Free Daily List of Top Penny Stocks to Buy – Good Penny Stocks

Top Penny Stocks to Watch – 10/13/09

Posted on October 12, 2009 by Penny Stocks Picker

Tired of searching for the most current top penny stocks on the move?  Looking for a hot list of penny stocks?  Well, it’s your lucky day.  I scan the penny stocks looking for hot penny stocks on the move.  Take a look at the following 6 hot stocks on the list of penny stocks below.  Make sure to do your own homework and get ready to trade if you see a signal to play.  Look, some or all of these may already run their course….you have to watch how they behave the following day(s) and get confirmation to enter into a trade (i.e. big volume with increasing price, pull back to support levels followed by buying volume, Level II signals…..).  Don’t be a carrot chaser or fall asleep at the wheel.  Please refer to the Introduction article and educational articles in the category archives for details on how to play the penny stock game.  All, I’m doing is presenting a list of penny stocks to watch and you make your own decisions if you want to trade any of them or pass. 

PDMI @ .0033 (Strong volume and price breakout, .0024 support…..might want to wait for pullback.)

IMDS @ .029 (Insane 241% gain today…….Huge price breakout with strong volume.)

ALLP @ .08 (Strong price breakout on decent volume.)

GPXM @ .047 (Strong volume and price movement…..broke .045 resistance.)

WDAS @ 1.05 (What the heck????  2,000% increase on ~429,000 shares traded.  Where did this come from and what is going on?)

SNWT @ 1.22(Pull back to 1.20 support on huge volume….I guess sell off…but I love pull backs to support levels as sometimes that provides new opportunity for us late comers to ride the #2 bus.)

Remember, it’s your decision to enter into a trade…..not mine.