Affordable Stock: Reliable Penny Stock Picks and Real World Investing Advice
Since its inception in the year 2000, Affordable Stock has consistently presented reliable penny stock picks for the benefit of their sizable membership. Along with providing recommendations for winning penny stocks, the company finds it imperative to be a source of practical investment advice for both the novice and experienced investor.
Penny stocks are common stocks with a value of under $5.00 per share. These higher risk securities are not traded on the major stock indexes but on the Pink Sheets or OTCBB (over the counter bulletin board). Penny stocks are issued by small, growing companies and have the potential to yield very high returns in a short period of time for aggressive investors. Affordable Stock’s hot penny stock picks are within the financial means of even investors on the strictest of budgets. They are a great way for the novice investor to learn the practicalities of trading on the stock market with modest starting capital.
In the investing world, and especially with penny stocks, it is crucial to work with an investment advisor with a long history of successful trading and a dedication to upholding ethical business principles. Affordable Stock will never buy penny stocks before recommending them to their clients in order to drive prices up and make a quick buck. This investment group will never accept payment or gratuities in exchange for promoting a company’s stock.
Affordable Stock believes in full, honest disclosure and its entire penny stocks investing history is published openly on their website. Every one of their penny stock picks, winners and losers, is listed for every year since their inception in 2000. The company shows a very clear record of a great many more winners than losers in their penny stocks picks.
Real world advice for their private investor members is one of the hallmarks of this financial advice group. Affordable Stock makes the following recommendations to new investors when they begin working with their hot penny stock picks program:
Be Diversified! Investors should never put all their eggs in one basket. Invest in at least 5 different stocks in equal amounts. When penny stocks are sold, replace them with a new investment choice.
Use Limit Orders to Purchase Stocks: This way a market order will not go through at a price you have indicated is unacceptable.
Be Patient! When looking to buy or sell at market opening notice that a lot of stocks open strong, rise for an hour, then start to dip. Now’s the time buy. After the market has been open for about 2 ˝ hours the stock begins to climb again. Watch this for the time to sell! Remember, these are general trends and not cast-in-stone predictions.
Never Chase a Stock: Never become too attached to buying a particular penny stock. If the price climbs too steep for the budget, let it go.
Don’t Ride a Stock down to the Dirt! The same advice about attachment goes with holding onto penny stocks too long. Rebounds do happen, but a loss percent limit should be set that becomes the rule for unloading penny stocks.
Never Buy Based on How Many Shares you can Get: The goal is the best value for the investment dollar. Buying 2,000 shares of a 50 cent stock sounds great, but 200 shares of a $5.00 stock, although it sounds less exciting, could well be the better choice.
Practical investment advice like this is an integral part of Affordable Stock’s hot penny stock picks program. This daily stock advice plan is available for an affordable $19.95 per month and requires no long-term commitment. The service can be cancelled with a quick email request at any time. Members receive thoroughly researched and analyzed penny stock picks every Sunday through Thursday by 7:30pm MST for investing the next day. Useful information is provided to subscribers such as the trading symbol, closing price for the day, target buy and sell prices, and easy to understand comments from the advisors on why these investments were chosen as the day’s hot penny stock picks.
Affordable Stock welcomes questions and encourages dialog with their members to build a better service offering and strong client relations. They can be contacted at CEO@affordablestocks.com and all communications are answered within 24 hours of receipt. For more information and to sign on for reliable and affordable penny stocks advice, visit their website at www.Affordablestocks.com.
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