What are good penny stocks to buy that has good foundamental for short term?
There is no way to know until they are no longer penny stocks…. Some turn into huge companies, and some go bust, (but then again you only paid pennies for them, is the entire point) … If anyone knew for sure, they would buy them themselves. If you want to buy Penny stocks, just take your chances like everyone else.
I provided the following two, a week ago, and received Best answer: Valence tech (vlnc) and Open TV (optv). Since then, Valence Tech went up about $1.00, while Open TV dropped ten cents. I have owned and played with them for a long time. The reason I like them more now is that there is high Insider Buying going on, and if you do a seach on any Money site like MSN or Yahoo, you will see the Insiders buying recently these two. With Valence Tech, I think they have a shot at getting lithium batteries in vehicles that would get people using less gasoline, thus providing some savings. Should gasoline keep going higher, this company should go higher as well. The volume is higher now than it was a month ago, so that leads me to believe that many manufacturers of vehicles are maybe planning on putting their product into the vehicles of the future. Who knows, it may be a good alternative energy company one day. With Open TV, there are some small profits showing up recently, so it may be a good c
Check at some gold and silver mining stocks and look at their charts. The pharna bio stocks have sudden jumps and difficult to predict. Generally the penny stocks have no fundamentals but very speculative. Also, it depends how much greedy u want to be. Some good penny’s go up slowly, others go up in spurts usually the pharma’s ones which develops new drugs as they go from one phase of study to next as FDA approves. For penny’s u may sit on them for long time before they make a sudden upward move. Don’t buy VLNC $3.74 now unless u want to take great risk. It is the time now for the investors to cash on the huge recent jump. U can buy on a dip or retreat though. U can trade the stock though and make 15% or 20% here and there some times. OPTV is dud. U may think to buy some SIRI Sate;lite Radio at $2.73 it may go up to $3.60 after the market little bit recover, but I do not beleive u can double ur money soon.
