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Morning Traders,
Yesterday I locked in over $1,400 dollars profit or over 5 times the sign up fee to PennyPro quarterly found right here.
FIVE times, the sign up fee in a single day of trading, you can easily do this too follow my alerts.
If you feel you need the extra one on one mentoring then PennyPro Elite seen here gives you this. Profits like we saw yesterday can pay for your full year of service in about 2-3 days, it really isn't that hard.
Here are 4 hot penny stocks under $5 I am watching for today
GSAT - Coming off a long downtrend and a sideways move, Holding $1.15 is key with potential targets of $1.34 to $1.43. Currently 11.27% of the float is shorted, could be a nice short squeeze candidate.
RGSE - the ideal short squeeze play for the day. Doji candle on Tuesday with a bullish hammer yesterday. Currently 11.90% of the small float is being shorted, major opportunity for a short squeeze to mid $3s or even $4 dollar range.
TNK - Has yet to break above the 50 MA line since early June, doing so could cause some of the 7.29% short positions to cover and give a short cover bump. I would look at $2.80 to $2.90 as easy short term targets if $2.70 is broken today.
XCO - Nearly 9% of the shares in the float are being shorted and we are nearing a key 200/50 MA line break, this could pop to high $1.30s to low $1.40s on the next move up.
Jeff Williams
PennyPro.com
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