General

Is it possible to make fortune on penny stocks?

There are many debates on making their fortune on penny stocks. It is too tempting to buy a stock at a few cents and sell it for a few dollars per stock. The truth is that there are very fewer people who know the right stocks to buy. Otherwise, penny stocks can only take your money away. Finding a worthy penny stock is not an easy task.
There is no legalized index for the micro-cap stocks and there are immediate turn-over values for the investment. You will have a chance to find out many other options which can actually make your investments go towards a better level. The speculators for penny stocks need to know that the poor performance of these stocks is due to the bad reputation of some of the stocks. There is no index related to OTCBB stocks and hence, the success of the stocks can’t be measured appropriately. There are many problems associated with penny stocks, like:
Low Liquidity Levels
Penny stocks are sold with a value of a few cents or lesser than $1. The general definition of these stocks is below $5 per stock but these are mostly lesser than one dollar in value. The check of legitimate penny stocks is by seeking the OTCQX Composite index and this value is prepared by the OTC markets by listing the companies listed on the marketplace. With this, the purpose of the all-encompassing index is defeated.
The standards of liquidity require the stocks index to post the trading standards at regular intervals. Penny stocks are so volatile that you can’t get guaranteed funds whenever you require them. During the times of urgency, there is no chance of selling the stocks as these are volatile and the price fluctuations are very often. On the other hand, the stocks on the major stock exchanges are highly liquid with a narrow bidding rate. You can trust to get your money during an emergency and the buying and selling prices are quite similar during the normal phases. Penny stocks have the substantial bid range and it the investors don’t get enough gain by selling the stocks.
Frauds involved with penny stocks
The search for the best penny stocks is just similar to finding out the unique gem among the heap of stones. This means that the probability of finding the right stock is very low. You might get happy that you own a thousand stocks of a company with a low price per share but it is obviously not the case of quantity. The quality of stocks determines their value and worth.
There are many fraudster brokers and company’s management which promote the fake stocks and pump the stock prices by purchasing large quantities of stocks. They properly do the marketing of these stocks on various platforms and promote them to gain a higher position. As the stock price becomes high, the frauds sell all the stocks with huge profits. It accumulates all the money from the innocent investors and they lose their investments to a null position. This scheme is termed as ‘Pump & Dump’.
Most of the penny stocks are manipulative and will eventually be delisted. There is no control over these stocks and you have a probability of losing your whole investment by trading penny stocks.
Penny stocks are cheap for a reason
Penny stocks are priced low for a reason. They are cheap to attract a number of visitors towards them. Quality companies start their mass collection of stocks at a higher price and those stocks are listed on the major stock exchanges for a security. If you’re taking only the case of Microsoft Corp which started with 10 cents, then it would only be a deceiving example. The IPO stock was $21 a share and it reached to highest levels with strong fundamentals and promising future.
If you’re interested to buy a penny stock, just look at the reason which prompted you to buy the stock. There is something associated with the buyers to make a choice for these stocks and most of the reasons turn out to be frauds later on. The stocks of many companies declined to zero level and investors suffered huge losses.
Lack of Information
There is a common thing in many penny stocks. You are not sure about the companies and the mysterious ways through which they have generated profits. The investors have no idea about the ups and downs of stock prices. There are assumptions or suspicions associated with the company’s unstable positions and it collapses later on. There is not much transparency provided to the investors and the pink sheets or OTCBB exchanges have no reporting obligations to the investors. There are no reputed or huge companies willing to make a new move through penny stocks. These stocks are indeed considered to be highly risky due to no information available about the companies.
Hit the opportunity
Penny stocks are speculative and there is no fixed trait about them. There are a very few stocks rising from a few cents to good dollar amounts and they have made some people actually rich with their trust. PIR (Pier 1 Imports) is an example of the same which rose from $0.11 to $25 per stock within a span of four years. There was a time when everyone thought that the company will get delisted. Gambling on stocks is never a right option and it will ultimately ruin your investments. The time and money spent on penny stocks could be rather used in some other opportunity to gain success.
It is very simple to invest in the low-cost stock market but you can’t get a guarantee of higher indices over a period of time. The investor strategies have to be strong and greed has to be eliminated to end up working against the odd factors. If you think about beating the market, don’t limit your search to penny stocks. There might be many newsletters or business channel promotions for some of the paid stocks but it is up to you to choose this risky investment or look out for some other ways to invest. You can easily get good stocks in major stock exchanges in which you don’t have to invest in big numbers. Check the track record, liquidity levels and financial transparency of the company to take the right decision.

Understanding Pump and Dump Scheme in Penny Stocks

Your investment in penny stocks would require you to know about the ‘pump and dump’ show for manipulative selling practice. The word pump is used for the short-term hype of a stock and dump refers to selling the stocks by manipulators at the peak. It is the devious scheme of stock market insiders for promoting a stock and manipulating its price for a short term to get the whole amount from the public.
If you ever get emails about any penny stock or get to read about it on several websites, it is probably a pump and dump scam. The market watchers might get various emails promoting a penny stock and it is never a good idea to follow the advice, until the time you’ve researched about the company. It is not only the case of emails but there could be other ways to reach out. Many times, the scammers hire marketing agencies to get through the majority of people and befool them by giving a greedy feel.
There could be multiple sources to promote the penny stock scams and the investors can find out the signals to understand the fraudulent ideas. If the penny stock price is shooting at a price in a short time span, there is a huge probability that it is a scam.
Why do scammers do it?
As the price of a stock shoots up, there is a feeling of trust developed in the minds of investor and they tend to buy those particular stocks for the reason of earning huge returns. The price of penny stocks is low and hence, people find it quite satisfactory to own the higher number of stocks at a lower price for the whole investment. Penny stocks are not guaranteed for giving you returns and you never know when the company drops off because there are no regulations involved.
The hints of assurance of high returns or risk-free penny stock investments are the big signals of fraud. There could be a brokerage firm selling penny stocks on pink lists or OTC market. The investor can even contact FINRA if an individual broker or any firm is trying to sell you penny stocks. Penny stocks are illiquid and if there is a sudden trading of stocks in multiple days in the row, it could be probably the case of pump & dump scheme. The tips are sent to people in different forms and they get tempted to buy the stocks. It is particularly in the case of new companies or the companies with a flat price chart for many weeks or months before the jump.
Warning Signals
Don’t ignore the warning signals of the fraudulent companies and make the appropriate choice for checking its registration. The companies registered with SEC (Securities and Exchange Commission) are better for making investments rather than the non-registered companies. You can check the financial statements of the company and its policies to see if it is the right one for investment. Don’t simply trust the praising words illustrating the worth of the company. Instead, try not to get duped into pump & dump scheme and follow the right stocks for your hard earned investment.

BLOC

Global Blockchain Technologies Corp. has the stock symbol BLOC and it is a blockchain investment company in CNSX. The company was founded in the year 2010 and has its HQ in Vancouver Canada. It is an investment company providing an access to the blockchain holdings. With the team of industry pioneers and cryptocurrency experts; Global Blockchain Technologies Corp. is becoming leaders in their stream. It focuses on the best processes for the interested investors to invest their hard earned money for better revenue generation. The future projections of the company are quite appreciative and it is anticipated that it will become the best in its genre. GBT is becoming the prime integrated originator and manager of cryptocurrency and blockchain concepts.
The strength of GBT is that it provides the investors an access for linking the assets in blockchain space meant for balancing growth and stability. There is a competition of these companies with the blue-chip stocks and this is the reason for the investors to value these stocks. This small-cap stock has a 52-week range of $ 0.31-1.86.
The management team of the company is very strong and they’re among the initiators of Initial Coin Offering (ICO) revolution. The experience of these skilled professionals is leading towards the new concepts in the blockchain technology and this is the reason for people to adopt the prospective holdings for business data. The technical viability of cost-effective solutions is the focus for the developers and they’re quite successful in carrying forward the blockchain concepts with the fullest scope. The research and development in the field of blockchain technology are quite larger in its own way and the companies are leading towards their unique developments in this stream to get to the peak in their league.
Global Blockchain Technologies Corp. values its investors in the innovative ways to provide the maximum resources to develop blockchain technologies and excel in their growth. The resources include legal support, technical development, and initial capital growth. When the best product is created, it can be introduced to the market with the Initial Coin Offering. Investments require a lot of opportunities and projections for growth. There are capitalization ideas giving growth opportunities to the ecosystem of blockchain between the existing technologies and holdings. The new technology is geared up to grow the potential in the segment and get new ideas implemented on regular basis.
The market capitalization of the company is $ 174.92 M and there is a scope for growth with the persistent efforts of the team. It is expected that the company will reach towards higher levels with its market strategies and realistic approach for ideas. The growing number of applications and uses has raised the demand of blockchain technology. It will certainly make the revenue streams in cryptocurrency marketplaces and financial developments. By 2022, the global blockchain technology market will be worth 13.96 Billion with a compounded growth rate of approximately ~43 percent. Investment in BLOC will be rewarding as the company is growing every day in its segment with the consistent hard work of the team and mounting trust of investors.

Amfil Technologies Inc.

AMFE
Amfil Technologies is based in Markham, Canada and was founded in the year 1985. The ticker symbol of the company is AMFE and it is traded on the OTC Market Exchange. The company took a new business model in the year 2013 with the changes in the management board. The present focus of the company is on the income acquisition from private companies and optimization of the Amfil Technology Operations.
The company’s major focus is on the enhanced shareholder value which allows the investors access to the small to mid-sized businesses with the business growth strategies. There is a futuristic growth of the companies aiming the achievement of long-term financial returns through dividend income and mid-level to long-term capital growth rate. The company makes an investment in the medium-sized segment having a potential of growth in its own sector.
The market cap of the company is $38.49 M and the 52-week low-high range is $0.065-0.235. The management plans are designed in a way to increase the share values by the acquisition of the small to mid-sized companies with the following conditions:
i) Profitable companies without debt or a very little debt value
ii) Scalable operations handled by the company
iii) Self-sustainment focusing on the increment of the business
iv) Possession of a unique technology containing higher growth opportunities and less overhead
v) Utilization of a proven business model in its growth stage
Amfil subsidiaries
Interloc-Kings Inc.: It was acquired very recently and is an established company providing winter services and hardscape construction for the people in Toronto & York region. This is a prime snow removal provider since 2009 with a team of intelligent designers and engineers delivering the best landscape designs to the properties in the snow-embedded regions. The company has a good reputation in the market and gives the best results in its field.
GRO3: GRO3 systems are meant for the sanitization unit for the elimination of 99.9 percent of the pathogens for the Medical Marijuana Industry. This was majorly developed for medical uses of Marijuana but has expanded its roots to the recreational segment with the legalization of cannabis for recreational usage. The company systems are meant to eliminate bacteria, pests and other pathogens from the reservoirs, plants and surrounding areas in cultivation facilities. It was developed from the EcoPrO3 ozone technology serving the food and beverage industry for many years. The products aim at improving the well-being of plants and elimination of 99.9 percent of bacteria. The control is done on pest and odors by leaving the reservoirs oxygenated and nutrient-rich.
Snakes and Lagers: This is another subsidiary of Amfil Technologies. They are the operators of the themed bars with board game concepts in Ontario, Canada. The food & beverages along with the board games are available for purchase. It is basically meant for a thematic concept of gaming bars and café available for the people looking for newness in the idea of restaurants.
Amfil Technologies is making its move in variable segments and it aims at bringing the positive results in the company’s stats.

Penny Stock Day Trading Advice

Penny stocks day Trading

Penny Stock Day Trading Advice That Motivates into Profitable Venture

 

When people see the term “Penny stocks” this is refering to stocks of businesses that are valued at extremely small prices. Many people are drawn to these investments as they can call for a small initial investment, but you must note that there sometimes there is a high risk of the share value decreasing to nothing. Although there are certainly risks taken in these kinds of stocks, there’s also a sizeable potential for tremendous gains.

When trying to choose a penny share to put money in in you are going to need to know a few things about the business. Just like investing in other stocks, you want to understand the type of business they are involved with and what company plans they have for the upcoming years.

It is rare that the businesses with these kinds of stocks have complex organizations – typically they are simple to understand and analyze. There’s a lot of of these types of shares that are companies that work with with resources – their price will go up and down based on the price of the resource.

Penny stocks are seen as a high risk investment, according to the many pros. Naturally there’s always the risk that the business won’t survive even with enough research.

Reporting guidelines on penny shares are a lot less demanding than they are for shares found on the national stock exchanges. One sort of penny stock is referred to as the Pink Sheets, there’s virtually no regulatory standards on penny shares, no minimum accounting guidelines or reporting guidelines.

Because there’s very little or even no regulation, this renders this sort of stock vulnerable to fraud and market manipulation. Fraudsters will use their influence to jump]work up penny share prices, then they’ll unload and delist the share. This is the classic con referred to as “pump and dump”.

Now, even with that said it doesn’t mean you should never invest in these stocks entirely. There are plenty of real, legitimate start up companies, and they have to get going somewhere. Tons of companies that are listed as penny stocks are going to be successful in the oncoming future. If you’re able to spot one of these organizations, your gains on your investment will be massive.

If you can pick out organizations that have promising futures, your profits will be huge. Even if you post a loss on most of your penny share picks, the one winner will be such a large gain that you’ll forget all about the stocks that fell in value.

We hope this day trading advice motivates you to enter into this profitable venture. Click link below to discover a proven day trading system that is making plenty of people great money!

Penny Stock Trading Formula Reveals proven formula for Stock Trading that Virtually eliminate stock trading risk and dramatically boost investment gains.

 

Let’s face it. Penny stock investing is a risky business. Beginner traders like to invest in cheap shares, and they get burnt rather quickly. Here are some of the most common steps proposed by experts on how to invest in penny stocks online in a sensible manner.