Canadian Penny Stocks Blog

Lots of downward pressure going on with possibly more to go.  If you have cash, I’d hold on a little more.  It might be a good time to look at that portfolio of yours to see if the stocks you’ve purchased are still holding up to the reasons that you bought them for.  If so, [...]

It was Madoff mania today! More reason to invest for yourself rather than trusting your money to others. No one cares about your money more than yourself! Mercator Minerals moved higher today but closed even at the end of the day. It’s still channeling in around the $1.40-$1.45 range. If if falls out of the [...]

After a dip in the pool, some BBQ, and a quick trip to the beach, the weekend is over and we’re back at the investing game. For a couple of days at least. The author behind this blog is planning a little vacation from Wednesday through to Sunday so for the latter half of the [...]

I’ve asked Bob Iaccino from TraderOutlook.com to come back and give us a short article on “The Psychology of Loss” as a LOT of people have recently dealt with it. Bob’s written two previous articles which you can find through this link. Please enjoy the article and visit Bob’s site TraderOutlook.com for more great info. [...]

Not too often are recommendations to sell on this blog.  Usually it’s a springboard for stock ideas for you to take as a stepping stone for your own due diligence. But today I’m officially taking one stock off the list to even consider buying. OPTI Canada (OPC.TO) was originally featured on the blog at $2.89 [...]

The TSX managed to pull ahead at the very end of the day. Mostly a sideways day though. It might be tough for the bulls to keep steaming along tomorrow. Should some good news surface it could push prices higher, if not, then expect further downward pressure. Speaking of downward pressure UW.V dropped a whopping [...]

Looks like today brought a lot of pain to a lot of people.  The World Bank announcing a downward forecast of the 2009 world economic growth numbers and a slower recovery to 2010.  This drove the TSX down a whopping 453 points.  Many people believe that this could be a fundamental shift back downwards as [...]