The summer is about to kick-off and it is going to be the season of the $1 dollar penny stocks for those trading and investing for big gains. Shares of Rarus Technologies (Pinksheets: RARS) is not yet in that level, but you can be sure the stock price will be there before the end of the month.
We will start this with the obvious, the one stock that could actually jump from penny stock status to well above the $10 range with no promotional hype, email alerts, marketing hard mailers, or crap stocktalk website interviews with their CEO: Domark International Inc. (OTC: DOMK)
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DOMK has risen from a low on April 22nd of $0.632 to as high as $4.88 on Tuesday thanks to their wholly owned subsidiary, Solarwerks, which is scheduled to launch their flagship product, the Solapad, by months end. With monster gains during their rally of 672%, shares of DOMK are currently trading at $2.75 after trading over $10 million worth of their penny stock in the last session.
SEFE Inc. (OTCBB: SEFE), which is currently at the same price range as its debut, $0.86, has seen its penny stock rise to as high as $2.96 on April 25th. The shares of the patent filing company in search of securing the naturally occurring atmospheric energy has a huge campaign behind it from SMA which had some incredible gains on previous hard-mailers.
LuxeYard Inc. (Pinksheets: LUXR) has been compared in recent press to that of Amazon (Nasdaq: AMZN) with the gold-rush of flash sites. LUXR, which made its debut at $0.80 on April 15th, is a company focused on selling excess luxury goods from manufactures via their members-only website. LUXR traded $3.9 million worth of their penny stock in the last trading session to close at $1.84 after reaching as high as $1.97 intraday.
Oryon Technoligies Inc. (OTCBB: ORYN), another stock that debuted this week like RARS, has a revenues stream which includes the costumes used in the Disney movie “Tron Legacy” from their patented Elastolite. ORYN saw its stock price jump to as high as $1.21 with nearly $4 million worth of the penny stock traded before closing at $1.10.
American Liberty Petroleum Corp. (OTCBB: OREO) has had its stock price bounce around since topping off at $1.99 on March 26th. American Liberty, leaseholders of thousands of acres of land in Western Nevada within a strategic distance to some of the major onshore oil drillers including Exxon Mobil Corp. (NYSE:XOM), hopes to capitalize on what is said to be over 4 billion barrels of oil in the region where their leaseholds are. OREO stock traded almost $800 thousand in dollar volume yesterday and has had a 35%, two-day rally from a low of $0.80 to as high as $1.08 in today’s trading session before closing at $1.04.
Virtual Piggy Inc. (OTCBB: VPIG), another company similar to DOMK with no promotional hype, hard-mailer marketing or alerts being sent out, has seen some healthy gains in its penny stock. VPIG, a technology company that delivers online parental control solutions for the interaction of children under the age of 18 on the Internet, has risen from $0.60 on its debut on March 18th to its all-time high today of $1.75, a gain of 191%. VPIG traded just under $1.5 million in dollar value in the last trading session before closing at $1.59 for a gain on the day of 16%.
And finally, Stevia First Corp. (OTCBB: STVF), whose shares reached as high as $3.28 on March 29th, are not out of the running for the $1 penny stock race. Stevia First, a company that recently leased land in California to begin cultivating stevia and attempt to capitalize on the industry growth for the all-natural sweetener, traded $454 thousand in dollar volume in the last trading session. STVF closed at $0.91 after reaching as high as $0.97 during the session which traded 501,619 shares.
Bottom Line: The penny stock of of RARS, DOMK, SEFE, LUXR, ORYN, OREO, VPIG and STVF should be on your list of stocks to watch. The bulls are running but they ain’t cheap. The gamblers will be playing FROG and APGS on promo days while the savvy investors will be tracking these 8 penny stocks looking for entry and exit points when momentum builds and fades.
IF Domark Intl brings the Solapad by Solarwerks to market when they promise and it is all they claim it is, for get AAPL, buy DOMK stock.