Canadian Penny Stocks Blog

This pas week had some mixed performances but oil, gold and the Canadian dollar continue to again be stories to watch. Something that will be very interesting to watch this week is the fallout from the New York Stock Exchange rejecting the bid from NASDAQ in favor of support the Deutsche Boerse. Here are last [...]

Another 5-day trading week where stocks moved higher. What’s more is the Canadian dollar, oil, and gold all putting in solid performances as well. What does this mean for penny stocks? There are many Canadian penny stocks that focus on gold and oil. These will be your primary area of focus. The additional consideration however [...]

It’s a simple question. Is now a good time for penny stocks? There’s a lot of crazy things happening in the world and there’s enough volatility in the stock market in general so are penny stocks worth the extra risk? This isn’t a normal time and rest assured that while some people lost a lot [...]

Catch the Wind develops and manufactures laser based wind sensor systems with a primary focus on developing technology to serve the wind power generation industry. Their goal is to be the leader in fiber-optic laser technology in the wind energy industry. They want to make a cleaner, more productive world, which isn’t a bad thing. [...]

In the last penny stocks update there were 5 penny stock ideas as opposed to the usual 3. All of the stocks featured had an outstanding performance the week prior and it was a bit of a short term experiment to see if taking those stocks and seeing if gains could be added on in [...]

This past week was a rough one on the stock market without question and the penny stocks mentioned here took some pain as well. So let’s get straight to the pain: SLX.V – $0.98 – $0.85 (-13%) WPX.TO – $1.46 – $1.27 (-13%) BIO.V – $1.60 – $1.50 (-6%) Down turns can be a good [...]

One of the penny stocks to watch this week is Biosign Technologies. So what are they up to? Biosign is in the health monitoring business. Worth considering looking at the demographics of North Americans. Their main product is the Ufit system. Overall the stock is off of its high so it remains to be seen [...]

Followers of this blog know about Great Western Mineral Group and owners of the company have been very happy with the stock performance over the past 3 months. They have a consistent vision that they’re working towards and are positioned well to deliver on their vision and given the current price of oil, their timing [...]

The TSX is still marching towards recording setting territory. With the close this week at 14,252 the top in 2008 is close to 15,000. This leaves me thinking that we’re going to be seeing a correction soon. Fundamentally speaking, the stock market was inflated when it reached that level initially and the bubble burst, so [...]

A great overall week in trading Canadian markets. Most people holding on to their index funds must be happy to hear the news that we’re now trading at levels pre-recession. But we’re also hearing talk that it’s been too much recovery too fast on the stock market and the fundamentals don’t support the price. The [...]