Are you ready for the top penny stocks to watch for June 2021? Even though the market is a little slower, it’s not a question of opportunity. It’s more a question of how bad you want it.
There’s still a ton of opportunity every day. The key is to prepare ahead of time. Be meticulous. Stay disciplined and manage your risk. Learn to take advantage of the market’s many inefficiencies.
How? Study every day. Create a watchlist every day. And understand that the most success will come over time.
Every day, I create a watchlist of five to 15 stocks to watch. Then I do a quick write-up of what I’m looking for and why I’m watching the stock. The watchlist then goes out to my students on Profit.ly.
Let’s get right to the list of top penny stocks to watch in June 2021…
Table of Contents
- 1 Top 5 Penny Stocks to Watch June 2021
- 2 How to Use This Penny Stocks Watch List
- 3 Can You Trade Penny Stocks?
- 4 5 Tips on How to Choose the Best Penny Stocks to Watch
- 5 Frequently Asked Questions About Penny Stocks
- 6 Conclusion
Top 5 Penny Stocks to Watch June 2021
The top 5 penny stocks to watch for June include sketchy OTCs, re-opening plays, and even past fraud. Let’s do this…
Massroots Inc (OTCPK: MSRT)
Massroots is a tech company that “aims to deliver quality information and create operating efficiencies through cloud-based solutions.” Whatever that means. It operates as a media company in the cannabis sector.
The company recently announced a letter of intent to buy metal recycling company Empire Services. Welcome to penny stocks. The June 1 announcement also teased uplisting…
CEO Isaac Dietrich said, “We believe it is in the best interests of our more than 30,000 shareholders to put MassRoots on the quickest possible path to a listing on a national exchange. At its core, MassRoots is a technology company and when we took a look at Empire, we saw an incredible opportunity to apply our knowledge and expertise to an often overlooked yet highly profitable industry.
“We believe the Empire acquisition will put MassRoots on a stable financial footing, with positive cashflows from operations, and will likely enable MassRoots to meet all the listing requirements of both the Nasdaq Capital Market and the NYSE American Market.”
MSRT spiked on the uplisting/acquisition news. But there wasn’t enough volume to keep it going. Take a look at the one-year chart…
MSRT showed it can run for multiple days in January and February. It’s down from the 52-week high of $0.057. But it broke out over multi-week and multi-month highs on June 1. I’ll watch for potential dip buys into any big morning panics. And I’ll watch for more spiking, ideally with volume and a solid news catalyst.
All American Pet Company, Inc. (OTCPK: AAPT)
All American Pet Company is described as a manufacturer of pet wellness products. Like so many recent OTC spikers, it’s designated Dark or Defunct on the OTC Markets website.
In 2016, the company filed this Form 15. In short, Form 15 is how a company tells the SEC it no longer wants to trade publicly. And in 2019, the CEO and former CEO pled guilty to a fraud scheme involving loans to the company.
So why is AAPT on my list of top penny stocks to watch for June? Because it started running in May based on news of new custodianship by SSM Monopoly Corp.
SSM’s mission is to “pursue distressed and delinquent companies and revive them through custodianship petitions in the courts. Our goal is to restore shareholder value through the facilitation of reverse mergers with emerging viable private companies looking to go public via a shell.”
Custodianship news has been spiking OTCs thanks to the September 28 compliance deadline.
Between May 20 and June 1, AAPT was up 523%. It hit a 52-week high of $0.0112 on May 27.
SSM Monopoly announced in this tweet that the custodianship hearing is set for June 2.
Here’s the AAPT one-year chart…
AAPT is worth watching for potential dip buys into any big morning panic. Or for more spikes with news and volume. I won’t try to predict what will happen with the custodianship hearing, but I’ll be ready for any opportunity.
Orbital Energy Group Inc (NASDAQ: OEG)
Orbital Energy Group is an energy infrastructure company operating in the gas, solar, and telecom industries.
On June 1, the company announced its subsidiary, Gibson Technical Services (GTS), won a contract with fiber internet provider TEC.
GTS CEO Mike McCracken said, “The award of this project from such a well-respected telecommunication service provider as TEC confirms GTS’s ability to deliver the highest quality engineering and construction services. I am proud of the entire GTS group for the teamwork demonstrated in securing this project. We look forward to providing the world class service, dependability, engineering, and unique solutions that have become the hallmarks of GTS.”
OEG spiked 60% before the June 1 open on the news. It traded very choppy, but held its gains and closed up 114% on the day.
Check out the OEG one-year chart…
Three-letter tickers aren’t my favorite. But if OEG has a multi-day run, it could set up for a potential dip buy into any big panic. Be careful if you trade this. Shorts are getting squeezed and newbie longs are chasing.
ViaDerma Inc. (OTCPK: VDRM)
ViaDerma is a pharmaceutical company with a topical-based antibiotic called Vitastem. Vitastem uses a “transdermal delivery method to apply almost any active ingredient to a topical drug.”
Since then, VDRM has received a ton of attention on Twitter and in chat rooms. On June 1, it broke out to new multi-week and multi-month highs.
Here’s the VDRM one-year chart…
I last traded VDRM on May 27 for a $408 win.* It’s a potential dip buy into any big morning panic. I’m also watching for more spiking with big volume and, ideally, news. See details of all my VDRM trades here.*
Pennsylvania Real Estate Investment Trust (NYSE: PEI)
Pennsylvania Real Estate Investment Trust is exactly what it says on the label … an REIT. Its focus is retail shopping malls.
There are several real-estate/REIT stocks running to start the month. Also watch…
- Alset EHome International (NASDAQ: AEI)
- Washington Prime Group Inc. (NYSE: WPG)
- Ashford Hospitality Trust Inc. (NYSE: AHT)
On June 1, PEI was already up 19% when former hedge fund manager Will Meade named it along with AHT and WPG in this tweet. The tweet called PEI “A mall REIT that is now one of the cheapest re-opening plays left.” The stock spiked 14% in roughly 20 minutes.
Here’s the PEI one-year chart…
PEI is a higher-priced spiker worth watching for potential dip buys into any big panic. It came close to the 52-week high on June 1 but couldn’t get over the top. Any breakout will set up an even better potential dip buy opportunity.
That’s it for the best penny stocks to watch for June 2021. Here are some tips on choosing stocks for your watchlist. Also, some answers to frequently asked questions…
How to Use This Penny Stocks Watch List
Keep in mind that my strategies involve trading some of the fastest moving, most volatile stocks in the entire market. That said, some of the stocks on this list could be completely out of play by the time you read this. (Yes, even after only one day, stocks sometimes leave my list.)
The point is … don’t use this list as a signal to buy any stock. I don’t put stocks on my watchlist based on fundamentals. It’s not that I don’t look at fundamentals. But I’m not gonna lie to you. (Like so many other ‘top penny stocks to watch’ articles.) I won’t tell you to buy and hold a stock because “the market is undervaluing this stock.”
Frankly, that kind of thinking with penny stocks is … total BS. Most penny stocks fail. Just like most traders — roughly 90% — lose. So use this list — and each of my monthly penny stocks to watch lists — as a tool for learning to create your own watchlist.
Can You Trade Penny Stocks?
If you’re brand new to penny stocks a great place to start is with my FREE penny stock guide.
Once you go through the entire guide, I suggest you read “The Complete Penny Stock Course” written by my student Jamil (I wrote the forward). That book answers so many of the most frequently asked questions that it blows my mind more people haven’t read it.
With the internet and online brokers, you can trade penny stocks from anywhere in the world. As far as the basic requirements, you only need a decent laptop, solid Wi-Fi, and a trading account. But don’t be fooled into thinking you’re gonna succeed if you jump right in.
Because 90%+ of traders lose. So be willing to invest in your education — because if you don’t, the market will make you pay a much higher price
Now for five tips on how to choose the best penny stocks to watch…
5 Tips on How to Choose the Best Penny Stocks to Watch
Tip #1: Look for Big Percent Gainers
My method of choosing which penny stocks to watch always starts here. At the end of every day — and again in premarket — I look for the biggest percent gainers. And that’s what I focus on. I’m not interested in stocks that aren’t on the move.
I use StocksToTrade stock scanning software. With 40+ built-in scans — some created specifically for my strategies — it’s amazing right out of the gate. Yes, you can also create custom scans. (Hint: when you start using the software there’s a bunch of training videos on how to set those up. Take advantage.)
Tip #2: Look for Big Volume
The next thing to look for when choosing the best penny stocks to watch is trading volume. Sometimes a stock makes a big percent gain, but the trading volume is so low it doesn’t make sense to trade it. One of the top penny stocks to watch this month, Rivex Technology, is tough to trade because the volume is so low.
So after I find the big percent gainers, I organize them according to trading volume. Be aware of dollar volume traded, too. If you have a true penny stock trading at 2 cents a share, and it trades one million shares, that’s still only $20K. You have to be meticulous.
Tip #3: Look for a News Catalyst
The next thing I look for when choosing penny stocks to watch is what’s making it move? Is there a press release announcing a new contract? What about positive earnings? In biotech and pharma penny stocks you might see news of test results. Read this post to learn more about catalysts.
(Also read chapter II.7 Understanding Catalysts in “The Complete Penny Stock Course.” If you already have the book … it starts on page 183. If you don’t have it … get it now.)
Tip #4: Look at the Long-Term Chart
When you’re trying to find the best penny stocks to watch, it’s easy to get fooled by one-day or one-time spikers. So look at long-term charts to see if the stock has a history of multi-day runs or has gone supernova in the past.
Which long-term charts? As many as you have time for, really. But at the very least, look at the one-year chart. I like to look back a couple of years depending on the stock and the news. If the stock trades a certain way when the company announces a big contract, I want to know.
Tip #5: Use the Twitter Scanner on StocksToTrade
This might sound a little strange if you’re new to penny stocks. But if you want to understand which penny stocks to watch, one of the best ways is to see what others are watching. Or, more accurately, hyping.
Yes, Twitter has become a vehicle for influence with stock traders. Want to know which penny stocks are being heavily shorted because they’re up 50%? Check out Twitter. Use StocksToTrade because the scanner is built-in. All you have to do is open the Twitter scanner and, voila, you get a running feed of stock tweets. And you can customize the feed if you like.
Frequently Asked Questions About Penny Stocks
I get a lot of questions from students. Thing is, my students already accept that penny stocks provide a massive opportunity. And they’re studying to learn the strategies and rules.
But there are a lot of misconceptions about penny stocks. And I want to address a few of those now…
What Are Penny Stocks?
Penny stocks trade for $5 or less per share. These are the stocks of micro- and nano-cap companies. Many trade on the OTC markets, but you can find many penny stocks on the big exchanges like the NYSE and Nasdaq.
Are Penny Stocks Worth it?
Penny stocks are suitable as trading vehicles but not long-term investments. Most penny stock companies eventually fail.
Are Penny Stocks Dangerous?
All trading involves risk. If you are willing to learn appropriate patterns, rules, and strategies, penny stocks are no more dangerous than other trading instruments.
How to Watch Penny Stocks?
1.) Focus on big percent gainers. 2.) Look for high volume 3.) Search for a news catalyst 4.) Look for a history of spikeability on the long term chart. 5. Use a scanner like StocksToTrade. (StocksToTrade was designed for penny stocks.)
If Most Penny Stock Companies Fail, Why Not Just Short Sell?
Because it’s a very dangerous, overcrowded game right now. The level of risk so many moron newbie short sellers take these days is unconscionable. It’s completely crazy.
Of course, you can be successful as a short-seller. Many of my top students focus on short selling and I’ve personally made millions from short selling. But the number of messages I get almost daily from short-sellers getting caught in short squeezes is … scary.
How Much Money Do I Need to Get Started?
I’m going to say, again, invest in your education first. It doesn’t take a huge amount of money to get started trading. Different brokers have different account minimum requirements. (I use these brokers and avoid offshore brokers altogether.)
But the market will make you pay more if you aren’t prepared. Preparation is key. The stock market is a battlefield, so arm yourself accordingly. Keep in mind that my top students all studied hard over time to get consistently profitable. Tim Grittani — arguably the best penny stock trader in the world — didn’t make anything for nine months.
So before you fund a trading account, fund your knowledge account. If you’re not quite ready for the Trading Challenge, try Pennystocking Silver. It gives you access to more than 6,000 video lessons. (You also get access as a Trading Challenge student, of course.)
Your goal as a trader is to become self-sufficient. And my goal is to be the mentor to you that I never had. So I hope you’ll take this list of the best penny stocks to watch in June 2021 and use it as a learning tool.
👉🏼SUBSCRIBE to my FREE weekly stock watchlist here.
Focus on the process. The best way to learn which penny stocks to watch is to make a daily watchlist yourself. Follow the five tips above. It doesn’t matter if every stock on your list is not perfect. Or doesn’t play out the way you thought. You get better by making your daily watchlist and then seeing what happened during the trading day.
… this list of penny stocks to watch is NOT a recommendation to buy penny stocks. Also, my results are not typical and I’ve developed exceptional skills over two decades of trading.
What do you think of the top penny stocks to watch in my June 2021 watchlist? Comment below, I love to hear from all my readers!
*This level of successful trading is not typical and does not reflect the experience of the majority of individuals using the services and products offered on this website. From January 1, 2020, to December 31, 2020, typical users of the products and services offered by this website reported earning, on average, an estimated $49.91 in profit.
All content on this website is intended for educational and informational purposes only.
The material on this website is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following our strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by us to adjust for those fluctuations may change without notice.
There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments.
You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.