Mostly a negative day on the TSX and it did end up in negative territory. The interesting thing is oil. It looks to me like it will be hitting a short term low and should see a little boune back. That’s a good thing for the penny stock picks. The picks from yesterday are indeed down today but not out. It’s still deal hunting season. With RRSP season ramping up it’s going to be a great opportunity for many people to be moving their money into the market. Get in now before the herd at the end of February.

Yesterday’s penny stock picks:
ARG.TO – $0.83 – $0.79 (-4.82%)
SGR.V – $3.46 – $3.37 (-2.60%)

Stocks to watch tomorrow:
GWG.V – $0.27 – They have hired on an investor relations company for a 1 year term. This will likely see increased volumes for the stock and could result in more volatility. One to watch for more reasons than ever.
GAP.V – $0.17 – Big volumes today with a move higher.