Where can I buy Facebook IPO? When will Facebook IPO? Why buy Facebook IPO when you can make money now on Facebook Friends like Penny Stock Vringo, Inc. (AMEX: VRNG ), makers of the video ringtone app for mobile phones that can be customized to display a montage of Facebook pictures of your friends when they call.
VRNG traded as high as $1.97 in yesterday’s trading session.
VRNG closing price yesterday was $1.70, up +25.93% (+0.35).
VRNG traded volume of 3,949,045.
VRNG is trading:
- $ 0.66 above its 20 day moving average,
- $ 0.57 above its 10 day moving average and
- $ 0.38 above its 5 day moving average.
VRNG has a Market Cap of $10.59M with a 4.38M Share Float.
Contrarian investors Jim Rogers and Marc Faber both admit they would not buy Facebook IPO stock because it is over-valued. VRNG would be consider the contrary. The Facebook integration for Vringo is a new, more interesting service that doesn’t rely on carrier efforts to grow. If management continues to execute, the shares are likely to revisit their IPO level of $4.60 in the coming months.
Note:
48.72% of VRNG shares are held by Insiders according to Data provided by Thomson Reuters
VRNG is a Must Add to all Penny Traders Watch Lists Immediately after 3 days of Huge Gains.
“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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We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average daytrader is made aware of them.
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