Monday, November 28, 2011

7 Penny Stocks Under $1 With Impressive Chart Setups For Tuesday 11/29/11

The following 7 stocks are below $1 with market caps between $39 and $148
million. Each of them had 500 trades or more Monday and were up between 2% and
15%. While there were over 38 stocks in this filter, the following 7 had
interesting charts capable of continuation this week. Coldwater Creek
(NASDAQ:CWTR) is the only company with an earnings call this week. It should go
without saying that if a stock is below $1 then its going to have a fair share
of problems but that doesnt mean you cant swing trade it for profit. Its not
wise however to overstay your welcome without doing significant due diligence
throughout the course of the trade. Broadwind Energy ( NASDAQ:BWEN ) provides
products and services to the energy, mining, and infrastructure sector customers
primarily in the United States. BWENs market cap is $98 million with a book
value of $.88 per share. CAMAC Energy ( AMEX:CAK ) engages in the exploration
and production of oil and gas. CAKs market cap is $148 million and they have a
book value of $1.20 per share. FuelCell Energy ( NASDAQ:FCEL ) engages in the
development, manufacturing, and sale of high temperature fuel cells for clean
electric power generation primarily in South Korea, the United States, Germany,
Canada, and Japan. FCELs market cap is $116 million and they have a book value
of -$.13 per share. Coldwater Creek ( NASDAQ:CWTR ) operates as a multi-channel
specialty retailer of womens apparel, accessories, jewelry, and gift items
primarily in the United States. CWTRs market cap is $82 million and they have a
book value of $1.47 per share and is scheduled to report their Q3 earnings after
the market close on Wednesday November 30, 2011. The recently closed an offering
at this level which is why I think it has a chance to go higher from here.
Personally I dont swing through earnings leaving two days to trade before
Wednesdays report. Uranium Resources ( NASDAQ:URRE ) engages in the acquisition,
exploration, development, and mining of uranium properties, using the in situ
recovery or solution mining process. URREs market cap is $80 million and they
have a book value of $.27 per share. Zalicus ( NASDAQ:ZLCS ) is a

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