Penny Stocks to Watch Out For In 2009

Every good investor has his eyes open for new penny stocks to watch, as his “discovery” could mean a return investment of a great deal of money. For the prospective investor, here is a list of the penny stocks that have been going places lately.

CAR

There has been a recent increase in CAR stock, although there is no information about what has caused it. It is, however, on some investors’ penny stocks to watch lists.

LFVN

This symbol pertains to the LifeVantage Corporation, which started around 2003. It is a nutritional company based on scientific discoveries to help contribute to their clients’ overall health and wellness. The wellness industry has been flourishing lately, and LifeVantage has been developing some health products with quite a number of benefits that are gaining in popularity, making this particular company one to watch.

PTN

PTN or Palatin Technologies developed a drug for people with potential heart failure, and have recently acquired a patent for it that is due to expire in 2027. Its mechanism is to bind to a person’s NPRA receptor, which makes it suitable for administration through the subcutaneous layer and for daily dosage. Due to the massive potential of this discovery, it might be wise to put some money on this one.

AFOP

AFOP, or Alliance Fiber Optic Products Inc., started in 1995 and is a producer and manufacturer of fiber optic products and related modules. It is a staple with communications equipment manufacturers, and also offers a wide product line of passive optical components. Some of these are couplers and splitters, DWDM components and modules, interconnect systems, depolarizers and optical attenuators. Their headquarters are in Sunnyvale, California.

COSI Inc.

COSI is an industry dealing in the operation, franchise and management of premier restaurants in the USA. So far, the income and profit of the company has been looking good, with no long term debt to worry about. There have been many informed investors watching this particular stock since the beginning of the year.

VTRO

VRTO, which stands for Vertro Inc., has a high volume currently and is beginning to spike upwards- there may be big increases in a short period of time on the horizon. Their finances are starting to improve steadily.

These are some of the penny stocks to watch in 2009.