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Clone Your Turkey? 3d Printers
Buying and Selling 3D Penny Stock Trading? Where you may ask....
Don't yank my chain - seriously now? Investing - hmmm, can it... a rewarding and risky stance mainly because of the price ups and downs in any giving day can be quite dramatic? Also many penny stocks have limited filing information and a current reporting status to Edgar database. This does not mean that ALL penny stocks should be stayed away from, with some know how, traders who wish to enter this realm can get quite lucky and rewarded in finding a true gem. You would be surprised to learn how many companies started out, publicly trading as a penny stock, Microsoft is just one to name a few. Trading any stocks especially penny stocks is not for the faint of heart, it takes due diligence of not just what companies to look into but WHEN do you pull the trigger to purchase as the basic somewhat unwritten rule of "buy low sell" approach on the surface is, well, "of course, that's what I'll do", but the trouble is timing and more so, patience and not panicking as panicking is probably the number one profit death kill Dogma there is. If you truly believe ...
... in a company and what they are trying to accomplish, best approach may be to buy and hold, leave it alone, don't micro-manage it. (Mr. Buffet's philosophy as well). So, with buying low and selling high, you need to understand that this means you must OWN the stock first so that it translates into selling your shares when everyone else is buying. Why and how is this accomplished? It means you found a stock and became a minority buyer, you believed in the company when the majority did not or they just didn't know it existed until it registered on the radar with abnormal trading volume. Not a Mount Everest journey type, but surely difficult to do, especially in today's looney tooney market. Plus it means you are taking a 180 degree approach: You purchased the stock when the majority did not so you must have liked something in it and now you MUST sell the stock when you were proud of your find, and thus you made it your treasured baby, you bought that stock at fifty cents a share and now it's a buck per share and you say to yourself; "I just know it will be $1.50 tomorrow" only to find out that it's now at .75. Rule of thought: Don't fall in love with any stock, if you see a profit; take it, especially pertaining to the waving swings, up and down momentum of penny stocks whether 3D or anything else.
Article Reference: 3D Penny Stock - Puget Technology, Ticker is PUGE
Momentum Plays and Day Trading 3D Penny Stocks: There are droves online penny stock newsletters providing awareness alerts of thinly traded companies. Majority of the time it is a compensated advertisement and as such, this should be mentioned and fully disclosed in the disclaimer section of body of the article or email. Many day traders will subscribe to these newsletters and try and play trade the; 3D Penny Stock Alert, for a day or two, or even for 5-10 minutes, get in, get out. It's not for everyone; nerves of steel are needed at times. Ironically with this type of mentality, investors may also forget about some tried and true principles that make people money in a bull or bear market. Seems that distorted thinking traders will buy high, trying to play the catch-up to the momentum game so they can sell even higher. Many investors will simply spot a chart of the daily trading volume and jump in head first without any plan whatsoever. They are purchasing stocks in the hope of reading recent news events, corporate developments, and act on the mindset that the basic underlying fundamentals warrant owning a stock with disregard of two the most important parts of the buying equation: Price Per Share. Price Per Earnings.
See here on how to subscribe to MegaPennyPicks.com - Join Free directly from this article.
Learn more about Puget Technology and see our disclaimer here - more information or learn about 3D printing itself at Investing 3D Printing
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