The Three Common Penny Stock Picks Trends Most Changing the Environment

The best penny stock picks are not falling from the sky. They are decided, and instantly recommended, through apps, blogs, Google charts and forums, and other areas. The game has changed. Below are the three trends most changing the dynamic of the penny stock market.

Internet Charts

The Internet is nothing new, obviously. The web has been documenting stock charts for a number of years. But, they have never been more easily accessible. Google stocks has pushed it all to the forefront. A single search of any stock code will bring up articles, charts, reviews, and a variety of pieces on that particular stock. This blatant accessibility and ease of finding information has placed a great emphasis on predicting. Now, entire websites are dedicated to following stock charts. All of it is free and available with a click- from a phone, no less.

The Doom of Pink Sheets

The Wolf of Wall Street is an enthralling film that displays the darker sides of the financial industry. It may have also been the last final sweep for the credibility of pink sheets. Pink sheets offer very little in the way of vouching. They essentially just publish quotations, and it is up to the investor to do all the legwork. They are easily exploited, and they may be gone soon enough.

Consumer Apps

RobinHood is a wonderful app that, interestingly, some investors hate. They believe it is making stock investing too popular and too accessible. The core of the app allows for investors to post trades with no transaction charge. There is also no minimum. RobinHood is just one of an assortment of popular stock trading apps that make stock trading easier than any time before. The fact that it is entirely free (who is making money off this?) and free to download the app, it could be a major game changer. It is an informative tool for a whole new generation of investors who are coming off of free Google stock charts and the dissolution of more traditional methods.

Consumer applications for mobile are informative tools for a whole new generation of investors who are coming off of free Google stock charts and the dissolution of more traditional methods.