Check out the link below for an older article created by Businessweek Magazine regarding penny stocks and the players involved in this crazy market. It’s a bit long but its a really eye-opening article that explains how the penny stock market actually functions. Although this article is 15 years old I guarantee this is the …
I wanted to wish a happy new year to all my readers. It’s been a great year for trading penny stocks and I believe 2013 could be an even better year in the land of the world’s most volatile stocks. Hopefully, I can start to make more posts about penny stocks on twitter and my …
While trading penny stocks today I bought a pump called FARE. This was yet another stock promotion by one of the world’s greatest penny stock promoters. I like buying penny stocks like this since free penny stock alerts get a lot of attention. It’s not unusual for the penny stock market to become more active …
While UNXL isn’t a classic under $5.00 stock this one was extremely volatile like they normally are when trading penny stocks. I shorted 2000 shares of UNXL at 13.45 today when the stock got into what I refer to as the “sell zone.” You can learn more about the sell zone in my trading course. …
SAFC is a penny stock that was up from $.12 to a high of $.335 today intraday and is now trading at $.20, well off it’s highs. The volume on this pump is 3,200,000 shares which probably amounts to about $400-500k of volume. In general I take $10k positions in lower priced penny stocks and …