Can You Become A Penny Stock Millionaire?
Many people don't take penny stocks seriously. But microcaps have the potential of making you an overnight millionaire. You can invest just a few hundred dollars in microcaps and make huge fast gains. Microcaps don't get mentioned in the main stream financial media. You won't find a stock analyst talking about penny stocks on CNBC, FOX Business, CNN Money or for that matter Bloomberg. But think about this!
So how much you need to start with penny stocks? Let's say you spot a microcap priced $1 per share. With $100 you can buy 100 shares of that stock. But suppose, you spot a microcap for $0.5 per share. How much you need to buy 100 shares of that stock? Only $50! Yes1 With only 50 bucks, you can buy 100 shares of that penny stock and with 500 bucks, you can buy 1000 shares of that penny stock. Think about buying 1000 shares of a large cap stock costing something like $50 per share. You will need to invest $50,000 just in order to buy 1000 shares of that stock.
How much a large cap moves in a few months? Not more than 10-15%. But a penny stock can make monster moves of 100%, 500%, 1000% or even more in just a matter of few days or even hours. You too can make a fortune trading microcaps. What you need is good research to unearth those hidden gems that are about to make monster moves in the market. You only need a few hundred buck and the right timing to make a fortune.
James Connelly, an ivy league maths student hit upon a secret statistical algorithm that would tell him about those penny stocks that were about to double in the next few days.
James Connelly was another ivy league student. Now, he may not be as famous as John Tempelton. But his feat is till remarkable in the unique way. He was able to turn his $1,000 into $1 million in just 38 trades with penny stocks in just one month. Yes! He was able to do that in just one month. He averaged around 20% per trade.
So you can yourself see how powerful compounding factors can be!
Just imagine, you can't get this much gain of almost 970% in just a matter of 30 minutes in any other market whether it is forex, commodities or large caps.
But with penny stocks, you can double your investment again and again after every few days!
So how much you need to start with penny stocks? Let's say you spot a microcap priced $1 per share. With $100 you can buy 100 shares of that stock. But suppose, you spot a microcap for $0.5 per share. How much you need to buy 100 shares of that stock? Only $50! Yes1 With only 50 bucks, you can buy 100 shares of that penny stock and with 500 bucks, you can buy 1000 shares of that penny stock. Think about buying 1000 shares of a large cap stock costing something like $50 per share. You will need to invest $50,000 just in order to buy 1000 shares of that stock.
How much a large cap moves in a few months? Not more than 10-15%. But a penny stock can make monster moves of 100%, 500%, 1000% or even more in just a matter of few days or even hours. You too can make a fortune trading microcaps. What you need is good research to unearth those hidden gems that are about to make monster moves in the market. You only need a few hundred buck and the right timing to make a fortune.
James Connelly, an ivy league maths student hit upon a secret statistical algorithm that would tell him about those penny stocks that were about to double in the next few days.
James Connelly was another ivy league student. Now, he may not be as famous as John Tempelton. But his feat is till remarkable in the unique way. He was able to turn his $1,000 into $1 million in just 38 trades with penny stocks in just one month. Yes! He was able to do that in just one month. He averaged around 20% per trade.
So you can yourself see how powerful compounding factors can be!
Just imagine, you can't get this much gain of almost 970% in just a matter of 30 minutes in any other market whether it is forex, commodities or large caps.
But with penny stocks, you can double your investment again and again after every few days!
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