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.
If you are looking for the best online broker to trade with, check out our feature on Online Brokerages.
Listed below are some good penny stocks to buy now, the hottest penny stocks to watch, listed below 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 good penny stocks to buy now, hot penny stocks to watch, when the market opens Wednesday, January 18, 2012 which permit a true opportunity for a penny stock trader to buy/sell.
MusclePharm Corporation (OTCBB: MSLP.OB)
MSLP traded 23,809,751 shares to close Today’s trading session up 5.00% at 0.0105.
MSLP shares reached as high as 0.0105 in the stock market today.
MSLP has a Market Cap of $5.74M with a 546.68M share float.
MusclePharm announced last week that they had signed S.F. 49ers five-time Pro Bowl selection superstar linebacker Patrick Willis . Voted by ESPN as the Best Linebacker in the NFL, the addition fits perfectly with MusclePharm’s expansion into social media. MusclePharm, which is the official nutritional supplement provider of the Ultimate Fighting Championship (UFC), has also inked deals with NFL superstars Michael Vick and Chad Ochocinco in 2011. MusclePharm continues to grow at an impressive rate as well, setting a monthly company sales record $2,700,000 in November.
MusclePharm is a healthy life-style company that develops and manufactures a full line of National Science Foundation approved nutritional supplements that are 100% free of banned substances.
On January 9th, 2012 MSLP announced it had been named the No. 1 supplement brand in the industry for 2011 by Stack3d.com
Stevia Corp. (OTCBB: STEV.OB)
STEV traded 12,945,802 shares to close Today’s trading session up 35.06% at 2.35.
STEV shares reached as high as 2.75 in the stock market today.
STEV has a Market Cap of $124.08M with a 52.80M share float.
Stevia Corp., up 213.33% since our Volume Alerts 11-21-11 posting, announced last week the National Government of Vietnam is providing financial support for the development of 50 Ha of stevia cultivation as well as the Bac Giang provincial government supporting a further 20 Ha of stevia cultivation.
To date, STEV has acquired two grower supply contracts and three nursery fields in Vietnam.
Stevia Corp., a farm management company, is focused on best practice agronomic competency to deliver high value stevia through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques. Stevia is the fastest growing product in the alternative sweetener sector.
Generex Biotechnology Corp. (OTCBB: GNBT.OB)
GNBT traded 9,422,589 shares to close Today’s trading session up 13.48% at 0.261.
GNBT shares reached as high as 0.277 in the stock market today.
GNBT has a Market Cap of $82.40M with a 315.71M share float.
Generex, an attendee at last week’s JPMorgan Healthcare Conference in San Francisco, outlined in an interview the Ii-Key immunotherapeutic vaccine which is exciting news for the biotech after positive interim data from its Phase 2b breast cancer trial announced last month at the San Antonio Breast Cancer Symposium.
Generex, up 83.80% since our Penny Stocks Worth Noting posting December 20, 2011. Volume this week and towards the end of last week was increasingly heavy as GNBT’s subsidiary, Antigen Express, gained attention for the development of an “over the counter” immunotherapeutic treatment for breast cancer.
You can read more detail about Generex here at our Healthcare Super Bowl posting from January 8th.
Abot Mining, Co. (OTC PINK: ABOT.PK)
ABOT traded 3,384,152 shares to close Today’s trading session down 7.69% at 0.024.
ABOT shares reached as high as 0.027 in the stock market today.
ABOT has a Market Cap of $23.80M with a 991.84M share float.
On December 29, 2011, ABOT Mining announced the appointment of Imran Firoz as the director, the President, Chief Executive Officer, Chief Financial Officer, and Secretary of the Company. ABOT, who had their penny stock promoted for an eye-popping $3 million campaign, is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California .
Lone Star Gold, Inc. (OTCBB: LSTG.OB)
LSTG traded 1,529,724 shares to close Today’s trading session down 15.91% at 0.555.
LSTG shares reached as high as 0.70 in the stock market today.
LSTG has a Market Cap of $64.67M with a 116.52M share float.
Lone Star Gold announced yesterday the cancellation of 30 million issued and outstanding shares of LSTG.OB. The cancellation will reduce Lone Star’s total outstanding shares from 116.52M to 86.7M.
Lone Star has a 70% Working Interest in concessions covering 800 hectares in the La Candelaria project in Chihuahua, Mexico, which LSTG is evaluating to determine the potential sites that represent the best potential for silver and gold deposits. Lone Star also has an option to purchase a 70% interest in the Ocampo Project, a 570-hectare gold-silver project in Chihuahua State, Mexico, and an option to purchase an undivided 65% interest in the San Antonio del Potrero mine tailings project in the city of Hidalgo Del Parral in the state of Chihuahua, Mexico.
LSTG is regualrly featured in our Gold Stocks category.
Frogads, Inc. (OTCBB: FROG.OB)
FROG traded 1,329,124 shares to close Today’s trading session up 8.93% at 0.305.
FROG shares reached as high as 0.32 in the stock market today.
FROG has a Market Cap of $27.45M with a 90.00M share float.
According to data from Alexa.com, FROG reported 30% more global visitors to the site which spent 4:10 Minutes on average which is 38% more time on the site during the 2nd week of January. Competing for market share with online ads giant Craigslist, FrogAds.com is currently ranked as the 61,228th most visited globally and 35,300th most visited within the U.S.
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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