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To OTC Journal Members: 
 

One Red Hot Penny Stock

This idea is for good old fashioned penny stock investors. By that, I mean a really low priced stock. We're talking under 2 cents here, but very hot of late.

If you like the idea of owning a whole bunch of shares in a stock for next to nothing, the next couple days are tailored made for you. I've got a double header.

Here's what I'm looking for: Big volume breakouts off very low prices with a good story. A little excitement, followed by a low volume pullback is just what the doctor ordered for an entry level. Scalp a trade for anywhere from 40% to 100%, then settle in for turkey and football later this week.

Can you imagine a stock that traded 35 million shares just a few days ago and popped 80% to a multi week high? The smart trader would then jump into that idea on a significant pullback. That's what I have for you.

I want you to have the idea before the open tomorrow. Check your inbox later today. Time to turn pennies into dollars.

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7 Minutes To Wealth
May 12, 2012

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Market Summary
Nasdaq 2847.21 +68.42 (+2.46%)
Russell 2K 764.64 +17.43 (+2.33%)
S&P 500 1315.99 +20.77 (+1.60%)
S&P 100 599.84 +8.23 (+1.39%)
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