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.

Real Estate and Gas and Oil Exploration Penny Stock

This report includes two penny stocks, one of these penny stocks is a real estate processing company that has an EPS greater than its share price. The other penny stock is a natural gas and oil exploration company with significant growth opportunities due to the increase in commodity prices.