Does the Best Penny Stock List Include Oil Growth Stocks?

Remember that the price of oil determines the volatility of oil growth stocks, not their success. When crude is selling for a lot, if a small company happens upon a major find, that single find could be enough to catapult it into super stardom.

The trick for finding the best penny stocks in the oil world is to get a sense for what's going on in the world of oil speculation. Oil shale and deep-sea retrieval are two major technologies that people think could open up huge deposits of black gold.

An example of an interesting micro stock to watch would be one of many small companies in Colorado digging for oil in the shale. This company happens to come across a mother lode, which it sells at exorbitant prices because that's the price of oil on the market. Company's stock goes up, and people who invested in it when it was just a lowly entry on the penny share list receive the pleasant surprise of a lifetime.

The difference between the hype for alternative energy penny shares and oil stocks is that when oil prices are low to moderate, alternative energy stocks are better to invest in. People dream green when comfortable. However, when oil prices are extremely high, people's practical natures take over and all they want to do is include oil in their penny stock list.

You have to pay attention to your oil growth stocks if you want to trade penny stocks in the oil market. With such impressive volatility, what could be worth $0.01 today could be worth $30 in the event of finding a new and profitable well.

Trading oil stocks is not for the faint of heart. However, if you're seeking out the best penny stock to invest in, chances are you've got a strong character and constitution. You'll need it.

To learn more, consult with the experts at Paradigm Capital Management, Inc. a hedge fund managing firm. The firm was founded in 1972 and is based in Albany, New York with an additional office in New York City.

To learn more, visit here: http://www.paradigmcapital.com/

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