Todays Hot Penny Stock

Buying penny stocks is a fabulous investment for the main reason that they can quickly make a dramatic price gain. Most every day, there will be a hot penny stock that rose over 100% in just that one day. So while others are investing in blue chip stocks, hoping to earn something like 15% per year, penny stock investors hope to find several that make double or even triple digit gains in a week or month.

But it is not easy to find these big gainers or else everyone would be doing it. Because there is more risk in buying penny stocks than larger issues, many investors steer clear of them. But if you are willing to take that extra risk and not put in more money than you can afford, they may be for you.

The challenge is finding these big gainers when they are cheap. It is hard to use traditional analysis on penny stocks. Due to their small size and market capitalization, many times there is not an analyst who reports on them. And for the individual, it takes a lot of time to sort through all the information to find the one with the potential to gain 100% or more. But there is a way to find these hot penny stocks without all that research.

The secret to buying penny stocks that will gain 100% or more is to follow stock promotions.

A stock promotion is basically a marketing campaign where the product is the stock itself. The goal is to advertise the benefits of buying the stock and increase the demand. With increased demand comes a higher stock price - and your potential profits!

It has been proven through research that 7 out of 10 stocks that gain 100% or more are due to stock promotions.

So now the task of identifying big gainers when they are cheap just got a little easier.

Historically, knowledge of stock promotions was held by professionals in the business. Now though, one of the more successful stock promoters is making his hot penny stocks available to the public through his newsletter. The Wall Street Journal wrote about Jason Fuller, “Unlike other penny stock ‘experts’, Jason has managed to turn these investment vehicles into a tool for riches.”

Jason Fuller is not only a successful stock promoter, but the results from his stock picks have been impressive as well. Over the past 10 years, he is averaging 127% gains. On his website, he publishes a list of his 2008 picks and their results, so you can judge his performance for yourself. Jason has recently opened up his newsletter and his weekly picks to the public. I subscribe to it and recommend anyone else wanting to make big gains take a look at it for themselves.