Some new stocks im watching that could double or triple in price

As you guys may already know, I have subscribed to pretty much every stock pumpers newsletter that I can find. Why? One, because its free...and two, because its easy access to every pumped stock that's out there. These stock pumpers get paid to "promote" the company by hyping it up as much as possible with colorful graphics on flyer's and promises of making you rich by doubling or tripling your money. People are so ignorant when it comes to these pumpers. Don't buy into the excitement. Instead take it for what it is, an opportunity to jump in and ride the wave of false hope. These pumps have tremendous upswings in stock price. I have seen it over and over again where these stocks end up lower than before the pump price. One thing I always try to do is have an exit plan when dealing with these type of manipulated stocks. I ALWAYS and I mean ALWAYS have my stop losses set in case the stock dive bombs. This has saved me numerous times. Just so you rookies are aware, BE CAREFUL. These stocks can make you and break you. Its almost like gambling....but if you do your homework on these pumps, and watch it like a hawk, you will have the edge. So, this morning I opened up my e-mail just like any morning and there were a surprising amount of new stock pumps from different news letters. These are the stocks that were talked about:

PURO- This company released news this morning about "Purio Processes Sewage to Safe Water; Lab Reports Confirm"

Look at this five day chart:

SNBP- News came out about this company yesterday right at market close. hmmmm...perfect timing for a following day stock pump. "Sinobiopharma, Inc. Signs Sales Contract for Flagship Project"

Here is the 5 day chart:

A quick disclaimer...I am not trying to promote or "pump" these stocks or any other stocks.I DO NOT receive any compensation for mentioning these stocks. I am just trying to make you guys understand how this industry works as well as learning from it myself. All my blog posts are strictly my own opinion and you should know these are all extremely risky stocks and you could lose all your money. My newsletter is different from all other newsletters in that it is stocks you should watch and not stocks that you should buy. Good Luck trading guys!!!

Aventine files for Chapter11

Well, looks like AVRN finally filed for bankruptcy protection. This ticker symbol changed again to AVRNQ. The stock opened up at around .06 and went as high as .09 closing at .084. There are still people out there that think this company will recover with the proper financing and a restructuring plan. Honestly, I don't know if this company can or will come out of this stronger. Like I said before, I only own 1,129 shares of this stock and it wont really put me in the poor house if it goes to zero. It will be a nice tax write off and a valuable learning experience for me to see what a company does in these tough situations.

Anyone have any interesting stocks to watch? I'm looking for high volume and volatile stocks under a buck.

AVRN is up over 45% at market close Monday...PEIX is running low on cash

A lot of speculation is going on right now about what is going on with this company. There has been no news except that they said they might seek Chapter 11. Message boards everywhere are talking about buyout rumors, huge quantities of insider buying, as well as this stock being way undervalued. This is going to be very interesting to watch today to see if AVRN continues on up. Yesterdays volume explosion is a sign of whats coming today. My break even on this stock is at .56 a share so it has a long way to go but is a very nice start to what could be a nice rebound in share price. Oil prices have been steady climbing which is always good for the ethanol industry but these last couple of days oil prices have retreated to around $50. I still believe in what Boone Pickens said in that he believes oil prices will be at $75 by the end of the year. This should increase the percentage of ethanol blends in gasoline and in turn should increase margins for ethanol companies. PEIX (Pacific ethanol) is having reports of "running low on cash" and the stock price is running around .30 ish a share. I have been watching this stock as well and they look in very bad shape. Who can survive these tough times in the ethanol industry? If these companies can just hang in there, they will def. reap the rewards that are coming to them in the future. 

Some stocks to watch this great Monday morning

This is a very interesting time in the overall market. The Dow has mad a nice rebound from its lows which should be very exciting to watch the direction of the market from here on out. Meanwhile in penny stocking land, I have looked over some more over hyped and under performing penny stocks that I think you guys should keep your eye on. You gotta love this business and all the sketchiness that goes on behind the scenes of some of these companies. I will be looking to catch the wave of momentum as these crappy companies blast off. As you have seen in my past few trades, I have not been following my rules and have been holding on to these stocks and have paid the price doing so. A new week brings new discipline for me. I will be looking for opportunities to get in and get out in the same day. Look for volume jumps, news rallies, CEO false hope statements of "increasing shareholder value", that's my all time favorite BS line for these companies. The following are some stocks I am watching and will be ready to strike at any given moment. Remember, don't force trades and always have your stop limits set, trust me you will thank me. Good Luck trading!!!!!

GNTA- Looking at this 5 day chart and by reading the headlines and message board rumors, there is alot of speculation about this one. It dropped off a cliff and is now rebounding. How high can this one recover? We shall see.

SPNG- This stock has had a nice 5 day run being up over 100%. Will it continue the upward trend? Lets hope the message board hype continues. This one will be fun to watch.

Just a reminder, I am NOT a paid stock promoter. I am a college student who is trying not to lose all of my beer money. This is a learning process for me and hope you do your own research when investing your money in theses incredibly risky stocks.