Are Penny Stocks For You?
Have you ever wondered if what you know about penny stocks is accurate? Consider the following paragraphs and compare what you know to the latest info on penny stocks.
Once you begin to move beyond basic background information, you begin to realize that there’s more to penny stocks than you may have first thought.
Penny stocks are definitely risks that are better suited for the investor that likes to go skydiving, skinny-dipping, and bungee jumping. Of course even a few more conservative investors will find some attraction in the low risk promise of hefty payouts that the right penny stock can offer. In fact, many investors dream of being the one to find that perfect penny stock with absolute potential that will someday become the next LDDS turned WorldCom before the fall. The truth is that little businesses become big businesses everyday. Unfortunately, those that make it to the big leagues are quite few in number when compared to those who do not.
Penny stocks are a great way for small companies to finance growth spurts, smooth over rough spots and manage to become even better. This also gives companies a chance to restructure and by allowing their stocks to be traded as penny stocks they are generating revenue that can be reinvested into the company to great effect. Many times, this is a successful venture for the companies but there are many times it its. This is part of the risk that is taken when investing in penny stocks. When the companies manage to pull themselves together, grow at an exceptional rate, and become the company you hope they can become the payouts are amazing. But do not expect immediate results from your penny stock investment.
You should also be aware that many companies use penny stocks in order to run scams on unsuspecting investors. It is nearly impossible to get all the particulars about penny stock companies when investing in penny stocks because unlike those companies that trade with the big boys (NYCE, NASDAQ, etc.) these companies are not required to open their books to potential investors and do not face nearly the same amount of scrutiny that larger corporations face when opening their doors to investors.
But the question of whether or not penny stock trading is for your is going to depend almost entirely on your personal sense of adventure and your willingness to take risks with your money. There are many out there who firmly believe that in order to gain much, you must also be willing to risk much. This is a way of life for many that holds true for them in love, life, and in money. These people are much more capricious with their money and are willing to take the risk without reservation or fear of a negative outcome. These are the people who do wonderfully, win or loose when investing in penny stocks.
On the other end of the spectrum there are those who jealously guard their nest eggs and bank their retirement security upon the funds going in that basket. These are people that are quite likely to find themselves panicking their way through a penny stock investment for many reasons. You can’t really research the companies (a travesty to people who prefer careful planning) and you can’t gain quick and easy access to your funds once invested. This removes some sense of control over you financial health and isn’t a comfortable feeling for investors who like to feel in control. I can definitely relate to those who are in no condition, really, to invest in penny stocks. It’s a frightening investment practice when houses, retirements, braces, and college educations are on the line.
If you are the type to invest in penny stocks without carrying the heavy baggage of worry, stress, and nervous sweats along with you then you may find yourself in the position to change your wealth status. Even if you go against your comfort level and make the investment there is much to gain. Unfortunately the risks of this sort of investment are great as well and should not be overlooked or underestimated. So it still boils down to you and the person you are deep down inside. Are penny stocks right for you? Only you can answer that.
Misleading information can confuse those who only know one or two facts about penny stocks. The best way to help those who are misled is to gently correct them with the truths you’re learning here.
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Sheldon/Penny – Better together
| | BETTER DATE 1921-S LINCOLN CENT PENNY ANACS CERTIFIED ALMOST UNC. 58 ( AU-58 ) $79.99 |
| | REDUCED King George 5 Canadian penny / cent 1927 in Fine or better condition $1.49 |
| | Wheat Penny Lot A14, 1927-P, 1927-D, 1927-S, Better Dates. $0.99 |
| | Lot of 40 Indian Head Pennies Good or Better 1895-1908 One or more of each year $35.34 |
| | 1866 Indian Head Penny GOOD+ ** BETTER DATE!! $36.00 |
| | 1870 Indian Head Penny ** BETTER DATE!! $26.00 |
| | 1875 Indian Head Penny FINE ** BETTER DATE!! $21.83 |
| | 1876 Indian Head Penny * BETTER DATE!! $14.94 |
| | GREAT BRITAIN 1/2 PENNY DATED 1718 BETTER GRADE COLONIAL COIN/L56 $5.51 |
| | 1867 Indian Head Penny FINE ** BETTER DATE!! $30.99 |
| | 1869 Indian Head Penny * BETTER DATE!! $29.55 |
| | 1871 Indian Head Penny * BETTER DATE!! $29.09 |
| | 1926-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW232 $4.69 |
| | 1927-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW231 $4.69 |
| | 1872 Indian Head Penny * BETTER DATE!! $47.44 |
| | 1874 Indian Head Penny FINE * BETTER DATE!! $20.25 |
| | 1880 Indian Head Cent Penny *Better* #LK366 $10.00 |
| | 1919 S Lincoln Cent Penny CHOICE BU++ ** BETTER DATE!!! $100.50 |
| | 1927-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW230 $4.39 |
| | 1927-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW227 $4.39 |
| | 1926-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW234 $4.39 |
| | 101 Ways to Do Better in School by Penny Colman (1993) $2.99 |
| | LARGE PENNY 1853 NICE LARGE CENT.. BETTER DATE! $19.95 |
| | 4 Better Date Lincoln Wheat Pennies $7.13 |
| | 1946 Australia Penny 1d, Better Pre-Decimal Coin, aVF $113.36 |
| | Ireland 1/2 Penny 1942 Better Grade (1186) $11.05 |
| | For Better for Worse by Penny Jordan (1993 Hardcover) $0.50 |
| | For Better for Worse by Penny Jordan (1993 Hardcover) $0.88 |
| | 1919 S Lincoln Wheat Cent Extremely Nice Better Date Penny $0.99 |
| | 1926-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW233 $4.39 |
| | 1923-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW237 $7.99 |
| | 1926-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW235 $4.39 |
| | 1923-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW241 $7.99 |
| | Roll of 1912 Lincoln Wheat Cents / Penny ! Better Date !! (50) $42.99 |
| | 1923-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW243 $8.99 |
| | 1923-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW245 $7.99 |
| | Jamaica 1910 penny.Better grade $6.99 |
| | Jamaica 1918 penny.Better grade $7.99 |
| | PENNY REDS ALL DIFFERENT BETTER PLATE Nos…USED in LIVERPOOL…10 COVERS $93.24 |
| | 101 Ways to Do Better in School by Penny Colman 081673285X $4.97 |
| | 1914-S Penny, Better Date, #A15 $2.99 |
| | 1931 Canada King George V Small Cent Penny F-12 or Better $1.46 |
| | 1920 Canada King George V Small Cent Penny F-12 or Better $0.97 |
| | 1929 Canada King George V Small Cent Penny F-12 or Better $0.97 |
| | 1932 Canada King George V Small Cent Penny F-12 or Better $0.97 |
| | 1928 Canada King George V Small Cent Penny F-12 or Better $0.97 |
| | 1933 Canada King George V Small Cent Penny F-12 or Better $0.97 |
| | 1934 Canada King George V Small Cent Penny F-12 or Better $0.97 |
| | 1936 Canada King George V Small Cent Penny F-12 or Better $0.97 |
| | 1935 Canada King George V Small Cent Penny F-12 or Better $0.97 |
| | TWO BETTER DATES B/U PENNY ROLLS 1985P – 1986P $9.99 |
| | Lot of 40 Indian Head Pennies Good or Better 1895-1908 One or more of each year $31.00 |
| | 1926-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW251 $18.49 |
| | 1921-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW259 $5.79 |
| | 1924-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW255 $5.79 |
| | 1924-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW254 $5.79 |
| | 1924-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW256 $5.79 |
| | 1911-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW262 $11.49 |
| | 1912-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW273 $14.49 |
| | 1916-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW268 $6.79 |
| | 1911-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW263 $12.49 |
| | 1921-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW261 $5.79 |
| | 1916-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW269 $5.79 |
| | 1916-S LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW270 $5.79 |
| | 1912-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW272 $13.99 |
| | 1912-D LINCOLN WHEAT CENT PENNY BETTER DATE GREAT COLLECTOR COIN GIFT LW275 $13.99 |
| | 1929 Australia HALF Penny Coin. BETTER GRADE (W402) $0.99 |
| | 1882 H ★ GREAT BRITAIN One Penny Better Grade! – Queen Victoria $29.00 |
| | 1884 ★ GREAT BRITAIN One Penny Better Grade! – Queen Victoria $18.00 |
| | 1899 ★ GREAT BRITAIN One Penny Better Grade! Queen Victoria $22.00 |
| | 1901 ★ GREAT BRITAIN One Penny Better Grade! Queen Victoria $22.00 |
| | CULL LOT OF 100 WHEAT PENNYS MIXED DATES AND MINTS CULLS/GOOD or BETTER $5.95 |
| | Lincoln Pennies – Better Date and Mint $125.00 |
| | Lot of 3 Indian Head Pennies — 1890, 1892, & 1893 — Better/Older Dates $8.95 |
| | GREAT BRITAIN USED – OLDER & BETTER (INCL. PENNY REDS) – SEE SCAN & DESCRIPTION $6.05 |
| | Nice 1916-s Lincoln Cent Penny Great Coin! Better Date $0.99 |
| | Penny Jordan – - For Better, For Worse $1.50 |
| | 1909 Indian Head Penny – better date $0.90 |
| | 1923 S Lincoln Wheat Penny Better Grade/Better Date Coin Ships Free ! $22.99 |
| | 1859 Indian Head Penny Very Old Better Date US Coin ! $5.85 |
