Monday, July 23, 2012
Pazoo, Inc. (PZOO) - Turning Five Hundred dollars Into One Thousand Dollars In A Week? Truth Or Hype - Penny Stock For Dummies
It may well appear a little ridiculous, but with the newest craze of people getting into penny stock investing; some typical people have been able to pocket serious profit on just one or two trades - buying stocks for pennies and selling them for real dollars.
Sounds like a piece of fiction or the inner workings of a pipe dream stock trading game, but you would be very wrong if you think this just isn't occurring every day. There have been tons of companies whose stock price had dipped to virtually pennies per share and in some occurrences fractions of a penny per share, that suddenly spiked to 2, 3 or (seriously) 10 or 20 times that price - literally in days.
It's still hard to believe right?? It'll only take a minute to look up one of the common occurrences in the penny stock market - Sunpeaks Ventures, Inc.. (SNPK). Try typing the ticker symbol into almost any financial site, and look at a historical chart for say four months or so; you'll notice right off that this company's stock was only $.43 or 43 cents a share around mid March, then jumped as high as .40 just weeks later. It won't take a lot of mathematics to determine that just 0 would have turned into nearly 00 in just a matter of weeks. For this very reason people are generally in a position to give up their day jobs to trade 1 or 2 penny stocks a month, at the same time being able to pay all their bills and live in a relaxed manner.
With just a small amount of research and a little bit of keeping your ear to the ground, you can make fantastic profits from penny stock investing; and it's not your standard long term investment approach like when investing in blue chip kind of stocks. Stocks of the big guys might see a 5% increase in a week (and they'll call that a good week), but if you can commit 0 - earning won't make you jump for joy... best you can do with that sort of gain is go to a movie... by yourself!
As with any investment, even penny stock investing has risks, but think of this: when you can invest $500 in a penny stock and possibly turn that small investment into thousands within weeks (and I don't mean 52 weeks) - the risk/reward ratio weighs incredibly in your benefit. Then again, you can invest in nice "safe" blue chip companies and maybe see a gain of a couple hundred bucks a year.. that's if you don't invest in top of the line blue chips like Tyco, Enron or Adelphia...lol.
Right now, we're paying close attention to Pazoo, Inc. (PZOO). This particular stock went from dormant to trading over 1 million shares as of last Thursday. The price was pretty consistent all day Thursday, even with the heavy trading (staying at $.10 per share), but then on Friday -things started to change ( the stock closed at $.135 - a 35% gain in One day). At the time of this publishing, the stock is continuing to climb today (7/23/12) climbing to just under $.15 per share. What to take notice of with this company is it's fundamentals; a good team, good product mix and revenue!
None of the companies mentioned in this article have paid for promotion or investor awareness - they are mentioned for reference points only. Any investor is strongly encouraged to conduct their own due diligence before deciding to trade on Any investment. The writer is not a qualified investment advisor, broker or financial planner. The opinions herein are solely the opinion of the writer, and not an invitation, solicitation or recommendation to buy or sell any of the stocks mentioned herein.
For more information about penny stock investing, Tips4Profits.com can be a valuable resource for you, if you want to break from the norm. We are a penny stock watch reporter, and we keep our eyes open for the latest and greatest opportunities.
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