Canadian Penny Stocks Blog

Profiting from Canadian Penny Stocks today

Entries for May, 2010

Penny Stock Profile: Canaco Resources Inc.

This is another company early on in the stages of development but by watching the video below you will see the possibility that exists with this company in Tanzania. Hitting the tip of the iceberg could mean big moves for this company once the finds are made and based on news releases they may actually […]

Can You Really Make Money With Penny Stocks

It’s a question worth asking yourself every now and then. Can you really make money with penny stocks? This type of stock is often associated with junk status and rife with scammers and never an opportunity to make an honest dollar. This blog really doesn’t subscribe to the scammer mentality and believes that there are […]

Penny Stock Profile: Theralase Technologies Inc.

Although only coming across this company recently, it’s really interesting work they are doing. I’m a strong supporter of companies that are coming up with innovative ways of beating cancer. Ones that are showing signs of progress and adoption are worth looking into for investments. The headline from a press release in January really says […]

The Europe Story Isn’t Over Yet

I must admit that I get a kick out of watching Jim Cramer. The flashy entertainment often makes for an amusing time while eating supper. I came across this video today from Jim Cramer talking about Europe and his statement was actually really something that is worth listening to. Some part of Europe will collapse […]

The Ups and Downs of the Stock Market

Since the last post on technical analysis, a trillion dollar bailout happened in Europe and drove the markets wildly higher and have since been pulling back and have a lot of people talking about a double-dip recession. Clearly volatility is high and will continue to be so in the foreseeable future. The other big news […]

Canadian Stock Market Outlook

Reviewing the Toronto Stock Exchange 6-month chart from a technical analysis perspective.  The analysis shows that the recent channel upward has been significantly broken by last week’s dramatic fall in prices. Market prices have broken through two lower support levels and are now heading towards a 3rd support level.  Barring anything significant news on Greece, […]

A Waking Giant

A stock up 80% today.  No news released on a fairly quiet stock but it’s up 80% today.   This type of thing happens in penny stocks.  It can be a wild ride and when you’re on the winning side of an 80% trade it feels pretty good.  This case might involve someone loading up before […]

Canadian Stock Market Outlook for May

A lot of sentiment is saying that May is going to be a down month for the stock market and while it may be true, we should take a look at the technicals to see if the match up with the fundamental weakness that is permeating the emotions of investors. Both in the short term […]