It seems as if every year has its own recommendations for the purchase of penny stocks in particular the launch of the New Year on the right foot. And 2010 is no exception to this rule.
So, if you are hungry to invest some promising penny stocks this year, try to look at the following suggestions. We make no promises that they make you a lot of money, as always, you should try your own hard-working and see what you can do with it. But they should at least inspire you and give you an idea of what is out there.
First, we start with Fannie Mae. Otherwise, as the Federal National Mortgage Association, known (or FNM), understandably, this camp in a quiet recently. But many people suggest that if the housing market picks up again it could be a couple of good profits are made here. The recent trading at 1.01, although last year it was as high as 2.13 and 0.35 as low as gone.
Elsewhere, there are the ppbv shares. This is the Purple Beverage Company, and we have very little information to go here. The stocks are currently rated at 0.0015 each. He suffered very much when the stock market crashed in 2008 as it had reached a high of eight U.S. dollars per share at this time. Needless to say, although the company is still around and still good, so that the shares are undervalued fly safely back up at some point.
Finally, we have WDRP. This is the stock belonging to migrant Port Corp. It is currently sitting at 0.0345, but was 0.008 when not so long ago, you will see that it’s really great progress. And some people think it will go much higher than three and a half cents per share as well.
How to keep an eye on the news and developments for these penny stocks and use this information to you to decide when to buy and sell these shares. Many people do not consider penny stocks to be worth to consider it and for a long time. But as we can see here, you can not have. Some stocks can go up in value by a substantial amount in a short time. The secret is to know what are penny stocks on the rise and the best of them while you can.
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