pennystockjockey

Top Stories A week ago, www.pennystockjockey.com profiled ECRY.OB. And it moved up nicely in the next two days. Then something went horribly wrong, and it came crashing down to the same level it was when it was profiled. Was this a bad thing? Perhaps. I mean everyone that bought on that alert had a chance to make money...good money, fast. (Isn't that the best type?) Should it have kept going up? Unequivocally, yes! But it didn't. Reasons? Could be shorters, could be people that were holding... Read Full Story

Top Stories On May 17, 2010, I witnessed one of the most sedate days I’ve ever experienced on the market. I operate in the world of penny stocks. Those stocks traded primarily in the Over the Counter Bulletin Board and Pink Sheets markets. The volume had dried up and everyone kept saying it was due to Europe’s bailout package of the so called PIIGS nations (Portugal, Ireland, Italy, Greece and Spain). I really doubt that since your average penny stock speculator doesn’t play in the same realm... Read Full Story

Top Stories Anyone who’s in the markets noticed that the DOW opened significantly lower on May 6th, 2010. That in itself isn’t a noteworthy anomaly. What is significant is that around 2:30pm EST, the DOW plunged almost 1000 points in about 15 minutes. It’s the largest single drop in the history of the DOW. Now its time to put on our CSI hats and try to figure out exactly what happened. Four possible explanations have been put forward by the pundits. I intend to analyze each one of these... Read Full Story

This is the perfect time to get into gold.  Here are five reasons why: 1.        Hedge books close.  Most major gold producers have closed their hedge books.  This implies they believe spot prices to rise, and for those prices to remain stable, or on an uptrend. 2.        The record deficit in the USA has just been increased by $1.2 trillion dollars.  That’s not the deficit…that’s the INCREASE in the DEFICIT. And with four Euro economies on the verge of bankruptcy, there is little choice for... Read Full Story

It’s time to make cents of penny stock math. The one characteristic of all millionaires, no matter what field, is their ability to know when they’re making money and when they’re not. They ensure they’re not being “penny wise and pound foolish.” Unfortunately, most penny stock investors don’t think that way. Lets do the math. Sure penny stocks are cheap. But only if you buy right and then sell right. So lets review the rules of penny stock math. Rule 1: Buy right. By this, I don’t mean you... Read Full Story

Gold. Everyone’s talking about it, and a lot of people are investing in gold and gold stocks. Even gold penny stocks are doing well. But is gold really a golden opportunity? I think it is, and here’s why. You have countries like India and Sri Lanka and China buying gold from the IMF like it is going out of style – it is not really, but much better than holding the alternative – the US dollar. India actually started the buying rally and is being hailed as a visionary as the price of gold has... Read Full Story

Most Penny Stock companies start out the same way: An entrepreneur lists a company on a (usually) junior exchange to raise financing for a new venture. If they're competent, they know they'll want to promote the share price so that the stock is worth more than the company. In this way, management can sell its shares to investors and maintain as much control over the company as possible. Then using the capital, and incentivizing themselves with cheap options, management attempts to develop a... Read Full Story

Unless you've been living under a rock, you've no doubt noticed the action taking place in the penny stocks sector. There are a few things to take particular note of: The action isn't discriminating against any penny stock company or favoring any penny stock sector Its happening during what some call the beginning of a bull market Its happening during what some are calling a bull rally in a bear market What this tells me, and what it should tell you, is that money doesn't discriminate among... Read Full Story

Amazingly enough, a number of American financial sector stocks were thrown into penny stock realm in the past two weeks. In the past few months, even bigger banks declared bankruptcy. The SEC defines penny stocks as “low-priced (below $5), speculative securities of very small companies. While penny stocks generally are quoted over-the-counter, such as on the OTCBB [ www.otcbb.com ] or in the Pink Sheets [ www.pinksheets.com ], they may also trade on securities exchanges, including foreign... Read Full Story