Posts belonging to Category Penny Stocks



CYNK Latest Wall Street Trap?

 

Cynk is a social network company that has no revenue, no assets, and no profits. Until last week, it was the hottest stock on Wall Street, according to a Business Insider report by Hunter Walker and Julia La Roche (July 14, 2014).  Its stock rose to $21 per share on July 10th, which gave the […]

Alternative Investments – Are They All They Are Cracked Up To Be?

 

Rising interest rates may be death to traditional bonds and bond funds, but a number of alternative investment strategies allegedly designed to protect principal in a rising interest rate environment are springing up to take their place.  It remains to be seen whether they will provide ballast when bond prices fall. For decades, bond investors […]

Penny Stocks are a Sucker’s Bet

 

Investors beware ? penny stock hucksters are preying on investors again. Jonathan Hoenig, managing member of Capitalistpig Hedge Fund warns “Penny Stocks Aren’t Worth a Dime” (SmartMoney.com, Feb. 6, 2012). Most of the stocks that make the yearly new-low list are penny stocks (less than $5 a share), and many institutional investors will not buy […]