Best Penny Stocks to Buy 2012 - These are penny stocks
I would buy right now after I weighed the risks and found a place where I'd sell if I was wrong.
#1 Top Penny Stock Picks 2012
Samson Oil & Gas. (SSN) - ( Best Oil & Gas Penny Stocks 2012 ) Samson Oil &
Gas. (SSN) is a small exploration and production company with oil
properties in the Bakken Shale and Niobrara Shale fields. SSN recently hit $3.00 a few months ago and is back trading
at $1.55. SSN is the Top Penny Stock to Buy now and worth investing in. I feel Samson Oil &
Gas (SSN) can rally back to $2 at some point in 2012 which offers a very nice return on investment. SSN is a penny
stock that gets hot when oil rises, everyone seems to want to own this stock but that is the time to sell. Buy low,
sell high. SSN is a strong buy below $1.50 and like I said, has a 2012 price target of $2.
Samson Oil &
Gas Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and
gas properties in the United States. It holds interests in the North Stockyard project in Williston Basin, North Dakota; the
State GC Oil and Gas field in Lea County, New Mexico; the Sabretooth Prospect in Brazoria County, Texas; the Hawk Springs
project in Goshen County, Wyoming; and the Roosevelt project in Roosevelt County, Montana. The company was founded in 1980
and is headquartered in Perth, Australia.
Top Penny Stocks 2012 - Below is a list of the Top
Penny Stocks in 2012, you can fine this list updated daily by viewing my penny stocks to buy.
Goldfield Corp. (GV) - Buy Goldfield Corp. (GV) stock? I probably would on a rally
above $1.75. However, this has been the best performing penny stock in 2012 so it could be due for a correction.
I only like to buy these penny stocks when they break out.
Recon Technology, Ltd. (RCON) - Buy
Recon Technology, Ltd. (RCON) stock? This penny stock recently hit $3 but has dropped. I would buy this one on
a break above $2.03 for a quick trade. RCON is currently trading at $1.63 mid May 2012.
Gaming Asia Inc. (EGT) & Galena Biopharma, Inc. (GALE) are two penny stocks to watch in 2012. These two
stocks have been hot lately so I would research them.
Nanosphere, Inc. (NSPH) - NSPH is a penny
stock I would buy today. The stock is sitting at $1.70 and has some real potential. Nanosphere, Inc. (NSPH) develops,
manufactures, and markets molecular diagnostics platform, the Verigene System that enables genomic and protein testing on
a single platform. This penny stock has been good all year long and all dips have been bought. The thing that
would cause me to buy NSPH right now is the recent revenue spike. At the beginning of 2012, quarterly revenue was $828,000.
Recently, the company reported $1,300,000 in revenue. This trend is expected to continue but the company loses money
so they may need to sell some stock to raise capital. NSPH has good potential.