Penny Stocks

I recently purchased a "Penny Stock" which is a stock that is priced under $5 per share. Stock symbol is: NEOM

At the time I purchased the stock, it was priced at 0.006 and at that time for just over $1000 you could purchase 200,000 shares. Since that time a couple months ago, the stock has risen over 0.02 per share, a profit for me of almost 5-6,000 dollars. There is also rumors that because of this company's patent, every licensing deal they make, it could jump possible 0.10 a day. So if you have some extra cash invest now as you will make a lot more this way than through traditional savings accounts and CD's, which at the time, interest rates are so low, you'll have to have 200k just to make a decent amount of interest.

There are so many up and comming stocks that will rebound in the coming year that all fell during the market tumble. So if you do the right research and follow the trends of that company, your earnings could be endless.

Some stocks to watch that are on my watch list are: OPMG, SIRI, AIG, F and IDGI.

Here are some of the web sites that I do my research on:

allpennystocks.com
thehotpennystocks.com
hototc.com

I personally invest through E*trade which is a good and very easy site to use in my opinion but probably costs a little more to do a trade then some of its competitors.