Biopharmaceutical Penny Stock
Posted on May 10, 2009 by Penny Stocks Picker
When you find good penny stocks to trade like a Biopharmaceutical penny stock it’s good to stick around for awhile, research and trade it. I have been trading GNTA over the past few months and it’s been very profitable for me. I last mentioned GNTA on 4-24-09 at .0064 and picked up a few hundred thousand shares as I said I would based on a bottom support bounce play. I did sell half my position on Friday but then doubled down on the pull back because the volume was insane (beyond what I had anticipated). I expect the hype to carry over into next week. As usual, you must do your own research and make your own decisions before trading any of our penny stock suggestions. You must also determine when to get in and out. Hopefully, some of my articles in the educational category will help you in that quest.
Trading penny stocks for me is a hobby and an addiction. It’s a form of entertainment that I enjoy. Trading penny stocks is not a job in which I have to making a living from. I have learned that I trade much better if I don’t trade with scared money. Remember it best to trade with a plan based on rules (not to make $$), stick to your plan and the $$ will follow.
Top Penny Stock Suggestions for Monday 5-11-09
GNTA @ .014 (Just love this one and I still own shares (free shares now). Over 1 billion shares traded Friday…..insane. However, on the downside you need to wonder why it didn’t go higher on that kinda of buying volume.)
CEMJQ @ .141 (First mentioned on 3-22-09 at .0345. Do your homework please.)
GSPG @ .015 (This is a gold mining play in the Comstock Lode. This play goes totally against my normal trend to just trade penny stocks. I’m a long term investor in GSPG! GO GOLDSPRING!)
SRSR @ .0285 (Another precious metals mining stock play.)
Tags: biopharmaceutical penny stock, good penny stocks, trading penny stocks
Filed Under: Picks N Tips
Few more stocks that needs attention.They will go sky high in near future. At once they were in 100’s and now they are in pennies. CBIS, DARA, NGHI. All these stocks are gold. They are all set to go high. Check them out also.
What do your guys think of GERS – Green shift company? This company makes all different kinds of BioEngineered Fule Technologies. They have numerous facilities engaged in BioFuel Productions. Please provide some feedback. Also LIPD, LJPC, EVSC. All these companies are performing R&D on medical sciences.
be careful…they are running of our money and may file for BK
http://www.reuters.com/article/marketsNews/idESBNG33445920090512?rpc=44
Great to see your intrest in Genta. I first told you about GNTA a few months ago. I also posted that we will see some intresting trading in GNTA in the coming weeks and yeah is this intresting or what?
The reason why we see this crazy volume, but not go up that fast is because of the huge volume of free trading shares of GNTA . GNTA will do a reverse split soon, but I am quit sure it will not afact the sharepize to much.
GNTA has a great potential in the near future with the possibility of FDA approval for some great medicines.
I have not the intention to promote GNTA but for a pennystock this is a great opportunity to trade and make some nice profits!
One of my new intrests is Verenium VRNM. It will be not a GNTA (in trading volume ) but the potential in the near future should be great. I see VRNM @ $1 very soon. But like always it is just my opinion!