Friday, November 12, 2010

Let's look at some penny stocks

The market is a little flat lately so let's take some time to look at a few penny stocks that seems to be fighting the tread.

Top Ships -- TOPS --@ .91 -- 72% Barchart technical buy signal -- 17 new highs and up 26.39% in the last month -- Relative Strength Index 74.85% and climbing

Top Image Systems -- TISA - @ 1.18 -- 100% Barchart technical buy signal -- 16 new highs and up 34.09% in the last month -- Relative Strength Index 73.86% and rising

Emagin Corp -- EMAN -- @ 4.414 -- 96% Barchart technical buy signal -- 16 new highs and up 22.13% in the last month -- Relative Strength Index -- 81.14% and climbing

Incontact Inc -- SAAS -- @2.71 -- 88% Barchart technical buy signal -- 15 new highs and up 13.08% last month -- Relative strength Index 62.70%

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

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