Hot Penny Stocks - January 12th, 2012

MIPS Technologies Inc. (NSDQ)

Ticker Symbol - MIPS

This company unveiled a $79 tablet today...

Inside you'll find that MIPS-based 1GHz single core processor and 512MB of RAM which should get the job done for most users. There is no camera or GPS, but If you're looking for something that can do video and stills, $20 more will get you the $99 Novo7 basic.

Over the past two years, smartphones were dominant. The next "breakthrough" is the tablet.

This company was trading at $18.00 one year ago and with this new tablet the share price may hit that level one year from now. Currently trading at $5.50, it's a steal. And, it just successfully broke through a significant technical level. The way to trade this stock is methodical accumulation throughout the next year averaging your position up along the move.

Personally, I have not purchased this stock yet. The markets appear to be standing on tip-toe as of this writing on January 12th and a correction is quite possible. Following such event, will look to aggressively accumulate MIPS on the other side of $5.00 per share.

November 22nd, 2011

Dear Investor

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