In an attempt to capture market share from Craigslist, Penny Stock FrogAds, Inc. (OTC: FROG.OB) announced today it has hired a sales team to drive traffic to its website which may not help FROG stock return to level it experienced in January.
FROG traded as high as $0.3095 in today’s trading session.
FROG closing price today was $0.287, down -5.90% (-0.018).
FROG traded volume of 1,319,422, a dollar amount of $373,264 based on VWAP: 0.2829.
FROG is trading:
- $ 0.025 below its 20 day moving average,
- $ 0.015 below its 10 day moving average and
- $ 0.008 below its 5 day moving average.
FROG has a Market Cap of $25.83M with a 90.00M Share Float.
Unlike other online advertising sites, FrogAds.com offers technologies, such as embedded video, banner ad placement options, and simplified navigation tools to enhance the buying and selling experience while maintaining a cost-free structure. As the site continues to offer more features, all for free, it has quickly become one of the most visited sites within the United States.
Now, as FrogAds claims to have accomplished its first goal of nearly crossing the 25,000th mark of most visited U.S. websites in mid-January, management is embarking on its second initiative to aggressively market its revolutionary online platform to increase traffic and awareness.
FROG is down -26.41% (-0.105) since its promotions ended so stay alert and monitor closely for dips in stock price.
“Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett
If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.
Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.
Listed below are a few of the many points each and every penny stock investor needs to discover.
- Do your own research.
- Trade Responsibly.
- Verify everything.
- Move Fast or Get Left Behind.
- Do not use market orders to enter a position, use limit orders.
- Have a System That fits You.
- If a Stock Gaps Open, Look for Pullbacks to Enter.
- Plan a Trade and Trade a Plan.
- Always use stop loss orders to protect yourself.
- Positive Self- Belief.
- Keep trading as Part of a Balanced life.
- If a stock breaks below our alert price GET OUT. Do not wait.
- View Trading as a Score in Points and Not In Money:
- Always take your profits whenever you can. Do Not Be Greedy.
- Work Hard at Learning How to Trade Properly and Keep Working.
- Do something to make someone else’s life better today.
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