I just recently started investing in Penny Stocks. I am definitely new to investing and anything I say is merely my opinion unless stated otherwise. I am also not suggesting you purchase any stock. I am just simply sharing with you guys the first Penny Stock I purchased. I will be sharing any stocks I own with you guys. Since I just stated that I’m new to investing, any advice that you would like to offer me would be much appreciated. Please post that in the comment section.
CBGH-China Yibai United Guarantee International Holding Inc.
- I purchased this stock in October and I have seen it go Up and Down. I will not be going into detail on this post about the company and stock ticker but this website forum has been very helpful. They seem to be very factual and I do not believe they are part of a Pump/Dump. ->You can get all the information right here.
Now supposedly they will be releasing financial records of last year sometime soon, some are suggesting they could be releasing them this week. I am pretty excited to see what they have in store for the investors. I am hoping it is as good as people are predicting.
This was where it closed on Friday. 2/3/2012.
This stock has a 52 Week Range of .0013-1.05. I believe this stock has traded over $3.00 at one point.
I have read from other investors that the stock jumps past dollar levels usually after a great financial year and after the papers have been released to the public. So I’m hoping these papers come out soon because if history repeats itself $.035 is a nice price to get in at.
Like I stated earlier, I am NOT suggesting you purchase this stock. I currently own this stock and am just stating my opinion. Please do your own research and make a decision based on the information you gather before making a purchase.
Please post a comment and let me know how you feel about this post and how I can improve my post in the future.