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Buying Penny Stocks
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Buying penny stocks for investing requires discipline. Prices of penny stocks are often volatile. To make money, the investor needs to be able to make quick and sound decisions. This means thoroughly researching the penny stocks and deciding on entry and exit points. By finding the right penny stock to buy, the returns generated can be substantial. Many of these companies are in their early stages of building their businesses with the goal of becoming much bigger.
Buying penny stocks is purchasing a stock under $5. Most penny stocks tend to trade between $0.05 to $0.25. To find a promising penny stock, look for companies that have a unique product, increasing sales and management intent on building their company into a major competitor.
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Top
Story |
| Betandwin,
European `Small-Cap' Stocks May Snap Rally on Growth |
| The 2 1/2-year rally in European small- cap stocks
may end on concern the shares of companies with
a market value of less than $1.5 billion have become
too expensive. "I'm not convinced there's
still money to be made on small- cap stocks,''
said Marc Boukhobza, a fund manager at Gerer Conseil
in Paris, which has $3.9 billion in assets. "We're
forgetting that small caps come with risks."...read
more |
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| Market News |
GE to invest $690 mln in Hyundai Card
SEOUL (Reuters) - The financing unit of General Electric Co. is buying a stake in Hyundai Motor Co.'s credit card arm in a $690 million deal, gaining a foothold in South Korea's consumer finance market, a source close to the deal said on Monday. |
Inox leisure to invest Rs 100 cr
Inox Leisure, a diversification venture of the Inox Group and a 100 per cent subsidiary of Gujarat Flurochemicals, plans to invest Rs 100 crore in phase II of its investments. |
Cargill to Invest in Biodiesel Plant In Germany
US-based Cargill said on Friday it planned to invest in a new 200,000 tonnes biodiesel plant in Mainz in Germany to complement its existing oilseed crushing and refining operations in the region. |
JPMorgan Invest deploys 1st's Advisor Office software
JPMorgan INVEST, a new company recently launched by JPMorgan Asset Management, is designed to provide financial education in the workplace to help individuals to understand how to plan their financial future in a far more effective way. |
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| Small Cap
News |
Small-caps won't quit
Large-capitalization U.S. stocks were supposed to have grabbed the leadership baton from their small-cap rivals by now. At least, that's what most market pundits predicted at the start of the year. |
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Small-Cap Stocks May Continue to Dominate
Take, for example, Hansen Natural Corp., the small but rapidly expanding California-based maker of popular drinks such as Monster Energy, Hansen's, Blue Sky and Junior Juice.
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Small-cap stocks still exceeding expectations
Wall Street has been predicting a decline in small-cap stocks for the better part of two years, but their cycle of outperformance continues to surprise investors, particularly after the Russell 2000 index reached a new high recently. |
Sensex down by 96 points at noon
The benchmark Sensex took the biggest intra-day dip on the Bombay Stock Exchange on Monday on profit selling in index heavy shares led by software companies and touched lower by 96 points at 7658.02 at noon. |
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| E-Trade buying Harrisdirect for $700M |
NEW YORK (MarketWatch) -- E-Trade Financial Corp. shares rallied Monday after the company said it would buy brokerage Harrisdirect from BMO Financial Group for $700 million cash.
The move marks the latest in a consolidation among brokerage firms that saw Ameritrade set plans to buy TD Waterhouse in June.
"E-Trade is reacting to [its] failed bid for Ameritrade by acquiring an alternative target," Fox-Pitt Kelton analyst David Trone said in a note to clients Monday.
Trone said mergers in the industry may
not be over, and suggested that Ameritrade may one
day attempt to take over E-Trade.
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