The last three weeks of July the stock market was a force to be a part of. If you had or held any stock worth gaining I am sure that you pulled in some pretty nice gains but not everyone shared in the bliss of making money and I’m sure there were some losers somewhere out there itching to bring back in what they shelled out in loses.

I’m a penny stock gambler. I enjoy taking some risk and reaping some pretty sizable rewards when the week or month is through. I got interested in the markets after the economic collapse, as stocks that once soared high in the double digits but as the economy began to flutter and started to lose It’s luster the game was just about to begin in my end of the ballpark.

What are penny stocks and are they really worth dropping your money into at any point in time?

Yes penny stocks are very volatile and you can lose big but the challenge in picking the proper stocks and profiting handsomely can be very rewarding 100% over and over.

I like the acquisition stocks. The companies that have sectors branched off from the main company specifically for buying failing businesses or raiding companies as the big tycoons like to call it. I purchased (dsp.ws) back around a little less then 1 month ago. I was low on funds to invest but being that it was priced at $.039 a share I took the last $22.00 in my account and bought 572 shares.

I’m no guru of the market and I share no strong financial or economical degree’s or education of any sort but have read many Electronic articles and some stock purchasing guidelines reports.

Friday I wake up to see my $22.00 investment brought me in a $200.00 gain. Now most folks who play the markets daily that seems like just a small drop in the bucket but to me that was a tremendous 400% gain and I quickly sold at $.28 a share and after fee’s I walked away $170.00 ahead. like I said it doesn’t encourage one to go right out and buy,buy,buy but that same scenario done over and over begins to added up really quick and the next thing you know your $5,000.00 more in the bank then you were months ago when you lost your job.

I write a lot and my rants may not be a guide to winning or a guide to follow but I do feel I bring some fun to the game. Take a look at my site in the author box and give me your valid opinion.

date17 Jan

Leave a Reply: