(Source: PRNewswire)
MONTREAL, May 31 /PRNewswire/ - The Dow Jones moved higher but penny stocks have outperformed easily. The stock market has proven to be very profitable for investors who bought in since President Obama took office. The DOW has rallied from 6500 to 8500 without taking a pause.
Penny stocks have proven to be even more profitable during this run higher.
The team at www.pennystockchaser.com is always looking for big gainers for our members.
We scour the OTCBB (http://www.otcbb.com/) , pinksheets (http:// www.pinksheets.com/pink/index.jsp), and the TSXv (http:// cxa.marketwatch.com/TSX/en/Market/marketactivitycan.aspx) for winning stocks for members.
Some of our recent picks include CVRG (http:// www.convergeglobalinc.com/) and HYGN (http:// www.hydrogeneticsusa.com/). Both these stocks have made members 20 times their money from their low prices.
Right now we are focused on resources including gold and oil. We think that this is the hottest investment sector given the recent rally in the price of gold and oil.
In gold we have alerted members to USCN (http:// www.uscanadianmin.com/) and in oil we are watching PPTO (http:// www.precisionpetroleumcorp.com/).
We like USCN because they have a $450 million gold reserve at their COD Mine in Arizona. Gold jumped $17.00 on Friday. A gold rally seems in place for a move past $1000 an ounce.
Our team alerted PPTO because PPTO has acquired a series of producing wells in the US. They are buying the assets cheap in a rising oil environment.
These stocks should outperform the market in this new commodity bull market.
PennyStockChaser has been watching the following stocks: New Gold Inc. (AMEX:NGD), The Meridian Resources Inc, (NYSE:TMR), Paramount Gold and Silver Corp. (AMEX:PZG), QuickSilver Inc. (NYSE:ZQK) and Stillwater Mining Co. (NYSE:SWC).
We invite everyone to join us @ www.pennystockchaser.com to get more information on our picks.
About PennyStockChaser.com
PennyStockChaser.com is an independent electronic publication that provides information on selected publicly traded companies. PennyStockChaser.com is not a registered investment advisor or broker-dealer. PennyStockChaser.com's affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.
Mike Jacob of PennyStockChaser.com is a member of the National
Association of Securities Dealers, CRD number 1818665.
SOURCE PennyStockChaser.com
Originally published by PennyStockChaser.com.
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