Penny Stock Newsletters
With the turbulence that has been witnessed in Wall Street over the
course of the last three years, you might imagine that investing in
the market would be at an all time low for the average American.
However, the very turbulence that you would someone hesitate to invest
is actually the encouraging factor for many others.
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There has always been a dream in the US of getting in “at the bottom.”
Finding a stock to invest in that isn’t already considered a sure
thing, which means it has an inflated price to begin with, buying low
and then riding the wave to bigger and better things. It’s what keeps
the average American interested in the stock market.
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For this reason, there has suddenly been a boom of interest in the
penny stock market. These are stocks that trade for less than five
dollars a share. There is a short history of awesome penny stocks that
are nothing short of inspirational, including Sprint-Nextel and Apple,
Inc. Hearing these types of statistics is what make people dream of
becoming a penny stock millionaire.
In fact, the rapper Curtis Jackson, better known as 50 Cent, recently
made headlines when he was gifted a large amount of shares from a
company currently trading under a dollar and he tweeted how “awesome”
the company was. In response, his Twitter followers literally bought
thousands of shares, resulting in over nine million dollars in gain
for 50 Cent. He literally became a penny stock millionaire.
But the truth is that stories like these are few and far between. If
awesome penny stocks came around every single day, then they wouldn’t
cause headlines or be the stuff that dreams are made of. The truth is
that if even a moderate percentage of these stocks ended with any sort
of major payout to investors, there simply wouldn’t be cheap stocks
anymore. The influx of buyers would raise the stock price too quickly.
People tend to think there is no danger in buying these types of
micro-cap stocks because of the cheap price. But there is always
danger in investing your money. If you have continual losses,
regardless of how small your initial investment was, those losses are
bound to add up.
Investing in the stock market may seem less complicated when dealing
with stocks traded at such low prices, but this isn’t the case. If the
past few years have taught us anything, it’s that it is always best to
be informed and cautious when dealing with the market.