Monday, July 23, 2012
Pazoo, Inc. (PZOO) - Turning 0 Into 00 In A Week? Truth Or Hype - Penny Stocks Forum
It may seem a little outrageous, on the other hand with the newly found popularity of penny stock investments; some common folks have been able to pocket serious profit on just one or two trades - investing in stocks for pennies and selling them for serious dollars.
May seem like a bit of fiction or the inner workings of a delusional stock trading game, but you'd be very wrong if you believe that this is not actually taking place everyday. We have witnessed hundreds upon hundreds of companies whose stock has languished at ten or twenty cents (or even at fractions of a penny), that suddenly spiked to 2, 3 or (seriously) 10 or 20 times that price - literally in days.
Don't believe me? For substantiation, Take a brief second to lookup a couple of these stocks yourself, for instance Sunpeaks Ventures, Inc.. (SNPK). If you type in that ticker right into your favorite finance site, Take a look at their historical charts for the previous 90 days or so; you will see that the company was riding at a pretty unremarkable $.43 or 43 cents a share close to mid March, then jumped as high as .40 in only a couple weeks. It does not take a lot of math to figure out that just 0 would have turned into nearly 00 in only a matter of weeks. This is exactly why everyday people are able to afford to give up their jobs and just trade one or two penny stocks a month, and pay all of their bills and enjoy life stress-free.
By conducting a little due diligence, you can realize decent profit margins in penny stocks; and it doesn't take the long term investing that you frequently have to be prepared for when you invest in your average blue chip stocks. Stocks of the big guys might see a 5% jump in a week (and they'll call that a very good week), but if you can commit 0 - earning probably would not make you jump for joy... best you can do with that sort of gain is go to a movie... by yourself!
Much like with almost every investment, even penny stock investing has risks, but think of this: when you can invest $500 in a penny stock and likely turn that small investment into thousands within weeks (and I don't mean 52 weeks) - the risk/reward ratio weighs hugely in your benefit. Then again, you could invest in nice "safe" blue chip companies and maybe see a gain of a couple hundred bucks a year.. that's if you don't invest in top of the line blue chips like Tyco, Enron or Adelphia...lol.
Right now, we are looking a company named Pazoo, Inc. (PZOO). This particular stock went from dormant to trading over 1 million shares as of last Thursday. The price was pretty constant all day Thursday, even with the heavy trading (staying at $.10 per share), but then on Friday -things started to change ( the stock closed at $.135 - a 35% gain in One day). As of this publishing, the stock is continuing to climb today (7/23/12) climbing to just under $.15 per share. What to take serious notice of with this company is it's fundamentals; a good team, good product mix and revenue!
None of the companies mentioned in this article have paid for promotion or investor awareness - they are mentioned for reference points only. Any investor is strongly encouraged to conduct their own due diligence before deciding to trade on Any investment. The writer is not a qualified investment advisor, broker or financial planner. The opinions herein are solely the opinion of the writer, and not an invitation, solicitation or recommendation to buy or sell any of the stocks mentioned herein.
For more information about penny stock investing, Tips4Profits.com can be a valuable resource for you, if you want to break from the norm. We are a penny stock watch reporter, and we keep our eyes open for the latest and greatest opportunities.
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