Over the course of the past 9 weeks our subscribers have seen significant profits on our top penny stock picks, especially when it comes to Platinum Members and their special alerts. Within this time period we have seen gains of more than 3,400% on our top penny stock picks. Now all of this is great but after the announcement of ENYC as a special alert, all of this slowed down. Since the inception of
pennystockdream.com we have never had any investment play that has remained as stagnant as this one but when looking at the timing of this alert, the reason for things slowing down becomes terribly apparent. We do not expect this slow down to last for long but allow us to explain these key points that have made things a bit more difficult than the general norms for our trading:
1. It's the end of the year! Many investors, especially those investing within the penny stock exchange, sell off their holdings at the end of the year for tax benefits. The positive side to this is that many of them plan to buy back into the markets as soon as the new year hits. While this may not always have a significantly noticeable affect on Large Cap companies, this process can cause significant distress to smaller penny stock corporations.
2. We are in the middle of a Holiday season, which causes various factors to affect the stock market. For one thing you have a lot of people going on vacation and completely ignoring the stock market, meaning less buying pressure. Another aspect to this is that people sell of their penny stocks before going on vacation because they recognize that they are more volatile and do not want to risk losing money in investments that they will not be able to watch while on vacation.
3. Another aspect of the holiday season is that a lot of people sell of shares to have cash on hand to purchase gifts for friends and loved ones. With so many factors coming together all at once, it comes as no surprise that
pennystockdream.com subscribers have seen ENYC become the most stagnant of the special alerts released in recent history. Rest assured though that as soon as we break into the new year, things across the board are expected to pick up with more investors active in trading penny stocks, getting involved.
The good news about all of this is that these are all end of year precautions that investors take and the end of the year is almost here! This means that we should start seeing strength come back into the penny stock exchange very soon, which is great considering that the entire
Penny Stock Dream Team is expecting some significant developments to come from ENYC. We have been more than happy with the fact that no further share structure changes have surfaced since the original change that moved it to the still low amount that it is now and believe that the company will continue to release more filings to prove itself even more transparent and open to the eyes of investors, than it has already. We have already seen ENYC move up a trading tier due to the release of financial information but the fact that they released more documentation after the tier change strongly suggests to us that they fully intend to release more documentation, to open their inner workings up to investors more than ever before. If/when they do do this, there will likely be further trading tier upgrades to come, thus putting investors at even greater ease about their willingness to make information about themselves public.
Pennystockdream.com continues to be very happy with the choice of ENYC as being a top penny stock newsletter alert due to the significant developments that they have pushed to make happen within such a short span of time. As we have saif since the beginning with ENYC, get ready to see some significant developments, as we continue to expect to see the price per share sail beyond $.10 from this current level, due to all of the positive developments that they have already made combined with our own future expectations.
ENYC is getting ready to surprise many investors and should prove itself a powerful investment to keep your eye on.
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