Penny Stocks to Buy in 2016 - Penn Virginia. (PVA) - PVA is one of my top penny stocks in 2016 because
shares have dropped below $1 recently. PVA has been crushed as the price of oil dropped below $40 recently. Sales
are expected to see minor growth in 2016 and the company is forecasted to continue to lose money. SandRidge has some
good oil assets and it is a penny stock to watch in 2016. I like PVA stock below $0.80 if we see another drop but keep
in mind the company can easily go bankrupt. If oil sees a big rebound in 2016, Penn Virginia (PVA) will be one of the
Top Penny Stocks in 2016. My best advice is to only buy PVA on a break out vs trying to catch a falling knife. Wait
until the penny stock crashes, then buy on a break above a few previous daily highs. Keep a tight stop loss order and
make sure you take profits quickly.
(NYMX) - Nymox Pharmaceutical (NYMX) was one of the top stock gainers in 2015 after shares exploded from $1.25-$3. NYMX is a penny stock
to watch in 2016 because biotech is a hot sector right now. The company has an interesting drug to treat BPH (benign prostatic hyperplasia) which has been getting notice. Like PVA,
NYMX is only a buy when the stock price is breaking out. NYMX will likely be a hot penny stock in 2016 during several
times periods. However, if you buy and hold this penny stock, you will leave the door open for massive volatility.
Other Best Penny Stocks 2016 - ISR HEMP MJNA SD