Archive for January, 2009
Profitable Penny Stock Trading
Written by troy on Monday, January 05, 2009 | No Comments
Categories: Uncategorized Tags: BRCD, Brocade, Penny Stock Trading, profitable penny stock trading
I thought I would give you a quick update. I told you about BRCD a little while ago and mentioned a few days ago that I would go long the trade if it held above 2.75. The following day I entered the trade at 2.81. Currently, BRCD is trading at 3.39. I am getting out since I am satisfied with the amount made.
Below you will see the chart that prompted my initial trade. I bought when it crossed above the 100 period moving average. I was using 15 minute intervals at the time.
By the way the move from 2.81 to 3.39 was a move of over 20% in just a couple of days. Hopefully, seeing this you will begin to understand the income potential of trading penny stocks.
Oil Penny Stocks
Written by troy on Sunday, January 04, 2009 | 2 Comments
Categories: Uncategorized Tags: oil penny stocks, Penny Stock Trading, penny stocks
Here is a list of Oil Penny Stocks for you further research and future trading. They are specifically in the Oil and Gas Drilling and Exploration Industry. The oil industry has attracted a lot of attention lately and may be able to provide profitable returns in the future. In compiling this list I looked for stocks trading between $1 and $5. I told you previously that I am not a big fan of companies trading below $1. I also excluded oil penny stocks on the Pink Sheets for other reasons. I hope the list is hopeful to you. You will find the symbol after the company name.
Atlas Pipeline Holdings, L.P. [AHD]
Canadian Superior Energy Inc. [SNG]
Cheniere Energy, Inc. [LNG]
China North East Petroleum Holdings, Limited [CNEH.OB]
Constellation Energy Partners LLC [CEP]
Crusader Energy Group Inc. [KRU]
FX Energy, Inc. [FXEN]
GeoGlobal Resources Inc. [GGR]
Hercules Offshore, Inc. [HERO]
Hiland Holdings GP, LP [HPGP]
Key Energy Services, Inc. [KEG]
New Concept Energy, Inc. [GBR]
NGAS Resources, Inc. [NGAS]
Parker Drilling Company [PKD]
Quest Energy Partners, L.P. [QELP]
Rex Energy Corporation [REXX]
Teton Energy Corporation [TEC]
Tri-Valley Corporation [TIV]
Venoco, Inc. [VQ]