What are some great penny stocks to invest in for a couple of years to make good profits?
6 More Penny Stocks Picks: “Buy The Hype, Sell The News”
There have been alot of penny stocks in play this week but unfortunately I haven’t been around but I did get to trade one penny stock on Wednesday. I didn’t have time to update the blog on the trade, but I did update via my twitter. I traded the nice breakout on penny stock INSM for a small gain – coulda/shoulda had more but that is what happens when trading penny stocks BUT anytime you have a profitable trade…then its a good one! Lets get to the penny stocks to watch for today. Remember that the market is closed on Monday, and keep in mind normally Fridays before a major holiday are very slow and not much volume is pushed through the market.
MRM 200%+ move here for this high paced penny stock. Reason for the move you ask? Earnings! They reported a “turnaround” performance in earnings making a net income in the Q1 compared to a loss during last year’s Q1. You all know how these earnings plays have been acting lately they just continue to go up and up reguardless if it looks toooo overbought. This penny stock is more of a buy then a short, but these aren’t exactly my favorite types to buy. With that being said I’ll keep this penny stock on watch just to see if it gives me an opportunity to scalp some money on the short side for a quick daytrade. I’ll be looking for a green-to-red move for a quick short and cover before a short squeeze that will most likely continue a push to higher highs.
NMTI this penny stock has been surging higher based on new analyst rankings and a bad earnings report. Bad? Yes, bad. Which is why this penny stock will eventually come back down and fall from its graces. Its got no reason to be pushing higher right now which is why a short play may be in effect for today. Watch that 2.00 level as it’s very important. I’d look to possibly either go short on a break on 2.00 in the morning on big volume, or a break of 1.90. Your choice!
ETWC & PCBI these penny stocks have made huge runs but do not qualify as buys OR shorts simply because they’re getting buyout offers. Normally these spike on the day of the news(yesterday) to the targeted buyout price and don’t ever move much from there. Reason I put these on the penny stocks to watch is because I’m sure they popped up on your screeners. They’re dead to me and don’t offer any trading opportunities for you guys/gals.
OGXI penny stock is zippin’ higher on drug news from last week. Has gone from 7-17 on the news, but im not interested yet….I’m just gonna sit back and watch all of these pennystocker’s that are short get squeezed. Because of that, it’s more of a buy then a short…but be careful because that sentiment could change any day now. There are 74,000 shares short right now (Read this post to figure out how I found the short interest), so there are plenty more to get juiced out there. Be patient and the shorting opportunity will come.
NGSX this penny stock has pushed around 100% over the last week for really not much reason. Earnings aren’t good at all as the company has still yet to turn a profit. In my opinion this penny stock’s run was on anticipation of the Europeans Commission decision on one of their drugs. Well, the approval decision came yesterday with a surprisingly negative reaction by traders. I guess this fits the common phrase: “buy the hype, sell the news” This could be setting up up for possibly another down day..and if so, a good shorting opportunity could arise on a break of 4.66!
Tweet This Post!
Related Posts
November 18, 2009
February 11, 2010
just one of those readers who is waiting for your upcoming update about penny stocks.. keep up the good work..
February 13, 2010
You have one of the many cents that had Kennedy’s bust put next to Lincoln due to the similarities of their deaths. There are also cents out there with an outline of different states on them, all 50.
April 10, 2010
Its really a fantastic blog which gives tips to win business race in todays life.I have got a good source that providing the valuable information. Thanks
May 27, 2010
Cars and houses are not cheap and not everybody can buy it. But, lowest-rate-loans.com was created to support different people in such hard situations.
June 27, 2010
Thanks for the penny stock information. In the future, I will be checking your site for new post.
August 2, 2010
What has happened to your blog? The last newest entry was May 2009?! So its been over a year since this blog has been active. I’m really looking forward to you starting this again.
August 18, 2010
Well, i agree with you up to a point, but I have to say that there are more pressing issues at hand today
networking
December 17, 2010
Hi,
I am emailing from a leading advertising agency based in London.
I am getting in touch with you as I am looking for quality websites,
such as yours, to place some adverts on your website and would like
to know if this is something which would be of interest to you?
The placement of our adverts are contextually matched to the content on
the page, therefore relevant.
Do let me know if you are interested to discuss any partnerships with us
as we feel the positioning of your website will have strong benefits for
both parties.
Please email me back with your thoughts or questions.
Kind regards,
Daniel
Daniel Revita
New Media Specialist
February 4, 2011
Have no money to buy a house? Don’t worry, because that is real to take the business loans to resolve all the problems. Therefore get a secured loan to buy everything you need.
May 11, 2011
Will you continue your blog any time soon?
June 10, 2011
This is a good & informative blog.
June 15, 2011
Thanks for sharing. I’m confident our readers will find value. Trading penny stocks is definitely not for the faint at heart…
June 24, 2011
It’s a fantastic & informative blog. Thanks for posting….
June 26, 2011
I wasn’t aware of some of the info that you wrote about so I want to just say thank you.
June 27, 2011
very good post, i was really searching for this topic as i wanted this topic to understand completely and it is also very rare in internet that is why it was very difficult to understand
thank you for sharing this.
Regard
<a href="http://www.nirmanbroking.com" title="Stotock Market
July 19, 2011
Really awesome….
July 19, 2011
Really stuff….
July 23, 2011
Hey, very nice site. I came across this on Google, and I am stoked that I did. I will definitely be coming back here more often. Wish I could add to the conversation and bring a bit more to the table, but am just taking in as much info as I can at the moment.
Thank You
Regards:
stock tips
August 9, 2011
I want to make a blog related to the penny stocks and the stock alerts for the different stock markets. I am getting ideas online for it.
ENTB
August 13, 2011
Definitely a quality site you have. Always a fan of quality thesis skins
August 18, 2011
Nice blog would like to add that NSE and BSE are one of the most superior stock exchanges of India. If you wish to earn good money from the share market then you need to understand the functionality of the stock market properly.
Indian stock market offers lot of earning opportunities still many less traders earn from it. Now the question is who earns from the share trading? To be honest only those who rely on stock research as no one can earn big by speculating in the market.
Regards
SHARETIPSINFO TEAM
August 29, 2011
Good thoughts….
August 31, 2011
It’s a very good work….
September 16, 2011
Thanks….
ENTB
September 16, 2011
Dear Blog owner Thanks so much for this.! Your blog as usual was educational, I have had to bookmark your Blog and subscribe to your feed in i feed. Your content is awesome and theme looks lovely. It my pleasure that you visit my site Gold Tips Silver Tips
Thanks and Best Regards
September 17, 2011
Exceptionally revealing cheers, I do think your current subscribers would probably want a lot more stories such as this keep up the good content.
September 18, 2011
Extremely revealing thanks, It looks like your followers will probably want even more stories of this nature keep up the excellent effort.
September 18, 2011
It was a very nice idea! Just wanna say thank you for the information you have shared. Just continue writing this kind of post. I will be your loyal reader. Thanks again. and welcome to my Blog: Intraday Tips
September 20, 2011
Great post thanks very much
Day trading for a living
September 20, 2011
September 21, 2011
Dear Blog owner Thanks so much for this.! Your blog as usual was educational, I have had to bookmark your Blog and subscribe to your feed in i feed. Your content is awesome and theme looks lovely. It my pleasure that you visit my site
Thanks and Best Regards
September 23, 2011
Really, Your post are awesome… Thanks for sharing this information.
September 25, 2011
Genuinely educational cheers, There’s no doubt that your current visitors may well want significantly more stories along these lines continue the excellent hard work.
September 29, 2011
Best regards. Keep creating blogs like this awesome post. Thanks in advance….
October 19, 2011
Superb post. it’s really my pleasure to gain more information through your great post.
October 26, 2011
Good thoughts. Thanks for sharing….
November 9, 2011
Don’t you know that this is the best time to receive the business loans, which can help you.
November 10, 2011
Rally Fantastic post. I am glad to visit all the post & article so many time & collect more information through your nice post.
November 10, 2011
Great information provided on your blog. The info provided here is really new and very much valuable. It is the power of your content which attract me again an gain toward your blog.
I will be glad if you visit my blog MCX Live Tips
November 17, 2011
Wow…. Awesome post & your writing style is fantastic like as usual all your post. carry on.
November 29, 2011
I want to thank you for sharing this penny stock picks. I can see that these picks are good choices. I wish that there is more post with picks like this.
December 13, 2011
Nice Post! I really appreciate your blog and the quality information provided by you. Will love to read next post too.You can also visit my website for latest market updates and live NSE BSE Tips
December 13, 2011
Superb discussion about penny stocks. I would like to read all of your provided penny stocks as well as I expect. Thanks mate
December 21, 2011
Nice Post! I really appreciate the quality information provided by you. It is very helpful and must need appreciation. You can also visit my website for latest share market trading trend and live NSE BSE Tips
January 11, 2012
Nice Post! I really appreciate your blog and the quality information provided here. Will looking forward for more good content from you. You can also visit my website for latest market updates and Nifty Range Today
January 19, 2012
The above thought is smart and doesn’t require any further addition. It’s perfect thought from my side.
January 24, 2012
I really liked your freakkin sweet blog! The info you provide is splendid ! I think im gonna stick around and read about 4 of your posts. With gratitude. I guess the name says it all. New York, more popularly abbreviated as NYC after its largest city is without doubt, one of the most popular and happening destinations of the world. Many refer it as the Big Apple. Whether you’re a seasoned traveler or a mere first timer, NYC would just have to fit into your radar. It’s a city that never sleeps and is sure to spoil you for choice with what it has to offer during your stay…from food to fashion to entertainment. So come along and be a part of this pampering because it’s but sure to make an indelible impression on your mind.
January 25, 2012
A typical digital watch may have modes for time, stopwatch, date, alarm and timer, to name a few. Look on your watch for a button labeled “mode.” Press it several times to see what’s available. Typically the watch will display the name of each mode as you push the button repeatedly. When you’ve found the mode you want to adjust, stop there. Thanks a lot.
Regards,
January 26, 2012
I extol the valuable post you offer in your articles. I will bookmark your site and have my family check up here regularly. I am rather sure they will study lots of new stuff here than anybody else!
January 26, 2012
Low liquidity also translates into easy manipulation of penny stocks due to most penny stocks being thinly traded. Often you will see advertisements for hot stocks, these penny stocks will often post gains during the promotion. Thanks.
January 27, 2012
An individual or organization buys up hundreds of thousands, or even millions of shares, then uses web sites, press releases, and e-mail blasts to drive interest to the company. Very often, faulty or misleading information is provided, resulting in investors buying shares in the underlying company. Thanks.
January 30, 2012
Sociology analyzes organizations in the first line from an institutional perspective. In this sense, organization is a permanent arrangement of elements. These elements and their actions are determined by rules so that a certain task can be fulfilled through a system of coordinated division of labor. Thanks.
February 15, 2012
The extent of antipositivist criticism has also diverged, with many rejecting the scientifically driven social epistemology and others only seeking to amend it to reflect twentieth century developments in the philosophy of science. Thanks for sharing.
February 17, 2012
I really liked your freakkin sweet blog! The info you provide is splendid ! I think im gonna stick around and read about 4 of your posts. With gratitude
Cheap Flights to New York || New York Flights
February 17, 2012
Make sure you can legally podcast a creative work. If the podcast is an original creative material, there is no problem. With any entertainment medium, all words, music, or video can only be broadcast with legal permission. Thanks a lot.
Regards,
Arthur Lismer
February 17, 2012
Get a Creative Commons license. Creative Commons is a United States charitable company that provides licenses for creative works according to the restrictions you set. These are often used for podcast works in order to allow easy, but protected, distribution. Thanks a lot.
Regards,
Paul-Emile Borduas
March 31, 2012
Thanks so much for this! I haven’t been this moved by a blog for a long time! You’ve got it, whatever that means in blogging. Anyway, You are definitely someone that has something to say that people need to hear. Keep up the good work. Keep on inspiring the people!
April 30, 2012
Penny stock companies often have low liquidity, making it difficult to sell shares. In extreme cases, investors may encounter difficulty liquidating their positions. Thanks.
Regards,
michigan auto insurance quotes
May 3, 2012
thanks for this post. I especially think #1 is a great tip., This post makes a great point about focusing your efforts.
stock tips,equity tips | Currency Trading Tips,Forex Tips,Forex Pairs
