Penny Stocks Question???

Unlike the scam answers before me, this one is for real. I have answered this questions many times, and I'll say it again. If you wish to throw your money away, then go ahead and invest in penny stocks. Or an easier way to go broke, is to just toss your money out the window.

Very very few make money in penny stocks. They are hyped, then sold off. Or as is said, pumped then dumped all at once. So if you don't get in at first, and out first, and you won't, then you lose.

There are numerous penny stocks I believe are poised for rapid rising. I wish I could guarantee when they'll take off but I do believe things will be taking shape within the next couple of weeks to a month or so:

1. HDY

This company owns the largest oil and gas franchise (concession) in Africa. Since 2002, it has struggled to gain a presidential decree granting it free rein to pursue exploration and development of oil and gas assets off shore...in Atlantic waters. This week the decree was finally handed down.

With shares barely above $1, this is an incredibly under-valued stock. I've been adding several thousand shares daily of late, so convinced am I that this is truly a game changer.

2. CNOAE

This company operates primarily in the Republic of China. It was incorporated here in the US. It is engaged in agriculture and is aggressively moving into other areas. Its ticker symbol is CNOA but the SEC attaches the letter "E" when the company has found it necessary to delay issuance of its quarterly report. Interestingly, the company made a public apology for being late. This is the only time I've ever seen a public apology of this sort. I know the reason for the lateness: Towards the close of the quarter, the company acquired a controlling interest in a beverage company and was unable to complete accounting in the time available. I expect the company to come out with another in a string of stunning quarterly reports.

3. CKGT

This is another US-based company whose business centers in China. The company grows cactus that is used in hog feed, chicken feed,beverages, and even cigarettes! Soon to be rolled out are cosmetics and baby food, all of which utilize the amazing nutritive values found in cactus plants. This company has no long term debt and churns out a return on investment you will not find rivaled anywhere. I look for this to uplist to a major exchange within the next 12 to eighteen months. That could turn into a triple from here.

I've been accumulating shares in all three of these picks. All have been substantial winners for me already but I firmly believe the best is yet to come.

Len

Asking for penny stock recommendations here is pretty risky especially if you trade any of our picks. The best strategy is to learn a few stock trading strategies, paper trade them for a while, get a sense of how the markets work and act, understand money/risk management of your portfolio and pick your own stocks to buy and sell. Asking is way too risky because most people don't know what the *@#$ they're doing and I never listen to anyone! I have a few technical momentum strategies that are fairly consistent and I ALWAYS pick my own stocks.

Having said that, I purchased AERG today with a trigger at 1.45 for a 2% trail stop. We'll see what happens. If it fails I take a small loss and move on.

Trade on!

You can join a dividend reinvestment program and purchase single stocks or multiples far cheaper. They are called "DRIP"'s. You can request the stock certificate, which you actually own, and frame it yourself. If you are inclined, you may actually invest in more shares as you can afford them in this program and accumulate a tidy sum over the years in a process called dollar cost averaging. I believe this gift to someone might encourage them to save money in this manner and be a more lasting and useful gift.