From Publishers Weekly:
Financial consultants Cobleigh and DeAngelis here invite "$2-window" racetrack bettors and other underfunded but money-minded people to the "exciting," though high-risk, world of low-priced speculative stocks. Largely ignored by commission-conscious brokers, these securities are potential fortune-builders for the judicious investor, claim the authors. The workings of financial markets (New York Stock Exchange, Amex, Toronto) are explained, with particular attention to the vast "over-the-counter" markets through which start-up companieseach, theoretically, a potential Xerox, Polaroid or IBMare financed. The authors tell how to identify promising contenders by gauging industry prospects, management caliber, company shares' price-earnings ratio, etc. Buying in a bull market is advised, with tips on when to get out also provided. Descriptions of specific likely issues, at affordable prices, whet the reader's appetite.
Copyright 1986 Reed Business Information, Inc.
From Library Journal:
The authors, both financial experts and consultants, observe that penny stocks, those trading for less than $5 per share, appeal to stock traders in the same way that long shots catch the eye of horseplayers. They examine this promising area of investing and offer a selection of low-priced issues they feel have the potential of becoming stock-market stars. In addition to touting stocks, the authors give useful advice about fundamental and technical analysis to the novice investor. Of greater comfort to the neophyte may be Cobleigh's previous success with several editions of his Happiness Is a Stock That Doubles in a Year . Recommended for popular business collections. Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1986 Reed Business Information, Inc.
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