Top Penny Stocks List: May 16, 2022
I have two balls and neither of them is crystal.
So while it might be fun to debate if the bottom is in…
…or if this is just a bear market rally.
The answer isn’t going to make you money.
What is then?
Staying on top of the news, waiting for the right patterns to present themselves, and managing your trades like someone who likes money (not a gambling degenerate).
I’m not gonna waste your time with any more rants.
The market’s moving and I have five penny stocks that need to be on everyone’s radar…
Check them out below…
Table of Contents
- 1 Top 5 Penny Stocks to Watch This Week
- 2 Trading Education
- 3 Why You Should Consider Penny Stocks
- 4 How to Choose the Right Penny Stocks to Trade
- 5 Frequently Asked Questions About Penny Stock Lists
- 6 How Can You Create Your Own Watchlist?
- 7 Should I Create a Watchlist Every Day?
- 8 Does Tim Sykes Provide a NO-COST Watchlist?
- 9 Conclusion
Top 5 Penny Stocks to Watch This Week
Top Penny Stocks List #1: ShiftPixy, Inc. (NASDAQ: PIXY)
I traded this stock last Friday. Here’s a screenshot…
A 12% profit in one morning ain’t bad. Especially if you consider the market we’re in right now.
PIXY spiked right out of the gates after releasing news. Shareholders will receive common stock of the SPAC Industrial Human Capital Inc. (NYSE: AXH).
In other words, if you’re a PIXY shareholder, you get some free stock.
You can learn all about SPACs right here.
I keep my eye on stocks that prove to me they can run.
Keep reading to see why I traded the next stock on my watchlist 3 times in the last 2 weeks…
Top Penny Stocks List #2: Sysorex Inc. (OTC: SYSX)
I profited $1,300 from this stock alone. And it took me 3 trades.
In case you don’t remember, SYSX was on my watchlist last week.
That’s why I create a watchlist of stocks. Because former runners tend to come roaring back!
I share all my trades on Profit.ly, check ‘em out.
SYSX put a solid bottom in at 3 cents. I’m waiting to see if it can move back toward the breakout level at 11 cents.
I’m not gonna trade it unless more volume comes in. Learn the importance of stock volume.
SYSX has a nice-looking chart so far. I’m excited to see where it goes.
Top Penny Stocks List #3: Fernhill Corp. (OTC: FERN)
This stock was on my watchlist last week too…
FERN is a semiconductor company that also dabbles in the crypto sector. So there’s a lot of potential for hype around this play.
When it comes to trading stocks, the hype is king.
I even wrote a post teaching traders how to ride the hype without getting sucked in…
It put in lows at 1 cent last week.
As I’m typing this, it’s creeping back towards highs … but I’m waiting for more volume.
Top Penny Stocks List #4: Amyris Inc. (NASDAQ: AMRS)
This one is super speculative.
It just took a nosedive from $4 down to $1.50.
But on the way down, it showed an opportunity for panic dip buys. And that’s my favorite pattern to trade.
Here’s how to spot the pattern…
This stock could make a comeback this week. Or maybe it panics even further.
It doesn’t matter to me either way. I’m interested in volatility.
Top Penny Stocks List #5: Trans Global Group Inc (OTC: TGGI)
This is a legendary former runner.
And if you haven’t caught on yet, a history of spiking is a bullish trading indicator.
Former runners can always run again.
Take a look at the history of the volatility…
Focus on the past few days. It looks like it bounced off support, doesn’t it?
As of now, there’s no news. So I’ll stay away from it until I can identify a catalyst.
Remember people, there needs to be a reason for the move!
These are the top 5 stocks to be watching this week.
But it takes more than a watchlist to achieve consistent profits.
If you’re serious about becoming a successful trader, keep reading…
Trading Education
This is where your journey begins. If you can change your mindset from making money to learning, there’s hope.
New to penny stocks? Start with my FREE penny stock guide.
Also, get my best-selling book “An American Hedge Fund” here at no cost.
For the basics of my strategies, read “The Complete Penny Stock Course.”
And if you think you have what it takes, maybe the Trading Challenge is for you. Only apply if you’re willing to study hard. It’s not easy, but it’s where all my top students refined their skills.
**Apply for the Trading Challenge Today**
Trading Challenge students also get access to my daily watchlists. All successful traders make their own watchlists.
If you’re still on the fence about penny stocks…
Why You Should Consider Penny Stocks
You’ve probably heard people say “Penny stocks are scams.” Maybe your financial planner said, “Penny stocks are a very high-risk investment.”
Let me give it to you straight up…
Penny stocks are NOT long-term investments. They’re trading vehicles.
99.9% of penny stock companies fail. Or they do some weird pivot to whatever’s hot (like NFTs) and get a short-term spike. Then they suck again.
That’s what makes penny stocks beautiful. Other people think of penny stocks as investments. In other words, they believe the BS and hype.
Those are your enemies on the trading battlefield. They create massive volatility and THAT is what allows me and my top students to crush it.
The best part is, there’s a 7-step pennystocking framework you can use to identify common patterns.
Then, it’s a matter of discovering…
How to Choose the Right Penny Stocks to Trade
The world of penny stocks opened up when we created a tool that makes it easy. Heck, we even called it StocksToTrade.
That said, people often ask how to choose stocks. It would take you days to sift through a list of all penny stocks. Even a list of the 100 best penny stocks wouldn’t get you very far. You need to drill down.
Here’s where to start…
Look for Big Percent Gainers
This is my number-one criterion and always has been. I’m not interested in boring — especially to grow a small account. If you reach $9.7 million in trading profits like Jack Kellogg, you’ll earn the right to trade boring stocks.
StocksToTrade has several big percent gainer scans built in. Use it.
Look at the Exchange
This is important, especially in the beginning…
OTCs don’t trade premarket or after hours. That’s a good thing for beginners. Also, with OTCs, Level 2 data is more relevant. Once you start trading high-volume listed stocks, it’s more of a challenge to use Level 2.
Finally, some OTCs have a Pink Limited designation. Some even get the dreaded skull-and-crossbones Caveat Emptor label. Be wary of these stocks. I’m not saying to never trade them, just take extra caution. If you’re new, avoid Caveat Emptor stocks altogether.
Investigate the Company History
After a while you probably won’t need to do this. Why? Because you’ll understand why penny stocks are called “Wall Street’s gutter.”
Take off the rose-tinted glasses…
Some penny stock companies change names or sectors as often as we change presidents. At least understand that before you start trading. Where can you find the dirt? Find the ticker on the OTC markets website or SEC Edgar. Then start going through filings.
(Top tip: StocksToTrade has links to all SEC and OTC markets filings. Use it.)
For more on how to read SEC filings, see my DVD guide called “How to Read SEC Filings.”
You’ll get blown away when you start digging. Most of these companies have more skeletons in their closet than a haunted house.
Always Verify Their Claims
The next step is to look for a catalyst. Most big percent gainers move based on news.
This is key…
Don’t take a press release or company tweet at face value. Try to verify the company’s claims.
Again, most of these companies fail. Half the time they have no product and no revenue. Rest assured, they’ll still issue press releases about their “world-changing tech.” Or some big contract. Or a new gold mine, oil well, or metaverse property.
Most of it is absolute BS. Which is why you should NEVER believe the hype.
Instead…
Be Skeptical
That applies no matter what promoters tweet or what you heard in a Discord chat. THOSE are the biggest scams in this industry.
That’s why it’s so important to use StocksToTrade and get the Breaking News Chat add-on.
The Breaking News Chat guys are on top of promotions, chat pumps, and sketchy press releases. They alert it all in chat. That saves you hours of research sifting through so-called due diligence.
I would NEVER trade without StocksToTrade Breaking News. Get it today.
Rinse and Repeat to Add Penny Stocks to Your List
It’s as simple as that. Add more stocks to your watchlist by repeating the process. I keep roughly 20–30 stocks on my big watchlist.
Each day cull your list. Take one or two off or add them to a secondary list. Then add the day’s top percent gainers with a catalyst and volume.
Frequently Asked Questions About Penny Stock Lists
Studying my watchlist is a good start, but you need to learn…
How to Create Your Own Penny Stocks List
Whether you call it a penny stocks list or a watchlist, the process is the same. It’s not difficult but you might find it time consuming in the beginning. Go through the process described below. Like everything else in life, with practice and experience it will get easier.
How Can You Create Your Own Watchlist?
Start by looking for big percent gainers. For two decades, big percent gains have been my #1 criteria. After that, look at trading volume. Focus on high-volume stocks. Finally, try to find the catalyst or reason behind the price action.
Should I Create a Watchlist Every Day?
All serious traders create a daily watchlist. If you’re serious about trading penny stocks, a daily watchlist is essential. No excuses.
Does Tim Sykes Provide a NO-COST Watchlist?
Yes. Subscribe to my weekly penny stock watchlists below.
For more information and a detailed guide on how to create a watchlist, read “Stock Watchlist Guide: Tips & Examples to Develop Your Own.”
How to Use the Top Penny Stocks List Weekly Update
When you read the weekly penny stock list (and the monthly watchlist), don’t think of them as hot picks. Frankly, sometimes they’ll be duds. That’s why it’s called a watchlist. Welcome to penny stocks.
👉🏼 SUBSCRIBE to my NO-COST weekly stock watchlist here.
It all starts with looking for big percent gainers. Try to figure out why I’ve put the stocks on my list. Study so you can help yourself become a self-sufficient trader. Only fools chase hot picks.
Conclusion
Bookmark this post and keep coming back. Every Monday (unless the market’s closed), I update this with my top penny stocks to watch for the week.
Start making your top penny stocks list today. It’s like exercise — at first it’s a little uncomfortable. But the more you do it, the easier it becomes. Review the steps to create your own watchlist above
What do you think about this penny stocks list? Comment below, I love to hear from all my readers!
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Hey Everyone,
As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!
Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.
So when you get a chance make sure you check it out.
PS: Don’t forget to check out my 30 Day Bootcamp, it will teach you everything you need to know about trading.
Amazing explanation.
As I reading your trading of penny stocks in markets and following steps ,i am understanding the marketing needs 1:the personal psychology and 2stocks ,also if you want to profit from speculative assets,you must to follow money.
Thanks Tim.
Thanks Tim!!
it’s that time of year again. moved from Feb love to March. March madness. April bunny hopping or spring cleaning…
Hey Tim! Congrats to you and your mom and dad! I hope he’s feeling better. Met them both briefly in FL at one of your round tables in FL. I was a challenge student a few years ago and stopped studying after making a 150K trading options with Paul Mampilly. Unfortunately I did not cut losses quickly and it all went bye bye. So I’m back in the basement watching your old DVD’s and going through your posts like this one. Exciting to see Roland and Jack and Huddy etc. doing so incredibly well. When the time is right I may jump back into the challenge. But I’m also interested in signing up for Rolands challenge, so we shall see. Looking forward to earning my millions. I follow karmagawa and I’ve noticed friends of mine that aren’t traders reposting your posts, so your reach is definitely increasing. Congrats again on all your achievements and I hope to be arm and arm with your other millionaire students on a yacht in a far away land soon!
Thanks! Sorry you took the losses, but a good lesson. Are you aware Mark Croock adapted my framework to trading options and he’s crushing it? Roland is crushing it, too. Whichever you choose, keep studying and NEVER give up. Focus, focus, focus and STUDY HARD!
This guide very useful and well organized and facilitates my development every day
Hey Sykes, ive been tapping into your blog alot lately. being part of the millionaire challenge has been an opportunity of a lifetime. not only did i learn a skill to generate profits consistently, but i also gained access to an entire community of traders that are working towards the same goal. To anyone that may be new to trading. or just havent found their consistency. I want you to ask yourself a few questions, Are you going to take the time to learn the game? You can’t succeed at anything if you do not understand the game, Are you wiling to take a leap of faith in yourself to learn a new skill? Are you okay with not making any money, potentially investing and going into debt to gain a lifetime of wealth? Trading in the beginning is overwhelming, so just start by just diving into content. Take in as much information as you possible can, even if you do not understand. but your brain will remember the words. then when you get through your learning curve, go back and rewatch everything, and now take notes. Sykes is an amazing mentor, teacher, and feels like a big brother to me, even though i never actually met him lol. he uses alot of his energy to help his students, and other people with Karmagawa. I want to become a success not for myself anymore, i will become another millionaire student of Tim Sykes, bc i want the world to know his energy is being put to good use. This missoin has grown beyond myself and my want for riches, this has now become a Journey of Enhancement and Recognition for my mentors teachings. So i can become a proud mentor to someone else one day in the Future.
which other backtesting software or method would you recommend as international clients can’t use the THINKORSWIM (on demand feature ) ??? thanks ins
Finally made a good trade on $AXXA, little profit on small account. Went over a video on one of your challenge students who started on otc stocks and explained what to look for. Was happy that once that I didn’t blow my account, slowly get some more good trades and increase my account. My concentration now Tim is on you and your teachings and your successful students. I want to become just like them. It has to be done.
This was great Tim. Thanks
Hi im Tom
Im brand new here this evening. First time i opened up your platform sight through e-mail you sent me. All i read was written sub headings. As i scrolled down on the sight. I ended up were your readers commented directly to You. No worries! i don’t think less of you lol. Quite the opposite. My reason for writing is to express. After reading every comment from your students and your replyed comments. This in it self gave me a jump start having a clear understanding exactly were your coming from. So, As I for the first time! Start learning through your courses. And begin gaining your insight, knowledge, experience, wisdom, and your ability. I would like to shout out! Cudos to all your students. Because of there comments and your response. I get it! And going forward on this road of education will be learned on a quicker scale. Due to the value of insight. I just recieved. What a nice kick start on the journey of learning and the opportunitys that follow. PEACE
It is great Tim that you remember what it felt like to not to really have, it is where I have been all my life because of not putting away fort the proverbial rainy day! I appreciate that you give from your heart and want everyone to achieve the same success as you if not greater!!
how do I unsubscribe please
Sorry to see you go! All emails have an unsubscribe link at the bottom.
Love it!
I’m a grandma trying to help my family. I work as a nanny, so a VERY small account and Stocks to Trade has a high monthly premium for such a modest lifestyle. Do you have a program for just your alerts?
Yes! See our different plans here. One reminder – use my alerts to learn. NEVER follow me, or any other trader, into a trade. Alerts are for students to see, in real-time, my thought process. Repeat: NEVER, EVER, FOLLOW ANY OTHER TRADER INTO A TRADE! Build your knowledge base until you’re self-sufficient.
Studying facilitates development.
HI Tim, I live in Canada, in Ontario to be specific, can you recommend a good trading platform that is in Canada
See my brokers at https://tim.ly/sykesbrokers Many international students use Interactive Brokers.
I think $VRAY should be on your radar
So far this has one of the most informative watchlists I’ve seen. Thank you for all the info and I’ll keep studying hard. One day I’ll make some good trades.
Well done as always Tim. Your ability to inspire is second to none. You are the goat.
hi would you kindly give me info f a broker in the uk where i can buy and sell the penny stocks i have been lookiing for several weeks many ads say they are best then as soon as you mention OTC they drop the phone ,.
thanks
mike norris
Many international students use Interactive Brokers. You might have to pay higher fees for OTCs.
i will be your next millionaire student
Knowledge supports growth & development.
Tim, your watchlists are very informative. Thank you and your team taking time to do them. I like watching but not buying :)) as you always say, it is a watchlist not a buylist. I do my own due diligence. I also never miss Bohen’s pre-markets and 411s. Do you check level 2s? What is your take on that?
Glad you like them. Yes, I use level 2 for trading – especially for OTCs.
Hey Sykes been stuck at the homework screen trying to join the challenge. I did all assignments and I haven’t moved from the 6th homework assignment screen
Contact someone from my team here.
Hi Tim,
Thanks for your Watch list every week. Other so called stock expert charge money and you give free advice, thats great man. Long back on your suggestion i bought BNGO(Bionano Genomics Inc) for $0.53 and recently sold for $9. That was great earning, i am big fan of you. Keep doing good work brother.
Hi Tim, this is Melanie, one of your students told me to buy first your book the complete guide of penny investing from Amazon, study that book and then enroll in the 30 boot camp challenge. I read everything above and it seemed that I can just enroll in the 30 day boot camp without reading the book. Pls advise me what to do, by the way my book will be arriving today. In the boot camp how many hours a daily do I need for the boot camp? Because I’m currently working.
You get to choose how much time to put into studying. You don’t have to finish the https://tim.ly/30boot Bootcamp in the 30-days as you get lifetime access. Some people do it faster. I suggest repeating it several times until the lessons are ingrained.
Are any of these stocks On RobinHood
No idea. Check Robinhood. Then get a better broker. See my brokers at https://tim.ly/sykesbrokers
Thanks Sir that helps me a lot.
Not doing too well, i keep finding the correct stocks but after a pull back especially a strong pull back i get out… after they rise 1 or 2 usd , frustrating , my small account has got smaller , always afraid and getting out with very small gain or loss, how do you know to hold on and not being afraid of a strong pull back and getting out too inmature…..
WDLF was not hype. It was due diligence. I got at 0.005 and left at 0.035. Again purchased at 0.015. I also did AITX at 0.025 and left at 0.12. Still trying to re-enter at a favorable price. I bought OZSC at 0.09 and left it at 0.17. I would love to play all three stocks again and again
They’re all promoted junk. WDLF is down 65% off its highs. AITX down 66%. OZSC down 77%. Good job for locking in gains, keep doing that and forget about DD on these pieces of crap. Ride the hype but NEVER believe it!
Alot of your selected stocks I cant purchase, I have an acount with Merrill and the error message when i try to make a trade is that the symbol you are trying to purchase is NOT ALLOWED ON THE MERRILL PLATFORM
See my brokers at https://tim.ly/sykesbrokers
saw you on bravo recently loved it when you took back 10 grand because the internet sucked , causing you and your mentors to lose money i don know if i already got the watch list or not so ill sign up for it in case it does not come with your course automatically and you sure messed up the cook because his tip sucked ,,causing him to have a temper tantrum in the kitchen i said man that tim he knows how to bring it ,on a boat ,on the internet ,on tv on you tube any where and everywhere so it was great tv tha’s all i can say , and i really enjoyed that episode
Lol. We got along great off camera! There was some dramatization there, as you can imagine. And thanks, I work hard every day!
Tim: How are you doing
I’m doing great. Thanks for asking!
I have learmed how to develop my list from the two Tims (TTs). One thing I will do afyer the bell at 9:20 or so, look for top % losers. Just to see if panic dip buys may present itself.
Hello,
Honestly speaking I’m a big fan of Tim. However, I don’t understand why many of these stocks are on this list. Correct me if I’m wrong but these stocks have already ran and began falling. If I’m missing something please feel free to enlighten me. I’m wondering is this the same watch list premium subscribers receive? Ijs help me understand because I don’t and haven’t over the past few weeks.
1.) Start with big % gainers. 2.) Former runners can run again 3.) Check out my trades here. I’ve been dip-buying roughly 1/3 of the time this year. Which means I look for multiday runners and wait for them to panic. 4.) It’s a WATCH list, NOT a buy list. Use it to learn how to make a watchlist. Learn the thought process behind it 5.) I traded 4 of these stocks on Monday AFTER my list was published: HQGE, VPER, LTNC, and BTZI making $5,644* 6.) AABB finished the day up 73.5%, LTNC finished up 114%, and VPER finished up 40%.
(*Please note: My results are far from typical. Individual results will vary. Most traders lose money. I have the benefit of years of hard work, dedication, and experience. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
Enough reasons to learn? Now go study.
Dear Tim Sykes,
I wanted to take a moment to appreciate you and your work. I am physical therapist in Seattle with two teenage daughters. I joined the stock market craze this year and just have a passion for it. I’m in lesson 17 of your 30 day challenge. I just wanted to say how much I appreciate your kindness and generosity of spirit and work with people who have less monetarily. You are truly an educator and I love you passion and videos and help. I’ve had my ups and downs with the market but hope to succeed to the point of helping others as you do. 🙏Sue
Thank you! Keep studying!
I have not yet made enough money to take your challenge. I was a subscriber to Stocks to Trade and your Super Nova alerts for a couple months but had to cancel due to funding. Looking forward to getting back into the fray when funds allow. In the meantime your emails are helping a great deal. I’m learning and building confidence. I’ve opened accounts for my granddaughters and now their unrealized gains are more than mine. I feel great about that. Thank You. Your bulldog attitude keeps me charged and going. Your generous character is what I look forward to achieving in my life.
🙂
I am reading and watching everything that you have sent my way. Thank you for giving me the chance to follow your work and learn how to become a millionaire trader.
Great list and commentary. I have a handful of these on my own list – nice to see I’m “barking up the right trees”.Would love to hear your thoughts on TAAT.or TOBAF (US). Have a great short week!
I love your watch list, by studing yours i can now confidently creat my own
YES!
Nice of you to send the watchlist BUT it doesnt really do us any good sending it at 8 pm on monday. today is a prime example. gains were realized long before your readers got to see the list
My watchlist is just that – a WATCH list. Not a buy list. NEVER follow another trader’s alerts or buy based on their watchlist. The whole point is for you to understand my thought process so YOU can learn to make YOUR OWN watchlist!
Hi Ti., Thank you. I lost a lot during the 2008 crash. Still trying to recover for my retirement nest. But lately, it seems I am always late to the game 😂
Please shed a light on WDLF. What I found about it is;
7 social networks – licensing fee, 200 advisors, launching additional sports network e.g. auto racing and extreme sports. Platform Golflink is a social network serving 60 million golfers in the world (24 million in the USA valuing $84 billion). Cycling social network serving 1 billion cyclists worldwide, the racket sports network, soccer network 3.8 billion audiences, mjlink subsidiary for cannabis, 3 subsidiaries launching IPO’s, reduced considerable debt in 2020, It looks like they are using a pyramid scheme to expand. They got 3 subsidiaries and these subsidiaries will buy many tech/CBD/AI companies with the equity launching. So the network will expand and many of these companies may become unicorns. Above all is the master planner $WDLF which collects % of all money/equity/value. This could be a huge company in the long term if they execute the plans very well and buyback shares with the revenue they will generate.
So is this due diligence? Or an attempt to pump a stock on my blog? Because it looks like the latter. Ride the hype, but never believe it. 99.99% of penny stock companies fail because they’re JUNK!
i am 72 years just want to make enough to retire me and family no idea on trading penny stocks but all i can buy
Start with my https://tim.ly/30boot 30-Day Bootcamp to learn the basics and see if trading penny stocks is for you.
Hi Tim,
Been making daily watchlists since the end of November 2020. I get up at 6am eastern time, read the news, check the futures, check what bitcoin and crypto are doing, then start my watchlist with yesterday’s and the overnight gap-up stocks, biggest % $ gainers, biggest % volume, checking the news if any on each one. Then I set my risk (9%) and profit(15-25%) exit for each and the amount of shares to buy based on 50% of the value of my available $. I ultimately pick the best 2 stocks to watch to keep it simple. I am restricted by the PDT rule but only trade when I see a really good setup anyway. Just wondering what the best Sykes training program is to buy since I have had to start a new job last week to support my family and this will hamper my trading for time being. I’m thinking your boot camp but again I will not be able to trade but I want to continue learning. I’ve posted several comments but don’t ever get a response, I’m sure you are inundated with emails!
The review of stocks which are listed above with quick analysis really helping a lot. I use Robinhood and WeBull apps for trading and I don’t see any of the OTC stocks listed in these trading apps, do you know where can I buy those stocks for trading in case I want to invest?
Another reason to avoid Robinhood. I use these brokers.
Would like to do the Trading Challenge, but not at this time. Hopefully, in the near future.
Nice to see 50% of my watchlist listed in your OTC section! I had INKW on my list for today and got in about 10 minutes before your alert! I’m happy to see my studying and trust in the process starting to move me in the right direction! Thank you for all your efforts, they are greatly appreciated! #OTAAT
Thank you!
Hey Tim, been studying your system for a few months now. Thanks for your watch lists, they are really helpful to understand your system. I was really happy to see that not only did I have several of your stock picks on my watchlists recently (SNPW, AMBL, TNSP) but I had actually traded some of them for a profit (COUV+18% 1/5/21, 4,000S), AITX. This is after only 2 months of of studying and reading your “Americas Hedge fund” book. Thanks again Tim.