Some Penny Stocks To Keep Your Eyes On
According to an article found on Before Its News there are some stocks that are about
to make a big move in the penny stock industry that you should be aware of if you are looking to make a profit from affordable stocks.
One example of past successes they have predicted is La Jolla Pharmaceutical found on the NASDAQ with the symbol LJPC. Three weeks ago readers who took the advice of the column had the chance to make a 207% profit as the stock skyrocketed.
They also said investors who took the advice to invest in China Infrastructure Investment Corp. received a 54% increase. (NASDAQ-CIIC) and last week Athersys Inc. had a 119% increase (NASDAQ- ATHX).
They have calculated it out and if you invested $1000 in these stocks back to back, you would have received $10,404 all together. The site has given some advice on which stocks to watch now as you make your choices for affordable stock options.
The first they point out is 3 Par Inc. (NASDAQ- PAR). It is a small company specializing in computer storage solutions. An article pointed out the promise of this company and stocks have begun to rise and may eventually triple according to early predictions.
Acorda Therapeutics has also been added to the watch list. (NASDAQ- ACOR) This is a small bio-pharma company that may prove a little risky, but could also make a small push during the small trading week.
Palm is the third penny stock watch they have listed for this week. (NASDAQ- PALM) This is a more familiar name and its stocks have indeed been dropping over the last few months, so this is a very volatile choice and you may want to be cautious when choosing this stock.
Cornerstone Therapeutics is the last stock they have on the watch list for the near future. (NASDAQ- CRTX) This is a biopharmaceutical company.
The article says that Google search volumes for this stock increased significantly today, which could point to the fact that investors and others are becoming interested in this particular company.
Another article points to a different company called Imagin Molecular Corporation as a promising penny stock for this week. (OTCBB- IMGM) This company specializes and focuses on detection and a possible cure some day for cancer and other diseases.
Zevotek Incorporated is the second and last company pointed out by this particular article as a potential money making penny stock for the week. (OTC- ZVTK) This company is dedicated to independent market and sale of home car and household products.
They are currently planning the release of their Ionic energy efficient compact florescent bulbs and marketing them through retailers, infomercials and other means nationwide. According to some press releases this has already become a popular concept and now is a good time to invest.
As always it is very important to review the history and movements of the particular company on the market before making the final decision to invest. In then end only you can be held responsible for how you use your money.
by: Terry Daniels
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