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Penny Stocks to Watch – Might Just Rock – Monday 4-6-09

Posted on April 5, 2009 by Penny Stocks Picker

These good penny stocks to watch might rock on Monday.  If your looking for top penny stocks to watch and trade, then you have come to the right place.  It’s our goal to provide at least a few top penny stocks to buy and trade on a particular day.  That way you don’t have to spend hours identifying potential movers before doing your own in depth research.  So, if your looking for hot penny stock to trade, then let our scans work for you so that you have more time to investigate the top penny stocks further.  It’s also important that you know how to trade penny stocks.  So, SureFire penny stocks also provides educational articles to help you become a better penny stock trader.  Please review all our educational articles in the category archives for more information about trading penny stocks.  ARE YOU READY TO RUMBLE?  I SURE AM!!

PGYC @ .057 ( News release on Friday just 30min before close probably caused this puppy to jump.  The PR states that a formal offer to purchase all the shares at a price of $0.42 per share and seeks shareholder approval.  Don’t know if it’s true or if the shareholders will approve but might be lots of potential here (i.e. the bag hasn’t been opened yet…..so it could be a bag of gold or it might be poop).   Anyways, lots of chatter on Yahoo and IHUB bulletin boards (which I recommend you look over as part of your research).  Looks to me like we may have a hot penny stock with technical and psychological criteria in play (maybe fundamental as well?).   Have you done your homework?  Blinds please….place your bets and hope for a good river card.)

JNIP@ .0006 (Holy Cow….Moooooo….Huge volume breakout (the most ever yet).  Closed at HOD.  Looks like the after hours PR on Thursday might have been something that the market players like.  Listed on IHUB breakout board.  However, it traded almost 316million shares on Friday and couldn’t bust the .0006 resistance (dilution?).  Need to confirm that .0006 isn’t going to be the road block.)

QMLM @ .0008 (Not sure about this one, but came up on my scans.)

AIRN @ .106 (Is the bottom bounce going to continue?  Gap to fill.)

PDMI @ .0044 (Volume and price breakout.  Not much chatter.)

DOVP @ .03 ( 114% gain, closing at HOD with breakout volume.  Not much chatter.  Remember, penny stocks that have big jump in price are more risky then ones that are inching up little by little.  Hence, the faster the gain the harder they could fall.)

UTRM@ 0.36  (This one is being promoted by a number of websites/newsletters.  Volume decreasing with price increasing.  Be careful on this one you penny stock trader.)