Top 3 Ways To Make Money Quick In The Stock Market

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by Scott Johns

There has been a lot of talk about how 2008 will turn out financially. The word recession has been thrown around a lot perhaps for shock value but maybe not. Lets pretend for a moment that these predictions of s recession are accurate. How would that effect the stock market? Well, the stock market will always be there even if the numbers change. However, in a recession, everything is relatively a penny stock. So even though penny stocks have received bad press they will always be there during good and bad times.

Recessions are times when all companies are struggling to make a profit right. Yet that doesn’t stop people from investing. People are more desperate and then to exercise more faith in a company and hence willing to take more risk when economic times are tough. During times like these people can afford to be more picky and avoid the more risky stocks. Penny stocks are risky no matter how the economy is but are a great investment if done wisely.

Penny Stocks - Nothing is more risky and nothing has more quick profit potential than penny stocks. They are dangerous yet they are awesome. The uneducated person will simply call this type of investment gambling. Any kind of investment can be viewed this way without the right knowledge. The difference between penny stocks and gambling is the type of information you are dealing with. If you are in the know as to what a company’s new developments and progress is then you can time a penny stock investment just right. There are many websites and forums dedicated to giving tip-offs before penny stocks go through the roof. Be careful though, sometimes these tip-offs are scams from people trying to pump and dump a stock, leaving you with the losses. Also, don’t be fooled by those extremely low priced shares, they can go lower believe it or not. However, if a stock is selling for $.01 a share and it goes up to $1 in a week, then you have just made a ton of money.

Follow the Stock Promoters - The third way to make some quick money in the stock market is to get in on a stock before they launch a big promotional campaign. As soon as a stock gets more exposure the price per share typically goes up. So find out who the stock promoters are and then find out what they are promoting next. Sounds easy enough right? Well, often they are like the stocks themselves and you must constantly be in the know of what is next. There are several paid services out there on the internet dedicated to sending out email updates on what’s the next stock to be promoted.

So will 2008 be a recession? I don’t think so. Will it be a good year to invest in penny stocks? Well of course it will be. Just invest cautiously. Penny stocks have never represented a bad investment just one that should be approached with caution. Its easy to take the advice of others without really knowing the truth but including penny stocks as a part of your portfolio is a smart move any day of the week.

About the Author:

Scott Johns conducts research and analysis of stock market picks for a penny stock analysis company. To check out Best Penny Stocks and Picks for some of his company’s latest picks.