Red Hot Penny Stock: Not One to Bet Against
Newmarket's CEO, Philip Verges, is not one to bet against. Not only has he grown Newmarket into a multimillion-dollar enterprise in less than five years since completing his service requirement with the U.S. Army, but he's a firm believer in the future of his company. True belief from top management is not always there in the world of penny stocks. There are a lot of unscrupulous people trying to take advantage of unsuspecting investors. That's not the case with Newmarket.
Just look at the top Newmarket stockholders. Topping the list is Verges. In fact, he currently owns 63 million shares of Newmarket stock, or 38.3% of all outstanding stock -- by far and away the largest shareholder. With a massive holding like that, you can bet his interests are right in line with yours.
Red Hot Penny Stock: Action to take
Buy shares of Newmarket Technologies (NMKT:OTC BB) under 45 cents per share. This small Texas company has been making a killing helping major businesses around the world function. It has become a key partner to customers throughout high-growth regions including Latin America and China. Shares won't be hanging around under a dollar for too much longer.
Keep in mind that this is a penny stock: As such it is likely to move dramatically on inorganic volume and demand spikes.