New York, NY (PRWEB) December 29, 2011
The coming year could create a lot of good opportunities for penny stock investors based on several significant macro-economic events. One of these, according to the Peter Leeds penny stock newsletter, will be a brewing civil war in oil-rich Libya.
The death of Muammar Gaddafi, after 42 years of his dictatorial control, brings with it a lot of uncertainty for the nation. According to the global intelligence agency Stratfor, the National Transition Council has been hastily set up, but both Libyans and the international community do not trust or fully recognize its authority.
GlobalSecurity.org explains that Libya is made up of 140 different tribes, giving it a fragile, fragmented government system, unique to the nation. Within those tribes, all of which have different priorities, there are various ethnic, regional, and ideological groups.
The prospect of a smooth transition are near zero, states Peter Leeds, of the world famous penny stock newsletter, Peter Leeds Penny Stock. Alliances have already started to fragment, and the post-Gaddafi honeymoon is wearing off quickly.
Leeds went on to state that, In this uncertainty, there will be opportunities for penny stock traders, as long as they get involved with the right penny stock companies, that will benefit from higher oil prices. If those penny stock oil producers are based in more stable regions, like America or Canada, they should do very well.
As reported by Reuters on December 16th, even the acting Prime Minister of Libya, Mahmoud Jibril, stepped down, citing that Libya is a conflict without boundaries.
Leeds suggests that penny stock investors keep an eye on Libya, and start positioning themselves now to profit from higher oil prices, instability in Libya, and the penny stock picks that will be in demand as a result.
About Peter Leeds: Peter Leeds is the author of “Invest in Penny Stock,” and editor of the world famous Peter Leeds penny stock newsletter. He has appeared on leading media outlets, spoken before the American Stock Exchange, and written for Forbes. Along with his team, they publish the Peter Leeds penny stock newsletter.
About the Peter Leeds penny stock newsletter: The penny stock newsletter profiles penny stock companies that are expected to increase in price. The Peter Leeds team takes no compensation from the penny stock companies that they profile. The newsletter features buy and sell price opinions and daily updates, and is read by penny stock traders from all over the world.