Chinese Penny Stocks
Should You Trust Stock Trading Robots?
Questions and eyebrows were raised when Marl, the first commercially available stock trading robot was unveiled by creator Michael Cohen. Indeed, something that could make stock trading as easy and effortless as getting investment tips directly from someone who knows the best stocks to bet on might as well be a dream.
Hence, the speculation and the criticism remain even until now.
Most people believe that the stock trading robot is definitely 100% scam and for good reasons. First, with the volatility of penny stocks, it is easy for a scammer to buy shares from a company that has seen a little less action than is desired, and promote the company as one that is going to see a high surge in demand.
This information gets sent out through the newsletter as one of the picks of the stock trading robot, people get into a buying frenzy and the demand skyrockets. The scammer makes a quick exit amidst the frenzy, and the buyers are left empty-handed when prices start to crash.
Most ‘creators’ of stock trading robots are using this tactic called the ‘pump and dump’ to earn a profit from the rise in demand for the penny stock, from the kickbacks that they get from recommended companies, as well as from the earning of their newsletters. So should you go for it? Absolutely not!
To become successful when in comes to investing in company stock, avoid high-falling wonder robots and prediction software and focus on getting an in-depth understanding of how the markets work instead.
If you are wondering whether Michael Cohen latest doubling stocks newsletter works or not, it would be better to try it out yourself. Since Michael offers an 8 week money back guarantee, there is really no risk on your part.
About the Author
Is Michael Cohen Doubling Stocks scam or can it really help anyone make profits from penny stocks. Read my Doubling Stocks review for the answer.
how much would a 4 billion ton ore deposit be worth?
i bought shares in a penny stock which has the potential to find an ore body in the size of 4 billion tons at least, so even at low grades how much would a deposit like this be worth .
oh yes the deposit they are looking for is for copper and moly
the company trades at about 20 cents now and the name of the company is bell copper symbol bcu on the canadian market, it has about 80 million shares outstanding , so if they hit the 4 billion ton where will the share price go , where will the market cap reach , i mean what is a fair price for a major to buy it , or maybe the chinese will buy them out.
they are in a good area for finding this size deposits because of already knowm discovories in arizona.
i just want to know what the potential buyout price would be if they find a large deposit.
Well, this is a difficult question.
Their current market cap is about $16 million.
The company will most likely find themselves in one of two conditions:
(1) the company will find that the deposit is not economically viable for mining. This may be the case if the quantities present in the ore are not strong enough to justify mine development. Development of this mine may cost several hundred million dollars.
(2) the company determines that the deposit is economically viable for mining. This would give a boost to their stock price, but would not affect their cash reserves. If they need to raise several hundred million dollars to develop the mine, it would be very difficult to do so in the current economic climate. They would most likely sell the company or sell the rights to the mine or merge with a cash-rich company.
The important thing to understand is that in Case (1), you will lose money. In Case(2), you will gain money, but there is no guaranteed amount. It is dependent on resource grades and commodity prices and outlook.
Penny Stocks : About Chinese Penny Stocks
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