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THIS VIDEO IS FOR ENTERTAINMENT PURPOSES ONLY AND SHOULD NOT BE CONSIDERED A RECOMMENDATION TO BUY OR SELL A SECURITY. Penny stocks are highly-speculative plays and I have developed a new strategy for myself to use during 2012. Historically I preferred .000 plays but this year I’m going to experiment with .01 – .05 plays. Plays within this range with historical cyclical pops and drops will take priority. Also, I will only speculate with companies that historically have not split a lot and/or released an abundance of promises within press releases that never materialized. Also, the stocks must have a share structure that will enable them to move effortlessly. Although I did well with .000 plays, I’m adopting this new training strategy to lessen the odds of getting stuck holding a NO-BID stock. Falling from Penny Land to NO-BID should take a lot longer than .000 to NO-BID. This should provide more time to exit for a hopefully small loss, if the stock does not perform as expected. I hope that you enjoy this video and please feel free to check out my other videos too! IrixGuy Stock Market Video Playlist: www.youtube.com