Hot penny stocks to invest, hot small cap stocks investment idea

Goal

Small cap stocks with good momentum even in a choppy market environment.

Screening Criteria

Find small cap stocks with market cap between $5M and $ 500M, listed in major exchanges in US & Canada trading at or very near their 52 week highs.

Company Name	Exchange: Ticker	Market Cap [31-Aug-10] C$m
Unica Corporation	NasdaqGM:UNCA	485.1
Idenix Pharmaceuticals Inc.	NasdaqGM:IDIX	465.5
First Majestic Silver Corp.	TSX:FR	459.2
Rogers Sugar Income Fund	TSX:RSI.UN	426.5
Micrus Endovascular Corp.	NasdaqGM:MEND	414.1
Monterey Exploration Ltd.	TSX:MXL	392.1
Mesabi Trust	NYSE:MSB	380.9
Ace Aviation Holdings Inc.	TSX:ACE.A	333.8
Virage Logic Corporation	NasdaqGM:VIRL	332.3
Algoma Central Corp.	TSX:ALC	326.8
Extorre Gold Mines Limited	TSX:XG	292.9
Boralex Power Income Fund	TSX:BPT.UN	291.8
Potash One Inc	TSX:KCL	285.2
CanBanc Income Corporation	TSX:CIC	249.7
Timmins Gold Corp.	TSXV:TMM	244.8
Samuel Manu-Tech Inc.	TSX:SMT	239.8
Nymagic Inc.	NYSE:NYM	230.9
Orvana Minerals Corp.	TSX:ORV	219.4
Prospect Medical Holdings Inc.	NasdaqGM:PZZ	193.9
Firm Capital Mortgage Investment Trust	TSX:FC.UN	167.6
Lydian International Limited	TSX:LYD	155.7
A&W Revenue Royalties Income Fund	TSX:AW.UN	154.3
Buhler Industries Inc.	TSX:BUI	150.0
Golden Queen Mining Co. Ltd.	TSX:GQM	149.6
Wainwright Bank & Trust Co.	NasdaqGM:WAIN	145.4
Menu Foods Income Fund	TSX:MEW.UN	137.3
Alloy Inc.	NasdaqGM:ALOY	131.4
ExpressJet Holdings Inc.	NYSE:XJT	125.2
Rio Alto Mining Limited	TSXV:RIO	122.1
LeMaitre Vascular, Inc.	NasdaqGM:LMAT	118.6
Logistec Corp.	TSX:LGT.B	111.4
LSB Corp.	NasdaqGM:LSBX	100.0
Auryx Gold Corp.	TSX:AYX	91.3
BioSphere Medical Inc.	NasdaqGM:BSMD	86.8
Score Media Inc.	TSX:SCR	76.4
Andean American Mining Corp.	TSXV:AAG	75.8
Central Jersey Bancorp	NasdaqGM:CJBK	73.4
Gran Tierra Exchangeco Inc.	TSX:GTX	72.5
Beacon Federal Bancorp, Inc.	NasdaqGM:BFED	70.9
Black Marlin Energy Holdings Ltd	TSXV:BLM	69.6
Mawson Resources Ltd.	TSX:MAW	38.0
Bear Lake Gold Ltd.	TSXV:BLG	37.4
New Pacific Metals Corp.	TSXV:NUX	35.1
CAS Medical Systems Inc.	NasdaqGM:CASM	32.4
Pacrim International Capital Inc.	TSX:PCN	32.0
Skyline Gold Corp.	TSXV:SK	28.3
Millrock Resources Inc.	TSXV:MRO	28.1
North Country Gold Corp.	TSXV:NCG	27.6
Pershimco Resources Inc.	TSXV:PRO	23.2
Riverside Resources Inc.	TSXV:RRI	20.8
Waymar Resources Ltd.	TSXV:WYM	18.9
Taku Gold Corp	TSXV:TAK	18.7
Tagish Lake Gold Corp.	TSXV:TLG	15.7
Goldbank Mining Corporation	TSXV:GLB	10.7
Circumpacific Energy Corp.	TSXV:CER	9.38
Spruce Ridge Resources Ltd.	TSXV:SHL	6.79
Norwall Group Inc.	TSXV:NGI	5.71
Sonora Gold & Silver Corp.	TSXV:SOC	5.54

Source: Capital IQ
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