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House Prices & to Buy Penny Stocks

House prices in U.S. fall to the lowest level since 2002 while U.S. consumer confidence fall too. House prices are low in the first quarter in 2011. With consumer confidence, this will hint us that economy will continue to down and stocks are down either. Since the housing bubble burst in late of year 2006, the home-price index reached to the lowest points.

Standard & Poor's Case-Shiller national home price index of 20 metropolitan areas drop during March declined by 4.2% in the first quarter of 2011 (fell 3.6% in the 4th quarter of year 2010) and fell for 8 months in a row.

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Penny Stocks to buy.


Right now, twelve cities are at the lowest levels in almost 4 years are Atlanta, Charlotte, Chicago, Cleveland, Detroit, Las Vegas, Miami, Minneapolis, New York, Phoenix, Portland, Ore., and Tampa. According to the S&P/Case-Shiller index, prices of single-family houses in the 20 major U.S. cities fell 0.2%. However, Washington city gain more than 4.3% in the past 12 months.

In 31th May 2011, buying penny stocks is moving as this.

NeoMedia Technologies Inc. (OTCBB:NEOM) is down 33 percent at $0.138.

MultiCell Technologies, Inc. (OTCBB:MCET) gain more than 150 percent.

Washington Mutual Inc. (OTC:WAMUQ) is up 22 percent at $0.1577.

Jammin Java Corp. (OTCBB:JAMN) is down 4 percent at $1.94.

Source: North Orange County Real Estate Blog, Penny Stock Classroom, Yahoo! Finance

1 comment:

mike said...

Great read thank you truly informative. New to the penny stock market and trying to gather information regarding FRCN. Brand new company that is more in it's development stage. Would anyone assist me with their sentiments pertaining to this emerging company FRCN???