November 28, 2016 - By Michael Collier
Penny stock shareholders are becoming inquisitive about GRYPHON RESOURCES (OTCMKTS:GRYO), following the fact that the share price has moved $-0.0001, reaching the $0.0013 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, GRYPHON RESOURCES’s stock was big mover. According to the short interest report published recently, (GRYO) had 1,800 shorted shares for 0 days to cover. The prior short interest was also unknown for a $N/A change. The 52-Week High and Low are noted here. Infinity (High), Infinity, (Low). The stock had 87,300 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 Gryphon Resources, Inc. (OTCMKTS:GRYO) news were published by: Marketwired.com which released: “Teranga Gold Announces Agreement to Acquire Gryphon Minerals in All Share …” on June 19, 2016, also Businesswire.com with their article: “Gryphon Investors Acquires CORA Health Services, Inc., a Leading Physical …” published on July 05, 2016, Marketwired.com published: “Teranga Gold Closes Acquisition of Gryphon Minerals” on October 12, 2016. More interesting news about Gryphon Resources, Inc. (OTCMKTS:GRYO) were released by: Businesswire.com and their article: “Gryphon Investors Acquires Smile Brands” published on August 18, 2016 as well as Marketwired.com‘s news article titled: “Teranga Gold One Step Closer to Acquisition of Gryphon Minerals” with publication date: August 16, 2016.
Gryphon Resources, Inc. is an exploration-stage company. The company has a market cap of $356,200. The Firm focuses on exploration for lithium, gold and copper-porphyry in Arizona, United States. It currently has negative earnings. On September 27, 2010, the Company sold its subsidiary APM Madencilik Limited (APM).
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