Feb 26

Why Penny Stocks May Be Good Stocks in Hard Times

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The stock market continues to struggle as investors try to shake off the latest round of gloomy economic news. While several Big Names generated bad news (including insurer American International Group Inc., which reported a larger than expected fourth-quarter loss), the OTCBB market went about its business of making money in penny stocks.

This business included some tasty gains in midday trading. Penny stocks traders were cheered by the wholesome profits of pink sheets stocks such as Nova Energy (NVAE:OTCBB) at 41.67%, and iBioPharma, Inc. ( IBPM:OTCBB) at 37.93%.

Seasoned penny stock investors know that, even in tough market conditions, penny stocks and cheap stocks have the potential to surprise you. The turnaround of the once-toxic assets of Credit Suisse is a classic example of how cheap stocks can become a profit-making opportunity.

As you may remember, Credit Suisse used a huge chuck of its toxic assets as 2009 bonuses. These were assets that had become severely devalued as a result of the overall semi-collapse of the global markets. Needless to say, these stocks were selling for pennies on the dollar What most people think of as “penny stocks”), making them (so Credit Suisse thought) “worthless”.

Fast-forward a few months… the same “penny stocks” have increased in value – and this pig of toxic assets is looking very much like a Princess of Profit.

It just goes to show that, while mainstream Wall Street may scorn penny stocks, low-priced stocks often offer some amazing opportunities for sharp, aggressive investors.

Rewards – and riches – usually go to the bold. Seeking the highest return on a portfolio, instead of settling for less, is an approach favored by those willing to look realistically at a profit opportunity and act with determination.

At the end of this trading week, Wall Street will have a lot of people who lost money, some who barely broke even, and a few who managed modest gains. Meanwhile, out of sight, penny stock investors will be quietly banking 30% gains and more.

Which group would you rather be in? If you prefer to be in the group that avoids market hype, grabs the best penny stocks to buy, and carves their own destiny, you need to subscribe to our penny stock newsletter right now.

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Feb 23

Oil Fizzles, Penny Stocks Look Good

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After trading near the flatline yesterday, the stock market continues its slow decline again today.

Consumers are gun-shy as gas prices rose, even as oil prices stopped short of $80 a barrel. Commodities are always sensitive to supply and demand influences, so we can probably expect to see mainstream oil stocks fall. It’s not particularly surprising that the market is particularly cautious around these volatile energy prices.

In this scenario, it makes sense for traders in penny stocks to look at the cheap stocks available on the OTCBB and Pink Sheets Stock Exchange. Serious penny stock traders can find some of the best penny stocks to buy in the Penny Pic newsletter. (Subscribe to this amazing FREE resource and get immediate access to the best penny stocks to buy right now.)

Meanwhile, the Conference Board reported its Consumer Confidence Index for February fell much more than expected. Naturally, this news didn’t help stocks or energy commodities, which dropped following the report.

Oil prices rose for more than two weeks as a steady series of reports suggested that manufacturing, home building and other pillars of the American economy were improving. But the high unemployment numbers in the U.S. have barely shifted, and if a slump in consumer confidence continues, it may foreshadow another summer in which Americans cut back on travel and hospitality-related buying.

The news wasn’t all bad, though. In an encouraging sign, the dollar moved higher against the euro today. This is good news because crude is traded in dollars, so it becomes less expensive when the dollar rises. In turn, this forces investors holding other currencies like the euro to pay more for the same amount of oil.

With so much uncertainty, it makes sense for investors to be cautious about where they place their bets. And it makes even more sense to try to squeeze the most return out of every investment dollar.

This means that, in this “best of times/worst of times” type scenario, smart investors are looking towards micro-cap stocks and penny stocks to produce the most potential. These investors know carefully chosen investments in micro-cap stocks and penny stocks can yield substantial gains, while protecting the bulk of their nest egg.

Click this link to get the profit-making information about the best penny stocks to buy right now!

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Jan 29

Anybody Got a Map?

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So, after all of yesterday’s announcements, confusion still dominates the stock market today.

Obviously the major indexes have suffered some damage. Investors remain uncertain, and the Dow Jones and NASDAQ markets continue to hunker down. Disappointing reports on unemployment and lack of any real private sector growth have investors spooked about any sort of economic recovery.

So, the question is, “Where do we go from here?”

Well, while the big indexes are nursing their bruises, over on the OTCBB, penny stock investors are skipping down a profitable Yellow Brick Road. Unico, Inc. (OTCBB: UNCO) is up again (25%), and Cytta Corp. (OTCBB: CYCA) enjoyed a healthy 40% bounce in midday trading.

And, perhaps to counteract the prevailing doom and gloom of the economic news cycle, penny stocks traders are flocking to newcomer Camelot Entertainment Group, Inc (OTCBB: CMGR). Anybody got some popcorn?

Maybe penny stock investors are natural-born optimists, or maybe they just love a bargain in cheap stocks. Or maybe they’re just made of stronger stuff than the average bear. Whatever the reason, the penny stock market is humming along nicely.

This makes sense, because, in treacherous times, who in their right mind would overpay for assets? It makes sense to look for low-priced stocks, particularly the ones with promise for the future.

This is the perfect time for investors to use a short-term strategic trading approach, while remaining mindful of market volatility. Regardless of the long-term implications and prognostications of any of the Washington pooh-bahs, smart penny stock investors know where to find gold among the economic muck. And that means cheap, value-laden stocks with potential.

Did you already subscribe to our free newsletter? If not, you should. Each newsletter includes a detailed analysis of promising new micro-cap and penny stocks to help our subscribers create clear-cut short term and mid-term, easy to follow trading strategies and target levels. 

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Jan 27

Penny Stock Investors Hold Steady as Wall Street Slides

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Overall, the stock market remains wary today as it waits for the Federal Reserve’s announcement on interest rates and the President’s State of the Union Address. But while Wall Street trembles, penny stocks remain healthy.

Most analysts expect the Fed to keep rates pretty much where they are now – at historic lows. Even so, the market will be examining every nuance of the Fed’s assessment of the economy for clues as to when the Fed will begin to reduce its support of the financial system.

Additionally, traders across the globe will be tuning in for President Obama’s primetime State of the Union Address. The President is expected to expand on his plans to tighten up on the American banking system.

Meanwhile, the housing market remains weak. Sales of new homes dropped 7.6% in December, bringing new worries about how fast the economy is really recovering. And in midday trading, the Dow Jones industrial average fell 19.12, or 0.2 percent, to 10,175.17. Standard & Poor’s 500 index fell 2.10, or 0.2 percent, to 1,090.07, while the NASDAQ composite index rose 1.36, or less than 0.1 percent, to 2,205.09.

In contrast to Wall Street’s jitters, the penny stock market remains steady, with many stocks holding firm, and some showing some breakaway power.

The major markets were badly rattled by President Obama’s announced intent to restrict the trading activities of major financial institutions. The uncertainty that Fed chairman Ben Bernanke may not be reconfirmed for a second term, has not helped. In response, stocks have fallen in five of the last seven days, showing just how gun-shy investors on the major exchanges are.

But penny stocks are still delivering for investors. The energy and mining sectors remain strong with good penny stocks to buy. For example, in midday trading, Unico, Inc (OTCBB: UNCO) was up 25% and Bonanza Oil and Gas (OTCBB: BGOI) was up 36.32% even on relatively light trading volume.

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