If you’re anything like me you wouldn’t mind making some good money doing something interesting. No one wants a monotonous day to day 9 to 5 job. We want to be secure while also having variety. That’s how I felt at least when I was studying business and accounting a few short years ago.
I wasn’t happy with the idea of doing any mundane job that could come out of a degree like this and wanted to do something that I had more control over, something exciting and spontaneous. I wanted to make my money in the stock market, but how could I do this without the risk of making nothing, or even worse losing everything?
The answer is penny stocks. Penny stocks refer to micro cap equity, any company share that sells for less than $5.00. Some well known companies that either are or were trading for less than $5.00 are Ford Motor Company, Sprint Nextel, and Sun Microsytems. Good penny stocks a volatile. They have the ability to make large price jumps in small periods of time and are easier to acquire with little personal investment. Many newer investors are interested in micro cap equities because of the possibility of rapid and significant gains. However, there are several risk factors for traders, and many of which go beyond simple issues and concerns with the operations of the company.
For example, shares trading for less than $5 are considered by brokers to not be "option eligible." Such securities are subject to higher trading commissions, much stricter levels for margin requirements, and usually cannot be used to borrow against. Generally, unless it is option eligible, the equity cannot be sold short.
However, current penny stocks also have greater upside potential on a percentage basis. This sort of problem is mainly prevalent on the Pink Sheets market, and less common among more legitimate exchanges such as the NASDAQ, OTC Bulletin Board, or American Stock Exchange.
At pennystocks-for dummies.com you can get my complete, unbiased, uncut story about how I made a shocking gain with penny stocks and how I continue to do it to this day. It’s pretty simply written and you will benefit from visiting.
If you’re looking for a way to finally get into stock market trading but don’t quite have the money to throw around hot penny stocks are a great way to get a jump start on your money making endeavors. A jump start is for sure with the returns that micro cap equity allows. If you really want to get a head start there are systems with pin point recommendations of hot penny stocks (these blow any penny stocks for dummies course out of the water). If you would like to learn more about penny stocks or penny stock recommendations click here.
