Penny Stock Myths - You Can't Believe Everything You Hear
We have all heard that Microsoft & Walmart started as penny stocks, but in reality, there has never been a time in their respective histories that you could have ever bought them as penny stocks... NEVER!
Here's A Real Penny Stock Success Story
So, are there any penny stocks that have gone on to become wildly successful?
Yes, There are many of them. This is just one. California Amplifier (CAMP).
Click on the certificate to see the graph
Bought 1000 shares in January 1999, for 1.75 share ($1750 invested) - sold 1000 shares in June 2000 at $45.75.00 share during a surge for a total of $45,750.
Total Profit: $44,000 minus transaction costs
0dds are you have never even heard of this stock. And thats the reason no one talks about it. It better suits the interest of the story tellers to distort and manipulate a company everyone knows, than to talk about one no one has heard of.
This kinds of story is not rare. Its a fact, penny stocks have made more miilionaires than any other kind of stock investment
Penny Stock Newsletter
-
"If you are serious about making real money consistently investing in penny stocks, you must have the guidance of a newsletter."
Subscribing To Doubling Stocks Is Like Coming In From The Cold
Here's How They Do It
Microsoft went Public on March 14, 1986. It's IPO price was set to open at $21.00 a share with 3.095 million shares being offered.
As of today, the stock has split a total of 9 times.
If you had bought just 1 share of Microsoft stock During it's IPO and held onto it, you would now have 288 shares instead of just 1.
If you took your initial investment of $21.00, and divided it by the 288 shares you would have today (as a result of the splits), your adjusted (average) cost would be approximately 7.3 cents per share.
"Abra Cadabra: Microsoft was a Penny Stock!"
The same holds true for Walmart. Walmart's IPO Was October 1, 1970. 
Taking into account its many stocks splits, Walmart's adjusted stock price would be just 1 penny per share.