11 Jun

Account Builders; 3 Penny Stocks Between $.25 And $1 To Consider Swing

by

Active Power (NASDAQ:ACPW) designs, manufactures, and markets critical power quality solutions. Solid 10% move on Friday and normally I’m not interested in chasing, but this could have another 10% run before resistance around $1.05 so watch for continuation. I’m not interested if it shows weakness, only if it continues above Friday’s range breaking the 200 Moving Average early in the week.

Neostem (AMEX:NBS) is a biopharmaceutical company, engages in the development and manufacture of cellular therapies for oncology, immunology, and regenerative medicines in the United States and China. Definitely my favorite chart of the group and plenty of volume for account builders. Key $.44 because if that goes it’s into the gap and off and running for $.65. Technically it’s nearing overbought so if it runs it will be heavy up top so don’t overstay the welcome. A trendline pull to $.37 might work too.

Savient Pharmaceuticals (NASDAQ:SVNT) operates as a specialty biopharmaceutical company in the United States. Excellent setup for a run to the low $1.20’s if it squeezes. I like the recent test of $.90, rejection but curl and head back in that direction. If it creeps that’s a good sign it’s gearing for a squeeze because a massive 53% of the float is short with about 13 days to cover.

10 Comments

  1. ted

    Hi
    Im getting ready to become a serious penny/subpenny trader your 1st on my list and soon will be suscribing have done a lot of searching and from what I have seen out there you seem to be the best! Doing dry runs and reaserch you will be hearing from me soon !!!

    Reply
  2. Doug Walls

    Great pic on the ACPW, I like the 6 month chart a lot !!!! I will be buying it on the next dip !!! This is GRAVY MONEY !!!! Thanks for the tip Jason !!!!

    Reply
  3. Al

    Hi, Jason.
    I was wondering what do you think of snpke? I got caught holding the back from $.60, do you think I will ever be able to fill my bag again.

    Reply
    • Jason Bond

      Guessing they are finished Al. You figure it only ran on the promo and that chart is horrible now. I could be wrong but if you check past plays by them NSRS and RAYS the chart tells the road ahead probably.

      Reply
  4. Al

    Oh my! I was hoping for the best. I guess I will just hang on for the next 30yrs.lol.
    Well, let me play my luck with Gbgm, I got the alert this morning. Let see what happen I got 13k on this one.

    Reply
  5. Rob, soon to be a subscriber, in Madrid

    Kind of a basic question but would do you market or limit orders? I’m assuming with a market order you have to watch the market all day to get in at the right price, a limit order may mean that it won’t get fulfilled.

    Does this sound correct?

    Thanks in advance

    Rob

    Reply
    • Rob, soon to be a subscriber, in Madrid

      For example would you put in a limit order ar .44

      Rob

      Reply
    • Jason Bond

      Yes, market is manual so the time you punch the order it will execute where limit you can place at a price level and walk away.

      Reply
  6. Rob, soon to be a subscriber, in Madrid

    Sorry can’t edit comments, limit order on NBS of .44

    Reply
  7. Rob, soon to be a subscriber, in Madrid

    Thanks

    Reply

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