Penny Stock News: InSite Vision to Report First Quarter 2011 Financial Results on May 12, 2011

Listed in Penny Stocks, Stock Picks, StockGuru.com, Day Trading, Best Stocks

Posted May 5, 2011

ALAMEDA, Calif.–(BUSINESS WIRE)– InSite Vision Incorporated (OTCBB:INSV) announced today that it will report financial results for the first quarter ended March 31, 2011 on Thursday, May 12, 2011.

Company management will host a conference call that day beginning at 4:30 p.m. ET/1:30 p.m. PT to discuss first quarter 2011 financial results and to review recent accomplishments and upcoming milestones. Investors will be invited to ask questions during the call, or they can submit questions prior to the conference call via the company’s website at www.insitevision.com through the “Information Request” tab on the Investor Relations page.

Analysts and investors can participate in the conference call by dialing 877-407-8035 for domestic callers and 201-689-8035 for international callers. A telephone replay will be available following the conclusion of the call by dialing 877-660-6853 for domestic callers and 201-678-7415 for international callers. All callers will need to enter the account number 286 and conference ID 372424.

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.fiercebiotech.com/press-releases/insite-vision-report-first-quarter-2011-financial-results-may-12-2011

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