Market Overview

5 Stocks That Can Still Soar In 2012 Announced By Penny Stock Picks. InvenSense Inc, Vringo Inc., Gdt Tek Inc., Immunotech Laboratories, Facebook Are Among Breakout Plays

Share:, provider of Winning Microcap Stock Alerts, Penny Stock Rumor Alerts, High Quality Stocks, and Breakout Stock Plays, offers a newsletter to investors looking for the best stocks daily announced 5 NYSE, NASDAQ, AMEX, PINKSHEET, and OTCBB Stocks That Can Still Break Out In 2012.

Huntington Beach, CA (PRWEB) October 25, 2012 provides its subscribers with a free newsletter that reports up to the minute information and exclusive charts on cheap, undervalued, hidden, and undiscovered stocks in the United States with the potential of fast gains.

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Stocks traded near session lows Thursday, with the Dow headed for a three-day loss, as rumors that ratings agency Fitch may come out with a statement on a U.S. downgrade weighed on major averages.

Although the market has seen a lot of negative days lately there are stocks that are still performing well. PSPicks feels the following stocks have the potential to soar in 2012.

Immunotech Laboratories, Inc., a development stage company, engages in the research and development of protein-based therapeutic and diagnostic products with applications in HIV/AIDS. The stock is a real sleeper. Its been basically stuck at 10 cents for months. Recent company filings have gone unnoticed and there is very little resistance in share price up to $0.75. PSPicks feels once this Company is noticed it will break out, and based on the recent filings it could get noticed by the end of the year.

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InvenSense, Inc. designs, develops, markets, and sells micro-electro-mechanical systems (MEMS) gyroscopes for motion tracking devices in consumer electronics. Subscribers to the PSPicks newsletter saw gains of over 100% when InvenSense was profiled. The stock has since come back down to near IPO levels and the founder just announced he is leaving. PSPicks believes investors overreacted when the founder announced his plans creating a buying opportunity.

Vringo, Inc. (Vringo) is a development-stage company. The Company is engaged in developing software for mobile phones. Vringo is in a lawsuit with Google. Investors believe If they win, the stock will soar big time, PSPicks feels a settlement will occur before the end of the year in Vringo's favor causing shares to go up into the teens.

GDT Tek, Inc., a development stage company, focuses on renewable and sustainable energy technologies. The stock has been going up daily because of positive press. At the time of writing this the stock was up over 90%. Rumors are circulating that the Company is heading to $0.30.

Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers. Just to be clear PSPicks feels Facebook is actually a dog stock and that Mark Zuckerberg should be fired, that being said it still can soar based on a bounce. On October 24th the stock went up 20% because of good news. It seems Zuckerberg realized he needs to communicate more with investors. PSPicks believes Facebook could have another 20-30% pop before the end of the year.

DISCOVER HIDDEN STOCKS is working on its next Undiscovered Company Special Report. These Special Reports typically see fast gains. Reports are issued to members only, Goto to subscribe for free.

Disclosure: PSPicks is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. This press release may contain several forward looking statements. Please read our report and visit our website for complete risks and disclosures.

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