Penny Stock Prophet


Making Profits With Penny Stock Prophet

Although you may not find them listed on any of the primary stock exchanges, you can buy shares of a penny stock right through your stockbroker as will be performed with just about any other type of stock.

The primary exchanges don’t recognize their extremely low priced stocks as penny stocks, but in essence most are because they provide the same benefits. The listing prerequisites for these sorts of stocks can be quite stringent and may be hampered in some ways, but they are generally a lot more steady and dependable from a wise investment point of view. Listing agencies like the OTCBB and Pink Sheets provide the overwhelming bulk of penny stocks. This is why trading systems like Penny Stock Prophet can be so beneficial as they are designed to trade and benefit from these sorts of stocks.

Quotations are provided by the OTCBB (over the counter bulletin board). While the Pink Sheet only puts out quotations, the OTCBB maintains listing requirements as well. This is why the OTCBB is viewed with more validity.

If you are going to buy and sell penny stocks, then you need to be aware of that Pink Sheets only supply quotations for stocks who are listed there. The crucial distinction is the fact that Pink Sheets aren't registered with the SEC and therefore are not afflicted by any kind of listing requirements, whilst the OTCBB are. Needless to say, the Pink Sheets are much much more risky to contend with.

Exactly why is it that investors would choose to take on the risk connected to penny stocks? The most apparent response is gains and rewards.

The thing is that we have all observed these low cost stocks skyrocket suddenly and the appeal of purchasing a stock at $0.07 that goes up to $4 in a couple of weeks is very strong to folks. Believe it or not, it happens. The thing is that it will take place occasionally. Often times, systems such as the Penny Stock Prophet picks have furnished these kinds of extraordinary winners.

Any time a small cap stock jumps from the arena of being a penny stock to a momentum stock, the profits are incredible. Moves such as this generally create earnings of more than 1000% in just a few short weeks. Naturally, the catch is that you simply have to find a stock that's positioned for this type of move.