Profit Taking in Penny Stocks TGC, WYY, GSX

I have noticed in the recent weeks strong selling pressure for penny stocks and micro cap stocks. After doing research on earnings, news releases and the overall market I determined the only explanation was profit taking triggering sell-offs. I will list some penny stocks in this article that may be good buying opportunities due to sell off pressure.

Recent Spikes in Volume for Penny Stocks GSX, TGC

 Within the last two months these penny stocks that I wrote a report on have seen immediate returns and strong volume. Both penny stocks are natural gas and oil exploration micro cap companies. The two companies are Tengasco (TGC) and Gasco (GSX) similar names but completely different companies.

Gasco (GSX) Natural Gas Penny Stock

With the Natural Gas Industry exploding in the US and the quest for energy independence; a penny stock natural gas company could be a great investment to benefit from this growing industry. I found a small penny stock company with over 100 natural gas wells that is already profitable.