The Better Investment Being Penny Stocks?
Thursday, November 19th, 2009 at
5:55 am
I’ve been doing a lot of investing lately and have purchase ZVTK, PCAI, and AERP, Does anyone have any suggestions as to which companies that are really cheap penny stocks will be or are expected to do really well this year?
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Tagged with: Being • Better • Investment • Penny • Stocks
Filed under: Penny Stocks
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Although there are technically no penny stocks that are “expected” to do well because of their high risk/reward ratio (beta coefficient), one really cheap penny stocks that I am invested in is WWAG.
WWAG is an auctioneer of heavy-duty construction equipment and I believe this industry will thrive in the Great Recession. There are a substantial number of real estate developers and construction companies going out of business that seek to liquidate their used construction equipment. With few alternatives available and a desire to liquidate the equipment fast many of these companies choose to sell their construction equipment at auction.
There are very few construction equipment auctioneers in the global marketplace, and Ritchie Bros. (RBA) is regarded as the industry leader. There are other public companies in the auctioneer business including Titan Machinery (TITN) and Copart (CPRT).
However, the only penny stock of the peer group is WWAG Group (WWAG). The company is profitable, recently announced an expansion into the United States, and is relatively undiscovered by Wall Street.
This stock is just one of many penny stocks that I blog about daily @ http://www. CollegeStock. com. The purpose of the website is to educate investors about penny stocks and to learn about using penny stocks as one form of investing.
You have a better chance of making it at a casino. . . . .
Hi,
You might want to check out the services offered by new tool called the day trading robot. They give you 8 free weeks of stock picks from their advanced software. They basically tell you when to buy and when you should sell.
I think these stocks are worthless trash. Some don’t even have Financial highlights.
Siri, Citi, AIG. and Ford