speculative stocks to watch 2011 : Penny stocks are really cheap stocks issued by start-up companies or businesses facing bankruptcy. They are traded on the Over-the-Counter Bulletin Board (OTCBB) and the Pink Sheets. Only a small amount of penny stocks are listed on the NYSE, NASDAQ and AMEX. The stocks traded on them are speculative and high-risk stocks, for the reason that very few people invest on them. They trade uncommonly. Besides that it is very difficult to sell them after investing in them.
Take the help of an online broker who has knowledge in penny stocks. Since trading in penny stocks is speculative, these brokers are required to get written confirmation from the client concerning the business.
Jan 07, 2011 (SmarTrend(R) Spotlight via COMTEX) — YRC Worldwide (NASDAQ:YRCW) is one of today’s worst performing low-priced stocks, down 3.1% to $3.42 on 0.4x average daily volume. Approximately 584,000 shares have traded hands today vs. 30-day average volume of 1.5 million shares.
Wall Street News Alert’s “stocks to watch” this morning are: China Electronics Holdings, Inc. (OTCBB: CEHD), Baidu, Inc. (NASDAQ: BIDU), China Agritech, Inc. (NASDAQ: CAGC) and Cogo Group, Inc. (NASDAQ: COGO). To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word “press” in the subject line to 68494.
Yesterday after the markets closed, MC Endeavors, Inc. (PINKSHEETS: MSMY) issued a press release announcing that Dr. Saum K. Nour, Ph.D. has accepted an offer to become a Member of the Board of Directors of MC Endeavors, Inc. and its subsidiary CENTIUUM Holdings, Inc.