Silversurfer,
With pennies, generally, if you're good at paying attention to the T/A... resistant, support, changes in MACD - and the other pivot points those of you good a T/A loot to - those are good things to watch if you want to keep your funds safe in pennies. imho
With a company like HPGS, that is tied so closely to what is a very big topic in the news and around the dinner table (oil stability), and a topic that is not going away anytime soon unless the U.S. starts utilizing it's own natural resources MORE NOW, and just work on improving green methods in the interim (which just means more business for HPGS) - back to the first line of this paragraph - with a company like HPGS, I'd be paying just as close attention to the news as I would the charts for exit / entry points. I've traded pennies, and I've kept a few pennies. I am interested in HPGS as a keeper, but trading wisely with those mental stops clearly defined, as it moves as hoped for, upward. Just as we "hope" any stock we get into, penny or not - will move upward.
This company will have debt for several years I imagine. But we'll be looking to see how well they cut into that debt, BUT that may not be possible this quarter or next quarter. However, if the headlines continue as they are, or we do indeed start demanding more oil and gas to stay here in America for our own use, then that debt will come down faster then we think right now.
With a penny stock/company that is growing IN THIS HOT MEDIA & ECONOMICALLY LINKED SECTOR, I will care more about seeing revenue growing rather than how much debt is going down. And hopefully not see LARGE increases in debt that are not tied to expanding the business in wise directions.
By the way, I don't post often. Just busy. Good weekend to you and everyone else.