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Investing in penny stock symbols that are about to be promoted requires both faith and patience. Many times traders try to get in front of something big and wind up just getting in to a massive dumpfest whereby insiders are the only ones who make money. Those traders who had faith in our coverage on Arch Therapeutics, Inc. ( ARTH ) when it was trading at just 0.79 are reaping massive rewards today after Paragon finally announced it as their new pick. Connecting ARTH stock a month ago to some major winners from last year, sitting up 63% at today’s HOD is just the beginning.
Cleantech Transit, Inc. (CLNO) is surely a hot penny stocks list 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 newsletter 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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