Triple Zero Hot Penny Stocks For Thursday 4-18-09
Posted on June 17, 2009 by Penny Stocks Picker
Here is a list of triple zero hot penny stocks to watch over the next few days. Triple zero hot penny stocks are very risky plays but if traded correctly they can yield significant profits (and loses) in a short period of time. However each of these triple zero penny stocks has attention….mine included. Please don’t just jump on the train and expect them to go up. You really should do some research and have a plan…cause they run up and drop just as fast. Don’t buy into the hype just use it as a tool.
Triple zero hot penny stocks to watch
NXHD @ .0002 (News released today and record breakout volume (1.68 Billion shares traded), closed at the .0002 resistance. I suspect the share structure is in the billions considering this barely moved (or company continues to dilute the float). Lot’s of chatter on the iHUB board and the board indicates that the Company reported a total of 5,136,688,673 shares of common stock have been issued and outstanding.)
IMGW @ .0001 (News released today and record breakout volume (2.18 Billion shares traded), broke above .0002 resistance but ended closing unchanged. Another one with a large share structure in the billions. Lots of chatter.)
BCND @ .0005 (Record breakout volume today (1.04 Billion shares traded), Hit .0008 resistance but came back to close at .0005 support. Lots of chatter on both iHUB and Yahoo message boards. I got no idea at the moment why this ran the last two days.)
BNPD @ .0008 (Price breakout with volume breakout (only ~138 Million shares). Took out the .0005 resistance and closed at the High of the Day. Very bullish candle stick today (opened at the low and closed at the high). Chatter on the iHUB board.)
ZCNW @ .0006 (Volume and price breakout today. News released on Tuesday.)
Please review the Introduction article in the category archives to better understand my trading strategy.
Tags: hot penny stocks, investors hub bulletin board, penny stocks to watch, tripple zero penny stocks
Filed Under: Picks N Tips
Do you think NXHD is still a good buy?
The news they released after the close was good and should go up, but what about technically? Stockta.com shows no resistance.
Thanks a lot,
Mike.
NXHD still appears to have interest. News continues to hype it up. You got to wonder why with all this record volume it’s not moving up and can’t break that .0002 resistance (possibly company diluting the float by selling more Authorized Shares to raise additional captial and/or shareholders just dumping their shares to get out now that there is a bid?…maybe something else?)
Anyway….per your question, I don’t see any technical reason for this to move up at the moment. Until this POS can break above .0002 it aint going anywhere. It’s a pure gamble. However, with the hype (news/chatter) there is a good chance if this breaks above .0002 you could see a run. I did not hop on yet, I was thinking about buying in on Friday but with the volume drying up I decided not to.