When we wrote about and said to Watch Penny Stock Force Energy Corp. (OTC: FORC) , we meant it. FORC announced it has been granted a drill permit for the Zoro 1 Property by the Manitoba Conservation Office in Snow Lake, MB.
The permit authorizes Force to carry out a diamond drilling operation on the property. This initial diamond drilling program is a necessary evaluation of the Zoro 1 Property in order to examine the third dimension of the potential resource. Results of this program are intended to determine whether the confirmed historic resource of 1.7 million tons of lithium grading 0.95% Li20 can be mined economically.
Data provided by Capital IQ
FORC traded as high as $0.11 in Today’s trading session.
FORC is trading at $0.086, up +186.67% (+0.056) as 12:11pm.
FORC trading volume as of 13,128,473 as 12:11pm.
FORC is trading:
- $ 0.061 above its 50 day moving average,
- $ 0.056 above its 20 day moving average and
- $ 0.049 above its 5 day moving average.
“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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