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Hey all, this is going to be a quick post since I’ve got a lot of other work to do, but I think MSLP is coming around at long last. They recently announced an endorsement of Lyoto Machido at UFC 123 plus some good earnings reports in recent history have been helping them as well. The stock is currently up from 28 cents per share to around 31.9 cents per share as of writing this. In my opinion, this could be the bounce I’ve been waiting for ever since I put them down on my watch list!

Anyways, this stock is full of profit potential. I fail to see to this day why it’s so low! That is just my opinion but it’s backed up by some good news. It’s my belief that they were the victim of some rather unsavory short selling tactics from shady hedge fund managers at some point in their recent price history. But the market being what it is, I expect it will get corrected in the near future. My current price target is around 50 cents which is still under where the stock has been as recently as the last 2 or 3 months.

Let me know what you think. Signing off for now!

Overall, this past week has been a hard one for the bulls. A lot of stocks have crumbled in a recent retracement over the week, but stocks finished out up in the final day of trading on Friday the nineteenth after some good news about future economic indicators. Most analysts have started to conclude that the job market will be improving by the start of next year and this means a lot of people could be seeing new developments in companies that have accumulated dust since the great recession.

So what does it mean for penny stock trading? Next week could likely be a bull run for a lot of stocks looking to prove their worth in the markets. The major indexes are holding at a solid pivot point ready to bounce back from a recent pullback. The Santa Clause rally is likely going to be entering full swing in the next week or two. The only thing holding the market back next week will be Thanksgiving. Aside from that, anything could happen.

So look for a few bullish moves next week in the major stock indexes. It’s likely we could see a preview of some very important advancements in price for a lot of companies reliant on consumer spending. If earnings reports are good enough for these companies, the job market could start coming back to life as well.

As far as my penny stocks to watch, one of them has already taken off and come back down. SPPH. It rallied all the way up from 20 cents to just over 50 cents in a few weeks. Sadly, James Connelly came to the party late this time. Sorry James! You picked a great stock, but I think you are likely too late to see any real profits for your members!

Anyways, MSLP is showing signs of life again, which excites me. I never thought we’d see it go down this far and with a recent announcement of a contract to endorse Lyoto Machido at UFC 123, this one is overdue for a bounce. I may just put out a buy signal for it. We shall see!

That’s all for now, stay posted for more trading insight!

Some people may be upset that I decided to add MSLP to my most recent update to my penny stocks to watch, but the truth is, there has been some tricky business going on with this stock recently that has caused some unnatural sell offs to occur as a result. I’ll be honest, the phrase pump and dump has been thrown around by this stock not to mention a few controversial claims that certain athletes who have been openly using Muscle Pharm supplements have been compensated under the table.

I’m not the only one to hold the same view about this company. Another blogger has noticed the same pattern in this stock. Regardless of the short selling that recently occurred and was likely the result of an orchestrated attempt by a shady group of hedge fund managers to illegally manipulate the share prices, this stock is still amazingly valuable. You have to be pragmatic about an issue like this.

What I mean is, take the real fundamentals of the stock and look at it before buying into the fear and uncertainty of a large sell off. They have had amazing earnings this past quarter, 300% of the revenue of the previous year.

Last month, they were named top supplement company of the month by Bodybuilding.com.

And after what is obviously an orchestrated sell off on a fundamentally sound company, they are trading well below their 50 and 100 day simple moving average.

I’d keep them in mind for a possible buy signal in the near future to correct some of these unnaturally bearish market movements.

Hey all, James Connelly sent out a pretty good alert on a stock that had a huge spike in price and trading volume today. The symbol was SSTC. Safe and Secure TV Channel is a television and broadband company dedicated to broadcasting information on emergencies for the Department of Homeland Security.

This morning, they made the following announcement:

Safe and Secure TV Channel, LLC (PINKSHEETS: SSTC), the premier internet broadband television network devoted exclusively to homeland security and emergency preparedness, announced today that it has expanded its programming with the addition of over 250 hours of content from the award-winning Homeland Security ConferenceOn.TV Network.

“Safe and Secure TV Channel provides a vital information resource and conduit to the high-growth Homeland Security industry,” said Theo Mayer, Founder and Publisher of Homeland Security ConferenceOn.TV Network. “Our rapidly-growing archive features the industry’s leading thinkers, scientists and engineers, providing Homeland Security practitioners and professionals with a valuable source of current information.”

If you buy penny stocks to make a profit, this is one I think has the potential to perform further on down the road after opening up new contracts with their parent company, the Department of Homeland Security. (Perhaps you’ve heard of them?)

Anyways, this particular alert was sent to me courtesy of James Connelly’s service, the Penny Stock viagra. To check it out, click the link below.

==>Click Here to Visit the Penny Stock Prophet Homepage<==

Seriously, LFBG has been one of my best penny stocks I’ve picked out for a long time. The hype of this stock isn’t at all baseless either. The driving power behind this stock is the newly announced contracts they’ve developed to position themselves in the national market. You need only read any of the previous posts on this blog to understand why.

If the movement continues, I may bring this stock back for a third month. After all, a big part of their success right now is the announcement of their Christmas marketing plan for their line of Christian video games. This means a lot of potential gains are still up ahead of us. I would place a reasonable stop loss, but stay in the market for a bit longer to see how this one pans out in the coming months.

Overall, great trade and will most definitely be giving anyone in it some love! A great way to earn some fast cash.

Hey all, if you’ve been paying attention to LFBG, you’d know that it’s already up 36 percent since I put it up on my penny stocks to watch list a few weeks ago. I made a pretty solid call adding it to my watch list when I did, and if you managed to get in on it, congrats!

So, what’s fueling LFBG?

The answer is simple.

They have a recent contract to distribute Christian video games with the massive conglomerate Wal Mart, which is a huge step forward for them.

Compound this with positive earnings reports, a good technical pattern and the fact that this micro cap stock is still managing to trade close to its 52 week low, and you have a formula for a pretty solid penny stock!

For those who bought in, It’s up to you whether or not to hold onto it. There could be further profits up ahead. Otherwise, congrats and keep an eye on my list of best penny stocks for more potential gainers!

Hey all, in case you’ve been keeping track of my updates on my penny stocks to watch list, I have had some pretty solid breakthroughs with a couple of picks of mine. One of the best I’ve come across is LFBG, a solid micro cap stock with a well cornered niche, the Christian Gaming Niche.

Needless to say, this stock has some serious technical momentum. The reason behind this is the large contract they recently received from Wal Mart to sell their games in a national retail environment, leading to new possibilities in revenue for the coming years.

I was a fan of this penny stock before this announcement was ever made simply due to their earnings reports and technical patterns from the previous weeks. They have an upward momentum for sure, and trust me, I’m not the only one who thinks so!

This stock has made my watch list 2 months in a row now, and if things continue, it could be reappearing a third time in the near future. I highly recommend keeping an eye on it and checking out my penny stocks to watch list for future updates on this stock and others. I’ll be keeping you all updated on anything that happens in the near future.

Hey guys, I’ve been looking through some picks from various newsletters, websites and my own research and have decided I’m going to start making a habit of contributing to the penny stock community that has grown here by giving a free penny stocks to watch list right here on my website. Don’t worry, this isn’t some sort of exclusive content or something you have to opt in to my newsletter to get, if you haven’t already! This is just a simple, straightforward resource that shows you my top penny stocks that I currently have my eye on.

Just keep in mind that this list is a watch list, not a buy recommendation! I am not a financial adviser nor do I claim to know what you specifically should be doing with your money.

These are picks that show great potential and could go up some time in the near future. That’s it! Take a look at them and watch them yourself to see if you can find a great trading opportunity, but don’t blindly grab them either. Make sure you do your own research!

That said, here is how my penny stocks to watch list is going to work. Every couple weeks I’m going to update it based on whether or not I believe a certain pick is worth looking into. My criteria consists of 3 simple factors:

1. A competitive advantage in the markets. This means taking hold of new assets, contracts or resources that will give this particular micro cap stock the ability to soar. This is very important as these markets change quickly and often times when a new advantage is developed, the stock doesn’t go up right away, meaning the reaction is delayed and will soon go up in price.

2. A positive technical pattern. Typically I look for significant volume spikes and the formation of common technical analysis patterns such as double dips and ascending triangles. So long as the stock has some volume spikes going on to indicate and increased trading flow and more exchanges of hands, it’s worth putting on my watch list.

3. Positive growth and earnings reports. In order to make it on this list, I look for a stock that has earned more this past few quarters than it expected. You can do this by comparing revenue statistics from last year or even the last couple years. A positive trend in earnings means it qualifies to be on my list!

Just keep in mind that I don’t issue buy or sell recommendations as I am not a financial adviser nor do I plan on becoming one. These are simply penny stocks that appear to have a lot of potential in my opinion.

Do I believe it would be a good idea to buy these? Possibly, if the trend continues, but anything can change in the stock market so don’t take my advice too literally!

Anyways, I highly encourage traders to check out my penny stocks to watch list and give me some feedback on the stock picks to help me out. I’d appreciate any feedback. Thanks!

What a lot of people don’t entirely understand about penny stocks is the concept of scalping versus long term trading. When people trade penny stocks, they start to lose track of the fact that these equities are practically valueless in and of themselves, hence they are traded at such a low cost on the stock exchange. For this reason, traders new to the art of penny stock trading have to understand the difference between scalping and mainstream trading and why it plays such an important role when it comes to trading these difficult and often times complex financial instruments.

A mainstream stock gets traded thousands of times per day and has much more liquidity than a micro cap stock. This is because mainstream blue chip investments such as Google or IBM stock are widely recognized for their value, not only in terms of potential appreciation due to the strength of the company, but also in the consistency to pay out dividends to their investors.

When you shift over into finding hot penny stocks to trade, the game completely changes! You are now attacking a market that moves twice as fast, so you need to be making each trade very carefully and tracking your progress day in and day out, no matter what.

Here’s a look at some of the difference between penny stock trading and standard stock trading people should be aware of:

Stock Trading

-Offers highly liquid trades that guarantee an immediate fill in price

-Trades move very slowly since the market is highly efficient. It could take weeks or even months for a stock to double

-Easier to speculate on since more people are actively engaged in these markets

-Have just as much risk as penny stocks only the market moves at a slower rate

Penny Stock Trading

-Low volume occurs on most penny stocks day in and day out. This means you need to look for a volume spike to place your trade in order to guarantee a fill!

-Trade moves very quickly since the small market on these stocks is very inefficient. You have to watch fairly closely for a spike in price.

-More complex speculation is required here because fewer people are in the market. Get a good trading system and preferably a newsletter to help!

-Stocks can double overnight, literally. Be warned as they can do the exact opposite as well!

That said, people need to ask themselves some smart questions before trading penny stocks, or any stock for that matter. There’s a decent chance this market just isn’t for you, but there’s also quite a good chance that it is! If you enjoy fast moving stocks and don’t mind the risks of trading on low volume, penny stocks can be quite a good investment for you.

The key is scalping. When you try to attack a penny stock via mainstream trading methods, you often wind up moving too slow for the market! This means you lose a lot of your profits to commissions and lack of volume, and often times wonder what exactly went on? You need to scalp, which means getting in on a sudden spike in price and volume, then getting out quickly! I talk about this a lot in my Penny Stock Prophet Bonus.

If you want to figure out if penny stock trading is for you, ask yourself a couple of simple questions about how you trade:

Do you enjoy fast moving stocks?

Do you want to be able to profit today and not a few weeks from now?

Do you mind scanning the market for volume spikes and heavy price action?

Do you not need dividends or any of the other features offered by mainstream mid and large cap stocks?

If you answered yes to 3 out of 4 of those questions, then I think it’s safe to say you’re a penny stock trader through and through! So what now? How do you get yourself to the level where you can make serious money in the financial markets and start quitting your day job once and for all? The answer requires some discipline and persistence on your part, but don’t fret! You can make it out of the rat race as a trader, or in the very least, make yourself some extra cash to help pay those bills. There’s nothing like a hobby that pays you, now is there?

Here are the 4 steps you need to take to become successful trading penny stocks:

Step 1: Educate yourself on the markets

Go to the book store and read like crazy! I recommend books like A Beginner’s Guide to Day Trading Online (2nd edition). Take a few educational seminars from classes like Investools or thinkorswim. These guys will teach you all the basics you need to know about trading. Get as much information in your brain for a few weeks as you can before even placing a paper trade.

Step 2: Find a trading system you like to help you scan the market

In terms of penny stock trades, the best thing you can have is a good newsletter. Some of the free ones out there such as Penny Stocks Expert are alright, but overall I recommend a paid for newsletter such as Penny Stock Prophet or Penny Stocks Psychic. These services both offer accurate alerts and better service simply because they make more money by being paid by each of their members to offer high quality alerts. It’s a lot better than guessing or using a crummy free service in most cases!

Step 3: Practice paper trades and build a successful trading journal!

Good penny stock trading requires building a solid journal of trades that shows you have made progress and become fairly consistent and generating profits. This doesn’t mean having no losses in your trades, but rather it simply means you are successful enough trading your wins over your losses that your losses are much outweighed by your gains. Do this for at least a few weeks to a few months before transitioning into live trades.

Step 4: Transition your trading journal into live trades

This is the big jump! When you’ve finally gotten the hang of trading basics and feel comfortable trading your stock alert system, move it into live trades with a small non-margin account. Do not put more money into the account than you can afford to lose! If you can’t afford to lose more than $1000, then make that the maximum amount you trade, period! At this point, you should be good enough at scalping penny stocks that you feel comfortable with the occasional loss, as you should. Try to start with at least $1000 if you can and absolutely under no circumstances put the nest egg up into your trading account!

So what is all the hype with NUEC and how is it that this stock has jumped 26 percent in one day after James Connelly sent out his alert? Has there been a significant bounce on the psychological support level for this stock, or is it going to crash and burn suddenly under such a sudden and extreme movement? I like to play the scalping game, so my exit point is either now or very soon! Here is my overall analysis: take it for what you will!

Green markets, while great and an exciting opportunity to profit off of what is essentially a fad, do not offer much in terms of new sources of revenue or new markets to explore. The reason is because green is such a vague term that refers primarily to services we already have or need to simply improve, like transitioning from throwing garbage out to recycling it. It seems a bit insubstantial to me that anyone base such a huge move in a stock on sources of energy that have never been deemed unworkable.

Albeit this is not an energy stock to go after, which is another reason I don’t see it as making a huge move potentially. This is an agricultural development stock that specializes in the creation of chemical mixtures to improve the working of soils. While that is important, agriculture is not a sector I see a lot of growth in, so I’d get out of this stock relatively soon.

Not that you will lose tremendous amounts of money, just that you won’t make a whole lot either, which is essentially the point of penny stocks. You look for a sudden move, then ride the profits up and scalp it. I really appreciate James sending me out this alert as it is a great trade, but one thing I have to say is, if you are in this one, don’t hang onto it much longer!

Smart traders can make a safe 20-30 percent off of trades like this, which is why I love PSP. I was beginning to think it was a fad, but every time a great trade comes into my inbox, I’m reminded that this service is actually pretty sweet, assuming you know how to work it appropriately!

My verdict: great trade for a quick scalping, and nothing more! Keep out of it for the long term as the only person claiming to be that this stock should multiply by 165 percent is, well, the CEO. And of course he would say that, now wouldn’t he?

Anyways, if you still haven’t gotten in on these alerts or checked out the bonus I made for James Connelly’s service that has been sending me picks like this, I highly recommend checking it out and getting in on the action by clicking here to get the Penny Stock Prophet trading service.