Rising Volume in Penny Stocks
Rising volume when prices are falling can come in two flavors. There are volume spikes which typically indicate a short term bottom as those hoping for higher prices bail; and then there are the gradual build up in volume type moves accompanied by gradual but continuing declines in price. These are the sickening moves that happen from time to time where you have a blow off type volume move over a period of days that results in very low prices relative to the general price level and is usually accompanied by a V shaped volume and price spike back in the other direction. The problem is having the patience and the nerve to stick your neck out in such a decline. You have to gradually average in to such a move as the odds of catching the bottom tick are almost nil. You will find these types of plays all over the place during a bear market.
November 11, 2009 No Comments
The Advantages of Picking Hot Penny Stocks
Have you ever heard of penny stocks? It is a way for people to make real money with very little investment. A lot of people become interested in the whole investment and stock trading game, but really have no clue as to how to go about pursuing real stock trading.
Unfortunately some people choose investments that actually empty their resources instead of adding to them. What generally keeps people from making investments is not being able to do the kind of research they should.
November 7, 2009 No Comments
Here’s A Little Known Way To Make Money In The Stock Market – Ready To Cash In?
One of the most thrilling investments are penny stocks. There’s some people that stay away from these types of shares because they assume that they are full of risk. Don’t let yourself be scared though – there’s incredible cash to be made when you know what to search for.
For the most part, I see any stock under $2 to be a penny share and invest in newer businesses rather than established businesses. You will see several organizations that are now trading less than $2 because they have had certain difficulties. Rather than invest in these businesses, I search for upcoming businesses that are growing. This makes it possible to make some large cash in the future.
October 22, 2009 1 Comment
