The data provided is for informational purposes only, and is not intended for trading purposes. The main difference between penny stocks and larger stocks, such as those listed in the DOW Stock Exchange, is that penny stocks have enormous daily variance in value and there is therefore the potential to carry a large reward for little outlay, although they are a very risky investment because they are so volatile. For big companies, when a stock goes up or down a few dollars in one day, if the stock is trading at $50, it might change only a couple percentage points. This has resulted in a permanent demand for gold, resulting in ever increasing prices.
If a stock only cost 10 cents per share, an increase of 1 penny in a day would be 10 percent, a return that many would consider very good for an entire year. Since penny stocks generally trade with lower volumes than large stocks, and cost much less per share, speculators can drive up the prices of a given penny stock by injecting a large amount of money into them.
This provides a means of doctoring the market: the speculators pump money into a penny stock, which raises the price, and consequently the stock then draws attention from the financial industry, drawing in funds from average investors, which further drives up the price. Penny stocks are often used as a part of email scams, which promise amazing returns, when in reality the mass emails are a way of pumping up prices momentarily for scammers to sell inflated shares and make money.
Even if you do not have anyone in your family wearing gold jewelry the constant upward trend in prices turns out to be your advantage. Gold is a good investment, because it tends to go in the opposite direction to the stock market. Share prices have been up and down, but mostly down, oil prices are well up, and everything in the supermarket seems to cost more. I first thought that September 29th, 2000 drop in AAPL was an data error; however, I found following news item: Apple bruises tech sector, September 29, 2000: 4:33 p.m. ET Computer maker’s warning weighs on hardware, chip stocks; Nasdaq tumbles.
The big issue, besides the fact that the Electra’s were very well made, was the unique effects modules incorporated into the design. Unfortunately, or maybe fortunately depending on the way you see it, the 80’s brought us MTV, pointy guitars and big hair bands. All the MTV big hair glam rock bands seemed to use these guitars and it was the final nail in the coffin for the Electra brand of guitar. Just be ware that you get what you pay for, and I’ve seen a 100% increase in prices in the last 10 years for these guitars-they are getting very hard to find in nice condition. As an example, consider the $13.2 billion in stock buybacks at Exxon Mobil in 2013.