Tuesday’s Penny Stocks Preview
What a whopper of a day with the TSX gaining over 2% fueled by record gold prices and oil higher too. We’ll hope for this trend to continue on this week though I suspect there might be some profit taking tomorrow, it should remain a profitable week. I’m under the impression that I missed out a bit on the MAA move last week as it’s currently sitting at $0.59. If you’re following me on Twitter you could have got in at $0.53 although I didn’t take my own advice. It’s still interesting at these levels for me though. Please do follow me on Twitter.
Yesterday’s Picks:
NRI.TO – Open $0.365 – Unchanged. Mostly a down day. $0.33-0.35 should be the base.
MTB.V – Open $0.14 – Close $0.15 (+7.14%). This one did make it up to $.16 today.
The penny stocks to watch tomorrow:
ELR.TO – $0.83 – Earnings are due out on Thursday. It will likely be a run up in price before the news. One to watch for sure.
AGX.V – $0.09 – Over 5 million shares traded today. Let’s see what’s up with this junior explorer.
PS: Perhaps now’s a good time to remind you; please don’t interpret anything I say as financial advice. Just sharing my opinions. Read the dislaimer and invest based on your investment advisor’s advice.
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