November 28, 2016 - By Vivian Park
Penny stock shareholders are becoming inquisitive about AMERITYRE CORPORATION (OTCMKTS:AMTY), following the fact that the share price has moved $0.0047, reaching the $0.0177 price level in a recent trade.
A big benefit of investing in small-cap shares is that there is a prospect to outpace the institutional investors. In addition, mutual funds have limits controlling their power to purchase large lots of any one firm’s outstanding shares.
It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, AMERITYRE CORPORATION’s stock was -10.00%. According to the short interest report published recently, (AMTY) had 2,800 shorted shares for 2.2 days to cover. The prior short interest was 2,800 for a $N/A change. The 52-Week High and Low are noted here. -82.30% (High), 77.00%, (Low). The stock had 1,300 average volume.
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As seen in stock market, the first point in investing in penny shares is to earn money. A popular trait of penny shares is that they move quickly and are extremely volatile. Penny shares are mainly stocks of small cap firms that can be open to change in industry conditions and stock market sentiments. Though penny shares are generally stated to be dicey, a trader can make massive amount of money in a short period of time, as against bigger, so-named ‘blue chip’ shares and mutual funds, which need a long-term plan.
Needless to state, investing in penny stock is not a right choice for the risk-averse, and only non-essential disposable income or ‘play money’ should be put in penny stocks. In no way are these stocks termed as the conservative investments and traders who play them are willing to take risks with invested capital. Penny stock shareholders must be prepared to put on stake their entire investment. Penny stocks trade fast in directions, recording massive downticks or upticks in few hours.
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Anticipated penny stock investors should learn and gain knowledge of the penny stock market. They must conduct intense research of a firm they might want to invest their money into. Learning can start by enrolling to a penny stock newsletter which offers informative penny stock recommendations. Gathering data as much as you can that is related to the penny stock world is tremendously vital if you want to earn money in trading. It is highly suggested that you enter into the market with a small amount of capital to lessen the risk if you incur a loss.
Disclaimer: The information, views, and opinions expressed in this publication are those of the writers and do not necessarily shows the position or official policy of any company financial professionals, analysts or stakeholders. Examples of assessment performed within this publication are just examples. They should not be used to make financial decisions or stock portfolio as they are based merely on open source and limited information. Assumptions taken within the study are not indicative of the position of any financial professionals or analysts.
More notable recent Amerityre Corp (OTCMKTS:AMTY) news were published by: Reviewjournal.com which released: “Sensibility for penny stocks” on October 06, 2014, also Seekingalpha.com with their article: “ROOT9: -82.5% Downside On Management Fraud Allegations, Cyber Failure And …” published on June 15, 2015, Seekingalpha.com published: “A Look at the Global Tire Industry” on August 11, 2010. More interesting news about Amerityre Corp (OTCMKTS:AMTY) were released by: Valuewalk.com and their article: “Root9B Technologies Inc. (RTNB) Downside On Fraud Allegations, Cyber Failure …” published on June 15, 2015 as well as Reuters.com‘s news article titled: “Amerityre Corp announces management change – Form 8-K” with publication date: September 10, 2014.
Amerityre Corporation is engaged in the research and development, manufacturing, and sale of polyurethane tires. The company has a market cap of $504,615. The Company’s polyurethane material technology is based on two formulations: closed-cell polyurethane foam, a material with high load-bearing capabilities for low duty cycle applications, and Elastothane, a high performance polyurethane elastomer with high load-bearing capabilities for high duty applications. It currently has negative earnings. It is focused on three divisions of the tire market: closed-cell polyurethane foam tires, polyurethane elastomer industrial tires and tires for agricultural applications.
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By Vivian Park