Day: September 25, 2011

Three Penny Stock Myths

MYTH NO 1: STOCKS TRADING BELOW BOOK VALUE ARE CHEAP Book value (BV) is the actual worth of a stock as in a company’s books/balance sheet, or the cost of an asset minus accumulated depreciation. BV depends more on historical cost and depreciation and often has little correlation to the current share price. Shares of industries that are capital intensive trade at lower price/book ratios, as they generate lower earnings. On the other hand, those business models that have more human capital will fetch higher earnings and will turade at higher price/book ratios. “Price/book (ratio) of below 1 may be

A Penny Stock Guide

Learn Penny Stocks The Learn Penny Stocks area of PSC is a collection of all of our articles that will help you get started trading otc and otcbb stocks. In these articles we outline everything from daily top performers to the psychology of trading. These tips and resources are aimed to help even the most beginner of traders to learn the ins and outs of penny stocks. Below you will find a list of all of our articles and a little blurb on what to expect from each article. Be sure to check back on this space often as we

Penny Stocks – What is the Potential

Trading Penny Stocks – High Risk Equals Big Profits Trading Penny Stocks – High Risk Equals Big Profits The definition of a penny stock is any stock that is trading under the price of $5.00 per share. These stocks are high risk to trade and usually move based on speculation. However, if you can find the right ones to trade they can be very profitable. The best penny stocks to trade are the OTCBB (Over the Counter Big Board) and the Pinksheet stocks. This is because stocks that trade in the major markets (NYSE, NASDAQ, etc.) are most likely stocks

Choosing Penny Stocks – Penny Stock Tips

Buying penny stocks If you’re taking care of upping your monthly income, after that you can consider fair investments in small cap stocks. Buying penny stocks is pretty easy and can help an individual gain the additional amounts which wishes to earn without falling in to trouble. For people who don’t know just what a penny stock is, it’s the procedure for stock trading which are often priced in lower denominations. It is comparable to those of stock markets but the quantity which will be active in the trading is pretty less. This is extremely ideal for many upcoming businesses

All About Penny Stock Investing

Investing in the Hot Penny Stock Market Is purchasing the penny stock market reliable? The stock exchange is among the most significant sources for businesses to boost money. The dynamics of economic activity is in the buying price of shares along with other assets. It allows companies to publicly trade or raise additional financial capital by trying to sell its shares in a public market. There’s also a stock that trades at a comparatively low cost under $5, but is effective at huge profits and is known as penny stock market. It’s also referred to as small cap stocks or

Canadian Stocks

StockGuru Shines its Spotlight on Manas Petroleum Corp. (TSX-V: MNP; OTCBB: MNAP) Upon Announcement of Results of Annual and Special Meeting of Stockholders — September 26, 2011

(Dallas, TX. – September 26, 2011) StockGuru Shines its Spotlight on Manas Petroleum Corp. (TSX-V: MNP; OTCBB: MNAP).  The Company announced Friday the results of its Annual and Special Meeting of Stockholders held September 22, 2011, which was attended, in person or by proxy, by shareholders holding 75,821,050 shares, or approximately 44% of the shares entitled to vote at the meeting.  The Company closed on Friday, September 23, 2011, at $0.205, trading in a fifty-two week range of $0.70 – 0.20. At the meeting, Heinz J. Scholz, Michael J. Velletta, Dr. Richard Schenz and Dr. Werner Ladwein were elected to

Canadian Stocks

StockGuru Shines its Spotlight on NioGold Mining Corporation (TSX-V: NOX) Filing of Form 15 to End Reporting Obligations Under the United States Securities Exchange Act of 1934 — September 26, 2011

(Dallas, TX. – September 26, 2011) StockGuru Shines its Spotlight on NioGold Mining Corporation (TSX-V: NOX) (the “Company”) announced Friday that it has filed a Form 15 with the United States Securities and Exchange Commission (the “SEC”) with the intention of voluntarily ending its reporting obligations under Section 13(a) and Section 15(d) of the United States Securities Exchange Act of 1934, as amended (the “Exchange Act”).  The Company closed on September 23, 2011, at $.310, trading on volume of 1.7 million shares. The Company expects that the ending of its duty to file reports will become effective 90 days after

Canadian Stocks

StockGuru Shines its Spotlight on Coastal Contacts Inc. (TSX-V: COA) (Stockholm: COA) Upon Receipt of Award for Most Daring Media or Web Presence — September 26, 2011

(Dallas, TX. – September 26, 2011) StockGuru Shines its Spotlight on Coastal Contacts Inc. (TSX-V: COA) (Stockholm: COA) the world’s largest online retailer of eyeglasses and contact lenses.  The Company announced Friday that it has received the Vision Monday® Lead, Follow or Get Out of the Way Award for the most Daring Social Media or Web Presence. This award is part of Vision Monday’s 1stAnnual Dispensing and Retail Excellence (D.A.R.E.) Awards.  Coastal Contacts Inc. closed Friday, September 23, 2011, at $2.75, trading on volume of roughly 60,000 shares. Based in New York, Vision Monday® is the Ophthalmic Industry’s Leading Source

Canadian Stocks

StockGuru Shines its Spotlight on Pan American Lithium Corp. (TSX-V:PL) (OTCBB:PALTF) (OTCQB:PALTF) Upon Announcement of Amendment of Articles to Authorize Preferred Shares — September 26, 2011

(Dallas, TX. – September 26, 2011) StockGuru Shines its Spotlight on Pan American Lithium Corp. (TSX-V: PL) (OTCBB: PALTF) (OTCQB: PALTF)  a lithium exploration company with 11 lithium/potash brine projects in Chile.  The Company announced Friday that it has filed a Notice of Alteration with the British Columbia Registrar of Companies to amend its Articles to authorize a class of preferred shares without par value. Following the amendment, the Company is authorized to issue an unlimited number of common shares without par value and an unlimited number of preferred shares without par value. The preferred shares may be issued in

StockGuru Shines its Spotlight on SCIO Diamond Technology Corporation (OTCBB: SCIO) Upon the Appointment of a New CEO — September 26, 2011

(Dallas, TX. – September 26, 2011) StockGuru Shines its Spotlight on SCIO DIAMOND TECHNOLOGY CORPORATION (OTCBB: SCIO) as the Company reported on Friday that it has appointed Joseph D. Lancia as the new CEO of Scio Diamond Technology Corporation.  The Company closed up nineteen percent on September 23, 2011, at $2.50, trading on roughly six time its average three month volume. Mr. Lancia brings over twenty years of executive leadership experience in high-growth, technology companies. Most recently he served for nine years as president and CEO of D&W Fine Pack, a manufacturer of disposable packaging products for the food industry

Gold Stocks

StockGuru Shines its Spotlight on Viking Minerals, Inc. (OTCBB:VKML) Upon Update of Its Dolly Varden Copper Gold Property, Elko County Nevada — September 26, 2011

(Dallas, TX. – September 26, 2011) StockGuru Shines its Spotlight on VIKING MINERALS INC (OTCBB: VKML) Viking Management and Technical team has completed a comprehensive review of data collected from its Dolly Varden Gold and Copper property in Elko County Nevada. The Company announced on Friday that early results warrant aggressive exploration and investment.  The Company closed on September 23, 2011, at $0.0525, trading in a fifty-two week range of $0.30 – 0.015. Company President Charles Irizarry commented “Although the general market for Gold and Copper has taken a short term hit in commodity prices the long term outlook remains