Radient Pharmaceutical (RXPC) Radient was once a huge winner for our subscribers at PSE, but the stock was trading on the AMEX back then and was at a higher price. Shares of RXPC are now at 0.0120 on volume of slightly more than 60 million shares. RXPC remains one of the most PR sensitive penny stock names in the microcap arena. Keep it on your list of stocks on a just in case basis.
Not so long ago, before smart money got wind of the planned Groupon insider selling, this brand name IPO had the potential to be one of the hottest, most sought after deals of the year. Then IPO mavens and institutions started looking at the numbers, which were not very impressive. Groupon’s losses basically overshadowed their impressive revenue growth.
Freeport MacMoran (FCX:NYSE) Friday should be interesting for FCX, not only because of falling copper prices, but because of what could happen in Europe over the weekend. Well it seems like Deutsche Bank has a different opinion because they were positive on FCX today. Maybe the panic has set in and smart money is starting to dabble.
Here is a list of the most active bulletin board stocks with current prices. Many of these names are attractive to the sub penny stock scalping community. These traders often position themselves with buy orders on the bid and after being filled, they look for momentum to fill their sell order on the offer, and sometimes even higher. Pocketing nice size percentage gains in the process.
Day trading is often a much debated subject. Can it work ? Yes, but only for those who have mastered the discipline and remain extremely discipline. In theory types of equities can be day traded. However, the overwhelming majority of market mavens are in agreement that day traders should stick with the more liquid names.