Midway Games Inc. (fka MWYGQ)

[Gatorelf]

good article from motley fool on why pennies are atractive now.

Even the nihilists out there (anyone?) will be disheartened by this: A new nationwide survey finds that "top economists expect the already deep recession to get even worse this year." That bad news, coming during a bear market that's decimated just about every stock investor's portfolio, can only mean one thing.

It's time for penny stocks
Stocks were down some 40% in 2008 and are down an additional 25% to start '09, so we can think of only one move to make right now. Buy penny stocks.

That's right, those tiny, low-priced lottery tickets have tremendous upside potential. They're our only shot to make up 2008's losses ... fast!

Who's with us?
After all, why would anyone want to buy $132 billion Johnson & Johnson (NYSE: JNJ) when they could own a significant stake in the upside potential of $50 million Aastrom Biosciences (Nasdaq: ASTM) and its Tissue Repair Cell technology?

more...

http://www.fool.com/investing/international/2009/03/06/why-we-love-wild-penny-stocks-in-a-recession.aspx