Canadian Penny Stocks Blog

Hey everyone, This posting is a little later than expected tonight as I was out with the lady friend watching “the Hangover” and it turned out to be a pretty funny one.  Just about as funny as that biotech stock pick from yesterday.  Still a winning day though. I’ve also recently been dabbling with day [...]

The stock market moved downwards most of the day with a recovery to just below the opening price the close of business. Yesterday’s Picks: CGK.V – $0.07 – $0.07 – 0.00% HKO.V – $0.02 – $0.02 – 0.00% UUU.TO – $2.16 – $2.36 – +9.26% Tomorrow: ATC.V – $0.30 – Has the right properties and [...]

I’ve really been bullish on Gold Hawk lately as you may have noticed, but it seems I’m not the only one as the president has recently purchased an additional 2.3 million shares.  So this, coupled with positive news and futures pointing higher, it could make for an interesting week.  After this post I won’t mention [...]

As with any moves in the stock market people have different views of where things are going.  Here’s a chart from hotstockmarket.com.  It shows that resistance but breaking through resistance could move the price as high as 1300.  Personally I’m not sure if another 30% appreciation is possible but that remains to be seen. So [...]

Whooooa Nelly!  Pretty positive day on the markets.  I’m especially pleased with the performance of picks with SSS.V up a cool 32%.  I noticed something the other day though.  When I came across ELR.TO as a stock on the move I took a look and the chart for spot platinum and noticed something very different. [...]

I’ll have to admit that my personal portfolio took more pain than my picks today.  But here’s how things looked for the picks. UW.V – $1.43 – $1.45 (+1.40%) SSL.V – $0.475 – $0.54 (+13.68%) Today Best Performers: (with volume > 500k and share price < $2) TSX: MB.T – Open $0.38 – Close $0.70 [...]

Not as much of a pullback as I expected.  Things were pretty flat today. Yesterday’s Picks: CGK.V – Open $0.065 – Close $0.07 (+7.69%) PRZ.V – Open $0.08 – Close $0.075 (-6.25%) Today Best Performers: (with volume > 500k and share price < $2) TSX: MTI.T – Open $0.15 – Close $0.21 (+40%) TSXV: SSS.V [...]

The Bulls had a big run today with big run ups in commodity stocks.  The news of GM’s bankruptcy didn’t really affect the overall markets.  I’m expecting a pullback tomorrow from simple profit taking after such a large run up.  But as someone said, “traders have to trade” and I’ll have a few stocks for [...]

After week one in the Canadian Penny Stocks blog things are good with no losers and only one stock that didn’t move upward.  During the downtime I’ve put up a few articles.  If you like them, leave a comment. Let’s see what another week will bring. Last Week’s Canadian Penny Stocks: UW – 1.41 – [...]

Source (Guijarro85) Another invaluable lesson to be learned at the beginning is to never chase a stock that is running up quickly.  Again this rule applies even more so to penny stocks than other securities. Canadian Penny Stocks can be particularly volatile creatures that are often tied to commodities prices as well as company specific [...]