Now that APS has pulled the plug on Pristine Solutions (PRTN) after they took their own medicine, Tropine 3, for just over a one month hot flash, traders are scouring around for a new buy-low, sell high penny stock to watch. SMA didn’t help things much with the pricing of their former drdentalspa.com turned mining company, Santo Mining Corporation (SANP), after it shot up to nearly $2 on Friday leaving a long-way down which many saw with Punchline Resources (PUNL) can collapse within minutes. So, now that Q4 is here and October trading begins Monday, what are the best penny stocks to watch?
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PRTN Stock Chart
Market Cap: 85.50M
Close: 0.193, down -0.052 (-21.22%)
Dollar Volume: $1,961,125
Average Trade Size: 8,177
Low of Promo: 0.17
High of Promo: 0.53 (Day One)
Maximum Gain Available: 208.82%
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So, with PRTN out of the way and SANP just started, what are the best penny stocks to be watching right now that can bring the best returns in the near/short term? Here’s a list of the one’s we see the best potential in:
- Global Clean Energy Inc. (GCEI) (Our pick)
- Save the World Air Inc. (ZERO) (Bounce)
- Global Stevia Corp. (GSTV) (currently GSTVD after another forward stock split)
- Bonanza Goldfiled Corp. (BONZ) (Momentum)
- Punchline Resources Ltd. (PUNL) (Bounce)
- GreenShift Corp. (GERS) (Unusual Activity)
About GERS Stock
GreenShift Corp. develops and commercializes clean technologies that facilitate the more efficient use of natural resources by focusing on the U.S. ethanol industry where they innovate and offer technologies that improve the profitability of licensed ethanol producers. There are 20 billion shares authorized and 38,761,157 shares of common stock outstanding as of August 14, 2012.
On September 11, 2012, GreenShift Corp. filed their amended 10-Q for the period ended June 30, 2012. During the 3 and 6 months ended, GreenShift reported revenues of $4,242,880 and $7,154,900, respectively, versus $3,148,257 and $5,879,657 for the same 3 and 6 month periods, respectively, ended in 2011.
On Friday, GERS stock price rose 87.50% to close at 0.06 with volume of 911,433 shares. The volume was slightly higher than usual, but nothing compared to September 10 when 4,720,071 shares traded, the most for the calendar year. GERS stock has been actively traded throughout all of 2012 as can be seen here.
Bottom Line: Stocktoberfest begins now and these penny stocks will give you a kick-start to your watchlist. Lest not forget the fallen promo’s that never kicked off with HJOE, NGHT and GTCP. Anyone of these, or another dental clinic turned mining Company with a forward stock split, could provide the percentage gains from their current levels to throw a Turkey on the table in November.
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