Thursday, January 20, 2011

6 Hot Penny Stocks

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.


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