| Can somebody really become rich by buying penny | | | | So before you say "pish posh" to these low priced |
| stocks? The answer is absolutely! Let me guess. | | | | stocks, think it over! |
| You're skeptical, right? Well..... I don't blame you. I | | | | It's really easy to be an analyst these days and |
| would be too. | | | | recommend buying companies like Wal-Mart. It's like |
| Let's face it, when you think of all the famous wall | | | | "Wow, you really earned your $300,000 salary |
| street guys, you don't really think of them playing | | | | recommending that. I would have never figured that |
| around with penny stocks. This is exactly why you | | | | out for myself". (In case you can't tell, I'm being |
| shouldn't believe everything you see in the movies. | | | | sarcastic) |
| Alright.....let's break this down. | | | | The real great tip would have been recommending |
| What's the first thing you remember hearing when | | | | Wal-Mart when nobody ever heard of them before. |
| you first started trading from other stock traders? | | | | Recommending a stock like Wal-Mart now is like |
| Give up? "Buy Low and Sell High". Sound familiar?? | | | | recommending to put your money in a savings |
| Well......how much lower can you go than penny | | | | account. Is this safe? Sure. Is there a lot of potential? |
| stocks? It's hard to go much lower than that. You | | | | Of course not! |
| see...what most stock traders don't realize is that | | | | That's what buying penny stocks offer: Potential. So |
| while they may brush aside these kind of stocks as | | | | while you may be lucky if Wal-Mart goes up 5% for |
| "novelty" or not "for serious traders", the Fortune | | | | the entire year, with a low priced stock, you can |
| 500 is FILLED with companies that started exactly | | | | make 500% is one day if you pick the right one. I'm |
| like this. | | | | sure you can notice the difference. |