Feb
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penny stock tips – Latest penny stock tips news – GrowthStockPick.com Reports USOG Closes Deal
Filed Under Penny Stocks
If you’ve been keeping up with my blog posts lately you’ll know I’ve come to adding a few news posts from around the web on this subject. I’ve got a couple more today that are new and updated, so let me know what you think of em…
GrowthStockPick.com Reports USOG Closes Deal
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USOG subsidiary posts 22% increase in Sales.
Sign up today and stay informed allow StockSource.us to provide you with the latest research reports on hot penny stocks and Stock Tips. … Read More…
LiquidStockReport.com Reports GELV Is Primed For Tremendous Growth In 2010
Sign up today and stay informed allow LiquidStockReport.com to provide you with the latest research reports on hot penny stocks and Stock Tips. … Read More…
That’s all the news for today guys, so until next time, thanks for stopping by.
Due diligence, what is it? According to a definition on investorwords.com due diligence is the process of investigation, performed by investors, into the details of a potential investment, such as an examination of operations and management and the verification of material facts.
Sounds easy enough right? Then why don’t more of us actually employ due diligence prior to investing our hard earned money (or for the lucky ones, pocket change) into stocks. I mean, it must be a rather large issue if the BC Securities Commission is launching a whole public awareness campaign based on fraud and how to help investors avoid getting scammed, to read the press release click here http://www.bcsc.bc.ca/release.aspx?id=4398.
Investing on emotions….
It is so easy to get caught up in the hype, you see a stock rising and think, I must get in that and before you know it, you are along for the ride. What we seem to forget is that, what goes up, must (almost always) come down. The ride isn’t all that fun when you ride it both up and then right back down to where you bought it from. The important thing to remember is to try and find the reason behind the spike in price. Investing in a company simply because you like the name of it or the stock symbol reminds you of something special, isn’t really investing for the right reasons.
Now, how to execute that fancy due diligence stuff? Well, it really doesn’t take too much time out of your busy day and should make you feel better about your investments or maybe even scare you off from investing all together. Some easy steps to take to decide whether a company is worthy of your dollars may include:
Website – see if the company has a website and visit it. Do you like what you see, does it make you want to rush to your brokerage account and purchase shares or do you shudder at how ugly and outdated it is? Is it easy to navigate and find the information you are seeking? Is the contact information easy to find and accurate? Does it contain any information on the company’s management? In this day and age, not having a website may raise a red flag as this is the easiest way for any organization to communicate with its shareholders, both current and potential ones.
Contact the company – what does it hurt to drop them an email or if they have a toll free number, pick up the phone and give them a call. Does a human ever answer your call? Or do you just float around in the computer que wondering if anyone actually works there? Talking to the president of a company (or, more likely, somebody in investor relations) should give you a better idea of what the company is all about, what direction they are headed in and so on. One thing to keep in mind when communicating with a company though is beware of empty sales pitches and grand things coming out of someone’s mouth that may never come to fruition. Go with your gut feeling here, if something is saying this sounds too good to be true, odds are, it probably is.
Research the company – if there isn’t any information on the company’s financial statements or news releases on their website, visit Sedar to obtain this information. Take a look at the company’s most recent financial statements and those for even the last year perhaps and read their news releases. Doing this research should give you some sort of idea of where the company stands financially, any future plans they may have that will benefit (or hurt) the organization, what they’ve done over the past year or more, etc. Do you feel there is any potential or is the company headed down a road you don’t want to journey down?
Word of mouth – do you know of anyone who currently holds shares, or who has held shares in the company? Talking to them doesn’t hurt, but don’t forget to do your own research, don’t invest simply based on what someone else has to say, it’s very easy to get caught up in someone else’s enthusiasm, so it’s always good to take some time to do your own research.
Forums – there are a multitude of investor related forums/discussion boards on the Internet. Visiting these and asking questions of other forum members may be helpful to you, just remember the old adage, don’t believe everything you hear and only half of what you read.
Watch and learn – maybe track the stock for a while prior to investing, see if you notice any trends that you could capitalize on and how news tends to affect/not affect the stock price.
These are a few of the techniques that fall under the umbrella of due diligence, in my world anyways. Everyone has their own tactics they employ for investigating a potential investment opportunity. The important thing is to actually employ them, if you don’t you may be left holding the bag…the empty bag.
One must always remember there are no guarantees when it comes to investing in the stock market, no sure winners all the time, risk is there and always will be. Perhaps if you do your own due diligence, you will be able to avoid some of the losers, heck, you may even make some money on your investments and you can take all the credit.
*Any information contained in this article should not be construed as investment advice, simply the thoughts and opinions of the author.*
About The Author
Branden Moskwa is a founding partner of http://www.tradeopolis.com, your stock market trading and stock investing resource, with free access to articles on stock market trading and stock investing; penny stocks to mutual fund investing, tips and secrets and all the latest hot press releases.
Canadian Penny Stock-penny Stock Investment In Canada
Penny Stock Screener- The Need for Stock Screener
Penny stock screeners are a phenomenon of today’s internet technology. However, not all such internet phenomenons are useful or even suggested. Penny share screeners can save stock investors in Canada ample of time enabling them to decide on the best stock investment to be made. If investors performs manual research of Canadian penny stock companies, then it would take them forever to compile a penny stock list and when finally it is time to invest, that list would have gone obsolete.
Stock screeners are one of the simpliest yet powerful tools for analyzing penny stocks in Canada, which the internet has come up with. Canadian share screeners can be used free of charge. However, there are expensive ones available upon subscription, but the basic screening program can be downloaded free and are adequate enough to analyze penny shares. If any investors want to focus on a specific area for stock investment in Canada, or target on specific penny stock company then they should opt for the higher version of equity screener. It may take time to work your way around the higher stock screening software therefore, it is advisable to start with the free online screener for learning purpose.
Small cap stock screeners are vital to investor’s portfolio because they can help avoid picking Canadian stocks that are good today but bad the next day. Besides this, stock traders can choose stocks in Canada based on their interest and not on external influence. Stock tips are often received from those who tend to make profit by it and are this tip is not often given freely. A stock screener can help you to shun self-interested suggestions.
Stock Screener-Penny Stock Screener
Today, penny stock trading in Canada is getting far more attention from stock investors. Once it was shunned by the stock market community in Canada, but many have now learnt the true value of trading penny share. Like other equities in Canada, choosing the right penny stock in the Canadian OTC market is pretty much difficult than picking the expensive stocks in Canada. This is happens due to the lack of proper penny stock education and proficiency in this type of trade. However, wit
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h changed interest about penny share, new online sites are implementing to use tools of the trade and are applying them just like any equity investors would for regular stocks in Canada.
The small cap share screener generates a list of penny stocks and small cap stocks in Canada similar to those programs that creates a share list for the expensive stocks in the Canadian stock exchange. Like any stocks, micro cap stocks are subjected to trends and hence these programs screens micro cap shares to help small stock investors in Canada in the penny share market.Programs that allow a Canadian penny stock picker to recognize where a company in Canada stands on the current pattern are available helping investors to choose cheap Canadian stocks easily. Reducing time on stock research allows penny stock investors in Canada to apply one of the same methods used by buyers of more expensive Canadian shares.
The use of equity screener further helps the share traders, by not allowing them to miss an opportunity because they did not have enough time to conduct a thorough stock research on a given equity in Canada or otherwise risk money on a Canadian equity that they know nothing about. The list of cheap stocks that is genrated by these types of programs helps stock investors in Canada in expanding their stock investment portfolio to include OTC stocks in Canada which are considered to be of good investment in Canadian penny share market
By: Danny Deadlock
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MicroCap is published online and by email throughout the week with a focus on undiscovered & high growth
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