Palm Beach Gardens, FL -- (SBWIRE) -- 12/06/2013 -- AimHighProfits.com knows penny stocks, especially hot OTC stocks, and does their homework. At AimHighProfits, we take research very seriously when highlighting and alerting on the best penny stocks and value investments on any stock market, including the OTC and PinkSheets. The penny stock picks issued at AimHighProfits are derived from the top penny stocks that we have evaluated for the best return on investment.
Three hot penny stocks to watch right now are:
Plug Power Inc (NASDAQ:PLUG);
Marani Brands, Inc. (OTCMKTS:MRIB); and
Sigma Labs Inc (OTCMKTS:SGLB)
Plug Power Inc. (PLUG $1.82), a provider of alternative energy technology focused on the design, development, commercialization and manufacture of fuel cell systems for the industrial off-road (forklift or material handling) market, has risen 100% in the last two days on insane volume. PLUG stock, overbought right now and not an ideal long set up, is still under $2 a share and trading over $50 million worth of volume per day which forces it to be on your watch list as the day trading opportunities have been incredible.
Marani Brands, Inc. (MRIB $0.0144) is engaged in the importation and sale of alcoholic beverage products, primarily Marani Vodka, its flagship product. MRIB stock has been climbing up the actively traded charts for over a week now after a huge 50 million turnover day on Thursday. Although the share price closed in the red after reaching a new all time high, MRIB shares appear as if consolidation is occurring.
Any consolidation that ensues above a penny should be approached with a bullish mentality since this penny stock just went from sub penny to big boy status and no longer has two 0's after the first decimal point. As long as it is above $0.01, it deserves the benefit of the doubt that in time, it will get above Thursday's high of $0.0229.
Founded by high-level scientists from the world-renowned Los Alamos National Lab, Sigma Labs, Inc. (SGLB $0.239) is bringing to market advanced manufacturing, materials and process monitoring technologies for first-tier integrators and other commercial firms worldwide. SGLB stock (initially alerted when it was just $0.0147) has had a nice uptrend of higher lows and higher highs since October with increasing volume during that time period.
SGLB shares should be on your watch list since the only resistance level is the all time high at $0.265. Beyond that, SGLB should see some major momentum into the $0.30's.
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And Remember to Always:
- Do Your Own Research.
- Trade Responsibly.
- Verify Everything.
- Move Fast or Get Left Behind.
- Do not Use Market Orders to Enter a Position, Use Limit Orders.
- Have a System That fits You.
- If a Stock Gaps Open, Look for Pullbacks to Enter.
- Plan a Trade and Trade a Plan.
- Always Use Stop Loss Orders to Protect Yourself.
- Positive Attitude / Positive Self- Belief.
- Keep Penny Stock Trading as Part of a Balanced life.
- If a Stock Breaks Below Our Alert Price GET OUT. Do not wait.
- View Trading as a Score in Points and Not In Money:
- Always Take Your Profits Whenever You Can. Do Not Be Greedy.
- Work Hard at Learning How to Trade Properly and Keep Working.
- Do Something to make Someone Else's Life Better Today.
AimHighProfits (www.AimHighProfits.com) is a penny stock newsletter website that provides free daily alerts on hot penny stocks. AimHighProfits' penny stock alerts include news releases or daily e-mails on Small-Cap and Micro-Cap stocks in all sectors of the market. These include penny stocks with high or low volume, technical indicators and much more.
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