Add LBSR and SIAF to the very top of your list of Penny Stocks To Watch. These stocks both had amazing runs then hard sell offs. However, there might be a big bounce back on both of these stocks. We do feel that these can be solid plays over the next few months.
SIAF – This stock ran to a high of 1.90 and the sold off below .50. We do think this could make a run up to about 1.50 before selling off again. If you are able to short this stock with your broker we think the proper entry is 1.50 and then take it down for a 50 % gain. We think the proper entry before it makes its way to 1.50 is around the 1.00 mark to play the bounce up. Keep SIAF on your list of Penny Stocks To Watch.
Sino Agro Food, Inc., together with its subsidiaries, engages in developing, producing, and distributing agricultural products in the Peoples Republic of China. The company involves in selling fishery plants and equipment, managing fisheries, and marketing fish and fish products, as well as selling technology sub-licenses, which include A Power Technology, which is a fish growing system and technology; and provides fishery consulting services. It also engages in producing and selling fresh liquid milk; rearing and selling beef cattle; planting crops for the purpose of further processing into livestock feed; processing, packaging, and selling value added dairy products; and processing and selling livestock feed, as well as fertilizers. The company sells its organic dairy products under the brand name of YuanTianRan. In addition, it harvests the green flowers from the Hylocereous Undatus (HU) plants before they mature into fruits, as well as sells them as vegetables; and involves in drying, processing, and packaging the HU plants green flowers. The company was formerly known as A Power Agro Agriculture Development, Inc. and changed its name to Sino Agro Foods, Inc. in October 2007. Sino Agro Foods, Inc. was founded in 1974 and is based in Guangzhou, the Peoples Republic of China.
LBSR is another stock that had more than a 50% sell off, but we do think this will actually break the 52 week high of .195 by the end of the year. Get long in this stock and watch your profits soar. You always want to have proper money management, but we don think this could hit near .25 before finally settling down and trading in a range after a pull back to the low .07;s.
Liberty Star Uranium & Metals Corp. engages in the acquisition and exploration of mineral properties in Arizona and Alaska. It holds interests in North Pipes Super Project with 1,757 Federal lode mining claims in northern Arizona on the Arizona Strip; Big Chunk Super Project with 707 mineral claims in the Iliamna region of southwestern Alaska; and Bonanza Hills Project with 56 mineral claims in the Iliamna region of southwestern Alaska. The company focuses on the exploration of uranium, copper, gold, molybdenum, silver, and zinc properties. Liberty Star Uranium & Metals Corp. was founded in 2001 and is based in Tucson, Arizona.
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