Contents
Copyright 2011 by Peter Leeds. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
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Library of Congress Cataloging-in-Publication Data:
Leeds, Peter.
Invest in penny stocks : a guide to profitable trading / Peter Leeds.
p. cm.
Includes index.
ISBN 978-0-470-93218-6 (cloth); ISBN 978-1-118-01327-4 (ebk); ISBN 978-1-118-01328-1 (ebk); ISBN 978-1-118-01329-8 (ebk)
1. Penny stocks. 2. Investments. I. Title.
HG6041.L443 2011
332.6322--dc22
2010042168
For my wifea heroic woman whose patience and wisdom are without equal.
Preface
Most of the greatest stocks started small.
Peter Leeds
Imagine a company that was debt free, was extremely profitable, and owned an incredible new technology.
What if that investment was trading for pennies? You could invest a small amount, and walk away with a small fortune.
Would you be able to find that company? Thanks to Invest in Penny Stocks , now you will.
Let me take you on a journey into the world of high-flying penny stocks. Come with me as I walk through every aspect of these exciting investments, from the very beginning.
You will learn:
- How to find the highest quality penny stocks
- Which penny stocks to avoid
- How to trade risk-free
- The best buying prices
- When to take profits
Ill also introduce you to Leeds Analysis. This system allows you to find penny stocks that are about to jump up in price, and helps you get involved before the rest of the investment world.
Ive also included many of my favorite Trading Tactics, which could supercharge your investing results just as they have for me.
The appetite for penny stocks is higher than its ever been. Unfortunately, most people are buying the wrong shares and at the wrong prices. Ive written this book to help you invest in penny stocks the right way.
Have fun, and at any point feel free to get in touch with me directly. I cant wait to hear your success stories.
Best wishes,
Peter Leeds
The Penny Stock Professional
www.PeterLeeds.com
1.866.My.Leeds (1.866.695.3337)
Experience Level Rating System (EL)
Invest in Penny Stocks is meant to be a simplified, easy-to-understand book that explains a wide range of topics of varying complexity.
Given the various degrees of skill level of the readership, not all concepts need to be read by everyone. An experienced trader already knows the difference between market and limit orders, whereas that section will be very significant for new investors.
More experienced investors may want to skip some of the simpler sections if they already have an understanding of the topic.
Newer investors may want to leave the more complex sections for last, until theyve gotten a grasp of the less-advanced supporting ideas.
| Experience Level 1: There is no complexity or difficulty to these sections at all. |
| Experience Level 2: Even brand-new investors will have no trouble with these ideas. |
| Experience Level 3: These are very beneficial concepts that are not difficult to understand. |
| Experience Level 4: Even experienced traders will benefit from these sections. |
| Experience Level 5: These are the most complicated sections. |
CHAPTER 1
The Big Business of Penny Stocks
PENNY STOCKS ARE BIG BUSINESS
They may sound small, but penny stocks are big business. The phrase penny stocks is one of the most popular financial searches on the Internet. In fact, it gets more searches than terms like stock picks, stock quotes, New York Stock Exchange, or stock broker.
This translates into tens of millions of investors in America, and millions more worldwide, actively searching for information and guidance on penny stocks. Unfortunately, hidden motivations abound, and misinformation outweighs the amount of proper analysis. As the Penny Stock Professional, I am actively working to change this state of affairs.
My team and I help people avoid some of the common dangers, and find the best penny stock companies with the greatest upside. Youll find that it is quite simpleits extremely lucrative to get involved with the best 5 percent of penny stocks. These companies will have:
- Strong management teams
- Good upside potential
- Proven revenues
- Patented technologies
- Solid financial trends
Finding and investing in the best penny stocks is one of the most lucrative ways to make money on the stock market, or to make money at anything for that matter.