The Ultimate Guide to Investing in Penny Stocks

The Ultimate Guide to Investing in Penny Stocks

The odds are stacked against you on Wall Street. After all, when you open your Ameritrade account with a deposit of a few thousand dollars, youâ€™re competing against multi-billion dollar hedge funds, foreign investment banks, and big institutions like pension funds, all staffed by hundreds or even thousands of MBAs and PhDs. These professionals work literally around the clock, spending millions of man-hours every year, just to make a fraction of 1% on any given trade. They have years of experience, proprietary statistical models, andâ€”most importantlyâ€”access to inside information.

Can you beat them? Sure, itâ€™s possibleâ€”but for most traders, it isnâ€™t likelyâ€¦ Unless you choose to trade stocks where mammoth size is a detriment, not an advantage: The world of penny stocks!

Of course the â€œWall Street industrial complexâ€ wants us to believe penny stocks are a â€œsuckerâ€™s marketâ€â€”they need us to buy stocks listed on the NYSE, Amex, and NASDAQ through their overpriced brokers. They need us to pay their big institutional firms to manage our money. The mainstream financial media (CNBC, Bloomberg, The Wall Street Journal, etc.) are dependent upon these exchanges, brokers, and institutions for advertising revenue, so theyâ€™re more than happy to conduct the propaganda campaign against penny stocks. It only makes sense.

Now the truth is that, yes, there are some scam artists pushing penny stocks to gullible novices who want to â€œget rich quick.â€ But this is true of every market everywhere since the dawn of mankind. Fools and money quickly part, and thatâ€™s just as true of the penny-stock market as anywhere elseâ€”but youâ€™re not a fool are you? Itâ€™s fairly easy to see through penny-stock scams, which this book goes into great detail about, but if youâ€™re smart enough to know that anything â€œtoo-good-to-be-trueâ€ is too good to be true, and youâ€™re willing to invest the necessary time and energy, then there isnâ€™t a better investment class in the world than penny stocks.
Country USA
Author Manny Backus
Binding Kindle Edition
Format Kindle eBook
IsAdultProduct
NumberOfPages 86
PublicationDate 2012-04-30
ReleaseDate 2012-04-30

Country	USA
Author	Manny Backus
Binding	Kindle Edition
Format	Kindle eBook
IsAdultProduct
NumberOfPages	86
PublicationDate	2012-04-30
ReleaseDate	2012-04-30

The Ultimate Guide to Investing in Penny Stocks

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