Understanding To Find The Proper Penny Stock Listing

By Francois Guerrero


Even with all the advanced technology, reports gathering and digital tickers available to stockholders, there's still something worth saying for playing a gut hunch now and then. If a stock, or a business just doesn't seem right, you can not actually be held accountable for passing on it. The old chestnut goes that your first impression is frequently the best one, but sometimes, some penny stock listings do demand a second look. Here are 1 or 2 penny stocks that experts feel will be making giant progress in the approaching months.

Our first penny stock listing comes out of a company known as HealthAxis ( HAXS : Naz ). This up and comer is intending to become a big player in the health care industry and with the chance of a sort of central authority run medical care system being implemented over the approaching years, an organization like HealthAxis, a supplier of medical care executive and billing tools, is certain to profit. With a current share price below forty cents , this is one company that demands a second or maybe a 3rd look if you have passed them over lately.

Not every penny stock out there's a business the general public haven't heard of. Case and point, Sirius XM Radio has a share price below forty cents , so by the general definition of a penny stock listing, this company is suitable. The issue is, naturally, is making an investment in this company productive? More indications are pointing to yes. As the technology that makes satellite radio possible comes down in price, more people will surely desert the static and interruptions of earthly radio for the wonderfully clear sorcery of Sirius or XM. This stock is at or near bottom out levels, so don't wait too much longer to snap up shares of this shortly to be forceful radio power.

Most financiers are taking a keep waiting and see approach when referring to banks and investment firms that slumped in the fresh industrial crisis. One such bank, Wachovia, has a current share cost of only 5 greenbacks and change, which makes it an especially curious penny stock listing to several folk. Now that Wachovia is under the control over Citi, many financiers are slowly lurking back to this once proud mega-bank in hops the typhoon clouds are parting. Typical knowledge asserts the tempest isn't quite over yet, but that brighter things may be on the horizon.

Fantastic penny stocks do not need to be found only inside the US. There are lots of expanding Canadian penny stocks that might also be worth taking a look at. One such company is Licensed Environmental Group ( CENV PINKSHEETS ). This environmental group recently revealed a major contract to provide water purification services to many First States clans all over the easterly coast of Canada. With a nearly invisible share price of only eight tenths of one cent, it'd be tough to discover a cheaper investment option.




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