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Old 11-09-2010, 02:02 PM   #2
jmsremax
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First Name: Jon
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Default Re: Penny stocks...?

Quote:
Originally Posted by thebayratt View Post
Better yet.... find out what the new Apple product can't work without. The battery, acomputer chip in it, or the company that supplies the plastic for the cases, etc.... That type of stock is probly lower (easier/less cost to buy) but when Apple products goes up in production, (holidays=now) the value of the parts inside the phone go up too. Thus increasing Apple's and the phone components parts companies's stocks go up too...
You may not make as much as if you put your money in Apple, but it would seem a little safer to me.
Exactly, and when Apple signed a deal with AT&T, they were another stock to buy. Now that they are going to Verizon, VZ was something to look at. The list of stocks/companies linked to a product can be endless.
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