It takes no explanation to see that it was a rough week on the stock market but how did the penny stock picks perform this week?

OPC.TO – $2.63 – $1.90
CSG.V – $0.99 – $1.08
MTB.V – $0.175 – $0.16
AUX.V – $0.065 – $0.06
YNG.TO – $0.27 – $0.27
ATC.V – $0.92 – $0.94
GAP.V – $0.225 – $0.205
MAA.TO – $0.59 – $0.54
ISD.V – $0.40 – $0.37

Clearly there is more red than green up there but as mentioned many times before this isn’t always a bad thing.  It can present tremendous opportunity to find stocks cheap.  For example OPC.TO is a wildly volatile stock and with the numbers released this week it took a huge hit and is likely more exagerrated than was really required in pricing in the news.  This continues to be tradeable although short-side trading might be the way to go until we see a solid base.  MAA.TO is another great penny stock pick that was previously mentioned on the blog and is ripe for the trading soon enough as long as you have your strategy down.

How are your picks doing during this correction?  Feel free to leave a comment!

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