Profiting From Penny Stocks
Opportunity Abounds With Hot OTCBB Stocks
While many established firms have spent the past few years frantically paring back their operations, future players have been making their names as hot OTCBB stocks . Supposed Bulletin Board stocks are tiny companies that are just starting or are nearly finished. There aren’t any minimum requirements for listing a stock on the boards, while the low trading volumes of most hot OTCBB stocks means that there’s a fairly high trading commission. Naturally, there is an element of risk attached to making an investment in such firms, but the rewards can be great compared with the relatively tiny sums required to get started in these stocks.
Turn Your Change Jar Into a Collection of Hot OTCBB Stocks
Aptly named Florida Micro (FLMC) has been noiselessly building a portfolio of network solutions contracts with more than 25 executive entities. This guarantees a steady money flow while the company pursues growth prospects in other sectors of the IT services industry. FLMC has gone as low as a mere penny and as high as $5 in its 52-week trading range. With the price now steady about $0.70 and revenues of $36 million yearly, the stocks looks like it is ready to leg up into the higher ranks of hot OTCBB stocks 2012.
For a stock that's sure to achieve a new high in 2012, CBIS, Cannabis Science Inc, is the way to go. Currently trading at $0.02, Marijuana has fluctuated from $0.01 to $0.14. Volume is appropriately high and its share price equals its guessed revenues of $0.02 a share.
Sonora Resources Company (SURE) has been showing indicators of breakout with its increased daily trade volumes and upward trending cost. Its 52-week trading range is from $0.10 to $0.76 and currently stands around $0.44. Sonora is a mining operation with properties in northern Mexico. Many startup rare metals operation have been making the list of hot OTCBB stocks lately.
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