Good 5 Penny Stocks to buy

There are a lot of good penny stocks to buy in the OTC market this is why on this post we are going to show you different good OTC stocks that you can track and you can take the chance of buy good penny stocks.


Pier 1 Imports (PIR)

This company is one you should definetely track this was one of the most volatible stocks in the 1990´s and middle 2000´s the company was trading at $25 on november 2003.

In subsequent years, Pier 1 fell sharply from these levels as the business began to struggle. The near coup de grâce, however, was the financial crisis and the implosion of the housing market. Given that Pier 1 sells furniture and housewares, the mortgage meltdown devastated its business -- almost irreparably. On March 13, 2009, shares hit a low of 11 cents. However, the company never declared bankruptcy. An improving economy and a rising stock market have subsequently sent the stock back near its old highs. Currently, shares trade at around $20.

Concur Technologies (CNQR)

has a colorful history. Based in Redmond, Wash., Concur develops software that allows customers to integrate, track and analyze travel and expense data across a company. More than 18 million people in 100 countries and 60% of the Fortune 500 use Concur's travel and expense data-management solutions.
The company's business, however, was not always so successful. Although shares soared as high as $48.50 during the tech bubble in 1999, they subsequently crashed along with the Nasdaq Composite Index ($COMPX). On March 30, 2001, Concur traded as low as 31 cents a share. Now, those same shares are worth around $67, notching a gain of more than 21,000% from all-time lows.

True Religion Apparel (TRLG)

Apure Vancouver spam-fraud turned 'real' company." In fact, True Religion may be the best example of a sketchy penny stock turned successful company in the history of the stock market.
The catalyst for the company's rise was that its pricey designer jeans caught on and became extremely popular. Now, True Religion is a $667 million company with a sizable following on Wall Street.
It is a pretty amazing story, and even more amazing is the fact that all of this has happened over the course of eight years. On July 30, 2004, True Religion shares traded as low as 67 cents. Now, the stock is worth nearly $26 per share. Penny stocks may be risky, but in the case of True Religion, the risk taken would have turned into an incredible windfall. Shares are up almost 3,780% from their all-time lows.
 
 General Growth Properties (GGP)

 Had built a massive portfolio of mall-based real estate that it leased out to tenants. Throughout the 1990s and the better part of the 2000s, this was a great investment, hitting an all-time high above $64 in March 2007. During the good times, however, the company loaded up on debt to acquire more malls. When the credit markets seized up in 2008, General Growth was unable to refinance its maturing debt.
GGP filed for Chapter 11 bankruptcy in April 2009. The stock was not worthless, however, because the company's underlying real-estate holdings were still extremely valuable. If General Growth could work things out with its creditors during the bankruptcy process and re-emerge in better financial condition, the stock would still have value. In fact, shares actually rose during the process.
Investors that understood the intricacies of the bankruptcy, such as hedge fund Pershing Square Capital Management, made a fortune. On Feb. 27, 2009, General Growth shares hit an all-time low of 59 cents. General Growth now trades at around $19, a gain of more than 3,000% from the lows.

American Axle & Manufacturing (AXL)

Not only did the housing market collapse in 2008, but the subsequent recession nearly wiped out the American auto industry. The bankruptcies of General Motors (GM) and Chrysler and the near-bankruptcy of Ford Motor (F) devastated American Axle & Manufacturing (AXL). The company manufactures driveline and drivetrain systems and related components for the automotive industry.
On March 6, 2009, American Axle shares closed at 40 cents. Fortunately, the company managed to stave off a bankruptcy filing. Investors who caught the falling knife that was American Axle in 2009, have subsequently been rewarded with big gains, as the stock trades above $11 today.