Penny Stock Soldiers (OTC tradeable tickers)/Momentum Plays

[ThePennyDoctor]

Looks like SPEX is going to pay me out big this morning. Lucky - I picked this one up with 30 seconds left before close. I actually was alerted to this one by http://bluehorseshoestocks.com/ - they are penny stock scammers, but also have an "extended watchlist" that is not bad. I have been watching them for a couple months and noticed my screener picks up most of the same tickers they flag, but occasionally, they give me another idea, such as SPEX. SPEX was easy to see in this case many ways I guess as it was the Nasdaq's top gainer yesterday. On the OTC, I just hold some TRTC this morning. I hold a ton of big board tickers as my scanner was really lit up yesterday. I did not have time to post my watchlist as I did the scan close to EOD - stuck in meetings.

I actually bought some physical gold yesterday also. For traders with money out there, I think it is a decent idea to hold 5-10% of your wealth in physical gold and silver; I don't trust the ETFs. My gold and silver investments are not like my trading - I will hold what I buy until it doubles and then sell half - I have a ten year window in mind for this to occur.