Stripe Swing

Stripe Swing

The Art of Picking a Penny Stock

Should Wiley E. Coyote ever get into buying stocks, I have no doubt he would stack his portfolio with shares of ACME. I'm just not so sure any savvy penny stock investor should follow the economic advice of a coyote.

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Investors of the two-legged kind, whether they're looking at a penny stock or a blue chip behemoth, tend to take a myriad of details into consideration before investing. And so they should.

But a recent study suggests that investors of every stripe take mental short-cuts when it comes to investing...at a time when they should be more rational.

Wall Street gurus and penny stock investors alike it seems, are more likely to purchase newly offered stocks that have an easily pronounceable name, say a pair of Princeton University researchers.

Adam Atler and Danny Oppenheimer found that a stock's performance immediately after an initial public offering (IPO) appears to be linked to how easily investors (penny stock or otherwise) can pronounce its name and stock ticker symbol.

Danny Oppenheimer, commented, "These findings contribute to the notion that psychology has a great deal to contribute to economic theory."

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The two said the effect also extends to ticker symbols. For example, all things being equal, a stock with the symbol BAL should outgain a stock with the symbol BDL in the first days after an IPO.

"We looked at intervals of a day, a week, six months and a year after IPO," Atler said. "The effect was strongest shortly after IPO. For example, if you started with $1,000 and invested it in companies with the 10 most fluent names, you would earn $333 more than you would have had you invested in the 10 with the least fluent."

Oppenheimer acknowledged that their findings do not tell the whole story about the post-IPO success of a stock, not are they good indicators of long-run performance of a penny stock.

"You shouldn't make changes to your stock portfolio based on our findings. The primary contribution of this paper is to add a piece to the jigsaw of understanding how the markets operate," said Oppenheimer.

So, what does this mean for the green and seasoned penny stock investor? It means you should still take an exhaustive look at any company you're interested in. It also means that, in the early stages at least, it doesn't hurt to find a company with a catchy name and ticker symbol to boot.

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Where can you go to get info on old bbq grills? Like pictures, worth, manuftacturer. From around 1950-1970.?

My dad has a grill from that era and it has never ever been used. It was at my dad'd work Chelar Tool & Die in Bellville IL. They were going to throw it out. It was from that era my dads comapny was going to throw it out. It is red and white. It has a cone shaped Hood that is open in the front to allow acces to the grilling area. The hood is colored like a old circus tent It is red and white Stripes, Smaller at the top and then they frair out as it goes down. It has all the original Accesories. Even a electric rotisery attachment. It has a table the can swing out on the side it is round. You can swing it under the hood when not in use. I can provide pics if someone thinks they know anything. Please help my dad is driving me nuts to get info on it.

This is my favorite website for all things BBQ:

http://www.thesmokering.com/

It provides links to hundreds of sites having to do with BBQ and grilling. Hopefully you can find the information you seek by starting with this site.

Several Yahoo and Google searches turned up nothing for variations on "vintage barbeque grills". Sorry I can't get you closer to the answer you are looking for.

Good luck with your search.

Lifting the bike on swing arm rear stand, and applying ProGrip wheel tape