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3 Hot Penny Stock Recommendations For 2011

By: Matt Morris

Penny stock pickers love giving out their "hot penny stock picks of the year"...and I am no dissimilar.

Without further ado here is my 3 penny stocks that could explode this year:

KKD: Krispy Kreme Doughnuts! Oh yeah...this ain't no honey high either. This stock is hovering for a stellar 2011 due to the turnaround evidenced in their 2010 quarter 4 earnings statement. They reported a great profit..even though Wall Street analysts expected a loss. The turnaround continues this year in my opinion.
2011 Price Target: $11 per share

GLUU: Gluu Mobile Inc. They make games for the iphone and ipad! Apps apps and more apps! It's a freakin' gold mine man! I tried playing this stock last year but it wasn't ready. The revenues are starting to roll in and the Ipad is getting uber popular. Cha-ching for GLUU.
2011 Price Target: $7

The last hot penny stock pick for 2011 is: SIRI
Sirius Satellite Radio. Surely you've heard of them? They have made an astounding comeback from the dark days of 2008/2009. I remember one day back then the stock hit .05 per share. The company is back on track, they even resigned filthy mouthed Howard Stern to a new contract.
On top of that, the chart looks poised for an awesome rebound to $3 or so this year.
2011 Price Target: $3.25

Article Source: http://www.newsarticlessite.com

Written By Matt Morris, Editor of Microcapmillionaires.com the best microcap stock newsletter in the whole wide world. I am one of the few penny-newsletter-guys that do not accept compensation to "pump" penny stocks. Sign up for 3 free Microcap Millionaires Newsletter picks.

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