Monday Penny Stock Watchlist: Bet on This Betting Stock
Nov 16th, 2009 | By Jonas Elmerraji | Category: Featured, Penny stocks, Pink sheet stocks, Technical Analysis
Finding solid penny stock leads is one of the trickiest parts of the small-cap investing game. With thousands of stocks out there, it’s hard to narrow things down to a handful of plays with big-time profit potential. That’s where the Penny Sleuth’s Monday Penny Stock Watchlist comes in…
Every week, we drum up a list of penny stocks that are exhibiting abnormal volume, strong technicals, upcoming news, or another catalyst that suggested they might be making a material move in the coming week.
Last week was no exception – investors who played our GeoGlobal Resources (AMEX: GGR) pick had the chance to make 17.32% in the last give trading days…
And while our Watchlist errs on the safe side of small-caps, using technical analysis to tell us where a stock is headed, we opened the comments up to readers again last week, giving you the chance to offer up more speculative penny stock plays — and win a special edition DVD of I.O.U.S.A. in the process…
Watch your email inbox to see if you’re one of this week’s winners…
Now, let’s cut to the chase and take a look at four penny stocks worth watching in the coming week:
Youbet.com (NASDAQ: UBET) – This online wagering company offers a service for its customers allowing them to securely bet on horse races at more than 150 racetracks worldwide. But are you willing to bet on this stock? Shares have recently broken out right at resistance amid significant positive volume. With the market opening strong this week, shares should continue to climb.
Waste Services (NASDAQ: WSII) – While the company may focus on trash, this stock is anything but. Increased positive trading volume and bullish technicals helped Waste Services make this week’s cut. Consider picking up shares after a dip.
ESCO Technologies (NYSE: ESE) – On the short side of things, scientific product supplier ESCO is currently showing investors a very bearish set of technical patterns right now. After posting dismal quarterly results, traders jumped on a triple top that had been forming for the last couple of months, pushing the stock through its support line (blue above), and prompting even more traders to sell off shares at Friday’s open. At current levels, this stock still has further to fall.
Western Alliance Bancorporation (NYSE: WAL) – This $300 million regional banking stock has seen its numbers fall ever since the credit crunch heightened. And now, with profit margins still 38.5% underwater, this stock has attracted trader attention. WAL could easily see another significant drop this week.
Share Your Penny Stock Picks
Once again, we’re going interactive this week…
Just post your recommendation in the comments section of this article between now and the market’s close on Friday, November 20 to share your favorite penny stock play with the rest of the world.
Cheers,
Jonas Elmerraji
November 16, 2009
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PEOPLE ARE STARTING TO TAKE NOTICE OF SIERRA GOLD CORP SGCP PRICED @ .003…..NOW MINING GOLD IN SIERRA LEONE.
I feel the following “Penny Stock” is worth our attention and feel it will make us a profit in the coming
weeks. VPRS @ .30 ———- The Company was formed to purchase, operate and develop oil and gas properties. The Company focuses on identifying short and long term oil and gas opportunities. The Company has two projects: Utah oil sands and Strabuck prospectus.
I kinda the movements on BNT@.14.they’ve taken over some interesting projects
My penny stock pick is EVOLVING GOLD symbol EVOGF. This is the real deal.
My pick is SRSR-Sarissa Resourses, looks like it may be ready for a big move along with gold.
MY penny stock is (ITRO) a silver producer without the cost of a mine –unique green silver recycler –take this one up with the price of silver….. alot of leverage here… they also market a select style of fertilizer and just opened up the market in California … going green for the planet is a good thing! American Jobs!!!
My pick is THRR and it is currently at it’s all time low of .0002 and news is due out on contract in which they re-tooled their machines for. So nowhere to go but up from here!
zvtk is up better then 30% @.003 and has plenty of movement room and will continue to go up. It is being compared to the way spng took off and went to .20. the product is a new ionic light bulb that also purifies the air as it burns and will last longer then flour/incadesent bulbs.
My pick for this month is CTDB CITADEL BROADCASTING CORP, This company is big, but is feeling the affects like everyone else. I’d buy below .10 and hold till you at least double your money. Currently at .054, it closed up 20% today.
CORUS BKSHS INC (CORS) just hit a new 52 week low – today ! With a 52 week hi of $2.04 11/18/2008, this stock is going to be a buy and hold. Tomorrow you’ll see a slight increase from it’s closing of .0350.
With over a millon shares traded today, WYNCREST GROUP INC NEW (WNCG) ~ should start to reflect a positive roll in the upcoming weeks or perhaps days – lets see.
My pick is AMNP American Sierra Gold Corp. This will be a fast moving Gold Stock.
I like Northgate Minerals Corp. (NXG), already up to 3.15 and still cliimbing. It’s another gold play.
neom is my pick great technology good management many patents i look for this to be ahome run
ECOS is my pick for this week . They are hosting a big conference and display to the public of their M fuel and their nano battery in Korea starting this week Nov. 18 th
[...] Monday Penny Stock Watchlist: Bet on This Betting Stock was originally featured in the Penny Sleuth. [...]
XMDC NEWS COMING OUT SOON STOCK IS AT 0.07 LOTS OF UPSIDE.TALK OF MERGER.DO YOUR D&D
The company my Husband works IT for is an agricultural giant who also does ethanol. The concern is algae oil is going to be the next big economy move in biofuel, because it doesn’t affect livestock and human food prices, eat up our farmland and soil nutrients and it also takes a whole lot of coal to make ethanol. Due to all these factors ethanol seems to be losing support. Algae is what created our oxygen rich atmosphere and the great thing about growing it is it will help restore O2 levels that have been greatly diminished over the last few decades while providing healthy byproducts that can be used in animal feed. PALG is a good example of an algae stock but it may be unrightfully elevated. There are others out there in the green industries that may be next and have big names backing the green effort of algae oil.
http://www.oilgae.com/blog/200.....ofuel.html
BEHL already has over $6 million in orders.
http://www.marketwire.com/pres.....70112.html
QMIN
Okay, Buffet just bet on the railroads buying BNI for billions and issued a buy signal for coal. With the steel mines in Northern MN reopening among the entire steel industry picking up, beaten down coal is still what they use to run the mills and kilns and make ethanol and electricity with. Green or not, its what is still being used. This company is coming into its own and the seams are getting thicker to up production. Financials are projected to be released between now and the 19th of November.
MTCH
This one was brought to my attention. I’m sure there was some quiet accumulation prior to several penny sites announcing it yesterday evening with many profit takers pulling out today, but I think this one could be a huge gem! Good news announced this morning too. With the govt devoting billions to roadwork we have to assess the reality that our bridges are in serious need of repair and how to tell if they are safe or not. This company has that technology and with all the bridge repair going on in MN after the I35 bridge collapse this company has a way to make sure we don’t have to suffer that tragedy again. With various bridges being worked on here in MN alone, we are seeing firsthand that the govt is pouring funds into helping prevent another cataclysmic event. It sounds like this company is getting some pretty hefty attention and has some good connections in place.
Hi, this is my first post and I want to give everyone a heads up to Teryl Resources Corp. (TSX-V:TRC or OTCBB:TRYLF). I been watching this company for a time and with the info I gained and the fact it closed trading @ 0.23 Canadian yesterday I believe this company needs a second look. This company keeps on pulling out a steady flow of good gold drill results up in Fairbanks Alaska. The “Gil” property is located directly next door to the Fort Knox 1000 oz a day Gold producer operated by Kinross Gold .This property is just a couple of miles away from “The Fort Knox Open Pit Gold Mine” (Alaska’s largest operating gold mine), Operated by Kinross Gold (TSE-K) . And the best part is KINROSS and TERYL are Joint Venture Partners. Please do your own research or check out the info links below and decide for yourself.
My other pick is (GSRE) Green Star Energies they just popped their first producing well and going to market—-PROPERTY is ADJACENT TO Anadarko Petroleum and so they are pulling from the same reserve
I keep showing you leverage moves and this will be a homerun if any unrest in the Middle East—American Energy –AMERICAN JOBS… Look out for the problems in Yemen and the shipping lanes for our DEPENDENCE OF FOREIGN OIL—-(EVFL) do some REARCH HERE look at the volume —-production –
Retail !!! and Government credits with blended gasoline credits
WTWO is into the green scene, do your DD on this one
Eco-Safe Systems USA Inc OTC: ESFS is probably one of the most ignored penny stock I know of-despite the fact that the company is growing, profitable, and manufacturing a product capable of solving the nightmares involved with contaminated produce, easily and cheaply. See the website, http://www.ecosafeusa.com/ for information on this sleeping future Blue Chip, which seems to be an honestly run real growth prospect. No nonsense there!
Formation Metals has done a V dive and rise of recent days. Symbol FCO on the Toronto exchange. Not sure if this is a stumble, or a signal it is going to be heating up.
Feedback on Formation Metals Inc. Symbol FCO on Toronto exchange.
On the 9 Nov. 2009 Formation Metals Inc. (formerly “Formation Capital Corporation”) (TSX: FCO) (the “Company”) announced today that, in preparation for the finance phase of construction of the 100% owned Idaho Cobalt Project, the Company’s name has been changed to “Formation Metals Inc.” and all of its issued and fully paid common shares without par value have been consolidated on a 7 old for 1 new share basis. Upon the name change becoming effective for trading purposes on the TSX, the consolidated shares of the Company will continue to trade under the symbol “FCO”.
This might explain the stumble.
My pick is something from left field. It is Central Petroleum. Listed on the ASX as CTP. Exploration permits in central Australia larger than the UK and about to start an intense drilling campaign. Prospects include massive coal seam gas , conventional gas ( with a fascinating helium component) , shale oil and conventional oil. Cashed up and ready to roll.
Check out – http://www.centralpetroleum.com.au.
Both PLD and HPJ have been making me money and still have a long way to go!
SCLZ – Is a stem cell research company that has been laying low, that will go up from .005 to .09 soon.
Catch this one now.
wlb
SINX-Innovative Water and Wastewater Treatment Systems-redesigning how water and wastewater are treated, and developed ways to do it faster and more efficiently, for less money and in less space. Unwanted elements disappear with air.
Their systems use proven Dissolved Air Flotation (DAF) technology. Using ordinary air under pressure, the systems produce microscopic bubbles that adhere to suspended particles in water. The bubbles force the particles to the surface, where they are then skimmed off. the company has 8 patents pending.
Perfect time to buy shares stock is around .12. Hurry before orders for the 2 million dollar units pour in!!
http://www.sionix.com
Ecometals Ltd. (EC:CA) is the stock to watch. It is listed on the Canadian Stock Exchange and has
mining concessions in Ecuador, one of which is only 600m. away from the Kinross mine which was
formerly the Aurelian gold discovery, the biggest in the past decade. In the past weeks the stock has
moved from 40c. to the eighties. It is waiting for the drill permit to be issued, which is expected to be
very soon, and once this is given, it is expected to move to a much higher level. Track the price!
SNVP once again ladies and germs
IMGG has a proprietary CT scan or xray machine that will revolutionize medicine. The Dominion is a 3D real time xray machine. A patient can be on the operating table and the doctor can see the images in real time. A huge benefit that fits into the current debate on Mammography and the radiation effects is that the level of radiation is 1/50th that of a standard machine. It can be used for medicine, packages, security, etc.
They are awaiting FDA approval and are within weeks of getting it. When they do this stock will rocket.
How about OPXS. There is alot of military vehicles that are going to digital on screen. Also, GDLNF is finally going to get it’s freedom from the Danish Government in ‘10.
EVLF EVLUTION FUELS IS THE COMPANY THAT JUST HAS BOUGHT SOME TRUCK STOPS IN TEXAS. THEIR PLANS FOR THE FUTRE LOOKS GOOD.
FEW TIPS I WANT TO SHARE.
1. GERS
2. ARTS
3. INAR
4. IPWG
CORRECTION
EVOLUTION FUELS EVFL
ATLANTIS TECH GROUP (ATNP) IS IN DEVELOPING STAGE FOR “GOTV”
thanks for the head up
CERP Found it on oilgae.com and with plastics being used SO much in everyday life, the turnover to bioplastic is the OBVIOUS next smart green move. Petroleum plastics are being found more and more to contribute to health issues from the chemicals they give off into our foods. With global annual plastic consumption in excess of 180 million tons and forecasted to double in 2015 from the 2003 levels along with an annual demand growth of 5% this new line of bioplastics certainly has a niche to fill.
http://www.plasticservice.com/tempia.htm
Fortunately, TheStreet recently gave it a sell recommendation because now it is at bargain basement prices trading at .105, when this 4 year old company normally traded between $.50 and $1.25. Odd about the sell recommendation though because TheStreet also notes CERP has outperformed against the industry of 31.9%, have very low debt to equity, and give it 4 out of 5 stars for having a growth score better than 70% of the stocks they rate. It appears the reason they are rated it a sell is this young company hasn’t come into profitability yet from the R&D stages, but with over 30 patents and NO BPA and NO DIOXINS found in their plastic AND their diluted loss per share going from negative .04 in the period ending 9/30/08 to .00 in the 3 months ending 9/30/09, it looks like they are coming into their own with and product lines in place and current clients include Georgia Pacific, Bunge, Dorel Juvenile, Pace, Innoware, Genpak and Solo Cup.
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Thanks for the great information, Like betting, it also needs consideration and a little fortune to discover the potential stocks. It may look hard to seek the probable stocks; you can make it through research.
Thecapitalgainsreport.com