By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
One of the best techniques for finding penny stocks to buy is finding industries experiencing tremendous growth.
By pinpointing these explosive-growth areas, investors can find small companies and stocks that are poised to break out. These penny stocks frequently deliver massive gains in a very short period of time.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
Sometimes even a 24,000% gain can be a bad thing, especially if it involves a very dicey penny stock.
CYNK Technology Corp. (OTC: CYNK) spiked from $0.10 in mid-June to a Wednesday closing price of $14.71 in less than four weeks. But according to publicly available data, CYNK has never earned any revenue and had lost $1.5 million as of the end of 2013. Oh, and the company has no assets, either.
How could a penny stock like CYNK soar so dramatically, and who might be orchestrating it?
That's what everyone wants to know...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
After two days of selling, stocks steadied Wednesday and were modestly higher by midday.
But there was nothing modest about the hefty gains a number of hot penny stocks scored in today's trading session.
Get five of Wednesday's penny stocks on the move, and find out what's behind their action...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Investors are always looking for cheap stocks on the rise, because small-cap stocks can bring huge gains in a very short period of time.
Because these stocks have small market caps and low prices, they can be very volatile. Investors who are on the right the right side of those swings, however, quickly forget about the risks of owning penny stocks.
With that said, here are five cheap stocks that have already posted big gains, and still have room to run…
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke - • Print | Email
On Monday, USEC Inc. (NYSE: USU) had penny stock status at $2.75 per share. Today (Wednesday) – just two days later – the global energy company traded as high as $12.265 per share, for a 346% increase.
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke - • Print | Email
Penny stocks represent an inherently riskier investment option for investors. But with these risks in mind, be aware that not all penny stocks are created equally – some can be solid investments with wonderful upside potential.
Today's (Wednesday) big movers come from a variety of sectors, including biotech, retail, financial services, and energy, and they are making gains for different reasons. These top penny stocks do have one thing in common – today their investors cashed in big.
Here are today's top penny stocks, and why they're on the rise...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
In December of 1999, Radioshack Corp. (NYSE: RSH) stock was worth more than $76 per share. Today, RSH is worth less than $1.
And while RadioShack is the most recent example of a high-flying stock that dropped to penny-stock levels, there are plenty of other major companies that are prime candidates to make the same move.
Here are five companies in danger of trading for less than $1 if they don’t turn it around soon…
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Some of this year's top penny stocks have come out of the little-known or followed hydrogen fuel cell industry.
The sector garnered a great deal of attention in 2014's first quarter, thanks to lucrative contracts inked by Plug Power Inc. (Nasdaq: PLUG).
By Money Morning Staff Reports, Money Morning - • Print | Email
The recent boom in pot penny stocks almost seems too good to be true – and according to the Securities & Exchange Commission, it might very well be.
In the past few weeks, the SEC has been investigating several pot stocks-eight of which have now been temporarily suspended. According to the SEC, the suspended marijuana stocks were in violation of serious regulations, including instances of "manipulative transactions" and "unlawful distribution of securities."
Here’s where that leaves the state of pot penny stocks today.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Health care stocks offer some of the best profit opportunities on the market as companies unveil new treatments, drugs, and products with huge revenue potential.
That's exactly why these three health care stocks have landed on our "penny stocks to watch" list for the remainder of 2014. They all have the potential to add to their revenue streams, and boost shareholders' investments this year.
