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Lithium Penny Stocks On Fire

Posted on April 28, 2011 by Penny Stocks Picker

Lithium penny stocks are blazing hot this week (just look at the 5 penny stocks presented below to support this statement).  You think Silver is going parabolic?  Take a look at LEXG which was a penny stock (below $5.00) just days ago and is now a $10.00 stock, having moved from under 10 cents to $10.57 since March (that sure makes silvers recent 70% gain look rather weak).  The penny stock lagers in the Lithium sector are now following suit, so Lithium is the opportunity of the moment as penny stock speculation in this sector is growing (Don’t just focus on Lithium Mining/Resource penny stocks, take a look into related Lithium categories such as Electronics and Alternative Energy). 

Penny stocks move much faster (in both directions) which is why I prefer to trade them (not invest) over larger companies. Here is a few Lithium penny stocks on my watch list.   

LTUM @ 1.02 (Lithium Corp. up 343% on breakout volume of 14.4 million shares)

LTHU @ .044 (Lithium Technology up 49%.)

AMLM @ .55 (American Lithium Minerals up 89% on breakout volume of 3.7 million shares)

AMEL @ .54 (Amerilithium Coproration up 69%)

LEXG @ @ 10.57 (Lithium Exploration Group up 38% today..this was less than 10 cents a month ago.  I’m not going buy this one, way to expensive for me to trade, just listed it so you can research it and learn what causes a Lithium penny stock  to go up 10,000% in a month.)

EVCA @ .024(This is a wild card play.  Evcarco up 33% isn’t a Lithium stock but it’s mission is to make a wide selection of environmentally friendly vehicles available.  With the recent breakout chatter this may be another type of play to capitalize on the move in the Lithium sector.)