That is a dangerous question to try to answer. Penny stocks are way to volatile to attempt to predict. But look at it this way, even if it only hits .01, that would be a very handsome profit.
Since you are new to penny land, pardon me if I attempt to be so bold as to offer some advice. The #1 rule in this world of stocks is "DON'T INVEST ANY MONEY YOU CAN'T AFFORD TO TOTALLY LOSE!" This is a high risk, high reward area of investing, with the emphasis on the risk part.
The #2 rule is: "GO BACK AND READ RULE #1 AGAIN"
This is the wild west, and we are "settlers from the east" traversing "Indian Country". We could be bushwhacked, shot, scalped or die of thirst. But with a lot of caution and a lot of luck, we just might make it to the homestead.
If you haven't done so, take a look at the yellow "sticky posts" at the top of this page. There is a compilation of information with plenty of links to outside sources of information. These will give you some great information to look through. Most sources are public information sites where you can read the full documents about CGFI. It may give you some things you will find helpful.
Good luck in your "investing adventure", and welcome aboard the CGFIA "Armada"! (we all own boatloads of stock, some more than others, thus the "armada" reference.) If you have a need for help, an opinion you want to share, or just an odd question, please speak up. We all learn from honest discussions and questions.
Don't take my word for it, Do your own research! Then you will know it's true!
