EGPI Firecreek Inc (EFIR)

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Why does EFIR has potential?

The lure and potential of these stocks lies back with the basic stock market rule mentioned above. If the lowest share fraction tradable by a retail investor is .0001, then that is also the smallest price increase that a .0001 stock can have. So if you buy the stock at .0001, and the price goes up just one tick to .0002, you’ve just doubled your money! This is the potential, the leverage, behind these trip-zero penny stocks. Of course, as the price gets closer to .0009 that leverage decreases exponentially. However, it still offers incredible percentages in gains. Also, if a trip-zero stock starts running from .0008, for example, it may go on to hit .0019 or more, just as easily as a .0002 stock would go to .0004. Now, Imagine if you were able to catch a real runner, grabbed shares at .0001 and were able to sell them at .0010. That’s a 900% profit, or a “10-Bagger”. Every so often it happens, and that is the golden lure behind these stocks.