Penny Stock Watchlist

Posted on April 26, 2009 by Penny Stocks Picker

The watchlist window on the sidebar includes some penny stocks to watch. The top portion of the watchlist highlights our most recent penny stocks to watch. The lower portion includes some of the past watchlist penny stocks.

Just because we list a penny stock on the watchlist does not mean to just jump in and buy the penny stock at any price. We list penny stocks that might lead to a profitable trade if entered and exited correctly. For example ASYT had a press release after hours on Friday (April 24th, 20009) that they received delisting notice from the NASDAQ. That’s probably not good news so, ASYT could gap down Monday morning giving a trader a possible opportunity to purchase at a lower price. This news is no surprise to me because of previous plans to file for Chapter 11 bankruptcy that could wipe out the value of the common stock. However, it’s still possible there could be a buyout offer (i.e. potential) so we might see a bounce if it gaps down in the morning. I wouldn’t want to hold the stock very long…… Anyway, use your head and good luck.

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