Hello friends. Today we are going to teach how to make money by trading penny stocks. We are assuming that most of you might be investing in the stock market but those who haven’t get started now. Let us first introduce to you what are penny stocks.
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at less than $1.00. Penny stocks are considered to be highly speculative and high risk, but have a large potential for profit. Penny stocks are often traded over-the-counter on the OTC Bulletin Board, Pink Sheets, and other institutions such as NASDAQ. So by buying and selling right penny stocks one can earn a fortune.
Lets give you an example of the money you could earn from penny stock.
Sam is a guy who has invested in penny stock of a company. He bought 100 units of the company stock at the price of 3 cents each. So his investment cost is 300 cents which is $3. Now this penny stock value rises to 33 cents in a weeks time. So Sam has a gain of 30 cents per stock and he is holding 100 units of the stock and so his total gain is 3000 cents which is $30. So his Return on investment is whopping 900%. Now just scale that up. The money is really good. But some may ask the question I don’t know how to trade ? also how will i come to know which penny stock to choose ?. We have an answer to this too.
We are going to introduce you to a website which will help you to make good money from penny stock investment. You don’t need to trade daily. Just one trade per week is sufficient. This website helps you to know which penny stocks to pick.
The website which we are speaking about is The penny stock egghead.
Best thing about this site is it provides you with a 8-week penny stock trading test drive where you just need to subscribe for free without paying a single cent from your pocket. If you are happy then you could buy the product offered by the website. So why wait, join now, visit here.