Penny Stocks: The Next American Gold Rush

Penny Stocks: The Next American Gold Rush by Holtzclaw, Dan. paperback edition. ISBN: 9780967475806.

This book contains everything necessary to gain a working knowledge of the penny stock market. The current status of the OTCBB penny stock market is described along with updates on new rules that are making penny stocks a safer investment. The author investigates and answers the 25 most frequently asked questions by penny stock investors and provides "10 golden rules" to follow when trading penny stocks. Investment strategies unique to penny stocks such as MOMO plays, pump & dumps, and gappers are explained. Other tried and true investment strategies such as long-term holds, swing trades, averaging down, and day-trading are also discussed. The phenomenon of subpenny stocks is revealed and explained in addition to a feature on the message boards that are so important to penny stock investors. A unique feature of this book is a section containing links to over 100 penny stock web sites. Additionally, a list of 350 potentially explosive penny stocks is provide! d for the reader to investigate. By reading this book, new investors will gain the knowledge and confidence to trade penny stocks profitably.