Penny Stock News: Global Telecom & Technology Announces First Quarter Earnings Call

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MCLEAN, Va. — Global Telecom Technology, Inc. (“GTT”), (OTCBB: GTLT), a global telecommunications carrier and leading network integrator serving the data communications needs of large enterprises, government and carrier clients, announced today its plans to release results for the three months ended March 31, 2011 on Wednesday, May 11, 2011 after the market closes. In conjunction with the release, GTT has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, May 12, 2011 at 10:00 A.M. Eastern Time.

What: GTT’s First Quarter 2011 Financial Results Conference Call
When: Thursday, May 12, 2011 at 10:00 A.M. Eastern Time
Where: Via phone by dialing +1.888.510.1762 or +1.719.457.2625, entering passcode 1632305 and asking for the GTT call or via webcast at www.gt-t.net.

Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.

The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.

 

Article source: http://www.sunherald.com/2011/04/28/3065673/global-telecom-technology-announces.html

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