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List Of Penny Stocks – Suggestions for Tuesday 3/3/09 (They All Seem Like Penny Stocks To Me)

Posted on March 2, 2009 by Penny Stocks Picker

They all seem like penny stocks to me

Ouch that hurts!  Dow broke below 7200 last week and today it broke 6800.  They all look like penny stocks to me now.  Are they all undervalued stocks or are they all just POS?  Do you fell like a kid in a candy store “Please Mommy, I want this and that, no wait I want it all” or are running for the door?  Well, I remain diversified in many respects (Cash, IRAs, 401Ks, Gold, Silver, ETFs, ETNs, Mutual Funds, Large Cap Stocks, OTC Penny Stocks, Multiple Bank Accounts, Multiple Stock Trading Accounts…..).  I trust no one and nothing, so I spread it all around among many things, sectors, banks, brokers (so if anything fails I’m not wiped out like some of the Bernard Madoff investors).  IF YOU PUT ALL YOUR EGGS IN ONE BASKET, YOU GET WHAT YOU DESERVE.

I’m sticking to my plan and will not overreact in any manner.  I believe in our country and that we will overcome this current economic crisis in time (what other choice do we have?).  So, I’ll take advantage of the situation and keep adding to my long term 401k funds, IRAs, Large cap stocks (oh I mean big boy penny stocks) as well as to continue my position as a short term penny stock trader.  Hey, I might even buy a bigger house soon.  At this time, I’m definitely making more money trading hot penny stock on the list of penny stocks then investing in my retirement accounts.

List of penny stock suggestions for Tuesday 3/3/09

HFBV @ .0006 (Nice volume and smacking up against that .0006 resistance, see if it can break that.)PHMB @ .0006 (Price breakout with decreasing volume?  Last time I saw a set up like this was IGTP for Monday 2/23/09 and IGTP went up 184% on that day.)

XHUA @ .0025  (Gonna watch to see if this is ready for another run.  I first identified this for Friday 2/20/09 when it was at .0017.  It has gone as high as .006 since then.)

ICTY @ .0004 (Identified this for Friday 2/27/09.  I have traded it twice since then, in at .0003 out at .0004 both times (made 66% on it so far), gonna see if I can do it again but maybe this time in at .0002 out at .0003.)

IDGI @ .0015 (Called this for Tuesday 2/25/09 when it was at .0005.  Up 200% so far, getting scary but maybe there is still some more room to go?  Start taking some of your profits just in case.)

SPCB @ .065  (Nice volume and price breakouts.  Took out the .06 resistance wall.  I’ll be looking for a retest of .06 and see how that holds.)