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12 Hot Penny Stocks To Buy & Short Sell: 10/6/2009
By: Timothy Sykes   Tuesday, October 06, 2009 6:03 PM

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Yongye International, Inc. (YONG), RINO International Corporation (RINO) and Deer Consumer Products, Inc. (DEER) are the 3 Chinese smallcaps all breaking out to new highs, each up 8-12% today, no resistance in sight…no way am I going to short these, all are potential buys for those willing to take on some risks and try to not get shaken out

Vonage Holdings Corp. (VG

VeriChip Corporation (CHIP) and CEL-SCI Corporation (CVM

GVBP 

Rodman & Renshaw Capital Group Inc. (RODM) is getting choppy EXACTLY like Caribou Coffee Co., Inc. (CBOU) and Zagg Inc. (ZAGG

Lightwave Logic, Inc. (LWLG) surged another 40 cents/share to $1.80ish, now up from $1 in just a few days in anticipation of their new product launch…it's all about hype and anticipation with upcoming product launches, that's why I won't short Nutra Pharm Corp. (NPHC) eve though I'm 99% sure their product will fail.

Cardtronics, Inc. (CATM) is a boring, no growth owner of ATMs, but the stock is breaking out above a 2-month and 1-year base at $8 to $8.60…mucho resistance in the $9s, but if it can break $10 in the next few weeks, there's no resistance whatsoever, potential buy



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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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