I don't normally speak about penny stocks that I own personally. This is because I try to keep my personal investments (mainly international) and selections for Peter Leeds Penny Stocks subscribers (mainly U.S. based) completely separate.  

First of all, when I get involved with a company, I do so to the tune of hundreds of thousands of shares, if not millions. I need to be able to accumulate more or unload significant positions at any point in time, and this can really throw the share price around. This would make it harder for my subscribers to get involved at appropriate prices, in some cases, if they were involved in the waters with me. 

I also do not want any personal interest (owning shares, relationships with the companies, etc.) to potentially skew the industry-leading guidance of the Peter Leeds team, as it does with many other services and analysts out there. 

This was the motivation behind our voluntary and industry first 100% unbiased guarantee. Only from Peter Leeds Penny Stocks, this ensures that we: 

·        do not get paid by the penny stocks we cover
·        do not pump and dump
·        do not own shares (neither Peter Leeds nor his employees)
·        have no vested interest in any way
·        act only in your best interest 

I have been fielding a lot of questions in this ridiculous market environment, however, about what kinds of shares I personally own. This article is in direct response to those questions, and is not meant to be under the umbrella of the Peter Leeds 100% unbiased guarantee, nor under the umbrella of Peter Leeds Penny Stocks selections. Rather, it is a rare "behind the scenes" look at a portion of my personal portfolio that I prefer not to do, but will this once in this rare situation that has been fostered by the most unusual market environment I have seen. 

Now that I've hopefully made my position crystal clear, I will talk about a company that I personally own. This is a highly speculative penny stock, and it is not suitable for most investors, and I am in no way suggesting you buy shares. 

The purpose for this article is to demonstrate two things: 

(1)   the unreal values that are available in the market right now
(2)   how even the penny stocks with the greatest upside are sinking like stones 

Yangaroo (TSX: V.YOO, Stock Forum) is a company with:

·        one of the best management teams I've encountered
·        tremendous upside
·        approaching monetization and profitability
·        rapid growth
·        proven technologies in a rapidly exploding market
·        a strong balance sheet
·        results that are on plan or exceeding plan
·        strong intellectual property rights and defenses
·        very few competitors
·        barriers to entry that are getting higher as they expand their marketshare 

Personally, I own/control over 700,000 shares bought on the open market through four different trading accounts. The purchases started about 16 months ago, and I scaled in with dozens of small buys over the months since then. My most recent purchase was a couple of days ago. 

The reason I named this article, "A bargain you've already heard," is that you have certainly listened to some music that has been delivered digitally via YOO's patented DMDS system. Miley Cyrus, the soundtrack to the movie 21, the most recent American Idol winning song, Celine Dion... just to name a few out of the thousands. 

Now, if you've seen your penny stocks sinking a little (or a lot) in this really tough environment for speculative and newer companies, perhaps this story will make you feel a little better. Or at least, not so alone. 

I started buying YOO at 40 cents (Canadian pricing). It then started it's long year-and-a-half trajectory down towards where it currently trades now, around seven cents.  

I went through YOO's books, management, and prospects with a fine-tooth comb. I ran the whole company through Leeds Analysis, which is as thorough and telling of a review as you can get when it comes to penny stocks. I even got on the phone with their CEO John Heaven a few times, went to the Annual General Meeting, and even spoke with their competitor's CEO to round out my opinions. 

Yet, even with my experience and in-depth research, I'm sitting on shares that are worth just under half of my average cost per share. This couldn't be a better demonstration of how the market is not properly valuing any penny stocks nowadays, instead leaving all speculative companies, good and bad, in the scrap heap as people run for cover. 

Is YOO a fundamentally strong, industry-leading corporation with massive upside? Absolutely. Are investors treating this company any differently than a debt-ridden, slowing growth company in the middle of a massive cash crunch? Not really. 

So, while millions of investors are heading for the exits, tossing away their shares of speculative penny stocks on their way out the door, keep in mind that the people that stay behind get to sift through the litter. Some of the terrified throngs accidentally threw away their wallets. 

Disclosure: Peter Leeds is not endorsing YOO, nor suggesting that you buy or sell shares. He has received no compensation for this article, or from YOO at any point. He personally owns/controls approximately 720,000 shares of YOO, which he bought on the open market. He may increase or decrease these positions without notice and for any reason. YOO is an extremely thinly traded stock, and will be subject to price volatility with any buy or sell orders. Your broker will suggest that you use limit orders to protect yourself from this volatility.