Top Penny Stocks in Play – QEDN, BZCN, FFGO and more
Posted on November 23, 2009 by Penny Stocks Picker
SureFirePennyStocks continues to identify the top penny stocks in play. Many of the suggestions have appeared on our watchlist before becoming the hottest and most actively traded top penny stocks. For example, last week we notified you of IHGP, BUNM and HESG before the ~100 to 300% runs. This weekend we posted FFGO and BZCN as the top suggestions for this week and they both remain at the top of the buzz cloud with ~50% gains each just today. It’s our goal to scan the penny stocks and identify good penny stocks to buy and trade. We then post them on the watchlist so you can do your own research thus saving you time in searching for good penny stocks to buy and trade. We have no crystal ball, just looking for attractive penny stocks that may yield a profitable trade if timed correctly. Refer to the Introduction and Educational articles in the category archives for more details about our watchlist suggestions and trading.
TOP PENNY STOCKS ON THE MOVE
- QEDN @ .0003 (On 5/21/09 I informed you I was entering a position in QEDN as a high risk lotto play at an entry point of .0001 at the ask (there was no bid…which meant you could not sell at that time), today that finally paid off (I continue to hold a position). Historical volume breakout!!! Price and Chatter breakout today. This is day #1 so potentially there is a good chance this continues to rock.)
- BZCN @ .0020 (Re-listed on the watchlist Sunday at .0013 (up 53% today). Volume and chatter continue to propel this upwards. Not so thrilled about that gap up today.)
- FFGO @ .0003 (Actually placed this on the watchlist page on Friday morning 11/20/09 at a ask price of .0002. Please refer to my article posted on 11/22/09 focusing on FFGO. News, top of the message boards chatter, twitter and price move to .0004 (closing at .0003, up 50% today) all tell me this still has interest.)
MORE PENNY STOCKS TO WATCH
- PMDP @ .0009 (Consolidating and holding .0008 support.)
- VIPR @ .0008 (Watching……..)
- ARSC @ .0006 (Adding to list Tuesday evening 11/24/09. Volume breakout. Closed at .0006 resistance (HOD)….watch to see if .0006 can be broken on strong volume.)
- CYBL @ .0004 (Adding to list Tuesday evening 11/24/09. Volume breakout. Possible bottom zone. Resistance at .0005)
Tags: good penny stocks, penny stocks in play, penny stocks to buy, top penny stocks
Filed Under: Picks N Tips, Uncategorized
Why did BZCN come back down so low (.0022) after reaching .0041 today when the volume is over 1.3 billion and was climbing all day?
Profit taking. With that kind of gain in a short period of time that is to be expected. Take your money off the table along the way up instead of the way down, instead of waiting for the scared money to run for the exit. A number of articles in the educational category archives address taking profits and how the penny stock market works.
looks like another IHUB pump fest at the top of the buzzcloud and top 10 active forums up there with FFGO and HESG… .0004s will fall off the ask fast in the AM, IMO… this stock looked so thin on level 2, are no sell orders beyond .0006 and a small wall at .0004 thats gonna get mashed in the AM… as always, get in early, take your profits and put your shares up at the ask as you will have no problems selling at the ask when a stock has this kind of momentum (1 billion shares) and the ask selling will continue upward price pressure. I believe this one has just woken up since today was breakout volume for this stock and will be on alot of radars at the open, so its got legs.