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We can examine 2 recent penny stocks that shot up over fifty percent and try to find the next one. This is a cool trick that can make you a lot of money. On Dec 18 2009 IHR or Interstate Hotels was bought out by a joint venture between Thayer Lodging Group and Jin Jiang Hotels. The stock jumped from $1.30 to $2.22, about a 73 percent gain. Sure is good to discern buyouts starting to pick up as the economy get on it's collective feet again so to speak. Interesting story, but how can you benefit from it now that it has already happened? You can't go back in time and buy IHR stock on December 17th can you? (If you have or know of a time machine that has this capability holler at me and I will buy you lunch at my favorite pizzeria) Don't just look at this story and the stock graph of IHR and kick yourself because you missed out. Know it for the opportunity that it is. This takeover is an example to find the next stock buyout or takeover. All you need to do is use the following strategy: 1. Plug the stock ticker (IHR) into finance.google.com 2. Scroll down the page a little and look at the section entitled "related companies". 3. Now look at the column at the far right, which is "Market Cap". This details the market capitalization for each similar company. Pick 2 or 3 stocks that own the market caps that are closest to the stock that has been bought out, in this case it would be IHR. I just did this search method and I came up with the stock tickers of LGN and RLH. That's it! You can choose to buy these stocks and simply wait a little while for takeover offers to send them up. Even if they do not get takeover offers, often times they will rise largely over the course of a a small number of weeks to the sympathy from the recent buyout. This strategy has worked for me fairly recently. Once I saw news about PER being bought out, and the subsequent big one day jump in their share prices, I used this tactic. I came up with ACS as a opportunity buyout target. A couple weeks later Xerox offered up a nice deal toward buy out ACS. Pretty cool right? I alert my subscribers of my penny stock newsletter to any potential buyout target stocks, and you can get 3 penny stock recommendations for complimentary just by signing up. Here is another huge penny stock that made traders rich: BKRS Footwear, stock exploding up over 100% on January 7 2010 Sending off a lot of alerts. That's what BKRS is doing today for a lot of day buyers and swing buyers. The upbeat activity in this hot penny stock today seems to occur a result of the company's proceeds report which was released before the market opened. Take a look at the graph for that day, what a great move! As you can identify on the chart above, this stock very rarely sees days with huge amounts of volume and/or good liquidity for buyers toward enter or exit this stock. With this type of above average volume, I would comprise to say some wall street folks are making this BKRS one of their penny stock recommendations for 2009. If you would like to find other stocks choose to BKRS, even before they breakout, I suggest that you check out Microcapmillionaires.com and sign up for three on the house penny stock recommendations. It's not the typical penny stock newsletter where they are paid to promote a certain stock, and then pass on the promotion as some sort of bogus "independent research". You will take charts of stocks to scrutinize, not just for technical reasons but also due to the fact that there may be real some underlying fundamental factors that could lift the stock as high as 50% to 500% in just a few days or weeks. Sometimes stop losses are used in order to minimize risk, so it's not wild penny stock gambling like propose as they frown upon those who receive activity in playing penny stocks for substantial returns. Lastly, BKRS looks like it could reach new 52 week highs throughout 2010. It was not one of MM's picks but they do pick stocks in similar volatile situations that could spike drastically and fatten your trading account with a ton of money. Sounds good right? Get 3 free micro cap stock picks and then decide if you like the newsletter, many members have been on board for a long time, so you need to distinguish why they love the penny stock picking service so much.
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. Free microcapmillionaires.com”> penny stock recommendations are easy to find, but most of them are terrible!
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