9 Hot Penny Stocks Picks For You While I’m Taking Final Exams

by PennyStocker on May 5, 2009

in Watchlist

Exams start today so I have to keep it short cause I’m studying!! For all you pennystocker’s lucky enough to not have to take exams, here’s some penny stocks to watch!

NSHA – surged 95% yesterday on NO news.  This penny stock has a wicked down-trending chart, so definitely watch for bitter bagholders to dump this. Because of that it’s a potential short.

ABR I keep thinking this penny stock is going to tank, but it defys the odds and keeps chugging along. It’s coming up on the 200 day moving average resistance which may just stall this 200%+ run over the last week. Watch for a green-to-red short, probably.

CLUB wow this penny stock close 1 cent below the 200 day moving average. Now on a close to 100% run from last week, and today may be the day we see a red day. Watch this penny stock for a short play especially after they announced that earnings plunged.

EQUR little pinksheet penny stock breaking-out, but didn’t have enough of an increase in volume for me to give this breakout any validity. Nevertheless keep this penny stock on your watchlist.

INSM failed to continue it’s breakout from Friday after getting rejected yet again at the 1.50 pricepoint. BUT if it somehow gets past that today on big volume then it’s a total buy.

LNET is a penny stock that had great earnings and showed continued strength yesterday after breaking out of the 4.20 resistance. If this penny stock would’ve seen more buying pressure yesterday it’d be a no brainer buy, but instead just watch how it acts at the open. If it’s getting some buying pressure then it may continue to trend upward, therefore would be a good buy.

NCOC more of a buy now than a short even if it’s gone up over 100%+ in two days. Reason being is that Goldman Sachs gave coal stocks an upgrade so these coal related penny stocks probably still will run for atleast another day. Because of that this would be a good buy on a cross of 2.60.

RUTH had its first red candle yesterday from its huge run over the past week. I expect possibly another downward move today on a break of 3.60. or a green-to-red short move. Keep this penny stock on watch.

TPGI 3- day run on no NEWS and a horrible downtrending chart. Look for a short play to come upon on a break of 2.00…but only if the volume is there on the break.


{ 15 comments… read them below or add one }

Muddy May 5, 2009 at 5:49 am

Good luck with your finals.
As usual another quality watchlist you put up,day after day
For an awesome penny breakout,look at SNSR…from .05 to .17 in 7 days with building volume the last week…when this drops this should drop fast/hard,but it sure has a big run chart so far.

B Struthers May 5, 2009 at 1:28 pm

Between you and http://www.pennyprophet.com – I have made some great gains. Keep it up!

Jonathan October 5, 2009 at 7:58 am

Yeah, good luck. Knowing the best penny stocks picks is the key to making it big in your first venture as a stock trader. Penny stocks are those that have great potential to earn a huge return of investment with such little input. Thanks for sharing.

Jonathan
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Hot penny stocks May 18, 2010 at 11:36 pm

Good luck,

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