penny stocks

I previous gave Viking Systems Inc. VKNG a penny stocks penny stocks rating of 1, our highest and most favorable rating.  VKNG is not the typical penny stock in that it trades in the .30 to .40 cent range, but does it really matter what price a penny stock is if the longer term price [...]

LBSR today filled the gap just as I predicted yesterday and also traded down hard into the close creating a bearish piercing candlestick pattern into yesterdays up candle. The forecast has not really changed since my last post.  We filled the gap as expected and now are indicating price weakness again and should drift down [...]

Liberty Star Resources filled part of its huge down gap today as predicted in yesterday’s post.  It did not fully fill the opening down gap today but came close.  I don’t know if we will fully fill the gap tomorrow or not, we might.  It is a possible scenario for September 8, 2010 (Wednesday’s Trading) [...]

LBSR went into a high volume correction and is currently in a very high volatility state.  It tested the lower range of support near .06 cents and reversed higher very strongly to close the week out.  This penny stock will now move from a high volatility state to a low volatility state that will likely [...]

There is an old adage in stock market lore about the bulls, the bears and the pigs.  All three of these types of market participants exist in the market.  Generally speaking it is never wise to be a pig in the market because usually it can lead to giving back hard earned profits.  Pigs hold [...]

I am being a bit too dramatic with the title of this post, but to a certain degree it is true.  I mentioned in previous posts on KATX that it must must hold .105 support to keep the bullish scenario alive for breakout later in time. Today KATX chose to bust support and close at [...]

My apologies for the late post today.  I am a bit busy preparing to head out to the Cape during the end of this week.  I will have more detailed thoughts on both LBSR and KATX along with plenty more penny stocks that come across the radar screen in the days and weeks ahead.  Please [...]

KAT Exploration Inc today showed a sign of strength once again and bounced off the very critical .11 cents range showing renewed demand for this gold penny stock. At this point it looks like KAT Exploration Inc has passed the test of holding key support at .11 cents.  I mentioned before about how important that [...]

I am trying to think of anything bearish about the liberty star uranium corp chart today and based on all the signals I usually look at there is nothing I can find of major impact that is bearish right now.  The MACD potential sell signal in place as of yesterday failed yet again today and [...]

Liberty Star Uranium Corp is the strongest penny stock I have ever seen in my life.  It is nothing short of astounding how strong this penny stock is.  Today a downward correction was fully retraced and LBSR actually closed up on the day.  Truly an amazing recovery today. We first highlighted LBSR at .03 cents [...]