“Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett
If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.
Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.
Listed below are some hot penny stocks to buy now or just plain old penny stocks to watch listed just after a few of the many points each and every penny stock investor needs to discover.
- Do your own research.
- Trade Responsibly.
- Verify everything.
- Move Fast or Get Left Behind.
- Do not use market orders to enter a position, use limit orders.
- Have a System That fits You.
- If a Stock Gaps Open, Look for Pullbacks to Enter.
- Plan a Trade and Trade a Plan.
- Always use stop loss orders to protect yourself.
- Positive Self- Belief.
- Keep trading as Part of a Balanced life.
- If a stock breaks below our alert price GET OUT. Do not wait.
- View Trading as a Score in Points and Not In Money:
- Always take your profits whenever you can. Do Not Be Greedy.
- Work Hard at Learning How to Trade Properly and Keep Working.
- Do something to make someone else’s life better today.
The following are the best penny stocks to buy now or just hot penny stocks to watch when the market opens Tuesday, January 24, 2012 which permit a true opportunity for a penny stock trader to buy/sell.
North Springs Resources Corp. (OTCBB: NSRS)
NSRS traded 15,083,036 shares to close Today’s trading session down 18.42% at 0.62.
NSRS shares reached as high as $0.76 in the stock market today.
NSRS has a Market Cap of $431.52M with a 696.00M share float.
North Springs Resources is a controversial topic in the penny stock world since it CEO Harry Lappa surfaced in October, 2011 with some creative stock splits. NSRS ran up from $0.05 in September to what we see now which is only down 4.17% from its 52 week high.
Investing in one of the most volatile penny stocks of recent times is a risky venture since NSRS, and their 1 employee, is a development stage company focused on pumping their stock while claiming to be focused on mining deals in Nevada.
Last week, NSRS announced signing a Letter of Intent to acquire a 10% interest in a high-potential gold exploration property in Ghana, Africa. Terms of the LOI call for North Springs to advance $150,000 to Discovery Gold within ten days and make an additional payment of $100,000 within thirty days.
The proposed transaction remains subject to, among other things, North Springs and the current property holders entering into a definitive agreement. There can be no assurance that the transaction will be completed as proposed or at all. If and when a definitive agreement is memorialized, additional details regarding this transaction will be forthcoming.
Update: Terms of the original LOI contemplate North Springs acquiring up to a 10% interest in the Edum Banso by advancing $150,000 to Discovery Gold within ten (10) days, making an additional payment of $100,000 within thirty (30) days, and funding a multi-phase $1,000,000 work commitment in 2012. Terms of the amended LOI also call for North Springs to acquire an immediate 25% interest in the Edum Banso by issuing 10,000,000 restricted common shares of Company stock to the current shareholders of Discovery Gold.
Source: Marketwire
Cannabis Science, Inc. (OTCBB: CBIS.OB)
CBIStraded 13,137,368 shares to close Today’s trading session down 12.07% at 0.051.
CBIS shares reached as high as $0.059 in the stock market today.
CBIS has a Market Cap of $12.34M with a 241.92M share float.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. Cannabis Science sales for 2012 are forecasted to be $6,846,000 and has the potential to increase to $65,740,000 in 2014. This sales forecast translates into positive earnings of $.02 per share earnings for 2014.
Cannabis Science, Inc. has been profiled in detail in our “Penny Stocks To Watch” category.
Click Stock To Watch: Cannabis Science to view a more complete profile on CBIS.
AMR Corp. (OTC PINK: AAMRQ)
AAMRQ.PK traded 24,501,231 shares to close Today’s trading session up 23.15% at 0.574.
AAMRQ shares reached as high as $0.594 in the stock market today.
AAMRQ has a Market Cap of $192.42M with a 335.23M share float.
For those who Swing Trade, AAMRQ.PK is a must watch penny stock as the Day’s Range was 0.47 – 0.59. A cool easy swing trading stock to lock 10% almost every day if you know how to spot the top and bottom.
On November 29, 2011, AMR Corporation, along with its affiliates which includes American Airlines, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court. AAMRQ was profiled in detail here as “The Best Penny Stock For 2012”.
Since being delisted from the NYSE, AAMRQ has gained 64%. Click Best Penny Stock For 2012 to read a detailed reason why.
Advanced Cell Technology, Inc. (OTCBB: ACTC.OB)
ACTCtraded 65,492,240 shares to close Today’s trading session up 23.45% at 0.179.
ACTC shares reached as high as $0.186 in the stock market today.
ACTC has a Market Cap of $301.91M with a 1.69B share float.
ACTC had multiple sources from The Finanical Times, Wall Street Journal and New York Times boasting of their Stem Cell Treatment for Eye Disease showing promise in its clinical studies.
Advanced Cell Technology, Inc., a biotechnology company, has been profiled in detail in our “Penny Stocks To Watch” category.
Click Stock To Watch: Advanced Cell Technology to view a more complete profile on ACTC.
Eastman Kodak Co. (OTC PINK: EKDKQ)
EK traded 33,710,482 shares to close Today’s trading session up 11.18% at 0.348.
EK shares reached as high as $0.363 in the stock market today.
EK has a Market Cap of $93.94M with a 269.95M share float.
Another Favorite to Swing Trade, EKDKQ is a must watch penny stock as the Day’s Range was 0.29 – 0.36. Another easy swing trading stock to lock 10% almost every day if you know how to spot the top and bottom.
Like AAMRQ, Eastman Kodak was recently delisted from the NYSE and filed for Chapter 11 in U.S. Bankruptcy Court. EKDKQ was profiled in detail here as “The 2nd Best Swing Trading Penny Stock For 2012”.
Click Stock To Watch: Eastman Kodak (NYSE: EK) to read a detailed reason why.
Eastman Kodak Co.’s Governance Risk Indicator (GRI®) as of Jan 1, 2012 is:
- Audit (Low Concern)
- Board (Low Concern)
- Compensation (Medium Concern)
- Shareholder Rights (Low Concern)
Amwest Imaging, Inc. (OTC PINK: AMWI.PK)
AMWI.PKtraded 999,776 shares to close Today’s trading session down 11.11% at 0.08.
AMWI shares reached as high as $0.09 in the stock market today.
AMWI has a Market Cap of $39.65M with a 495.56M share float.
Amwest Imaging has been a Hot topic in the penny stock world since it surfaced in late November, 2011. AMWI ran up to $1.38 in early December only to bottom out and change listings from OTC to PINK SHEETS. Investing in one of the most volatile penny stocks of recent times is a risky venture since AMWI has a significant number of shareholders much higher than its current trading price.
Amwest Imaging Inc. and their 1 employee is a development stage company focused on pumping their stock while claiming to help companies become efficient through digital conversion and indexing of documentation.
AMWI is a picture of what many penny stock traders who have been chasing NSRS are likely to see in the coming trading sessions.
About AimHighProfits.com
AimHighProfits.com strives to provide you with the hottest stock alerts in the market in Real-Time. We focus on stocks that trade for $5 per share or less, some as little as a few pennies with upside potential. Our goal is committed to producing and publishing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions and to inform you of the best stocks in the market before they move. Our focus is primarily on OTC stocks in the stock market today which have traditionally been ignored by Wall Street.
We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average daytrader is made aware of them.
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