Update

Posted by Admin on June 28, 2010 under Penny Stock Alerts Blog | Be the First to Comment

Oh man…a not so fun day today. These markets are just tough. AUMY, which was in all honesty all the rage last night, still didn’t do well today. AUMY was seriously allllll over the internet and it seemed like it was going to be insane today. I was expecting at least a million shares to be traded but it only traded closer to half a million.

It started strong but quickly fell off, and as the markets collapsed towards the end of the day AUMY fell a bit further to close down over 13%. Sorry about that one guys, I expected much better. Not only did I see after-market news on AUMY, but one of my very reliable sources gave me a tip on it as well so I was shocked to see that it didn’t perform better. There weren’t even any good day trading opportunities to buy the dip today!

AUMY came out with even more good news pre-market today, it should have been one of the best penny stock picks we’ve sent all month.

http://finance.yahoo.com/news/Auric-Mining-Announces-iw-2411625595.html?x=0&.v=1

It really was the perfect storm, all the stars were aligned for a huge day on AUMY so I’m shocked we didn’t get it. Keep your eyes on it though, with all the good news you never know…we could see some moves in the right direction. Hot penny stocks are still out there.

MKHD was up as much as almost 19% today but also fell off later in the day when the market started doing badly. The move was on low volume though

Looks like HELI was our winner of the week, at least everybody made money on that one. The gains from HELI were bigger than the losses from MKHD and AUMY combined so hopefully everyone still profited overall this week.

The market seems to be getting challenging again. So rather than rush out more desperate alerts to try and frantically find a winner, I’m going to be patient. I’m going to take another few days or week off, wait it out…and try to find a REALLY good strong pick to come back with. Remember I said there is one more company I’ve got my eye on so when things look good I’ll send that, or a new winner that catches my eye, out when the time seems right. Keep your eyes on my last picks, I still think they’re good companies and I think, in my personal opinion, a bounce back will certainly happen when the markets get stronger.

Have patience, even in this tough market we still had a huge winner this week. You all know I’ve sent out many gigantic winners in the recent past, even in tough markets…so just keep your eyes open and winners WILL be coming.

Talk to you then,

PSA – Penny Psycho

www.pennystockalerts.com

Don’t invest based on what I say, do your own research and consult with a licensed professional before investing, and only invest what you can afford to lose.

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