Peter Leeds Launches Free Website, The Penny Stocks Guide
Founder of popular industry newsletter announces no-cost informational website.
New York, NY (PRWEB) June 11, 2009 -- Building on the success of his subscription-based financial newsletter, Peter Leeds Penny Stock, founder Peter Leeds has launched a free informational website, The Penny Stocks Guide, for first time investors. Offering an introduction to penny stocks and methods to avoid the common pitfalls in choosing them, the website provides straight answers to questions people might have about trading low-priced shares.
According to Leeds, millions of people are trading penny stocks, but most are buying the wrong ones or are making easily avoidable mistakes. He is offering The Penny Stocks Guide as a free public awareness tool that assists investors in making informed choices when trading companies for pennies per share. Information on the 20 page website includes detailed guidance regarding what penny stocks are, the risks involved in trading them, how to assess a company for financial viability, and how to benefit from trading high quality companies.
Mr. Leeds has been dedicated to providing the public with information about smart penny stock investments for over 10 years with his subscription-based newsletter. From the clear popularity of his newsletter (over 30,000 subscribers to date), he deduced that there are probably plenty of other people who are intrigued by the idea of trading, but needed more information before jumping into the perceived risky waters of penny stocks. "I believe The Penny Stock Guide will raise awareness about the benefits of penny stock investing," says Mr. Leeds. "Hopefully it will counter the many negative connotations against low-priced shares and direct people towards educated penny stock investment choices. By understanding the easily avoidable pitfalls, penny stock investing can be very lucrative because it allows you to get involved early with great, undiscovered companies with tremendous upside potential."
Though The Guide doesn't offer stock picks, price targets, company reports or daily updates, the online Peter Leeds Penny Stocks newsletter does. So once potential investors have educated themselves through The Penny Stocks Guide, if they want even more specific guidance, they can then subscribe to the newsletter and receive daily information that will assist them as they begin a future in penny stocks investing.
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