Just as the name suggests, penny stocks are common price shares of small public companies which are traded at low prices per share. They are also known as nano-cap stocks, micro-cap stocks, OTC stocks, or small-cap stocks. What makes penny stocks different from other stocks is their exchange platforms. In the United States, the NASDAQ, the New York Stock Exchange (NYSE), and other notable stock exchanges are the exchange platforms in which regular stocks are exchanged. On the contrary, penny stocks are traded Over The Counter (OTC), and there is little or no information on these companies that represent the stocks on this exchange platform. Hence, it is difficult to determine the exchange. That being stated, how can you achieve success trading penny stocks? Here are the various tips on how you can profit from penny stock trading.
Trade Low Price Stocks
The penny stock market comprises stocks with diverse price range. However, as a newbie, it is advisable to begin on a small scale. Let’s consider an example:
A trader who is new to penny stock trading may have two shares that he may be brooding over to purchase. The first stock may be worth $12 and the other one $120. With the first stock, there is a lesser amount of risk involved in comparison to the second stock. Hence, you can hold a position and stay relaxed as the stock closes in profits.
Another example to consider: A trader who wants to invest in the stock market with a fixed amount of $1,500. If the trader spends in the $10 stock, he gets 150 shares, if he invests in the $50 stock, he gets 30 shares, likewise, if he invests in the $150 stock, he gets 10 shares. In a case scenario where the price of the stocks increases by $3, he will make a profit of $450 on the $10 stock, $90 on the $30 stock, and $30 on the $150 stock. This implies that the $10 stock has the tendency to triple in value than the $150 stock. However, the probability of the $10 stock falling in price is higher when compared to the $150 stock. Nevertheless, your risk and loss are minimized.
Conduct An Extensive Research
As discussed earlier, there are significant downsides to penny stocks, which includes zero transparency. Hence, it becomes tricky to watch out for undervalued stocks. It can be likened to one looking for a needle in a haystack. Most traders search for promising penny stocks they can trade with. That way, their source of income keeps flowing. Therefore, it is necessary that you make extensive research on the penny stock you want to trade. Part of what you need to look into may include the stock company’s background, inception, business sector, growth, and dominance in the market.
Bear in mind that you may need to go through 20 – 30 companies before you find that perfect opportunity. Do not let this lengthy search discourage you or get you distracted.
Analyse The Trading Volume Numbers
We will be looking into another example shortly. Let’s assume a trader, say Miss XYZ purchased 25 shares of a $10 stock sometime in the past. Presently, the price of the stock has increased to $25 per share. It is obvious that there are some profit being made from the stock, and then she sells all the shares, but alas, there is no one to buy her shares.
Another challenge faced in the penny stock market is that they are represented by companies with fewer reputations or those that have poorly performed in the market. This means that a majority of individuals will not be interested in risking their money by purchasing those stocks. In the real sense of it, the company shareholders would be the ones to promote the company’s stock.
Due to illiquidity, traders find it hard to make profits trading penny stocks even when the numbers indicate so. It becomes nightmarish when a large number of shares are involved. To prevent such from happening, it is essential that you analyse the trading volume numbers of the shares you intend to purchase. Your search should extend beyond a year. In a situation where the trading numbers are low, then it is advisable to avoid them.
Diversify Your Trade
One important thought traders have on their mind is the number of shares that should be bought and the number of sectors the shares should be invested in. There are various sources that will provide you with answers. Whatever the answer is, it is important to know that the risk/reward ratio is vital. So if you want to diversify, it would be best to do so in an investment field. The reason for this is that if you encounter a loss in one sector, other sectors can recoup your loss and even make extra trading profits for you.
Take Affordable and Calculated Risks
There is no investment without its risks. The same thing applies to penny stock trading. There is no guaranteed profit. Therefore, you should ensure that your investment is one you can afford to risk. Life-changing funds that affect your education, wedding plans, health treatment and others, should never be used to invest as a negative turn out can be disastrous. Try as much as possible to curb your losses to the barest minimum.
Tim Sykes Millionaire Challenge
The Millionaire Challenge is ideal for traders that want to greatly increase their learning curves and boost their trading careers. Only those who are dedicated are allowed to be members of this program. Also, one would need to go through an application and interview process. The features include in this program include:
- 6000+ video lessons
- Over 800 webinars from Tim and his team
- Live webinars (offered by Tim and his top students)
- Tim’s Alerts and TimChallenge Chatrooms
- 14 educational DVDs
This plethora of valuable content may be overwhelming to anyone new to the program. However, each of them is worth studying as it will expose you to how Tim understands and relate to the stock market. If you wish to know to get on this program and improve your trading techniques and strategy, please visit this link: Timothy Sykes millionaire challenge: Profiting with penny stocks
Asian Investors and the UK Business Visa
The UK has been an attractive market for Asian investors for many years. Property and businesses remain the most popular investments, with billions of pounds invested by the Asian market.
So, why is the UK a popular choice for Asian investors and what visa requirements do they need to be aware of?
Why the UK is a popular investment with Asian markets
Asian markets have only recently started to bump up their investment into the UK. Statistics show that from January to August in 2019, Chinese investors brought $8.3 billion into the UK. When you compare that to $6.1 billion investment brought in for the entire year in 2018, you get an idea of how quickly the market is growing.
One of the reasons investments are booming right now is because of Brexit. The weakening of the Great British Pound has been seen as attractive to Asian investors.
The property market here also attracts Korean and Singaporean investors. In 2018, £10 billion was spent on the UK property market by Asian investors.
There are a lot of benefits for Asian investors in the UK market, but there are also a lot of challenges. Visas remain the most challenging part of investing in the country.
Understanding visa requirements
In order to invest in the UK, a Tier 1 investor visa will be required. In order to be eligible for this visa, investors need to have at least £2 million to put into the economy. They also need to have a regulated UK bank account.
Those who already hold a Tier 4 general visa can apply for the Tier 1 investor visa. However, if your living costs and course fees were paid by the government or an international scholarship agency, you will need an unconditional agreement in writing from the financial sponsor.
Visa applications can be complex so it’s a good idea to seek advice from the professionals. You’ll find immigration lawyers can take you through the process, ensuring you have everything you need to get accepted.
What challenges do they face?
Although the weakening of the pound has encouraged more Asian investments in the UK, there are some challenges investors face.
The current interest rates for example, make it difficult to see much of a return. With the current economic crisis, interest rates remain low, making it a little harder for investors to make good profits. It could take a long time for the economy to recover, particularly if there is a second Covid-19 wave. So, there is an extra level of risk to investing in the UK right now.
At the moment, nobody knows what is going to happen in regard to Brexit. If we leave the EU with no deal, it could also hit investors hard. So, it would be wise for investors to wait and see what happens later in the year before they decide whether or not to invest.
Overall, the UK has long been an attractive option for Asian investors. However, due to the current economic climate, there are challenges that need to be addressed for those who are looking to invest in the country.
HP’S Boom on the Stock Market
The stock market is prone to changes. It takes a skillful and easy to adapt broker to stay prone to all changes in the stock market. While active traders are having stocking plans in mind for a longer period of time, daily traders are thinking only about the current market situation from day to day. Generally speaking, the marketplace had its ups and downs while some companies have remained their stability in the stock exchange.
No matter whether you’re a beginner or professional in trading stocks, there are platforms suitable for every level of expertise. However, some platforms are more suitable for a specific category of traders. In other words, it’s customizable to the level of expertise of the trader and performs specific actions the trader needs in everyday trading actions. Today, there are many different ways how to invest money. Currently, the most popular are the bond investments, thanks to their low volatility and relative safeness compared to stocks.
There are many ways how to trade bonds online and you need to learn bonds trading apps. Before deciding on investing in bonds, it’s a wise idea to consult with a broker from whom you’re going to buy the bonds. What follows is what happened with Hewlett Packard and its stock share on the market. Contrary to popular belief, the company’s stock shares didn’t decline when compared to last year’s, and they even show a tendency to grow.
HP and the Stock Market
Some time ago, everyone predicted a decline in earnings according to the lower revenues of Hewlett Packard. According to the consensus outlook, the company’s earnings were about to decline throughout the year. However, the estimates and the actual situations differ to a high degree. Since early Wednesday, HP’s shares on the stock market has surpassed the expectations. Hewlett Packard’s annual revenue is worth $6.8 million, which is 5.5% down from last year. However, it went up by 13% sequentially, which is ahead of the analyst consensus.
Cash Flow and Forecasting
According to the company’s claim, the cash flow from operations was $1.5 billion. Compared to last year’s statistics, the cash flow is up 23% when the cash flow was $924. The company declined to provide guidance last year, but now the company is back to forecasting. Taking into consideration the whole fiscal year, the earnings have grown from 32 to 36 cents a share, which is $1.2 of the Street.
The CEO of Hewlett Packard, Antonio Neri, the growth in results is “marked by strong execution and sequential growth… navigating through the pandemic and the planning for a post-COVID world have increased customers’ needs for as-a-service offerings, secure connectivity, remote work capabilities, and analytics to unlock insights from data that are aligned to our strategy. Now it makes sense the recent growth of stockings share of the company.
Hewlett Packard’s SEO about the Current Stock Situation
We see a tremendous opportunity to help our customers drive digital transformations as they continue to adapt to operate in a new world.” In another interview, the SEO of the company was able to reduce the backlog for around $500 million in a quarter. It’s expected that it will normalize by the end of the quarter. According to his statement, it is the result of the latest hardware that has been built but not installed yet. It has restricted the company to work on-site for extended periods. While the compute segment was flat, the critical system revenue went up for 3%. The advisory and professional services also went down by 9%. Hewlett Packard shares in the premarket trading were about 7 to 9%.
Prevent bankruptcy with a PI agency
Filing for bankruptcy should be a transparent process. The person filing for bankruptcy should give an honest declaration of their incomes, expenses, and assets in exchange for having their debts discharged.
Unfortunately, this doesn’t always happen.
A notable fraudulent activity committed by many debtors during the filling of their bankruptcy is the concealing of assets.
Concealing of assets refers to a situation where a debtor tries to hide some of their assets during a bankruptcy process. This is done so that these assets don’t end up being used to pay the debtor’s creditors. Once the bankruptcy period is over, the debtor gets their assets back. Thus, the person gets rid of their debt but still retains their assets.
Ways in which a debtor may try to conceal their assets during a bankruptcy filing process include:
· Transferring the assets to friends or family members
· Tying up assets in businesses or hidden companies
· Channeling assets to offshore accounts
· Some debtors pay more money to their creditors
· Buying of property or other expensive luxury items
· Creating fake mortgages, so the property looks like it has no value
· Buy assets such as bonds, insurance policies, annuities, or stocks
If you’re a creditor and you suspect that your debtor may be trying to conceal their assets, you can seek the help of a Melbourne private investigators agency to help prevent bankruptcy.
What Can a Private Investigators Agency Do to Prevent Bankruptcy?
The court expects a debtor filing for bankruptcy to be honest about their debts and the value of their assets. During the case, the court will employ an asset discovery process through which it will gather information on the debtor’s assets.
In addition to the information provided in court, creditors can also hire the services of a private investigator (PI) to locate hidden assets.
A private investigator will:
· Conduct a thorough investigation to locate hidden assets
· Prepare a report that they’ll present in court as evidence
· Give a testimony in court regarding the hidden assets
Why Should You Hire the Services of a PI Agency?
If you’re a creditor and you suspect foul play by your debtor during the filing of their bankruptcy case, you should consider seeking the services of a PI agency.
Such an agency will have access to databases and public records that can help them trace hidden assets. They also have the experience and the tools to conduct such an investigation, something you or your lawyer may not have.
A qualified PI will sift through the debtor’s tax reports, online records, payroll slips, bank records, reports from family and friends, debts, property filings, addresses, references, and other data to locate processes and locations that may be proof of hidden assets. The right private investigator will also know bankruptcy laws and what it takes to satisfy a court that the debtor has hidden assets.
The agency may also have PIs with military and law enforcement background making them the right people for the job.
What Happens If the Debtor is found To Have Concealed Property
If after the private investigator’s report and testimony the court is convinced that the debtor tried to conceal assets, lie about their income, or defraud the court, they may face the below consequences:
· The court will deny them a bankruptcy discharge which means they will still be obligated to pay you and other creditors
· The court will revoke an already granted discharge
· The debtor cannot discharge the debts in that case in any other subsequent bankruptcies
· The debtor may face criminal charges where the penalty may be a $250,000 fine or imprisonment of up to twenty years
If you suspect that a debtor who owes you money may be trying to defraud the bankruptcy process by concealing assets, you need to hire a Melbourne private investigators agency. A PI from the agency will review the case and reveal the truth. If they gather enough evidence to convince the court of the fraud, you might get your debt paid by the debtor.
Survey Reveals Extent of the Fallout from the Pandemic on MSMEs in Nepal
The COVID-19 pandemic has spurred more Nepali businesses to start using internet, social media or digital platforms to seize business...
Ghana to Provide 550,000 People with Improved Water and Sanitation Services
The World Bank Board of Executive Directors today approved $125 million from the International Development Association for the Greater Accra...
Rosewood conservation: A success story from Madagascar
For Madagascar farmer Edmond, who goes by one name, it was a breakthrough. In 2019 he perfected a complicated technique...
Measuring Stakeholder Capitalism: Top Global Companies Take Action on Universal ESG Reporting
The World Economic Forum today released a set of universal environmental, social and governance (ESG) metrics and disclosures to measure...
The Greek-Turkish Standoff: A New Source of Instability in the Eastern Mediterranean
Since 2011, Eastern Mediterranean affairs have mainly been marked by instability due to the civil wars in Libya and Syria....
Two paths before Latin America: Democracy or dictatorship
The Latin American region is at a crossroads, with a choice not between the political left or the right; between...
UNWTO Launches Comprehensive Tourism Recovery Tracker
As growing numbers of countries around the world ease restrictions on travel, the World Tourism Organization (UNWTO) has launched a...
Africa3 days ago
Celebrating the Least Corrupt Country: Rwanda
Europe3 days ago
Political will is needed to foster multilateralism in Europe
Africa3 days ago
Russia-Africa relations: The Way Forward
International Law2 days ago
Freedom of religion in the African Human Rights System
Russia2 days ago
Don’t Kid Yourself, Russia will Never Abandon Belarus
Eastern Europe2 days ago
Azerbaijan Vision 2020
Newsdesk3 days ago
Global solution to COVID-19 in sight, ‘we sink or we swim together’
Middle East2 days ago
The current situation in Syria