Favourite Penny Stocks?

arya · 02-29-2008, 02:53 PM

Does anyone have any penny stocks that they're invested in and that they want to share with the board? Any time that I've been invested in them in the past was as a result of word of mouth from friends and co-workers. I'm not invested in any right now, but might be if I can find another nice one!

arya

arya · 03-02-2008, 10:36 AM

Okay, here's a stock I found based on a StockScreener search for TSX stocks: MACD Osc X signal, Momentum X zero, EMA 5 X 5 EMA,Boll Pen outer, Avg Vol > 10000 and pRatio > 1.2
TVC traded on the TSX

"Tournigan Gold is engaged in the sourcing, exploration and development of mineral properties."

They're currently trading around $1.35, and there has been a lot of insider buying in the last couple of months. Since around the end of November 2007 there have been around one million shares either bought outright or granted as options to insiders.

It's risky because the volume is low, but based on the technicals and greed (I mean that in a nice way of course) of the people in charge, what do you think? They are involved in gold after all.

arya

edgarc · 03-03-2008, 08:57 PM

Why did you pick TVC? Based on the technicals only? I see that the price climbed a bit todya, bit too early to tell if its trending tho?

arya · 03-05-2008, 01:27 PM

Okay, I need a new crystal ball. Since I posted this over the weekend, it's dropped a dime. It still looks like a long term buy/hold, but didn't pan out on my hopes of picking one that's on its way up, fast.

I'll try again..... stay tuned.....