Penny stocks are a great way to make a very quick and immediate profit in the stock market. These are stocks that are bought for literally pennies per share and the slightest trading influence can cause any of these stocks to skyrocket.
If you don’t have the time or experience to devote to the analytical process of finding these cheap stocks, you should use a penny stock picking program like Penny Stock Prophet to do the analytical work for you and quadruple your investments in a very short term.
If a current stock exhibits similar behavior at the beginning of a well-performing past stock pick afterwards, the vast majority of the time that current stock pick will behave exactly the same as the past one as penny stock selection.
This is exactly why major trading houses look at the entire market and use analytical programs to do this job to anticipate market behavior in real time. This is also precisely what this program does to determine which stocks are poised to act and perform best in the short term so that you can invest accordingly.
One of the first picks I received from this program was initially valued at $0.12 per share. I had already received a handful of performing picks, so my confidence was high and I bought a few thousand shares for only a few hundred dollars of this penny stock pick.
I resumed with this stock just two hours later and it had risen to $0.21. By the end of that trading day, the penny stock pick had climbed to $0.37. I love watching these stocks climb before my eyes during the day. It’s great when you’re at work to see your extra investment income soar before your eyes. At the end of the next trading day, it continued to move and stabilized at just over $0.50. In the end, I made a profit of over $1000 on an initial investment of $300.