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Looking for
some penny stock picks for 2012?? Below is a list of some of the Top Penny Stocks I like in 2012. During
2012, we will highlight some of the Best Penny Stock Gainers in 2012 once we actually enter 2012. Until then,
these stock picks are some of the best penny stocks to buy now as we go into 2012.
#1 Top Penny Stock Picks 2012 Samson Oil & Gas. (SSN) - ( Oil & Gas Penny Stocks ) 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 $1.45 but rebounded back into the $1.70's. The
stock is worth a look for a potential buy in 2012. I feel Samson Oil & Gas (SSN) can rally back
to $2.50 at some point which offers a very nice return in 2012. SSN will turn higher when the company puts out some
good drilling news and sees strong volume to the upside. I view SSN as a stock to buy below 1.40 and is my top penny
stock pick for 2012. Discuss SSN
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.
#2 Top Penny Stock Pick 2012 - ( Oil & Penny Natural Gas Stocks ) Tengasco Inc. (TGC) - Tengasco
Inc. (TGC) is a small oil exploration company that drills for oil. Tengasco, Inc. engages in the exploration and production of oil and natural gas in Kansas and Tennessee.
The company also leases producing and non-producing properties for exploration and development activities. With oil
prices on the rise, TGC stands to benefit from this in a big way. If the company can expand their acreage zone, we could
be looking at a $1-$2 stock sometime in 2012. More..........
Stocks to Buy January/February 2012
Pacific Ethanol (PEIX) - Pacific Ethanol (PEIX) is
showing signs of life again. The stock recently held $1.00 and is now trading at $1.17. As of January 13, 2012,
I hold PEIX stock in my penny stock account. The 200 day moving average will be down to about $1.31 on Tuesday when
the stock opens back for trading. As long as PEIX holds $1, I will ride along with it hoping the stock goes on a major
break out tear. If all the stars align, I think PEIX could be my top best stock pick heading into February 2012 and
a stock to buy more of on dips. I want to stress that PEIX is a risky penny stock but is somewhat low risk compared
to most penny stocks out there. Pacific Ethanol (PEIX) reported solid earnings last quarter and I feel the company will
report another good quarter. My short term price target for PEIX between January/February 2012 is $1.61-$1.88.
I own PEIX at $1.06 and I have my stop placed at $1.02. More........
Penny Stock Forum - My Buys and Sells in 2012
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