Home - Members Area - Become A Member
|
Penny Stock News and Market Data Track Your Stock Portfolio Online
|
Taking Advantage of Pennystocks! Anticipation and Projection are key elements when trading pennies. Knowing how the moods of investors and the market itself will react during a stock play. For example: A stock jumps from .02 to .06 cents per share due to news. As the stock jumped to .06, the speed and the fashion in which it performed is key. Did the stock jump to .06 as soon as the market opened, or did it gradually rise to .06 throughout the day. Those are the factors that you have to analyze. If it was an immediate jump, chances are the stock won't stay at .06, it will most likely drop due to the way the market pushed it up. To take advantage of that stock, you would wait and let it drop to its low, or even below the low, and then pick it up. The outcome is usually a nice profit from the bounce, when it hits its low. Now, if you see a gradual rise in price, then that is an indication of a good daytrade. The news comes out, the stock starts climbing slowly. By the end of the day, you could have a double, triple on your hands. To be successful trading Pennystocks, Projection is a key element, and certainly an element discussed thoroughly in our Pennystock Information Packet. If you know pennystocks like we do, good things will happen! :-)
H.I.R. Investments
|
