We all have seen the crisis going on in the Gulf right now and is much worse than first anticipated. I really feel for those that will get affected because of this tragedy. As I watch the progress of BP scrambling to try and plug this gusher, I cant help but think about the companies out there that will be called in to help cleanup this mess. Companies that have oil clean up technologies as well as other products that will facilitate this clean up. I have been searching for a few days now trying to find some of these companies and to see which penny stocks will benefit from this. I have found 4 so far. The tickers for these are:
BUGS up 219.35% on Fri.
ACLH up 160% on Fri.
BCLE up 223.08% on Fri.
EVXA up 231.82% on Fri.
All of these stocks have blasted to incredible highs last Friday. With this oil spill seeming to be a long way away from containment, these 4 stocks should continue upward with gradual profit taking along the way. Remember, these are extremely speculative stocks and could fall just as much as they climb. I have some decent buying power now with my GREAT LCRE trade and will be watching Mondays opening very closely to look for a entry position on all 4 of these incredible break out stocks. Good Luck Trading!!!!
Disclaimer- I am in NO way getting compensated by any of these companies I mention in this blog. I am just merely a college student that has to find a way to profit from penny stocks and pay my tuition with these profits. I am NOT a financial advisor. Consult your own financial advisor.