Blog : Picks in a Crazy Time

by Peter Leeds on October 20th, 2011

This is a crazy time for penny stock picks!

With everything going on, from Occupy Wall Street protests to the death of Gadhafi, from European debt contagion to a 25 year high in the U.S. "misery index," you'd think it was near impossible to keep finding good penny stock picks.

On the other hand, making great picks relies on getting great values, and there are currently more penny stocks trading at a discount than we've seen in our career of making picks.

Uranium penny stock picks have sunk in response to the nuclear meltdown in Japan, rather than any underlying issues with the companies themselves.

Gold and precious metals penny stock picks have been trading at a discount, since a recent drop-off in commodity prices have put a crimp in their rise.

Retail penny stock picks are just trying to battle back against decidedly low consumer confidence.

Internet and technology penny stock picks have also fallen, in sympathy to everything else.

In the end, what you're looking at are unprecedented opportunities for penny stock investors. Pick up a few shares in top level, high quality, fundamentally solid penny stock picks that we provide, and you'll be sitting pretty a few months from now as the economy picks up steam.

The general rule is that the greater the pessimism, the greater the magnitude and number of opportunities for our penny stock picks.

In fact, when things seem to be at their worst, they are generally at their best, from the standpoint of a company that makes penny stock picks.

I'll tell you that when it's hardest to find high quality companies at great prices, is when the markets are doing extremely well. At the height of the dot com bubble, I shied away from a lot of penny stock picks, while most stocks were going gangbusters.

While it's hard to do at the time, when the media and everyone's grand ma is shouting about how high the stock market is going to go, and their penny stock picks, I still wrote an article explaining that the rise of the NASDAQ was not sustainable. It had to come down. And when it did indeed return to earth, it wouldn't be a gradual and orderly decline. Well, you already know how that all turned out.

Stick with us, stick with our penny stock picks, and we'll keep navigating you through these tumultuous times. There are more and more opportunities arising every day, as events keep impacting markets worldwide, and here at home. With just about any event, there will be another opportunity to profit with our penny stock picks.