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Best Online Brokers for Penny Stocks

I get numerous emails everyday asking which online stock broker is best for penny stocks.  There are many but the following are ones I recommend for their price and ease of use.

Ameritrade

Scottrade

Etrade

Think or Swim

Zecco

Ameritrade is by far the easiest and allows trading in most stocks.  Their online trading system is also easy for novice traders but can integrate into more complicated systems.

Penny Stocks To Watch

The penny stock market is still the place for investors looking for big gains. There has been some huge gainers the last few weeks such as CTIC and NEOM.

Here are 3 to keep an eye on:

GNTA – Volume Alert

http://www.chartmoney.com/stockquotes.php/?ticker=gnta

Genta Incorporated operates as a biopharmaceutical company with a diversified
product portfolio that is focused on delivering products for the treatment of
patients with cancer.

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BGPTQ – Momentum

http://www.chartmoney.com/stockquotes.php/?ticker=bgptq

BearingPoint, Inc. provides management and technology consulting services
primarily in North America and internationally.

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UNEFF – Momentum

http://www.chartmoney.com/stockquotes.php/?ticker=uneff

Unbridled Energy is an independent natural gas evaluation and production company
specializing in shale gas and tight gas sands (“TGS”) opportunities in two main
basins within North America; the eastern US Appalachian Basin.

EESO Is Up Over 2,480% How Much More Can It Go?

If you get my newsletter then you’re probably aware about how much EESO has gone up in the past month but the real question from many people is how much more can it go?

eeso02102009small

The answer really is unknown but after a run like this, I suspect there will be 1-2 days with profit taking will hit hard and then a possible run back up.

Many people are just waiting for the launch party set in Feb. The company is in the process of transitioning into a biotechnology licensing company.

When a penny stock starts to trade this much volume it gains a life of it’s own and unless the company comes out with something signficant the highs may not last.

3 Stocks To Watch – LSTM, SKYT, ACPW

LSTM – Volume Alert
http://www.chartmoney.com/stockquotes.php/?ticker=lstm
International Aerospace Enterprises, Inc (“IAE”) is an innovative and aggressive provider of military aircraft spare parts that offers inexpensive aircraft spare parts that meet high quality manufacturing standards to the complex worldwide military/industrial establishment.

SKYT – Momentum
http://www.chartmoney.com/stockquotes.php/?ticker=skyt
SkyTerra Communications, Inc., through its subsidiaries, provides mobile satellite communications services in the United States and Canada.

ACPW – Volume Alert
http://www.chartmoney.com/stockquotes.php/?ticker=acpw
Active Power, Inc., together with its subsidiaries, designs, manufactures, and markets power quality solutions that provide ride through power for power disturbances caused by voltage fluctuations and temporary power outages.

3 Penny Stocks On The Move

BAC – Momentum
http://www.chartmoney.com/stockquotes.php/?ticker=bac
Bank of America Corporation, a financial holding company, provides a range of banking and nonbanking financial services and products in the United States and internationally.

GERS – Volume Alert
http://www.chartmoney.com/stockquotes.php/?ticker=gers
GreenShift Corporation, through its subsidiaries, develops and commercializes clean technologies that facilitate the use of natural resources in the United States.

ARIA – Momentum
http://www.chartmoney.com/stockquotes.php/?ticker=aria
ARIAD Pharmaceuticals, Inc., together with its subsidiaries, discovers and develops medicines to treat cancers by regulating cell signaling with small molecules in the United States and Europe.

3 Hot Stocks to Watch – FMCN, WWAT, GSPG

FMCN – Possible Bounce
http://www.chartmoney.com/stockquotes.php/?ticker=fmcn
Focus Media Holding Limited operates out-of-home advertising network using audiovisual digital displays in the People’s Republic of China.

WWAT – Volume Alert
http://www.chartmoney.com/stockquotes.php/?ticker=wwat
Entech Solar is a leading provider of concentrating solar energy systems. Entech designs, manufactures and installs systems that provide both electricity and thermal energy for commercial and industrial applications.

GSPG – Momentum
http://www.chartmoney.com/stockquotes.php/?ticker=gspg
GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive, contiguous property in the Comstock Lode District.

One of my Alerts Up 38.75% and 3 Stocks to Watch

SSLR and alert from yesterday closed the day up 38.75%. CCTYQ continues to move up on possible take over news. I believe a dip in price could be a buying opportunity.

CBAI – Momentum
http://www.chartmoney.com/stockquotes.php/?ticker=cbai
Cord Blood America, Inc., through its subsidiaries, provides private cord blood stem cell preservation services to families in the Untied States.

NEXM – Volume Alert
http://www.chartmoney.com/stockquotes.php/?ticker=nexm
NexMed, Inc., a pharmaceutical and medical technology company, engages in the development of transdermal products based on its proprietary NexACT drug delivery technology.

ANAD – Momentum
http://www.chartmoney.com/stockquotes.php/?ticker=anad
ANADIGICS, Inc. provides semiconductor solutions to the broadband wireless and wireline communications markets.