Penny Stock Pick
Every once in a while, I run across a penny stock that is set to move. With the recent election, one company that may be able to capitalize is ACTC. Advanced Cell Technology Corporation had a huge run up when it announced the news that it was able to extract stem cells without harming an embryo. Since then it has settled in the $0.70 to $0.90 range. With Democrats seemingly back in power, the debate over stem cell research will surely capture headlines, and if the current constraints are relaxed, ACTC could benefit significantly. We have a 6 month target of $1.65 on this stock. Please do not allocate more than 5% of your portfolio to these types of stocks, most of them are "garbage"
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