First, let us define what we mean by penny stocks to watch? While you will hear a variety of interpretations, in accordance with the SEC, Penny Stocks are any stock that trades for under $5.00. Most of these stocks don’t trade on the huge Panels, i.e. Nasdaq or the NYSE. One will usually find these stocks on the OTC (over the counter) or Pink Sheets which are occasionally referred to as one in the exact same. Some individuals automatically believe that Penny Stocks are any stock that trades for under a $1.00. Yet, that is false. Something is for sure. These stocks tend to be quite explosive and are usually considered to be highly risky.
Is it possible to become millionaire trading them is the question? The reply is yes! Now, will it occur over night? I believe we all understand the answer to that – most likely not. Surely, the playing field is level. Each one of us has an equal opportunity to make enormous sums of money by trading penny stocks. Nevertheless, we like to load the odds on our side. Therefore, we believe in using a two pronged strategy which contains two distinct software packages: 1 – 2 & penny stocks to watch – Vector Vest. Now, make no mistake, we consider that the Penny Stock Prophet is the best Penny Stock software trading system on the marketplace now. After all, the formula originated by two computer programmers at an Ivy League university that created this software that reads all penny stocks while looking for companies that are forming bullish trading patterns, i.e. their stocks are about to increase.