Today’s guest post was submitted by Dr. Steve Sjuggeurd, founding editor of Daily Wealth. Dr. Sjuggeurd shares two tips he feels will help you wrestle the markets and come out on top. Feel free to share, comment and enjoy.
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My friend Elwood is as smart as anyone, anywhere.
I met Elwood when I moved to the Northeast Florida coast a decade ago. Elwood broke the hillbilly stereotype. I learned a Southern accent doesn’t mean you’re uneducated (just like a New York accent doesn’t necessarily mean you’re pushy and abrasive).
When Elwood talks, I listen. Elwood stopped by my office the other day. It turns out, he just had his first “ten-bagger”… a stock he owned that went up tenfold. I asked him to tell me the story. [Read more...]
First, let us define what a penny stock is. While there is no real definition that is commonly agreed upon, how investors behave with certain stocks give us clues. Most stocks trading at below $5.00 are treated as Penny Stocks. This, even though being the mist defining of the criteria, is not all there is to look at. There are three major guidelines to follow to see if you are looking at a Penny Stock.
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Dan Gramza & Daily Market Studies
Gramza is a respected educator and analyst, and is an instructor for the Chicago Mercantile Exchange Education Center, the Chicago Mercantile Exchange DePaul University, The Chicago Board of Trade and the Chicago Stock Exchange.
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