Posted on July 14, 2010 by Dana Salvo
How do you know when a penny stock is undervalued or overvalued? If you are new to penny stock trading this is very important. The difference in your timing of getting into a penny stock can be either huge gains or huge losses. Thestockwizards.net prefers the huge gains.
What we are going to do today is look at a few examples so you understand when you should be getting in a stock or getting out of a stock. We are talking about penny stocks not big board stocks in these examples just to make that clear.
Let’s use some examples of penny stocks that made huge gains in 2009. This was a year of biotech, medical equipment and pharmaceuticals in the penny stock arena. So the stocks we will use are from these sectors.
The first stock that we will talk about is the one that could’ve made us all rich and well-off, if we just had 20-20 hindsight.
VRMLQ: This is a stock that was a life changer for a few traders in the penny stock world. The stock went from .05 to as high as $23, that’s right $23. Now you are wondering what made the stock go so high Read the rest of this entry »
Posted on February 23, 2010 by Dana Salvo
XenaCare Holdings, Inc. (OTCBB: XCHO)
DELRAY BEACH, Fla., Feb 23, 2010 XenaCare Holdings, Inc. (OTCBB: XCHO), a company specializing in the marketing and retail distribution of consumer healthcare products, announced today that it has signed an agreement with Professional Sports Publications (PSP) to advertise Cobroxin in the upcoming National Collegiate Athletic Association (NCAA) March Madness Tournament Program and Final Four Game Program. PSP is the largest publisher of gameday programs, magazines and yearbooks in the United States. In addition to publishing the NCAA Official Tournament Program, PSP works with over 100 professional sports franchises throughout the four major sports, as well as numerous universities coast to coast.
Technical outlook: XCHO traders and investors are waiting for the psychological close above .50 on a weekly basis. Once this happens we will see another leg up in the stock.
Strong support is at .40. Read the rest of this entry »
Posted on December 22, 2009 by Travis
How do you know when a penny stock is undervalued or overvalued? If you are new to penny stock trading this is very important. The difference in your timing of getting into a penny stock can be either huge gains or huge losses. We prefer the huge gains.
What we are going to do today is look at a few examples so you understand when you should be getting in a stock or getting out of a stock. We are talking about penny stocks not big board stocks in these examples just to make that clear.
Let’s use some examples of penny stocks that made huge gains in 2009. This was a year of biotech, medical equipment and pharmaceuticals in the penny stock arena. So the stocks we will use are from these sectors. Read the rest of this entry »
