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| Canadian Stocks and Junior Companies Founded by "mouser57 " ... a new forum to discuss exciting Canadian Stocks and Junior Companies, where EVERYONE is invited to see and comment on what is happening up North!!! |
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| Senior Member Join Date: Sep 2006
Posts: 138
![]() | Hi there Gang... As you can see....i just LOVE educating people....why you ask?....simple....i've been BURNED BADLY in the past....and learned that the ONLY way to prevent this again, and again is to E-D-U-C-A-T-E!!! ....so without further ado....class begin:There is no set formula on how to make a fortune in the stock market. If there was, there wouldn’t be a need for all the how-to-books and the multitude of websites full of information on how to make a penny stock fortune. Can it be done? Can you make a fortune off just penny stocks? It is possible that buying and selling penny stocks can make you a fortune, if you know the proper way to do it. It takes a lot of experience, mixed with a bit of skill, but it does happen. The biggest mistake people make is not researching and getting a good grasp of what penny stock trading is before they start. Going this route will have you losing money instead of making that penny stock fortune. Nothing good ever happens when your careless. One thing that entices people to try their hand at penny stocks is the high return on their investment. Just think about it. If you purchase a stock at $0.31, sit back, watch it rise and sell at $1.09; that is a 251% increase. There are, on record, stocks that have increased by over 400% in a very short amount of time. Think of the possibilities if you spread your allotted penny stock money among many stocks. With returns of 200% and upwards of 400%, your penny stock fortune may not be as far in the distant future as you think. The reason you won’t find many penny stocks on Wall Street is because Wall Street doesn’t talk about or even think about companies that haven’t already proven themselves with large gains. If you get your advice from Wall Street you may be looking at a return of 3-5% a year. If you’re happy with that small of a return, great; but if you are looking for more, then why not try making your fortune through penny stocks.When you are ready to begin working towards your penny stock fortune then it’s time to search for those penny stock guru’s; the guys who do nothing but study penny stocks and email their picks to their subscribers, people like you and me. You won’t know if you can make a penny stock fortune unless you try, and it’s ok to be cautious, it’s actually a good thing. Don’t throw all your eggs in one basket so to speak. Start small, and gradually grow your portfolio. You won’t make your penny stock fortune overnight, but you can make it over time. ...ta da!!!....you see people....it's all about TIME MANAGEMENT....if you devote the TIME to your stock selection...and "know" the people involved ( i'm talking about doing your own DD )....and KNOW the sector that is HOT...you are already 10 steps ahead of your neighbour.... ...and FYI folks....as far as penny plays are going right now....the sector is " RESOURCE RESOURCE RESOURCE "....i can't stress this enough....look to my previous posting and you will see EXACTLY who and what i have my eyes on....i hold NOTHING back..... ![]() |
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| | #4 (permalink) |
| Join Date: Jul 2007
Posts: 5
![]() | Penny Stocks You should definetly do your homework before you invest in any Penny Stocks...I recommend this report, that is where i started. Pink Sheets Stocks -cheers |
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