There are so many people out there who keep buying stock to make good profits. The stockmarket game is really tedious to understand at times and thus it is very important to analyze about the current stock market trends and then act accordingly. When people enter into the stockmarket penny stock sites game, they often prefer short term investments especially they start to invest in penny stocks. Although there are lots of red hot penny shares out there, you need to pick the perfect red hot penny shares by analyzing the current stock market so that you can make some good money.
While we all dream about investing in the next Microsoft or the Home Depot, and actually mentally start calculating the profits, the sad truth is that the odds of finding out that once in a decade, success stories are slim since these companies are either start-ups or have purchased penny stock picks a shell company as it was cheaper than an IPO, or they just do not have a business plan that is good enough to justify investment banker’s money for an IPO. This doesn’t make them a bad investment, but it should make you be realistic about the kind of company you are investing in.
Many investors buy penny stock rumble considered “hot penny stocks” because it does not take a large investment to get started. They give the average investor the opportunity to obtain a significant number of shares without having to invest a large chunk of their hard earned money. In other words it provides the successful trader the ability to turn a relatively small investment into a large fortune. This is precisely why hot penny stocks are so popular. The downside of course is that the volatility of shares and the lack of corporate transparency that can quickly make a penny stocks worthless.
Cleantech Transit, Inc. (CLNO) is surely a hot penny stocks 2013 for 2013. The company has increased +14,900.00% YTD. Founded in 2006, CLNO (Las Vegas, Nevada) has shifted its focus several times. Starting out in mining the company was unable to find any profitable gold and silver mines. In 2010, CLNO shifted its focus to green energy when it acquired a 40% interest in Ortigalita Power Company, LLC. After being unable to secure enough funding to make the powerplant profitable the company chose to write-off its investment in Ortigalita Power Company. CLNO is now focusing renewable energy. Key Financial Statistics
Like gambling, the realization that you have lost time and money after being outbid, often causes an addictive and irrational drive to continue playing. The fact that some of the sites refund part or all of the fees participants pay as credits toward future auctions just perpetuates the vicious cycle. penny stock symbols In addition, the creation of a sense of urgency - as users see flashing tick times counting down-oftentimes causes brash and quick action instead of weighing costs and benefits to find the disproportionate relationship between the size of the potential reward and the cost of trying to obtain it.
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