Penny Stocks Speculation
Check at some gold and silver mining stocks and look at their charts. The pharna bio stocks have sudden jumps and difficult to predict.
Generally the penny stocks have no fundamentals but very speculative and they are attractive if they have a good story behind them.
Also, it depends how much greedy u want to be. Some good penny's go up slowly, others go up in spurts usually the pharma's ones which develops new drugs as they go from one phase of study to next as FDA approves.
For penny's you may sit on them for long time before hopefully they make a sudden upward move.
Don't buy VLNC $3.74 now unless u want to take great risk. It is the time now for the investors to cash on the huge recent jump. U can buy on a dip or retreat though. You can trade the stock though and make 15% or 20% here and there some times.
OPTV is dud.
You may think to buy some SIRI Sate;lite Radio at $2.73 it may go up to $3.60 after the market little bit recover, but I do not believe u can double ur money soon.
Generally the penny stocks have no fundamentals but very speculative and they are attractive if they have a good story behind them.
Also, it depends how much greedy u want to be. Some good penny's go up slowly, others go up in spurts usually the pharma's ones which develops new drugs as they go from one phase of study to next as FDA approves.
For penny's you may sit on them for long time before hopefully they make a sudden upward move.
Don't buy VLNC $3.74 now unless u want to take great risk. It is the time now for the investors to cash on the huge recent jump. U can buy on a dip or retreat though. You can trade the stock though and make 15% or 20% here and there some times.
OPTV is dud.
You may think to buy some SIRI Sate;lite Radio at $2.73 it may go up to $3.60 after the market little bit recover, but I do not believe u can double ur money soon.
Comments