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Pennypicks - Most Preferred Penny Stocks

Author: Jeff Mirkin
by Jeff Mirkin
Posted: Oct 05, 2013

Penny Picks NetFor a while Pub Crawl Holdings Inc was the most Preferred Penny Stock on this planet and why not? It had reached as high as 238% (only to plummet in the next few sessions). Anyone who cared to investigate this Preferred Penny Stock would not have failed to realize that it was a pump. Who was pumping it was irrelevant. My point being, the meteoric rise of a scrip does not make it the most preferred penny stock. The tag can only come if the stock in fundamentally strong i.e. belongs to a company with strong potential. The criteria for most preferred Penny stocks can come from its rise or fall at the exchange.

Most preferred penny stock trigger

I know a major promoter who has the ability to pump massive amounts (anything up to three-quarters of a million dollars) to pump up Pink sheets stock and turn them into most preferred penny stocks. So why do I feel that Pub Crawl Holdings, Inc did not merit the "most preferred penny stock" tag? For starters, the company had only two thousand dollars in assets - before it acquired Mobile Dynamic Marketing, Inc. (MDM). That apart, there is no more information available on Pub Crawl Holdings, Inc. Sounds fishy enough?

We were told that MDM was supposed to own and launch several hundred Android apps for cell phones and tablet PC's. When I checked I could not find any app that was made by MDM. In fact, I was hard put to find any information on MDM. In any case there are thousands of app developers out there. I don't see any unique selling proposition here nor was there any reason to assume MDM was something special - certainly nothing to justify a 238% jump in value of Pub Crawl Holdings, Inc.

Today the company is down 80% - imagine how much money investors would have lost. Just about everyone who had invested when the stock began to rise and become the most preferred penny stock would have lost.

Fact is, the term "most preferred penny stock" is a bit of a misnomer because a most preferred small cap stocks for one investor might not mean the same for another. Some folks I know set their preferences based on their favourite sectors (pharma, IT, auto and so on) and then hone in on individual companies.

Yet other investors label most preferred Great penny stocks on the basis of their earning potential or long term returns. Others prefer volatile stocks and so on. The reason I would label a penny stock as my most preferred penny stock might not necessarily work for you and vice-versa. There's no minimum standard or requirement.

In my opinion, to qualify as the most preferred Best penny stocks, it should have a history and a story to tell. Transparency is the key. I would stay away and advise you to do likewise for stocks with little or no information available. Trade wisely, trade safe.

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Author: Jeff Mirkin

Jeff Mirkin

Member since: Jul 20, 2013
Published articles: 4

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