Questions below
refer to the following article and quote.
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Investment Tips
By Scott Russell
Investing
in stocks that are less than $5 per share is a good way to boost your stock
portfolio. Many big investors ignore these stocks because of the potential
risks involved, however, these stocks often grow significantly over the
course of time. Investing in inexpensive stocks is a wise move, provided that
you hold on to them for at least one year to allow enough time for them to
develop.
Four
stocks that I suggest for less than $5 per share are High Standard
Pharmaceuticals Company, Nova Oil, Inc., Direct Access Publishing Group, and
Peak Media Holdings. If you are new to the market, you might want to try
investing in them through an online brokerage firm that does not charge a
high commission for their services, and remember: only invest up to five
percent of your entire stock portfolio in any stock, including these.
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Quick
Stock Quotes -- Thursday April 22 -- 2:40 P.M.
(Quotes
delayed by 20 minutes)
Nova
Oil, Inc. (NOI)
3.93
+0.08 +2.08%
Previous
Close 3.85
Open
3.87
High
3.94
Low
3.79
Volume
864,300
Bid
3.91
Bid
Size 600
Ask
3.97
Ask
Size 3,300
52
Week range 1.64-8.90
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