JimVanMeerten (47.71)

6 Hot Penny Stocks for your watch lists

January 20, 2011 – Comments (1)

I found these stocks by screening on Barchart for those OTCBB stocks hitting the most frequent new highs.

Penny stocks are not investments and should be considered to be speculative or pure gambling - Lotto tickets legal in all states.  These are not buy recommendations just something to put on your watch
list and have some fun with.

ENTB - Entest Biomedical

100% Barchart technical buy signal

18 new highs and up 150.00% in the last month

Relative Strength Index 91.37% and rising

Trades around 3.50 with a 50 day moving average of 1.60

SNRV - Sun River Energy

96% Barchart technical buy signal

17 new highs and up 50.00% in the last month

Relative Strength Index 82.71% and rising

Trades around 3.60 with a 50 day moving average of 2.44

CHME - China Medicine

60% Barchart short term technical buy signal

16 new highs and up 40.93% in the last month

Relative Strength Index 64.23% and rising

Trades around 2.07 with a 50 day moving average of 1.80

DYSC - Derycz Scientific

88% Barchart technical buy signal

15 new highs and up 40.93% on the last month

Relative Strength Index 76.97% and rising

Trades around 3.20 with a 50 day moving average of 2.32

LFVN -- Lifevantage Corp

 88% Barchart technical buy signal

15 new highs and up 100.00% in the last month

Relative Strength Index 84.25

Trades around .72 with a 50 day moving average of .40

PAMT - Parametric Sound

Trading less than 6 month so not rated by Barchart

14 new highs and up 85.71% in the last month

Relative Strength Index 80.84

Trades around .65 with a 50 day moving average of .37

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.