Was Digg almost a penny stock company?

If Digg would have been a penny stock company would you have invested?

Penny stock investments are interesting investment decisions. The gain and loss can be spectacular and the overall ratio is higher for loss side. Many people become millionaires after becoming penny stock traders, but most of them actually know about the increase of prices on a particular time. You can begin your penny stock trading, but make sure that you learn about these stocks very well before making the investment. One wrong move can lead towards loss of your hard earned money and make you negative about stock investments.

 

Penny stocks are micro cap stocks having per stock value of $5 or less. These stocks have low market capitalization of companies, which means that the total assets and liquid money with the company is lesser. Mostly, the beginner companies in any niche are associated with penny stocks. These tiny stocks have high volatility and low potential. It is integral for the investors to make choice for the perfect stocks having real background. Penny stocks are risky and choosing them is quite difficult for the investors. You must learn the right ways to trade them. Read more about choosing the right stocks at Penny Stocks.

Make the portion of your investment dedicated for micro cap stocks and don’t go beyond it. You might be tempted to do more of investments to make simple money, but it won’t work till you buy the right stocks in your investment. If micro cap stocks can produce great gains, it can make you bear huge losses too. Understand the reality that penny stocks can’t make you millionaire as these involve high risks and returns on investment are not wonderful. You can take these stocks in different portions and not involve too much money into one stock as the probability of losing increases with this strategy. The potential gains can be more, but becoming greedy can ruin all your money and make you penny less.

A Version 1 preview

We have finally realized our dream of Digg and we have taken the last 6 weeks to hustle and rebuild the website from scratch.  Here is a sneak peak.

We plan to have Digg to be a real time example of what the internet is talking about. It needs to be fully responsive and interactive to everyone that visits it. We asked people in a survey why the visit websites like Digg. The majority of them do it to find and share great stories that they can’t find elsewhere in any other community. Here are our 4 goals:

  1. We want everything to be easy to read, find, and share the most talked about stories that are getting internet buzz.
  2. The user needs to experience something that is quick and easy to read. We want people to be able to browse share and easily come back to us.
  3. We want to build an unique experience that is compatible with each device. This way users will see stories on smartphones, email, and in social media.
  4. We want the stories to be easily shared on all social formats.

The old days of internet headlines just don’t work with stories that are bigger and have more impact to certain people. Not every story can be told the same way. Some stories are better told through video, Some stories are better through text, and some stories an image is worth a thousand words. We that in mind we have set out to design Digg. We are glad we made the decision to not launch Digg as IPO penny stock company.

Here are a few of our design mock ups. rethinkdigg digg

Here is a closer look at what we started with on our proposal. diggingit

 

The final version will be complete and ready for launch shortly. When you visit our site, you will find an amazing user-friendly experience. We won’t have a tradition website. We will bring something new to the internet so everyone has a great experience. No more boring newsrooms websites. You will bring the top stories and well as what is popular and upcoming to our users and visitors.

 

It will take awhile for us to get our commenting system up and running. We find that there are too many spam comments going around. So it will take longer to get up and rolling right.

 

We will be adjusting the Digg score. We will be focusing more on Facebook shares and Twitter shares to help find which stories are trending. No more walls. We want Digg to provide an experiences that can interact with any site on the internet. Digg Scores will not only factor from our own site but also Facebook and Twitter. We will be able to process data to come up with accurate Digg scores.

diggscore

 

We learned a unique system of measuring from news.me which we will implement for the Digg score. We find that this new way of doing things has led to users reading stories multiple times in one day. After six weeks and our initial launch we will be back to ask your opinions.

Over the counter penny stock info

 

Over the counter stocks typically fall in two categories: they are companies that have been delisted from one of the major exchanges or small-cap start-up companies that do not yet qualify for a listing on the major exchanges. Bid and ask prices for OTC stocks can be found on ‘Pink Sheets’ and the OTC Bulletin Board. The ask price for a penny or OTC stock is simply the price the stockholder would like to receive. The bid price is the offer price made by investors, and OTC sellers or market makers can accept the bid price, refuse it, or ask a new price for the stock. As an investor, you can then choose to purchase the stock or pass it up.

OTC Research

Penny stocks do not have a specific definition, but the majority of investors classify them as stocks that trade under $5. Also known as micro-cap stocks, penny or OTC stocks are also more difficult to research, because they typically do not publish as much statistical data as stocks listed on the major stock exchanges.

In general, these companies are smaller or have experienced recent problems. Therefore, you need to research each company you are interested in by using the OTC Research Corporation, which can be found at www.otcgsw.com, or other valid references in order to find projections, operational results, and expert opinions on the potential of an OTC stock and the company it represents.

Open a Brokerage Account

After performing your due diligence and choosing a potential growth stock, the next step to trade OTC stocks is to open a brokerage account. You can either choose a full-service broker or an online discount broker to facilitate your investments. However, you should know that not all brokers provide trading for OTC stocks, so you must ensure the broker you choose allows OTC trading beforehand. After selecting a broker, he or she will work directly with the market maker to ensure the successful completion of the transaction.

After placing a market order with your broker of choice, the broker then contacts the market maker of the respective security, who will provide the broker with a quote of the ask price they would be willing to sell the stock at. It’s important to note that you can constantly monitor the bid and ask quotes through the OTC Bulletin Board, or OTCBB.

Since it was a market order, the broker must accept the quoted price. After accepting the ask price, or after a market maker accepts your bid price, the broker will then transfer the funds to the account of the market maker, who will then credit the broker with the respective stocks. As an investor, you also have the ability to place limit or stop orders on OTC stocks to operate within your risk management parameters. You will experience a similar process whenever you choose to sell an OTC stock.

Considerations

While investing in penny or Over The Counter stocks may seem like a rather simple way to exponentially increase the size of your trading account, it’s important to keep in mind that they are more volatile and riskier than stocks listed on the major exchanges. In most cases, OTC stocks are offered by extremely small companies with market caps of $50 million or less. Since these companies publish much less information than large companies on the NYSE or NASDAQ, they are also much less liquid, which may make it more difficult to find a buyer.

Due to the lack of information regarding OTC stocks, you should perform as much research as possible before purchasing one of these stocks. Ideally, you should only use brokers that actually own and specialize in penny stocks, because they provide added liquidity and are more familiar with the differences between OTC stocks and major stocks listed on the exchanges.

Companies offering OTC stocks should be thoroughly evaluated to learn whether or not they are fundamentally sound, have outstanding growth potential, or have addressed the former problems that may have led to them being de-listed. Before executing a buy order, review their financial data, especially their working capital, earnings per share, cash flow, and book value.

Practice Makes Perfect

If you are new to the world of penny stocks and the over-the-counter process, you should practice trading these types of stocks beforehand. Fortunately, there are numerous online virtual trading programs that offer you the ability to trade stocks, options, and futures without incurring any financial risk. As you become more familiar with the world of OTC trading, you will begin seeing the vast opportunities that exist right before your eyes.

from your own site.

Teacup pig was the number one shared thing on Digg

When we first launched Digg the social share site there were several things that went viral. Different viral videos and different funny memes. One of the most shocking things was pictures of teacup pigs. For some reason these little guys captured the hearts of many people. There has been a long growing debate on whether or not these micro teacup pigs actually exist or not. From the research we have done there seems to be some teacup pigs that actually do say smaller but most end up larger and the size of pot belly pigs. This trend came over from the europe. They have even been featured in a in a Chase bank commercial. That commercial aired during the olympics and we saw a huge spike in teacup pig interest. This will be interesting to watch. Will pigs some day be as common as cats and dogs as pets? They seem to be taking off in Asia right now.

Update: We forgot to mention Micro pig is a phrase we also connected to teacup pig.  There is a lot of hype and people love their pigs. Everyone who owns a pig seems to be impressed by their intelligence. They really are an amazing animal. Very intelligent. They can walk around parks. They are really good with child as well.

cheapteacuppigs