Sunday, February 19, 2012

The length of penny stock rally

According to this research on penny stock runs over the last 10 years, penny stock rallies last from 6 to 13 months.


Start

End
Duration (Months)
Sep 26 2001

Apr 24, 2001
7
May 1, 2003

Oct 22, 2003
6
Oct 21, 2005

Apr 21, 2006
6
Jun 14, 2006

Jul 17, 2007
13
Mar 17, 2009

Jan 15, 2010
10
May 26, 2010

Jan 19, 2011
8


(Source: The Edge, Feb 20 2012)

Since our current penny stock rally only began in earnest in Dec/ Jan, we can look at May/June as the dateline. Not too late to jump on the bandwagon. I am waiting eagerly for the correction.


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