Another week of trading is about to get underway in less than 12 hours and the Asian markets are pointing downward as of the writing of this post.  Friday was a wildly volatile day.  We’re expecting weakness in commodities this weeks which may prove difficult for profits in the penny stock field, unless we can find a few winners.   One winner that was feature here on the blog and highlighted by a Canadian Penny Stocks reader is ENCORE RENAISSANCE (EZ.V) which was a featured stock pick on September 30th trading at $0.09 which is now at $.185 for a > 100% pick.

Stock picks from Friday:
YNG.TO – $0.225 – $0.205 (-8.89%)
WPX.V – $0.455 – $0.485 (+6.59%)

Penny stocks to watch on Monday:
AVI.V – $0.09
Advitech Inc. (Advitech) is engaged in the research, development and commercialization of nutraceutical ingredients and products. The Company produces Dermylex for the treatment of mild-to-moderate psoriasis. Advitech has an ongoing research program to develop new applications related to wound healing. This development is derived from both its XP-828L and IM platforms. During the year ended December 31, 2008, Advitech launched a line of products for skin regeneration, remodeling and skin immune support and a line of bioactive growth factors targeting applications for the immune system and athletic performance. In November 2009, the Company announced the acquisition of Botaneco Specialty Ingredients Inc. held by Avrio Ventures Limited Partnership and SemBioSys Genetics Inc.
EC.V – $1.00
Ecometals Limited is a Toronto Venture Exchange-listed mineral exploration company with a primary focus on South America. The company’s current exploration portfolio includes iron ore and manganese prospects in Brazil and gold projects in Ecuador. The management team has significantly advanced the existing projects and the company is on the verge of changing from a resource exploration venture to a development company generating cash flow. The company’s projects have significant upside potential and management is committed to fully realizing this potential.

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