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Ok, back to penny stocks listed on the Pink Sheets & OTC BB exchanges. There
are some really solid companies that emerge from these exchanges. Most of the better penny stocks have a .OB at the
end of their symbol and are traded on the OTC BB exchange. The ones traded on the Pink Sheets are 99% scams.
True Religion Jeans (TRLG) was once traded on the OTC exchange and had a .OB ticker, now the company is a high end retailer. The bottom line is, if you are looking for penny stocks to buy and you MUST invest in them, stick to
the ones traded on the Nasdaq, AMEX, or NYSE. At least you have a shot at hitting the big one. Ok, I'm done
preaching, hopefully you get my point in this article. After all, when I first started trading stocks, I traded penny
stocks and penny stocks only! Unfortunately while I had some success in trading them, I also bought some really bad
penny stocks as well. Sometimes you just have to learn the hard way! If you
are looking for some hot stocks, check out my biggest gainers page, my top penny stock gainers page, and my top stock gainers page. I also have updates on my stock blog. If you want to learn about day trading, go to my day trading page.
Penny Stocks to Buy - 2012
Samson Oil & Gas Limited (SSN) - Samson Oil & Gas (SSN) is a small oil & natural gas company that has drilling rights in the Bakken Shale & Niobrara Shale. This penny stock, which recently hit $1.92, is a buy below $2.00 per share. SSN has seen rallies into the
mid the high $2's and there is no reason to think this can't happen again in 2012. I am putting a $2.70 price target
for SSN in 2012 which represents nearly a 30% gain. SSN remains my top penny stock pick for 2012.
| Samson Oil & Gas - Penny Stocks to Buy |
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| Ticker Symbol: SSN |
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