Penny stocks breaking out
Some action with several penny stocks today (source hotstockmarket.com penny stocks section)
EEVT +172% to hit $0.026
CPPC +120% to 23c
UVUM 0.06 +56%
NVST +35 to 0.018
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ROFO +60%
ROFO is making an impressive move today after an announcement of a buy back program.
Other movers today include: IPZI +62%, LTSC +32%, VSPC +24%
MSTF +81%
MSTF has been making an impressive run. More on the MSTF message board
Hot stocks
There are some hot penny stocks out there this morning:
EMNC is hitting +180% in early trading, can not find any news on this yet.
VYEY -Victory Energy found some buyers and is hitting 9c with a +58% gain for the morning.
RNCH - Rancher which we mentioned before is +16% to 70c, a good run for this stock so far!
Best penny stocks today
COINW continues to make good moves, +13% today, one of the better performing stocks out there:
RCCH, STIY, DANKY, CCTC
RCCH continues its run, hitting +55% today at $0.07
STIY rebounding off 50c support and hitting $1.14 for a respectable +30% gain this morning.
DANKY has had some volatile trading sessions recently, today it is making a +27% move to $0.31.
CCTC seeing a +62% move after a 5:1 split this morning, this stock has made tremendous gains over the past few sessions.
Best penny stocks to have owned this week
Shareholders of Genta Inc (GNTA) have had a stellar week if they managed to get in at the support levels around $0.42 just two weeks ago. GNTA is a fine example of a penny stock trading at a resistance level and finally breaking out to some amazing short term gains. After bumping up against the 50c resistance for the better part of two weeks, the move occured on the 6th of this month as a high of $0.52 was hit. This was the signal that we often watch for, a break over resistance. What followed was an impressive run which is still going on today. Last at $0.85 (+16%), GNTA is a 100% gainer from the support level.
Small caps to watch
INFS - Infocus Corp gapped up this morning +13% Strong sideways channel since Aug, trying to break over $1.80 resistance.
LIPD - Lipid Sciences +13% today to 77c, downtrend being challenged.
JUPM - Jupitermedia Stuck in a nasty downtrend since July, but nothing can go straight up, or down (unless its going out of business). Watching for a possible break in the trend by a move over $3.50.
NAVR - making a nice 7% move to test resistance at $2, off the $1.50 support level.
LEVP - Support at $1, last at $1.26 +5%, the stock recently sold off from $2 and is trying to make a bounce.
Our stock picks are on fire!
SHOE - mentioned yesterday at $1.28 hit $1.75 this morning, +36%.
SCEY - making waves today with a 20% gain to $1.32
SMTK - A monster 71% move to $3.18!
New one to watch is THLD, coming off 40c support to $.59, +34% this morning.
Penny Stocks For Tuesday
IVIT making a big 80% today to 0.016 on good volume, no news on the wires to account for this move.
PPVB - New company, new ticker, formerly traded under REDZ. Purple Beverage Company is up 50% to $2.40 as investors seek fair value for these shares.
WNBD - Winning Brands continues to be a winner, now touching $0.05, a far cry from $0.006 a few days ago, logging a whopping 22% today alone.
AURC - a nice 20% move here in the early hours, coming off 2c after a big downtrend.
SHOE - Gotta love those ticker symbols that are easy to remember! Shoe Pavillion up 10% with a possible cup n saucer forming on the chart: