Showing posts with label trust somebodys. Show all posts
Showing posts with label trust somebodys. Show all posts

Friday, June 11, 2010

Penny Stocks on the Rise - How to Find Winners and Eliminate the Losers

By Michael Pergrem

Everyone wants to know which penny stocks are on the rise. Well, you can do two things. You can trust somebody's advice on which stock will be a winner, or you can do one thing that 90% of investors skip and find out for yourself.

When you trust other people, they can be wrong. This means you are throwing money to chance when investing bases on someone else's word.

We want to reduce the risk as much as possible.
Reduce Risk with one Tool That Others Forget

The key to know yourself if a stock has a good chance of making you money or causing you to go broke is research. Research scare many people because they think it is impossible to do unless you have tons of knowledge and years of experience.

That cannot be father from the truth! Research is not very hard and anybody can do it!

Here are the Three Things You Must Research

- Who is the CEO of the company? Have they worked for any other companies? If so, how good did they do?

- What are the long term and short term goals of the company?

- How is the overall industry that the company is involved in doing? Is it on an upward turn.

If all of these factors are favorable, then you know for a fact that the company you are looking at has a great chance to go up in price. So before you simply trust your money in the word of another person, take a little time to make sure your stock will be a winner yourself!

If you find research to be a little confusing, you can find some awesome tools and resources here:   Stock Research Tools

What a Difference it Can Make
Click Here For Penny Stock Prophet!

Just taking a little time can make a huge difference in your investing success! So start researching and I know you will be very please with your portfolio in the coming months! http://www.pennystocksmadeeasy.com

Article Source: http://EzineArticles.com