Let's face it, not every triple zero stock strikes it big for its shareholders. Some fall to the triple zero's and find a home there before eventually becoming dormant or reverse splitting. Other triple zero stocks can mount furious rallies, some that take the stock 1,000's of % higher.
Take, for instance, AWYI one of my triple zero alerts from last year. I alerted the stock with no bid and a price of $.0001 and it went on to surge some 2,300% higher from there. No one was buying that stock up until I alerted it. No one saw the potential I saw in it otherwise it would have been trading at a much higher price.
It takes a skill, knowledge and research to find the next triple stock that is ready to post a significant rally. While I have many triple zero stocks that I think have the potential to rally this year including PRMO, PRPM, MTIZ, STAU, I think TSNP right now, has the best chance at posting significant gains in the short term.
For one this stock has fallen from $.0028 and has yet to bounce. $.0028, the stocks most recent high is 1,400% from today's close, and could easily be hit if the pressure begins to build with this stock. In this market once the money starts coming into a stock it can move with reckless abandon.
TSNP is current at Pink Sheets and continues to maintain great transparency with its shareholders. The company has filed all its quarterly reports at Pink Sheets.
TSNP just released it share structure to Pink Sheets on January 27th. It is a modest share structure and one that has not changed much the last few months. That means the company is not diluting, which is great news for shareholders.
This is the current share structure:
Shares Outstanding | 1,844,678,199 | a/o Jan 27, 2011 |
Float | 1,383,510,270 | a/o Jan 27, 2011 |
Authorized Shares | 5,000,000,000 | a/o Dec 31, 2010 |
You have to like the fact that the company is maintaining its obligations to its shareholders.
Finally the news flow continues for this stock. There is a lot going on for TSNP and the company has taken the time to update its shareholders with pertinent company activities. Today's press release is pasted below.
With TSNP the low float is a great quality about this stock. You want to be owning a large piece of the pie when buying into any company. TSNP's low float allows the chance to get a nice piece.
Recent company updates show that management has this company headed in the right direction. I think at some point the share price will follow. At $.0002 a share, TSNP is, in my view, a great investment opportunity. Sure these triple zero stocks can be risky, but they can also pay off handsomely down the road if you play them right.
1 comment:
A penny stock is that trades at a relatively low price and market capitalization, usually outside of the major market exchanges. The penny stock is a very small company with highly exploratory shares.
penny stock
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