John Paul Whitefoot

JP

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Articles by this expert

SelfGrowth articles and saved writing connected to this expert.

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For the most part, penny stocks enjoy the same rights and privileges as their larger cap peers. Broken down to its most basic elements, whether you’re looking to invest in Berkshire Hathaway or a dust covered penny stock, you want a company that has a good cash position, growing revenues, profitable, strong fundamentals, and great short and long-term growth potential. One of the few areas where penny stocks tend to trail their larger brethren is in the world of dividends. F

November 12, 2010

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Tough economic times might stop people from going out less often and it might put a stop on non essential purchases, like a first edition of Fitzgerald’s The Great Gatsby in dust jacket, for example, that could be yours for just $500,000. What hard times won’t do though is stop gamblers from betting and smokers from puffing. In fact, economic turbulence might give them even more reason to indulge. That makes so-called sin stocks, or shares of alcohol, gaming and tobacco c

July 12, 2010

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Necessity may be the mother of invention. So too may recessions. After all, it was the Great Depression that helped to give rise to the Twinkie, Monopoly and the photocopier. In fact, electric razors, tampax, car radios, and chocolate chip cookies were all created or invented during a recession or depression. One article I read noted that over half of the companies listed on the Dow Jones Industrial Average were formed during a recession or depression. By some accounts, the w

May 21, 2010

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It was forty years ago on April 22, 1970, when U.S. Senator Gaylord Nelson founded Earth Day, for environmental awareness and appreciation of the Earth. Earth Day, which is celebrated in over 175 countries every year, has inspired many countries to become environmentally conscious and to develop and produce alternative sources of energy. Coinciding with the 40th anniversary of Earth Day, Vice President Joe Biden announced that the administration intends to invest $452 million

May 18, 2010

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The recent recession has taught me many things. Not enough to know when exactly to predict a recession, when to pull out, jump in, buy or sell, but it has taught me to be more skeptical than normal of anything coming from the lips of the suits and CEOs on Wall Street. My favorite commercial on TV right now is an excellent example of how not telling the full truth is misleading and akin to wilful deception. And can be thrown on the corporate trash heap of lessons not learned.

May 18, 2010

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Glorious spring is still two long months away, but March’s adage “in like a lamb, out like a lion” (or the reverse) might just be a predictor for 2010 if recent surveys are to be believed. According to a new survey, financial executives are bullish about the coming economic recovery and expect their companies to perform well through the rest of this year. The survey of more than 200 senior decision-makers found that 60.4% of executives expect the economy to return to no

February 2, 2010

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The current economy continues to be more than a little bewildering. While economic indicators suggest the gears of recovery are slowly grinding, there are some top economists who believe the country’s financial crisis is far from over. Looking back, 2009 was a great year for penny stock investors and represented the best opportunity in decades for many fundamentally solid penny stocks. In 2009, the S&P 500 returned 26.5% and the Russell 2000 Growth Index returned 34.5%. Goi

January 21, 2010

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Where I live there’s a huge empty lot that while cleared for construction, never amounted to anything. There’s a flashy sign on the lot too, “New Auto Mall Coming in Spring 2009”. In 2007 the idea of a consolidated auto mall in the area seemed like a good idea. Not so now. The empty field and sign does make for a good picture though – a visual time capsule of unrealized optimism. Yes, hindsight is 20/20. And it could have helped out a lot of penny stock and large ca

January 14, 2010

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My grades in high school chemistry were less than stellar. The only thing I really recall is memorizing the periodic table. Had my science teacher informed me that the obscure rare earth elements would eventually set Wall Street on fire, I may have been more attentive. Rare Earth Elements (REE) or rare earth metals are a collection of seventeen chemical elements in the periodic table, namely scandium (#21), yttrium (#39), and the fifteen lanthanoids (#’s 57 -71 on the perio

December 28, 2009

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After climbing to a 13 month high earlier this week, the major indexes have fallen for three consecutive sessions amid worries about the economic recovery, the strengthening dollar, and the technology sector. Does that mean the current eight month rally is beginning to wane? While new yearly highs are generally something to cheer about, there’s still an overarching fear that the current market run can’t last. If there’s one thing large cap, mid cap, and penny stock inve

November 24, 2009

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With investors still spooked about the ongoing validity of the current bull market, the best way to pass the time is to hunker down with the new broadcast television season. The recession blues came to life this week in Kelsey Grammer’s new (and sure to be short lived) weekly comedy “Hank”. Grammer’s character plays a (not surprisingly) pompous, laid-off Wall Street CEO forced to stay home. While I have great fondness for Cheers, and Frasier…Hank makes me want to ge

October 2, 2009

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I love watching Law & Order. I love it when the police and lawyers are a little shy of concrete evidence and the truth hinges on whom you chose to believe. It’s always a matter of ‘he said, she said’. Do you believe the well heeled philanthropist or the street person whose lineage is of a dubious nature? A number of differing views surfaced this week with regards to the economy. Like a Hollywood script penned by Freud, the opinions come from experts filling the void of

September 28, 2009

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