Blog : Blog Feb. 1st

by Peter Leeds on February 1st, 2012

Welcome to the Penny Stocks Blog!

In today's penny stocks blog:

- a penny stock radio interview
- the Facebook IPO
- our soaring recent penny stock pick
- strong economic numbers affecting penny stocks and our picks
- today's new penny stock pick

A lot of things are happening in the world of penny stocks right now.  In today's penny stock blog, we'll discuss some of the main events.

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Thanks to Rob and Jerry of WRNR in West Virginia, for their great radio interview with my yesterday.  We discussed 12 predictions for 2012, and how that will impact penny stocks and stock market investing.  I had a great time, and we were able to touch on many issues that matter to penny stocks and stock investors during the hour.

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If you are thinking about getting involved with the Facebook IPO, make sure to read our previous blog first!

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Our Hot List penny stock pick from August 3rd is on a strong uptrend.  Since the beginning of January, this penny stock has soared from about 60 cents to $1.85, tripling in one month.  Today it's up another 13%, or 21 cents.  Given the current momentum in this penny stock, it probably has further to go.  Remember, in penny stocks, the trend is your friend.  

Having said that, keep in mind that we do not give trading advice, and each subscriber's decisions must be made by them and them alone.  In penny stocks, always take responsibility for your choices.  

What some Peter Leeds penny stocks subscribers tend to do with a winner like this is to sell a portion of their holdings.  Take some money off the table, but let the rest ride.  

As penny stocks go, this penny stock pick has the potential to be one of those massive gainers.  We will be adjusting our sell opinion prices higher.

The reason for this penny stocks' gains?  I would want to say that it's related to the Investor Relations firm they recently hired, but most of the gain happened previous to that point.  This is more of quality rising to the top, as penny stocks like this, with blow-away financial and operational results, will always eventually get noticed by investors.  It's just that subscribers to Peter Leeds penny stocks get to be involved early, before the rest of the penny stock investing world catches on.

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Some strong numbers came out on the U.S. economy.  This will impact stocks, penny stocks, bonds, commodities, and more.  Construction spending gained 1.5% in December, it's fifth consecutive monthly gain.  U.S. Manufacturing growth was at 54.1, showing expansion in the production sector of our economy.

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New penny stock pick coming out today, after the markets close.  Of all the penny stocks we've selected as penny stock picks in recent history, this may be one of our favorites.  Definitely a fundamentally solid penny stock, with great upside potential.  To see this penny stock pick, and every future and previous penny stock pick, make sure to take a free trial membership to Peter Leeds penny stocks.