OnScreen Technologies - My New .OB Pick for October-November

Hey guys,


Want a shot at doubling your money easily? Well I have a small 20 cent stock that can do the trick! Yeah, yeah, I know what you are thinking! You are wondering, what about MSEP, and BUGS! I know I recommended them and I am STICKING by that. That is because, it takes time, and some patience to win in certain penny stocks. I got you in there early so you can have a nice position. I remember when I first started, I found a small company, HISC that I put in a small position in. The company seemed interesting so I said, "eh what the heck". Let me tell you, for almost a whole month, I was down big time. Still I tried to be patient and disciplined myself to hold on. I only held on because the company sounded very promising. 2 months later I was generously rewarded with over a +400% return. Believe me, I wasn't complaining then! Also don't think all pennies can pull in good returns! The stock must have a good story! HISC's story was about Homeland security (a big thing at the time and even now).

Listen though. Most day traders and penny junkies day trade the pennies. They use computer software programs with advanced stock screeners that search for penny stocks that have put new news out on the wire or pennies that are near key technical points and also scanning for level 2 quotes with high buying volume. Thats how its done. If you got about a grand and a whole lot of free time, you can do this every morning and try to make money. But if you are like me and you just got started and you don't have a grand to spend on a sophisticated program like MicroCap Trader, and you are not a bum that has all that free time to sit at home in the morning, well gee, we can't afford that luxury! And we don't want it! Thats because only the most experienced traders are actually able to pull in big bucks this way (I'm talking about pulling 500k easily in a year). Most and if not all the novice are easily eaten up, chewed up and spit out! Thats how you lose your money playing with pennies- by trying to day trade them (sophisticated equipment or not).

So how should you do it? Well with .OB's you can see if insiders have purchased stock. If you find a stock like that and it doesn't look like the insiders were just passing the shares back and forth between them like a bunch of girls with a baton, then you got a winner. I believe that the insider buys in MSEP and BUGS are a good sign that the stocks may appreciate in volume sometime (who knows!) in the future, you just gotta be patient. But don't go too crazy with it! I know I mention it all the time, but it is very important. Do not put more than $2000 in a penny or .OB stock! You can lose your entire neck with these! Don't put in more than you can afford to lose. As a matter of fact, kiss your money goodbye before you put it in a penny stock, cause you may never see it again!

Okay so lets talk about OnScreen Technologies (ONSC.OB). ONSC currently trades at .20 cents even. The volume is at 98,000 shares (which is measly for a penny stock) and the average volume is 79,000 shares. So there is a little increase in volume action. The stocks 52wk low is .19 cents, so we are catching it rather low.

Onscreen Technologies (ONSC) 3 month chart