In these turbulent times, investors need to stay informed about their investments, especially ones trading penny stocks. Fortunately, there are plenty of resources available with up-to-date information on penny stocks and foreign exchange rates. In this article, we will explore the tools and sources available to help you stay informed on penny stock updates and foreign exchange rates. /informative
Introduction to Penny Stocks Updates Review
Penny stocks are experienced runner’s stock investments with higher risks and reward. In today’s stock market world, understanding the technology behind pricing and trends of penny stocks is as important as understanding the underlying fundamentals behind traditional stock investments. Though it may seem daunting at first, with the guidance of the right resource and a little knowledge, understanding penny stocks is easier than most think. This article will explore the various aspects of penny stock analysis to give those with a keen interest an overview of what to look out for when investing in penny stocks.
What Are Penny Stocks?
For the purposes of this article, penny stocks are defined as stocks with a share price that is under $5. Investing in penny stocks can be a profitable activity, however due to their low price values, investors must take job of caution as the risk associated with their investments is much higher than with regular blue-chip stocks. Penny stock investors are rewarded with high returns when successfully predicting the growth of a penny stock which can climb several hundred percent in short periods of time.
Growth of Penny Stocks
In recent times, the growth of penny stocks has been immense. Companies such as Ardelyx Inc., Snowline Gold Corp., and Nordic American Tankers Ltd. have seen their respective share prices climb over 100% in the past few months. While the upside to these penny stocks can be attractive, the downside can be equally as harsh as gaining a few hundred percent in one week is just as possible as if a stocks prices declines.
Penny Stock Screener
In order to acquire the necessary information to make an educated decision, investing research tools such as Finscreens.org penny stock screener can provide a glimpse into the world of penny stocks. The penny stock screener provides users with up-to-date information regarding the stock’s momentum and the forces shaping it. The Finscreens.org penny stock screener allows for a search of penny stocks based off of the variables such as its market cap, price, trading volume and, of course, its 52-week high price as well as the percentage change of each.
Penny Stock List
Curated lists of penny stocks, typically found trading below $5 per share, are also helpful when exploring the world of penny stocks. It is recommended that when skimming penny stock lists, those mentioned are to be further researched and only then purchased. It is also important to remember that penny stocks are a high-risk investment, and with the risks come the rewards.
Penny Stock Alerts
Though researching methods can provide penny stock investors with powerful information and insight, there are many services designed to provide investors with real-time updates via email known as “penny stock alerts”. The service itself sends out notifications when certain pre-specified information is received. Those interested in penny stock alerts should take caution when selecting a service; many of these services are scams or full of false promises.
Penny Stock Tips
When in need of a penny stock tip or two, many experienced investors will simply advise to “know your why”. This means that investors should have a clear and specific goal in mind when investing: are they looking for short-term gains, consistent dividends, or something in-between? Additionally, investors should insist on conducting their own research before any purchase is made, as the information provided by the alerts and other resources can be incomplete or even intentionally deceiving.
Investing in penny stocks is a high-risk, high-reward undertaking that requires attention to detail and a thorough understanding of the risks and potential rewards involved. Many organizations and services exist to provide investors with the necessary data to make a well-informed choice and to simplify the process of researching penny stocks. Regardless, only educated investors who are equipped with the knowledge necessary to make an informed decision should invest in penny stocks.