buy penny stocks
Stock Market Tips and Penny Stock Newsletters
In order to make money on penny stocks, you have to do the research. Well, research can take up a lot of time, but it is necessary to succeed. And you really should buy all the books you can find on penny stocks and the stock market. However, sometimes it is worth it to pay for a newsletter list of good penny stocks, just make sure it is not a pump and dump newsletter list though. Make sure the newsletter has some really good stock market tips. There are also a few other things to consider before signing up for the first newsletter you find.
I have been thinking about buying a stocks newsletter lately, that‘s why I wrote this post. Do you even want to buy penny stocks list though? They can be expensive and if you buy the wrong one you can loose a lot of money. However, I think they are worth considering, especially they can save you a lot of time in researching. I am still going to do my research though, but time is causing a problem for me. We all only have 24 hours in a day right. It is amazing what some people can do with their 24 hours compared to others, isn’t it? Well, I think the newsletter really is necessary. They will help you out, so you have more time. After all, time is money right? So, we need all the time we can get. I am still shopping around though. Right now I am thinking of Peter Leeds newsletter, since I am reading his book right now, and it is a pretty good book, but I don’t know yet.
Stock Market Tip: Research
I mean there are a great deal of newsletters out there. It can be very confusing figuring out which one to buy. And it’s confusing which free stock newsletter to choose as well. You can’t always trust penny stock newsletters, both the free ones and the paid ones. You have to be very careful about believing the stock market investing tips. Some newsletters are just pump and dump newsletters. When a guy owns a penny stock website, he will sometimes get a great following of people who will subscribe to his newsletter. Then companies will pay the guy to put their company on his list of stocks to send out to his people. If he has a big enough following then it will cause the small stock to soar up from all the hype, and then it will fall back down very rapidly when everybody sells. The company will then sell it’s shares when the stock is pumped up for a great profit. And all of the poor people who read the newsletter usually bought in way too late when the price of the stock was high, thinking it would go higher. Then they loose all of their money when the stock falls back down. This is called pumping and dumping.
Stock Market Tip: Protect Yourself from Penny Stock Fraud
There are ways to protect yourself from these pump and dump scams though. Make sure the newsletters deliver good stock market trading tips. And of course, do some research. Read all about the company before you start trading. Read the press releases and make sure the writer is not being paid by the company. Read the financial statements. Read the charts. Read everything you can find. Although, some people can profit off of the pump and dump newsletters, you just have to know which stocks are being pumped and dumped.
Use the stock newsletters with fake money for a while. Don’t start using real money until you know the newsletter has truly good current stock market tips and tricks. Use fake money until you can consistently make profit using the newsletter. So keep shopping around the newsletters until you find a great one. Use the fake money with all of them, don’t get hasty, be patient. There are good free newsletters too, you just have to find them! However, they do say you get what you pay for, so beware. Although, there are indeed good free ones out there with free stock market tips and hot penny stocks.
I want to mention that research is very important again. However, sometimes you just don’t have enough time. Although, I don’t like to make excuses. To be good at anything you have to work hard. You have to research as much as possible, which I have mentioned many times I know, I just think it is essential. Try to read as many penny stocks books and stock market books as you can. So work hard, and use the newsletter to your advantage. Let me know of any great ones you find or if you know of any stock market tips to save time. Sharing is caring right? J Good luck in finding the right penny stocks newsletter for you! Have fun buying penny stocks!
Trade Penny Stocks and Make Money in Today’s Economy!
It is time to trade penny stocks. There really are some great penny stocks out there! Don’t think that all penny stocks are scams. Yes, there are a lot of scams, but there are also some great gems to be found as well. So don’t let people tell you that you should never buy penny stocks. The same thing goes with buy when people are scared. When people are selling that is when you buy. When people are scared and panicking that is when you remain calm and buy up some good deals.
You have to research the company before you buy anything though. Do your homework. Know who the CEO is, know what kind of job they had before this company. Know about new products the company plans on launching. Find out about the employees of the company. How long have those employees been working for the company? Don’t be afraid to call up the company to do some more research. Most companies have an investor relations person there just to answer your questions. And if a company doesn’t have a number to call, then don’t buy their stock!
There are also a lot of penny stocks they offer a nice high yielding dividend. Owning the stocks that pay out dividends should most likely be held for the long term. So they may not be too many of these micro-cap stocks, but they are out there. Check out some REIT stocks right now, they do really well in today’s economy. When interests rates are low and unemployment is high, these types of stocks do well. They have extremely high yielding dividends around 10% to 15%! I plan to and have already bought up some nice REIT penny stocks. Since congress plans to keep interest rates low until the middle of 2013, I think these stocks are some of the best stocks to own right now. Of course, you have to watch out for when interest rates rise or if inflation hits.
Of course, you may want to buy the penny stocks that are undervalued and are a good strong company. However, don’t start day trading penny stocks of these means. You want to hold on to them for the long haul. A long term investment. You will want to hold on to these ones for 20 or 30 years. These penny stocks are the gems that you go hunting for. Make sure to really research the company completely though. Check out the cash flow, analysis the financial statement, look at the history. There are several ways to buy penny stocks, learn how to start day trading penny stocks and learn how to start investing in penny stocks.
Day Trade Penny Stocks and Invest in Penny Stocks
Trading Penny Stocks = $
Take Wendy’s (WEN) for example. They are a big company that is a penny stock right now. However, do you think they will last? They are really cheap, but do you think McDonald’s (MCD) will take them over in the long haul? Wendy’s has been doing better since they let Arby’s go though, but they certainly are not as good as McDonald’s. However, Wendy’s has been around for a long time and at least they know when to cut their losses. And in this tough economy people are going to probably be buying more fast food because it’s so convenient and cheap. I am not sure about buying the penny stock of Wendy’s. Maybe it is better to save my pennies so I can buy a few shares of McDonald’s instead or Taco Bell (YUM). What do you think? Or perhaps I should do both, buy the penny stocks and Taco Bell. After all, having a diversified portfolio is key in the stock market. I like Taco Bell better than McDonald’s food too and I think Taco Bell may have more room to expand in China as well. Anyway, this is my penny stocks blog, not a large cap blog, so back to penny stocks. I did wanted to note that it is important to have a diversify portfolio though, not just penny stocks.
I am not really a fan of Wendy’s food either. Should that be a reason I shouldn’t buy a stock though? I mean this is just suppose to be business right, whatever makes the most money for me right? My brother and Dad love Wendy’s food though. Well, I do like their 99cent chicken nuggets with their sweet honey BBQ sauce. That is a good deal!
Hmm…Wendy’s is around $5 a share right now. So they are on the high end of their 52 week range, but that price could double or triple in the next few years with their expansions. Their 52 week range is $3.89 to $5.62, their market cap is $1.96 billion, their P/E ratio is 506.00%, and their dividend is 1.30%. Yes, it is not much of a dividend, but at least they are paying out one. Wendy’s could have a nice turnaround since they cut Arby’s. Actually they have had a 5% increase in profits without Arby’s as of August 11th 2011. Be aware that they look worse then they really are since the depreciating from Arby‘s. Also, Wendy’s has room to grow, can you say the same thing about McDonald’s? Everybody already knows about McDonald’s and they are everywhere globally and nationally. Wendy’s plans to expand in Russia, China, Brazil, and over markets internationally. Now, yes all fast food restaurants are suffering during the tough economy because of rising commodity prices, but I still think that fast food places can make it out strong on the other side.
So what do you think? Are you going to be trading penny stocks to beat out this economy? Do you think REIT and fast food micro cap stocks are the way to go? There really are some great micro cap stocks out there. Start shopping around, because it is time to buy, as I said in my last post: Buy Penny Stocks and Big Stocks, Don‘t Panic. Buy the dividend stocks and the strong companies that can tough out the economy. Do your due diligence and really research everything you can about the company. Thanks for stopping by and let me know about any penny stocks trading you have made recently.
Buy Penny Stocks and Big Stocks, Don’t Panic!
There has been a lot of craziness in the stock market the last several days. Don’t let the doom and gloom get to you though, now is the time to buy the penny stocks and other big blue chip stocks for a great bargain! Start shopping around for some good deals. Don’t let the fear of the future get to you too much. Control your emotions and make a plan to buy stocks that can stand up against a tough economy.
America’s credit rating has been downgraded. Most people are panicking right now. They are living in fear of what the future holds. And yes, it is scary times right now. We may go into double dip recession. The Federal Reserved announced that it would keep interest rates low until the middle of 2013. We might have inflation. Unemployment is high and we have a huge $14 trillion dollar and counting debt. Have you seen the U.S. National Debt Clock, it ticks our money away in real time. It is amazingly depressing. So maybe you shouldn’t check it out.
Have No Fear, Buy Penny Stocks!
However, when people are too scared to buy, that is when it is time to buy. You have to look at the bright side of things. If you have some cash that you can afford to invest, then do it. Make sure you can afford to loose it though. Now is the time to buy penny stocks and diversify your portfolio too. When prices are low, you buy. Prices will rise again one day. Just like in real estate, it is the same thing with the stock market. When nobody is buying houses, prices drop, supply rises. So now is the time to buy real estate too, especially since interest rates are low. Check out my other post on High Return Investments if you really want to diversify your cash.
Anyway, back to buying penny stocks. Look for some bargains that will do well in a recession. If we double dip into another recession, then you want stocks that can withstand it. Is important to diversify you portfolio. You never know what might happen to a certain sector, so buy a little in each sector. You don’t just want to buy penny stocks either, buy some large growth stocks that you can hold onto for years. Buy some stocks in utilities and perhaps the fast food sector. These types of stocks do well in a recession, because people will always pay their electricity bill and people always need to eat. People will be looking for the cheap places to eat too. Plan your portfolio for tough times, buy stocks in companies that are strong and have been surviving and even thriving in these tough times. I know I am planning a great portfolio! I will certainly be picking up some great deals!
Don’t let your emotions control you so much either. Yes, Monday was the biggest one day dip since December 2008, but then on Tuesday the Dow shot way back up. Of course, today the Dow shot back down again, what with talk of the credit rating in Europe. However, don’t let these spikes jolt you too much. You don’t need to sell in a panic with everybody else, just be still. Be calm and wait to see what happens in a day or two. Let the storm calm. In the mean time buy up those bargain stocks. Be positive and look for ways to survive and thrive. You may not get a chance to buy the penny stocks and blue chip stocks at prices like these again.
List of Penny Stocks to Buy!
Do you want to find a good list of penny stocks? It can be very hard to find a good penny stock. You have to do your homework. Watch out for the scams. That is why many people do not like buying penny stocks, because there are a lot of pump and dumps. Research as much as you can about the particular stock. Check out the forums, look at charts, find out about any new products that could be in competition with the company. Research, research, research. Join newsletters that will send you list of good penny stocks. However, be careful about buying newsletters. Just make sure the company of person you buy from has a good reputation. When you buy list of stocks, just watch the stocks they pick for awhile, before you decide to trust them.
Remember, that you can make money buying penny stocks online though. Don’t let people tell you otherwise. Companies such as Ford, Xerox and GM all started out as penny stocks. You never know when you might hit it big with a company. However, in today’s rocky economy, I wouldn’t hold a penny stock for very long like that. I would go for day trading style. Make your money today or tomorrow, not years down the road. That is the beauty of penny stocks. Now go get your own hot penny stocks list. Here’s a little list of some of the popular penny stocks that I like. But don’t trust me, do your homework.
List of Penny Stocks:
-Sirius XM
Sirius has moved well in the last couple of years after going through a rough period. Shares were below $0.10 and climbed to $1.61-$2.00. They are a good penny stock to buy right now, because of the Sirius and XM merge, they have no competition. However, you will not want to hold on to them for very long, since it is only a matter of time before WiFi takes off the need for satellite radio.
-USA Technologies Inc.
Prediction is that this company is set to grow over the next few years and stock prices will follow too. USA Technologies produces vending machines, coolers, and appliances. Right now they are virtually debt free and they have annual run rate of $20 million recurring revenue. Current trading price is $1.89-$3.00
-Arena Pharmaceuticals, Inc
Arena is a biopharmaceutical company that focuses developing oral drugs for the cardiovascular, central nervous system, inflammatory and metabolic diseases. Still a bit of a dubious stock after their new drug called Lorcaserin made for weight management was refused by the FDA last year. However, if they manage to straighten out a few kinks their share prices could surge. The FDA does set a high bar for weight loss drugs though. Present trading price is $1.46-$5.00.
-Voyager Oil & Gas, Inc
An oil and gas discovery company that carries out operations in Montana and Alberta Canada. Share prices are expected to rise from current price of $2.80 a share to $7.00-$8.00 a share.
-Village Bank & Trust Financial Corp.
The company’s wholly owned subsidiary is Village Bank. The bank that offers a range of services including checking, savings, certificates of deposit, and commercial, real estate, and consumner loans. Village Bank is not a member of the Federal Reserve System. They have 15 branches in Virginia and it appears they are on the up and up. The current price is $2.60.
These are just a few of the top penny stocks right now. As always do your own research and find the right penny stocks for you. Read forums, blogs, and read press releases about the companies. Watch out for any hype though. Find your own list of penny stocks that are right for you everyday, and then make money everyday buying penny stocks!