-If you are a beginner to investing, just finding such a company can be a seemingly impossible task. Without knowing where to look, or what exactly to look for, there is a slim chance of success. In this case, you are most likely better off to examine the research and follow the guidance of an experienced penny stock pick service, or newsletter.
To be successful following the stock advice of others, you must first know that almost all major stock pickers are compensated handsomely to promote stocks. It is important to read their disclaimers to possibly gain more insight into each particular promotion. You should also understand that companies use stock promotion services to bring in volume and sell shares/raise money. This is, after all, the main purpose of a company to go public and sell stock in the first place. Unless you are just looking for a quick trade, always do your research of each company to gauge their legitimacy and potential to succeed.
There are many sites out there that provide penny stock picks, including this one. Here at TheThirdDimension.net, our number one goal is to provide our visitors with picks and evaluations of REAL companies with positive business intentions.
Our Penny Stock Picks:
To see more details on our Picks check out our Blog!
PRGJ - Put on Accumulation Alert on 8/24/10 with an asking price of .016...
KATX - We never put out a buy call on this but we should have! We did put it on the watchlist on 1/14/10 however while it was still trading under .04.. We hope some members took a look and grabbed some shares. It recently hit a high of just over .25 for over a 500% gain from our watchlist alert.
OPXS - Buy called on 1/12/10 at ~.135 entry. We were disappointed with volume following through after the news and sold at .13 for a small loss.
TDGI - We called for accumulation of TDGI in the low .02s on 1/6/10. The stock provided an easy entry at .02. As of 1/20/10 TDGI had a high of .036 with an easy exit at about .035 for a 75% Gain in under 2 weeks!
SKGO - Buy called at .0014 on 12/10/09. Stock soared as high as .0048 into the end of the year and into the new year and offered multiple opportunities to unload shares in the .0040s where we recommended a sell for a 300%+ Gain in just 20 days!
OWVI - Called for a weekend play at .0036 on what looked like a potential breakout. Traded briefly at .0040 and backed off. We called an immediate sell at .0037 on our blog for a small gain. Stock sold off afterward.
MHTX - Called at .15 on 11/20/09. Stock never got going and has settled into the .11-.12 range for a long period of consolidation (~20% loss). We believe in the future of the stock and think it could make an upward move soon, but we do not currently own any shares.
EMGE - First buy 10/7/08 at $1.04. Hit $4.59 9/25/09 for over a 440% gain! The stock was suspended a few days later.. however if you check our history you will see we were one of, if not the only ones covering EMGE that urged profit taking all the way up. The stock is trading on the Grey-Sheets with low volume. We believe shares will increase in value once the stock is back onto a quotable exchange.
CVM - Buy alert at $1.37 on 9/17.. cautionary sell alert at $1.39 9/18 but stock continued to run over $2 for a 45%+ gain on 9/19.. You can't win them all.
EDAP - This has been a steady loser for us and cannot gain a fair value on the market. We still believe it is a great company poised for awesome gains, but calling the bottom is like catching a falling knife and we've failed a few times already.
DVAX - Dynavax Technologies Inc. - First sell call at $3.10+ for a 470+% Gain from our initial buy call of $0.66! Accumulating shares under the $2 mark - As of 9/25/09
IDOI - IDO Security, Inc. - In at .0054, out at .0078 for 44% gain overnight! - Completed 8/3/09
To see more details on our Picks check out our Blog!
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- PennyInvestor.com
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