do you know the three easy ways to find awesome penny stocks?

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Penny Stock Research The Truth About Penny Stocks

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Welcome to Penny Stocks Research. Every day we bring you the unbiased truth

about Penny Stocks. For more information on penny stocks please visit

our website

PennyStockResearch.com

Hi, My name is Aaron and I‘m with Penny Stock Research, today were

reviewing our recently published article…

Let’s get down and dirty. Today I’m going to show you three easy ways, tricks if you will, to finding great penny stocks to buy

and trade.

Remember, hunting for penny stocks is a full time job.

First, you’ve got to find great stock ideas. Then you’ve got to do the research and

due diligence. Then you place the trade. Then you monitor the stock… and that

can go on for years. Finally, you exit with a fat payout and pocket the profits.

Then you do it all over again!

If you’ve been following the blog for some time, you know I talk about

research, due diligence, and trading all the time.

So today, I want to mix it up and talk about finding great stock ideas.

Finding awesome penny stock trade ideas isn’t difficult... if you know where to look. I’m going to share my secrets with

you.

But first... a reminder.

Once you find a great idea, you don’t want it to get lost.

I talked about how to start and manage your own list of great penny stock ideas in an article a few months back. You can go to the site and search for the article

titled “A Critical Trading Tool, Your Penny Stock List!”

There you’ll see how to start and build out your list and what to include.

Now let’s dig a bit with three tips, secrets if you will, on finding awesome penny

stocks.

You can find great penny stocks anywhere. You can get tips from your golf buddies. You can get tips from a

stock scammer or a promoter. You can get tips off the bathroom wall at a seedy

dive bar.

Ok, this trick is based on the latest hot stocks in the market. The process is

simple.

As you’re reading your newspapers, magazines, and online blogs, you’ll no

doubt uncover a stock or two that’s growing like a weed.

High growth attracts a ton of investor interest… and a lot of press coverage.

So these companies aren't hard to find.

These are stocks who are seeing their stock rocket higher and everyone is

talking about them.

You’ll come across news article after news article.

When you see that trend, you know you’re onto something exciting. Normally

it’s an industry that’s taking off.

For example, today I’m looking at the Investor’s Business Daily site and they

list their top rated companies in the news section. Celgene $CELG, Amgen $AMGN, BioSpecifics $BSTC, Johnson & Johnson

$JNJ, and Medidata $MDSO were all mentioned.

Now you don’t need a PhD to realize these are all companies in the healthcare industry, and many operate or touch in

the biotech industry.

So now you know the biotech industry is hot… so do a bit of digging for penny

stocks in the biotech space… and specifically, penny stocks that compete

with these bigger players.

The news is always a great source of new ideas… but sometimes there’s no clear

trend. That’s when you use my trick number 2…

Sometimes you need to come up with a bunch of new penny stock ideas QUICK! That’s when I focus on my favorite stock

screener.

I’ve mentioned finviz.com before, and they’re one of the screeners I use all the

time.

With their free tool, you can search based on performance. I love to look at penny

stocks near, or above, their 52- week high.

What I do is simply screen for penny stocks (those under $5) and see which

ones are popping higher.

Why is this list great?

Because you’re uncovering penny stock with momentum. You’re going to find penny stocks you’ve never heard of.

You’re going to find industries you hadn’t considered.

For example, I just did the screen and found 10 penny stocks trading for under $5 who were trading for 300% above their

52-week low. That means these 10 companies have all tripled in value.

Four of these companies, Aoxing Pharmaceutical $AXN, Pershing Gold $PGLC, DS Healthcare $DSKX, and

Nymox Pharmaceutical $NYMX all had market caps over $50 million and stock

prices under $5.

Like always, do your diligence first and follow the company before making your

buy decision.

But that’s not the only way to find amazing penny stocks. You still have tip

number three…

You all know I hate mutual funds.

In my opinion, the fees and expenses are far too great when compared to the

management performance.

That said, these funds sometimes do decent research and uncover some

hidden gems… remember, I said “sometimes”.

One of my favorite ways to “steal” ideas is to find a hot fund manager and look at

what he’s buying and selling.

You can do this simply and legally.

For example, I like to follow Perritt funds. They have a number of funds focusing on low priced stocks. They haven’t been the

best performing funds, just look at this chart:

As you can see, in 2014 they did well. But the last 18 months have been virtually

flat.

Anyway, I’m looking for good ideas, and you never know where they’ll come from. So I wanted to see what they’re invested

in. I went to the SEC.gov site and searched for company filings based on

the ticker symbol $PREOX.

There you’ll find the N-CSRS and N-Q filings. As you review these filings, you’ll see a ton of stocks listed… all the ones the fund holds. It’s a great place to find even more awesome penny stock ideas!

So, there you have it, three great ways to find great penny stocks. Put them to use

and I’m sure you’ll be adding a big number of new penny stock ideas to your

penny stock list!

If you find an interesting company, let me know how you found it. Shoot me an

email, comment on the blog, or give me your opinion on Facebook or Twitter!

Good investing….