Some penny plays for Monday

It s been an interesting past week. Fannie and Freddie pretty much crash then make a huge comeback on some government backing.....anyways enough with all of this struggling economy, banks failing, everybody freaking out for nothing madness. Lets get down to pennystocks, the type of stocks that doesnt matter how the economy is doing. They suck all the same. Ride the wave of message board hype, listening to highly over paid stock promoters, weekly newsletters, and press releases of the new or next best thing.

Will all of these ways to succeed in this penny stocking game, earnings plays are sometimes a great way of capitalizing by double and tripling your money before you know it. Make no mistake, I am no expert by any means. I am just a struggling college student who is trying every different strategy available. Learn from my mistakes because I will make a ton of them. With that said, I have been watching a earnings play stock... ticker symbol UBET last trade was 1.18. On Monday August 4th They will report 2nd quarter earnings. This a horse betting online stock. I believe that this stock will run on up to the release of earnings. It already has had a nice little jump these past few days and should continue in that direction.
With just over 13 million in debt and 9 million cash on the balance sheet, I can see people looking at this stock with big eyes thinking they can get rich. Well I say lets profit on this....if my buying power updates on my little balance I have to work with, then I will buy some of this stock.
Disclosure---I was not paid anything for this stock tip...I just wanna make money on this potential play.

Anybody want to put their 2 cents in???