Penny Stock News

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Wednesday, September 23, 2009

CTT Two Dollar Stock

This one may not be like all the others, but still a penny stock. Here is a clip from a recent press release from CTT.

"FAIRFIELD, Conn., Sept. 16, 2009 (GLOBE NEWSWIRE) -- Competitive Technologies, Inc. (NYSE Amex:CTT) announced today that the Fondazione Parco Biomedico San Raffaele of Rome began offering professional training courses for medical doctors on the use of CTT's pain therapy medical device. Training for use of the device, known in Italy as "Scrambler Therapy, an innovative methodology for the treatment of chronic and elevated neuropathic pain," began on September 14, 2009."

CTT currently trades around two bucks. The stock has had a pretty good run over the last few months so I though I'd share it with you. I know most of you are used to true penny stocks, trading under one dollar, but I thought this one looked like it was worth sharing.

Always contact an registered investment adviser about the securities you are interested in! Registered investment advisers can help you avoid a giant mistake! Had those who purchased GVBP at $1 spoken with a registered investment adviser before buying the stock they could have avoided a 70% loss in their portfolio!

My two cents:
Investing in penny stocks is very risky and should only be done with capital which can be lost! Many penny stock investors can and do lose all of their investment!

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