Stocks that trade at a value of $1 penny per share are known as sub penny stocks. It is usually not preferred to invest in these stocks because of their extremely low price and very low chances of obtaining profits. It is really very hard to extract information about the companies with these stocks because these companies not well-known and don’t usually share their information on the web. Even though it is risky to make investment but the investment is very less, the loss will also be less if it is a short-term investment. Long term investments can probably get more losses. There are a lot of companies in the market that just befool the customers and make them fall in their trap.
Penny stocks are taken to be a better option when sub penny stocks and general penny stocks are compared. One has to devote a lot of time to do research about the companies they are going to invest in. Internet is not a very good source when it comes to sub penny stocking. Stocks and their ranges can be found practically from persons who have done dealings in this business. Those are the ones who can bring the real picture in front of one’s eyes.
Look out for stocks which have given profits to the shareholders in the past and have the chances of doing so in the future. One should not make investment if a company is listed under the name of Dark Market stocks or Pink Sheets. The Pump and Dump is a popular strategy used by companies to loot people. Many companies can be deceptive when it comes to giving returns to the investors.
Penny stocks have as many advantages as disadvantages but sub stocks have more of cons and very less pros. The investor who has lesser amount for investment would only invest here because they cannot invest in high profile and expensive companies. One who has less will invest less and if that money also undergoes loss, then the investor is left with nothing.
Sub penny stocks are highly volatile as their share values change very quickly. If the value of a stock increases within no time, it has a probability to decrease very quickly. It is very difficult to rely on a single company and short-term investments might prove profitable. One must try to keep oneself updated about the latest trends going on in the stock market. Marijuana and tech stocks are the current best stocks considered in the US and investing in these can hopefully give fair gains.
Some of the sub-penny stocks popular right now are-
- American Petro-Hunter Inc. (OTCMKTS: AAPH )
52 Week Range: – $0.0001- $0.0050
Volume: – 200,000
Average Volume: – 198,742
- AimRite Holdings Corporation (OTCMKTS: AIMH)
52 Week Range: – $0.0024- $0.0200
Volume: – 900
Average Volume: – 48,521
- American Defense Systems Inc. (OTCMKTS: ADFS)
52 Week Range: – $0.0065- $0.0400
Volume: – 10,000
Average Volume: – 32,372
- American Films Inc. (OTCMKTS: AMFL)
52 Week Range: – $0.0080- $0.1000
Volume: – 3000
Average Volume: – 5863
- AmeriStar Network Inc. (OTCMKTS: AMWK)
52 Week Range: – $0.0050- $0.1000
Volume: – 500
Average Volume: – 415