Penny Stock Millionaire How To Guide!
By Ahmad Hassam
Oct 13, 2010
Penny stocks never get mentioned on the financial news channels like the CNBC, Bloomberg, FOX Business or for that matter CNN Money. Many investors simply ignore them and don't take them seriously. But do you know this thing that historical data shows that microcaps have consistently made more return as compared to the midcaps and large caps. The beauty of investing in penny stocks lies in the fact that with just a few hundred dollars, you can make a large fortune if you can spot a winner early on.
Penny stock gains can be so fast piling up in weeks, days or even hours that you can become a millionaire overnight.
How much a large cap moves in a few months? Not more than 10-15%. But a penny stock can make monster moves of 100%, 500%, 1000% or even more in just a matter of few days or even hours. You too can make a fortune trading microcaps. What you need is good research to
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He made a good return. In the late 1930s, he invested that money into a diversified basket of 100 different stocks. When he sold those stocks after the Second World War, he had made his fortune.
James Connelly was another ivy league student. Now, he may not be as famous as John Tempelton. But his feat is till remarkable in the unique way. He was able to turn his $1,000 into $1 million in just 38 trades with penny stocks in just one month. Yes! He was able to do that in just one month. He averaged around 20% per trade.
So with microcaps, you have the potential of becoming an overnight millionaire. Yes, this is true! Penny stocks can shoot up and make massive moves in the market in a matter of few weeks, days or even hours. The only problem with these penny stocks when they shoot up fast is liquidity. Liquidity dires up fast. But if you know how to handle that, you can make rapid gains in a matter of few weeks, days or