Investing in penny stocks – Watch list for Thursday 2/26/09 and Wednesday Re-cap
Posted on February 25, 2009 by Penny Stocks Picker
List of penny stocks for Thursday 2/26/09
If you think long term penny stock investing is for you then you probably need to re-evaluate what it is you are doing. Investing in penny stocks long term may most likely leave you broke. The correct way to approach and buy penny stocks is to trade them. In my opinion, penny stocks should not be treated as investments but as a short term tool to create wealth. It’s best to think of penny stocks as a mystery bag that may potentially contain gold. However, you don’t hold onto or open the bag, you just keep passing the mystery bag around (remember Hot Potato in grade school?) because you dont want to be the one left holding the bag when it’s discovered it just a bag of poop and everybody runs away screaming. The longer you hold that bag of penny stocks the chances become more likely the truth will be discovered (the truth could be it’s gold or it’s poop). SureFirePennyStocks.com looks for penny stocks that may not have been opened yet and could be the bag that everybody thinks is gold. Please review my article Buying Penny Stocks Using our Daily Suggestions. I’m not overly excited about any of the suggestions for Thursday but as promised, the list of penny stocks to watch for Thursday are as follows:
SYNJ
TRSI
JVDT
RKBD
GXPI (I’m adding this one on 2/26/09 just 10 min after market open at .0011)
Wednesdays (2/25/09) more cheap penny stocks Re-cap
Wednesdays list of penny stocks did not signal the green light and would not have resulted in a profitable trade today. Actually the whole penny market seemed pretty weak. During my scans tonight I only spotted a handful of penny stocks that actually would have been profitable at market close. As I have mentioned in my posts it’s important that you wait for a signal before entering into a penny stock trade using the list of penny stocks (Review the Introduction article and the articles in the Education category archives for additional details).
