buy penny stocks the right way
Post on 15-Apr-2017
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Penny Stock Research
Buy Penny Stocks The Right Way
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Hi, My name is Aaron and I‘m with Penny Stock Research, today were
reviewing our recently published article…
Buy Penny Stocks The Right Way
Want to buy penny stocks the right way?Work on your patience and sharpen your focus.It takes a special kind of investor
to consistently make money in the market, no matter what kind of stocks
you’re trading.
The successful penny stock investor will enjoy more success with the right
combination of patience and courage. These are the two essential ingredients
of a great attitude.
And they’re the foundations of profitable penny stock investor psychology.
Don’t Buy Penny Stocks Without Doing Your Homework
Patience pays off. Take some time to get to know the company you’re looking at. Don’t accept what anybody has to say
about the penny stock without looking at the company for yourself.
You might see some things other people have missed. Or you might uncover a few embarrassing facts that other people, like
the pump and dump scam artists, actually don’t want you to see.
Patience is easy to talk about but it’s tough to demonstrate. All of us want to think we’re decisive. None of us want to
be viewed by others as indecisive and wishy-washy. But when you buy penny
stocks, the goal is to make money.
The way you’re perceived by others isn’t nearly as important. Focus on the trade. Recognize that you have a choice. You
can be decisive, or you can make money by being careful and cautious.
Can you have both? Sure, and here’s an example. Decide to be patient and not rush in enthusiastically every time you hear an exciting story. Stories are how the pump and dump scam artists make
money.
Even if you don’t consider yourself particularly creative, I bet you could put together a pretty convincing story about
virtually any penny stock you find. So instead of intoxicating stories, look for
solid opportunities.
This is why homework pays off. Does this strategy work? Does it help you make more money than a scattershot
broad market approach? It sure does. Here’s proof you make more money
trading penny stocks.
But this kind of success takes focus. Let face it. None of us have time to do the
kind of extensive, in-depth research that would be 100% perfect. There’s simply
too much going on.
Nobody can possibly cover this much ground, so it’s smart to bring focus to the
way you buy penny stocks.
Here’s what I mean.
When You Buy Penny Stocks, Focus On The Business Category
One category of stocks you might want to pay attention to right now is banking. Not the big global banks, but the small
ones, known as community banks.
You might not think a bank would be a penny stock but you’d be surprised.
Want to find the kind of bank that gives you a good penny stock to buy? Head for
the suburbs of Philadelphia.
At Royal Bancshares of Pennsylvania Inc. $RBPAA assets are growing. So are loans. Bad loans are shrinking. And net
income is up. There’s nothing terribly exciting about Royal.
It’s a small, community bank with 13 branches and two loan offices. It’s been around since 1963. Last April, the stock traded at $3.50. In just a few months, it
lost more than half it’s value.
Since last summer, the stock has been clawing its way back, and right now
Royal is trading at $2.28.
What makes Royal so interesting? The same thing that makes a select group of
other community bank penny stocks interesting. They can be very, very
profitable. Let me tell you why.
Why Community Bank Penny Stocks Can Be A Very Smart Buy
Let’s face it. These penny stocks are boring. They don’t give the pump and dump promoters exciting stories to tell
about changing the world. But buy one of these stocks below book value, hang onto it, and you can be sitting pretty.
Very pretty. The financial meltdown that hammered the big global banks...it didn’t
exactly bypass the small, community banks. The small banks were hit with new federal regulations which made
doing business tougher.
But...The survivors are pretty much in good
shape. At many community banks, loan losses are going down. Deposits are either holding steady or increasing.
When you find a business category like this to focus on, you can start to rank the
players. You might even find a community bank penny stock you like
better than Royal Bancshares of Pennsylvania Inc.
If so, terrific. Because there are a lot of exciting opportunities for penny stock
traders in this category.Just keep in mind that the rising tide
doesn’t always lift all boats.
And when one category is doing well, another category is in a slump. So
sharpen your focus. Maybe it’s homebuilding, maybe it’s retailing.
Look at the world of penny stocks through the prism of an industry
category and you’ll identify all sorts of interesting opportunities. Any categories
you’re fired up about?
Let me know.It would be great to hear from you. And if
you have a question about a stock or investment idea, shoot us an email. You
can also leave us a comment on the website.
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