November 28, 2016 - By Darrin Black
Penny stock shareholders are becoming inquisitive about GOOD VIBRATIONS SHOES INCORPORATED (OTCMKTS:GVSI), following the fact that the share price has moved $-0.0001, reaching the $0.0001 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, GOOD VIBRATIONS SHOES INCORPORATED’s stock was big mover. According to the short interest report published recently, (GVSI) had 23,500 shorted shares for 0 days to cover. The prior short interest was 5,000 for a $370.00 change. The 52-Week High and Low are noted here. -99.80% (High), Infinity, (Low). The stock had 105.05 million average volume.
Is stock price of GOOD VIBRATIONS SHOES INCORPORATED Set to Getaway to Their Potential? Register for Our Newsletter and Know the Inside Scoop!
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.
Receive Breaking Updates by Enrolling to our Newsletter! Hit on the Bar Below and Explore About Stocks that are Set to Make a Run!
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 recent Long Beard Breweries Inc (OTCMKTS:GVSI) news were published by: Prnewswire.com which released: “Good Vibrations Shoes Acquires Long Island Based Long Beard Brewing Company” on January 05, 2016. Also Prnewswire.com published the news titled: “Good Vibrations Shoes files to change name to Long Beard Breweries as new …” on March 23, 2016. Prnewswire.com‘s news article titled: “Long Beard Breweries acquires 5 percent of a popular Long Island beer tour” with publication date: June 02, 2016 was also an interesting one.
Long Beard Breweries, Inc., formerly Vindai Corporation, makes therapeutic vibrating shoe for the people with diabetes and other foot conditions. The company has a market cap of $12,355. The Firm offers men’s shoes and women’s shoes. It currently has negative earnings. The Firm offers men’s shoes in the categories, including Brentwood, Hampton, Sebastian and Biscayne.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Darrin Black