Recently Puda Coal a company that owns mines in Shanxi Province, China, and traded at the NYSE Amex stock exchange in New York, faced action for fraud after it was found that two former executives of the company stole and sold the assets of the company shortly before the company raised over $100 million from investors in the United States.

The company attempted to cover the crime in the most audacious manner by releasing details of a fake takeover along with a forged letter from a Chinese state-owned entity.

Various investment advisors and leading penny stock promoters promoted the shares of Puda Coal despite the fact that the details pertaining to the theft were available for several months in Chinese media. Unfortunately no one bothered to research the company and promotional material put out by the company were taken at face value.

The research team at Damngoodpennypicks.com point out that any mildly competent student of finance would have spotted the fraud within hours of starting the research. So why did all the officials and promoters fail to spot it? Obviously, investors were given a raw deal which is why independent researchers such as Damngoodpennypicks.com play a vital role in ensuring that every penny stock you invest in is well researched and that there are no hidden worms in the woodwork. Of course, the penny stocks we recommend could still fail to make the mark but it would be due to market forces and not because the company attempted to commit a fraud or the stock promoters failed in their duty.
ROI on Penny Stocks

While it is true that penny stocks have the greatest room for appreciation (and therefore potential to book profits), it is equally true that same rules that apply to non-penny stocks apply to Top Penny Stocks as well. So if you are looking to make a fortune overnight, then you would in all probability be disappointed.

Yes, there are a lot of websites that claim you can make millions in Penny stocks overnight. No doubt the opportunities might sometimes present themselves but overall, investment in penny stocks or OTCBB as with all other types of stocks, require time and patience.

Damngoodpennypicks.com puts out a ‘Penny Stocks to Buy’ list. If you invest in the penny stocks selected by the research team at Damngoodpennypicks.com, overtime you will make profits in most of the stocks we’ve recommended. In most cases it will happen between six weeks to eighteen months because the penny stocks we recommend are based on events that are likely to happen within a maximum span of 18 months. So patience is recommended.

Damngoodpennypicks.com invites the investing public to subscribe to the Damngoodpennypicks.com Top Penny Stocks. As an inaugural offer, the email subscription will be provided FREE of charge but only till June 15, 2012. Thereafter subscribers wishing to continue receiving details on awesome penny stocks will be charged a small fee of $49.95 per month.

Check it out also for List of Penny Stocks and Good Penny Stocks

As predicted by the Damngoodpennypicks.com research team, three month streak was too good to last. Those of you who booked your profits gained. Those that did not, well, we predict there will be more opportunities in the weeks ahead.

With little other development to chew on, the market researchers at damngoodpennypicks.com recommend investors turn their focus to developments in Europe.

All major indices are doing rather well. However the research team at damngoodpennypicks.com recommends investor’s book their profits, though there is no need to rush just yet. While the pulse of the stock market indicates a correction is due and could happen in the months ahead, the research team at damngoodpennypicks.com feels there is still some juice left in the market and it will continue to grow in the weeks ahead.

As expected, the European crisis is far from over and despite their best efforts political differences and ideological compulsions will mean the crisis will continue to simmer a while. It’s not all dull though. The silver lining is the second bailout of Greece.

Other than Europe the other concerns that should worry investors according to researchers at damngoodpennypicks.com, is the price of crude oil.

Penny Stock News by Damngoodpennypicks.com

After a week of rollercoaster ride, the penny stocks rampage subsided with only a few stocks registering any meaningful increases.

EPGI Firecreek at $0.0029 is up 314.29% on news of its deal with Cubo Energy. In a mutually lucrative deal, U.K. based Cubo Energy has agreed to buy a portion of oil and gas from EPGI Firecreek.

Why Damngoodpennypicks.com

Ever since Damngoodpennypicks.com was set up, three-quarters of our closed positions have seen gains of 51% or more. Our meticulous track record continues which is why penny stocks suggestion by Damngoodpennypicks.com are in such high demand and the subscription list keeps growing every day.

Of course, we would be the first to agree that not all our penny stock picks performed well. Companies do and will falter due to various reasons and when they do their stocks perform in a less than spectacular manner. Wish we had a crystal ball that would help us get to 100% perfection but 51% is not a figure to be scoffed at. Our investors have booked hundreds of thousands of dollars in profits.

The research team at Damngoodpennypicks.com is 100% meticulous and no penny stock makes it to the best penny stocks suggestion list unless it is meticulously researched by our team.

Damngoodpennypicks.com invites the investing public to subscribe to the Damngoodpennypicks.com Top Penny Stocks. As an inaugural offer, the email subscription will be provided FREE of charge but only till June 15, 2012. Thereafter subscribers wishing to continue receiving details on awesome penny stocks will be charged a small fee of $49.95 per month.

Learn more about Best Penny Stocks for 2012 and Penny Stocks to Buy

Most penny stock newsletters require compensation to “profile” the companies they write about. Now there is a damn good penny stock picks newsletter raising the bar and doing it for free!

World Wide Web – February 23, 2012 Getting paid to showcase “hot” penny stocks may be a thing of the past thanks to www.damngoodpennypicks.com.

DamnGoodPennyPicks.com searches the markets, and reviews hundreds of companies in order to best pick those poised to move and deliver. The Company likes to keeps things simple, and presents users with viable information and data for cheap stocks via the helpful penny stocks newsletter.

Damngoodpennypicks.com incorporates the mantra “No Duds, No BS, No Bad Picks: JUST DAMN GOOD PENNY STOCK PICKS.” Newly introduced traders and veterans alike are gathering cues to penny stocks with the greatest possibility of gains. The Company has a knack for 100% winners and many readers with no experience are learning the ins and outs of trading top good penny stocks, making significant profits using the newsletter information.

The newsletter follows more than 307 stock promoter groups on the OTCBB and utilizes Pink Sheet Stock Analysis in order to recognize the good from the bad, when to buy, and when to refrain.

Most often dramatic moves in top penny stocks are the result of promotional activities, often referred to as “pumps.” Some people are scared of pumps because dumps often follow pumps. The newsletter shows readers how to recognize and not get caught in a dump and how to make money in a pump, often within minutes of the market open.

DamnGoodPennyPicks knows there is plenty of cash to be made when traders are well informed and the Company has set their purpose on revealing information on penny stocks to buy and presenting it in a well laid out newsletter so consumers are well informed and make money trading penny stocks.

Learn more by visiting http://www.damngoodpennypicks.com

Check out also for Penny Stocks To Buy and List Of Penny Stocks