4 Penny Stocks: 1 A Potential Buy and 3 To Possibly Short

MDVX – definitely a potential buy on this clear breakout! I loved the volume that came in yesterday with the run over the 4 month long resistance @ 1.22. I want to see it open today at 2.30 or higher – if it does that this stock is in true breakout form. See what these suckers bid pre-market!

AINV – I can’t wait to short this penny stock, it flatlined all afternoon yesterday meaning it’s either going to make a strong move up or a strong move down. Whenever the strong move down comes – I’ll try to be all over it. Reason this penny stock has ran over 100% is because of an upgrade. It’s a good possibility this move will be a nice green-red short, we’ll see.

PNX - I really scammy company here that has gone up from .50 to close to 2.00 – Why you ask? Well, the CEO retired. Yep, I feel the same way you do – I don’t know why it’s going up either! On top of that the were downgraded, they have no cash, and are debt filled. This penny stock needs to cool off sometime, maybe today? Potential short

ZZ – This is an earnings play here, but watch it as it has the 200 Moving Average looming above its current price. Normally I wouldn’t short an earnings play, especially when they annouce a surprise profit. Watch if it gets over extended today particularly if it climbs up towards the 200 Moving Average in the 3.95 area.

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