How Penny Stocks like $ENIP Are Creating Millionaires Every Day
How many times have you wished you could have invested in some of today's biggest stocks back when they were available for pennies on the dollar?
The majority of Americans today find it almost impossible to invest in stock in their favorite companies because they simply cost too much money. This has left small and first-time investors looking for fresh new investments that have the potential to reap huge rewards very quickly. And that's exactly where penny stocks come in -- offering you the opportunity to get in on the ground floor.
How It Works
When many exciting new companies go public, they often make shares available to average Americans for less than a dollar. These shares are called "penny stocks". These have recently become very popular because small investors can easily afford to buy them. They are regulated by the SEC and other US authorities and are traded on the "over-the-counter" markets as opposed to the New York Stock Exchange.
There are extremely good reasons to consider investing in penny stocks, but here are the 3 most important:
1. They Don't Cost a Lot of Money
For the same price as one share in a company like Apple or Google, you have the power to buy thousands of shares. For example, if a technology company is selling shares at 10 cents and you make $500 investment, you can own 5,000 shares. If the stock rises to just $1.00, your investment will turn into $5,000.
2. Massive Returns in Days, Sometimes Even Hours
Providing you are subscribed to the right newsletter, you can potentially uncover penny stocks that are just about to explode. It's not uncommon for penny stocks to double and even triple over 24 hours, while most stocks on the NYSE take years to mature.
3. Easy to Buy
Penny stocks are traded in the same way as major stocks. All you need is to establish an online trading account like E*TRADE to buy them, or you can use a traditional broker to place your trades.