Didn’t believe me in my FREE Penny Stock eBook when I talked about penny stock manipulation? Here’s some pretty hardcore evidence of the penny stock manipulation that goes on down here in the gutter! This scam netted $6.2 million in illegal profits. You may or may not surprised by some names mentioned….

Directly from the SEC.gov site

SEC Charges Eight Participants in Penny Stock Manipulation Ring

The Securities and Exchange Commission (“Commission”) announced today that it filed a complaint in the United States District Court for the District of Delaware against Pawel P. Dynkowski, Matthew W. Brown, Jacob Canceli, Gerard J. D’Amaro, Joseph Mangiapane Jr., Nathan M. Michaud, Marc J. Riviello and Adam S. Rosengard. The complaint alleges that in 2006 and 2007, Dynkowski, a Polish citizen who resided in the U.S., engaged in market manipulation schemes with at least four separate stocks: GH3 International, Inc., Asia Global

There have been alot of penny stocks in play this week but unfortunately I haven’t been around but I did get to trade one penny stock on Wednesday. I didn’t have time to update the blog on the trade, but I did update via my twitter. I traded the nice breakout on penny stock INSM for a small gain – coulda/shoulda had more but that is what happens when trading penny stocks BUT anytime you have a profitable trade…then its a good one! Lets get to the penny stocks to watch for today. Remember that the market is closed on Monday, and keep in mind normally Fridays before a major holiday are very slow and not much volume is pushed through the market.

MRM 200%+ move here for this high paced penny stock. Reason for the move you ask? Earnings! They reported a “turnaround” performance in

I apologize about the lack of watch-lists and blog post this week. There was a death in the family so I have been dealing with that for the past couple of days, but am looking forward to get back to blogging and trading starting….. today! Also, this weekend I’ll introduce the Charting 101 series which will run into next week also and will be filled with tons of information on trading penny stocks with stock charts. Here are your penny stocks to watch for today…

ISCO is the only potential penny stock to short for today. Muli-day spiker we have here with some fluff news that really doesn’t justify a move of this magnitude. I’d look to short this penny stock on a green-to-red move OR a break of 1.00. Make sure if it breaks 1.00 that you have solid selling volume because that will confirm the change in

Sorry for the lack of a penny stock watchlist yesterday as I was very busy, and same for this morning. I probably won’t be able to trade today, but goodluck to you!

Gonna make this quick cause I gotta leave in a sec!

Potential Shorts

BIOF

CMZ

LEE

COOP

PSOF

Potential Buys

COT

I was on Twitter for a second yesterday and a came across an interesting tweet from Timothy Sykes……

When shorting penny stocks, it’s so key to wait for these afternoon fades and ideally the taking out of the morning lows, remember this! Follow Tim

An afternoon fade is one of a penny stock trader’s best friends when short selling penny stocks. It is one of my favorite short selling patterns because it’s VERY predictable.

So lets get to the basics: What is an afternoon fade? An afternoon fade is when a penny stock gradually (sometimes sharply) comes down off its highs of the day and keeps making lower lows for the day. Keep in mind we’re only looking for afternoon fades in penny stocks that are hyped, manipulated to 75%-300% gains in 1-10 trading days.

What happens is during the morning hours of trading there’s a ton a

It’s UNBELIEVEABLE what’s happening out there in penny stock land. There’s so much strength, breakouts, short squeezes, tanks….everything! This is what trading penny stocks is all about! What a week to have final exams on, right? Well the good news is that I don’t have an exam today! I’ll be able to trade today for the first time this week and I’m really looking forward to it. The penny stock watch lists have been dead on the spot many of these penny stock plays and these exams have left me unable to take advantage of them. My extra monitor is going to be filled with penny stock charts tommorrow morning because there are just soooooooo many plays out their right now. Enough of me talking, lets see the penny stock plays out their that will make you some moolah…..

BZ penny stock is breaking out again from its gap

Read all about em’

ATRC huge 125% 1 day surge yesterday caused by a better than expected earnings report and news that they have an agreement with a credit facility. We all know what these penny stock earnings plays have been doing lately so definitely look for a continued move today especially since looking at the 5 min chart there was a TON of volume and buying at the end of the day, I mean a ton. This bodes well for a positive move today, but at the same time if it gets too overextended watch for a fade from an early morning spike!

CBBO I don’t know what caused this penny stock to have a 106% run yesterday..possibly a late reaction to earnings? BUT the earnings weren’t good, balance sheet is still poor, downtrending chart the past 6 months, and it

Short interest is the total number of shares of a particular penny stock that have been sold short by traders but have not yet been closed out or “covered”.

Short interest is calculated by dividing the number of shorted shares by the number of shares outstanding (all available shares offered), or alternatively you can just go to ShortSqueeze.com and they give the information to you automatically when you input a certain penny stock’s symbol. Short interest is only calculated twice a month in stocks, not everyday, so keep that in mind.

If you go to ShortSqueeze.com you’ll see what’s called “days-to-cover” which means that’s the estimated time it would take to cover all shares that are short in the penny stock.

Here’s The Point: The higher the days-to-cover aka short interest ratio, the more likely they’ll be a short squeeze!

So knowing this, how does it help you? Well, whenever I mention

Exams start today so I have to keep it short cause I’m studying!! For all you pennystocker’s lucky enough to not have to take exams, here’s some penny stocks to watch!

NSHA – surged 95% yesterday on NO news.  This penny stock has a wicked down-trending chart, so definitely watch for bitter bagholders to dump this. Because of that it’s a potential short.

ABR I keep thinking this penny stock is going to tank, but it defys the odds and keeps chugging along. It’s coming up on the 200 day moving average resistance which may just stall this 200%+ run over the last week. Watch for a green-to-red short, probably.

CLUB wow this penny stock close 1 cent below the 200 day moving average. Now on a close to 100% run from last week, and today may be the day we see a red day. Watch this

Monday is shaping up to be a great start of the week and month for trading! There are tons of penny stocks to watch, but I give you the best 8 based on risk/reward, tradeability, and predictability. Lets make money, shall we?

INSM hello breakout! A Very nice breakout this penny stock saw on Friday on legit volume, too! Has all the characteristics of a potential classic 2-3 day run- off the initial breakout: increase in volume, break of resistance, and the Relative Strength Index is in the power zone (70). I’m definitely going to consider buying this penny stock first thing..if and only if it opens @ 1.50 or above.

TGIC big spiking penny stock on Friday going up over 100%+ on the day……on NO news a.k.a awesome. great. fantastic. potentional short. Although it did give back a chunk of change from the highs on a common