Penny Stocks, Stock Picks

Penny Stock pick advice from the owner of TheHotPennyStocks.com.

Thursday, December 07, 2006

APPI

APPI looks like a nice stock pick. Look for this one to have a juicy run, very soon. This penny stock has got some fire under it.

Wednesday, December 06, 2006

Penny Stocks : Investing Notes

To invest in penny stocks one must learn the penny stock market. You should also have a good education of how the otc stock market works. So, for today, let's look at Level II Quotes...

OTC Level II

Level II Quotes are the pulse of the otc penny stock market. They will let you the penny trader see how a certain penny stock is being traded. There are usually 3 sections to the Level II screen.
  1. Current Bids
  2. Current Asks
  3. Time & Shares

Current Bids

Current Bids are the share prices at which penny stock traders and penny market makers are willing to purchase this penny stock for. This can be compared to going to a store and then telling the clerk that you'd like a certain item, for which they are asking $5.00 for, for only $4.50. You should note that takes a bit longer to buy a penny stock at the bid, but you'll be able to acquire the penny stock at a cheaper price.

Current Asks

Asks are the prices at which current shareholders are willing to sell their shares for. So, to go back to the store & clerk example. The asking price is $5.00. So, the clerk has put his shares for sale at $5.00 each.

Time & Shares

Time and Shares will show you the trades that are currently being excuted for the penny stock you are watching. Like watching the checkout counter at our example store. You see each order going through and at which price it is executed at.

Well that's the end of our penny stocks trading lesson for today. Go Trade and Have Fun!

T