Free Daily List of Top Penny Stocks to Buy – Good Penny Stocks

Penny stocks to watch – Suggestions for Friday 2/27/09 and Re-cap

Posted on February 26, 2009 by Penny Stocks Picker

Penny stocks to watch for Friday 2/27/09

Keep your eye on the previous penny stocks to watch in the past daily list of penny stocks.  There may still be life left in some of the past stocks on the list of penny stocks to watch.  It’s very simple, the best penny stocks are the ones that everybody wants (more buyers than sellers).  So, keep watching for a confirmation signal that the penny stock train is leaving the station and hop on for the ride at the right time. Don’t forget to get off when it slows down.  You can always get back on if you want later (the cost of the ticket is cheap insurance).  Our mission is to locate penny stocks on the move so you can spend your time more effectively doing your homework.

LVS @ 2.85 (Nice volume and price breakout from a recent pullback, might be a dead cat bounce.)

ICTY @ .0004 (BOOM, Up 300% today on good volume.  Chatter looks positive, rumors that glitter signal potential.  Is it gonna be a bag of gold or poop?)

NVSR @ .023 (Up 228% on news release, Big Volume spike from nothing, positive chatter.  Now, is it going back to 0.005, up to 10 cents, somewhere in between?  Look at the chart for support and resistance zones.)

Previous suggestions Re-cap

The daily list of penny stocks to buy may not run on the first day they are identified (or the run is over for now).  Our scans find penny stock that appear to be gaining interest and hence, momentum.  Some of the penny stocks on the list of penny stocks may have already made a significant move and could pullback (consolidate) before continuing a move up (or down).  Keep watching the daily list of penny stocks for a few days or more to determine if a trade signal can be identified at a later date.

For example, I identified ATNO @ .0011 for the Wednesday 2/25/09 list of penny stocks.  ATNO didn’t continue it’s run until the following day (Today, Thursday 2/26/09) closing at .0018 after hitting a high of .0020.  Point is, our picks may be a bit early and you should keep watching some of the penny stocks in each of the daily list of penny stocks to buy until you see that there is no longer any more interest and the penny stock run is over.