PennyStocks101 Reports 3 Penny Stocks to Watch Closely: Knight Capital Group, Quicksilver Resources Inc., and Hovnanian Enterprises Inc.

Beverly Hills, CA -- (SBWIRE) -- 11/16/2012 -- http://www.PennyStocks101.com - The US leader in microcap breakouts, offers a high quality stocks alert newsletter to investors looking for the best breakout stocks around. PennyStocks101 reports 3 penny stocks to keep an eye on for a possible bounce: KCG, KWK, and HOV

The market saw losses early Friday morning but closed high after talk about progress with the fiscal cliff. Leaders say they are confident on reaching a deal with President Barack Obama to head off the "fiscal cliff".

1. Knight Capital Group (KCG) - Knight Capital Group is focused on meeting the needs of institutional and broker-dealer clients by providing comprehensive trade execution services in equities.

2. Quicksilver Resources Inc. (KWK) - Quicksilver Resources Inc. is an exploration and production company focusing on the development and production of natural gas and oil properties onshore North America.

3. Hovnanian Enterprises Inc. (HOV) - Hovnanian Enterprises, Inc. is one of the nation's largest homebuilders. The Company's homes are marketed and sold under the trade names K. Hovnanian Homes, Matzel & Mumford, Brighton Homes, Parkwood Builders, Town & Country Homes, Oster Homes and CraftBuilt Homes.

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