Trading sub-pennies is usually the easiest way to lose your entire investment. Some people might ask "Why do people even bother buying penny stocks" and usually there is no easy answer. Realistically the only ones making money on a consistent basis are the convertible debt holders and the companies themselves through the selling of shares to investors on the open market.
But for the hundreds of penny stocks that end up sucking away someones hard earned money there is one penny stock that could change your life. Last year DLAV, LNGT, and AWYI fit that profile. These stocks soared from $.000's into the pennies, scoring huge gains for those lucky enough to buy and hold when the going was tough.
This year has seen a couple big gainers including EESO and GRMU, but what has occurred the last three trading sessions with QMNM could truly change someones life.
QMNM traded as low as $.0008 last week and you could have easily purchased a million shares at .0013 for $1,300. Those 1 million shares would be worth $72,000 at today's close. Can you imagine turning $1,300 in $72,000 in less than a week and your not a professional sports player?
http://pennystockgurus.blogspot.com/
http://www.pennystockforum.net/
Such is the allure of penny stocks. For the 100 that ultimately take your hard earned money, there are a handful that make that money back ---- and then some. Its what keeps penny stock traders hunting for the next big run and the reason why we love trading pennies.
So the next time someone asks you why you trade penny stocks, tell them to check out the ticker QMNM and let them know that a $1,300 investment would have been worth $72,000 in less than a week. I'm sure that will garner their interest.
But for the hundreds of penny stocks that end up sucking away someones hard earned money there is one penny stock that could change your life. Last year DLAV, LNGT, and AWYI fit that profile. These stocks soared from $.000's into the pennies, scoring huge gains for those lucky enough to buy and hold when the going was tough.
This year has seen a couple big gainers including EESO and GRMU, but what has occurred the last three trading sessions with QMNM could truly change someones life.
QMNM traded as low as $.0008 last week and you could have easily purchased a million shares at .0013 for $1,300. Those 1 million shares would be worth $72,000 at today's close. Can you imagine turning $1,300 in $72,000 in less than a week and your not a professional sports player?
http://pennystockgurus.blogspot.com/
http://www.pennystockforum.net/
Such is the allure of penny stocks. For the 100 that ultimately take your hard earned money, there are a handful that make that money back ---- and then some. Its what keeps penny stock traders hunting for the next big run and the reason why we love trading pennies.
So the next time someone asks you why you trade penny stocks, tell them to check out the ticker QMNM and let them know that a $1,300 investment would have been worth $72,000 in less than a week. I'm sure that will garner their interest.
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Good Post Keep it up thanks for sharing the information.
How long do I plan to invest?
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