Megola Inc. (MGON:OB) has something going for it that many other penny stocks don’t. Frequently low priced stock have catalysts that the common investor simply can’t grasp in order to buy the stock. Biotech penny stocks are a common example of this problem. Especially, when the PR’s try to explain products like cancer vaccines.
Mosiac (MOS:NYSE) This Ag stock might be starting to come back into vogue with hedge funds and prop traders. The overhang from the Cargill sale seems to be over and MOS trades at a significantly lower multiple than it’s peer Potash (POT:NYSE). Shares just broke through a double top on the daily charts, but there is a ton of resistance in the $71-$72 area.
Yippy Inc. (YIPI.PK) is an interesting story that is quite different from other penny stock scenarios. YIPI is best known for it’s search engine, which somewhat resembles Google’s homepage. As far as the stock price is concerned, YIPI has been an enigma to longs who have been in the name for the last couple of years.