Biotech Penny Stocks to Watch: Key Takeaways \tStock #2 is my top biotech watch this week and it\u2019s on multiple millionaire traders\u2019 radars... \tA huge catalyst for stock #3 could come out this week! \tIf you like listed stocks and multiday breakouts, don\u2019t miss stock #1... SUBSCRIBE to my NO-COST weekly stock watchlist here This week\u2019s biotech watchlist has something for everyone \u2014 OTCs, listed stocks, a potential technical breakout, and an upcoming catalyst. Plus, stock #2 has the attention of multiple millionaire traders. Several alerted their positions last week. Read on for where to find these millionaires and get their next hot alert... \tKaryopharm Therapeutics Inc. (NASDAQ: KPTI \u2026 read my analysis here.) \tRegen BioPharma, Inc. (OTCPK: RGBP \u2026 read my analysis here.) \tInnovation Pharmaceuticals Inc. (OTCQB: IPIX \u2026 read my analysis here.) https:\/\/twitter.com\/timothysykes\/status\/1456689542803640321 What Are Biotech Penny Stocks? Biotech penny stocks are stocks of small, developmental companies. These companies are usually desperate for cash. They need it to continue developing products and for testing and trials. Trade them with caution... They\u2019re known to be extremely volatile. One minute they\u2019re flying high on positive news \u2014 the next they\u2019re down due to bad trial results, side effects, or stock dilution. That\u2019s why I ride the hype but never believe it. Penny stocks are some of the sketchiest stocks in the market. But I know how this niche works. I\u2019ve been trading penny stocks for 20+ years... I started trading in high school. By the time I graduated college I had grown my small account from $12,415 to roughly $2 million. Read all about it in my best-selling no-cost book, \u201cAn American Hedge Fund.\u201d I\u2019ve now made over $7.2 million in profits. And I teach students how to trade with a small account in my Trading Challenge. I have 20+ millionaire students. Find out if you\u2019ve got what it takes to be next... **Apply for the Trading Challenge Today** Students get access to all my top trading education resources \u2014 including daily watchlists. But successful traders learn how to build their own. So study up and learn the reasons behind my stock picks... Top Biotech Penny Stocks to Watch This is a watchlist only. There\u2019s no guarantee these stocks will offer a trading opportunity. Keep them on your watchlist, but only trade when you see YOUR best setup. When there are no truly great trades, use your time to study. \tNew to penny stocks? Start with my FREE online guide here. \tLearn how to build your own stock watchlist here.\u00a0 \tBrush up on your pattern knowledge here.\u00a0 Now, let\u2019s get to the top biotech penny stocks to watch this week. https:\/\/twitter.com\/timothysykes\/status\/1457141871071875076 Biotech Penny Stocks #1: Karyopharm Therapeutics Inc. (NASDAQ: KPTI) KPTI develops a variety of cancer treatments. It\u2019s not a penny stock, but it\u2019s on my watchlist anyway. It\u2019s proof of how high some of these speculative runners can go. Key points about KPTI\u2026 \tKPTI went from $6\u2013$8 after reporting earnings on November 3. \tOn November 4, the company announced Phase 2 trial data for its bone marrow cancer treatment was selected for a presentation at an upcoming exposition. \tThe daily chart is set up for a potential multiday breakout over $8.60. I\u2019ll watch KPTI for a dip buy into a big morning panic. I\u2019ll also watch for a breakout over $8.60, ideally with a catalyst and big volume. But these higher-priced spikers aren\u2019t ideal for me \u2014 they can move FAST. If I do take a trade, it\u2019d be with a small position only. Biotech Penny Stocks #2: Regen BioPharma, Inc. (OTCPK: RGBP) RGBP develops regenerative stem cell medicines and applications. Key points about RGBP\u2026 \tOn November 4 the company filed an 8-K noting a patent grant for its cancer treatment. \tIt also filed this 8-K disclosing it paid debts by issuing shares on the same day. \tOn November 5, my millionaire students Mari, Jack Kellogg, and Kyle Williams all alerted they were holding it over the weekend in StocksToTrade\u2019s Breakouts and Breakdowns chat room. On Monday, RGBP gapped up and spiked higher. But the intraday breakout failed in the afternoon, and it faded. It\u2019s my top watch for a dip buy into any big morning panic. Biotech Penny Stocks #3: Innovation Pharmaceuticals Inc. (OTCQB: IPIX) IPIX develops inflammatory disease treatments. Key points about IPIX\u2026 \tOn November 3 the company announced it will release results from its COVID-19 treatment Phase 2 trial the week of November 8. \tThe stock\u2019s a recent multiday runner that had its first red day on November 5. IPIX is a speculative watch for a reaction to the Phase 2 trial result announcement. I\u2019d like to see more volume come in before planning a trade. Get the List of Penny Stocks I'm Watching Delivered to Your Inbox Want to know the top stocks I\u2019m watching each week? Subscribe to my no-cost watchlist. I\u2019ll send my top penny stocks to watch right to your inbox every week. It can help you learn the process I follow for every stock. I\u2019ll say it again \u2026 The stocks on my watchlist aren\u2019t an automatic buy. Remember to do your own due diligence and research. If you\u2019re trading without a trading plan, you\u2019re gambling. Don\u2019t be a degenerate gambler \u2014 trade smart! \ud83d\udc49\ud83c\udffc SUBSCRIBE to my no-cost weekly stock watchlist here. How do I find the hottest stocks to trade? I use StocksToTrade every day. It has awesome charts, built-in scans, social media feeds, and so much more to help you do your research. And its Breaking News Chat feature is a game-changer \u2014 it helped me make over $1 million in trading profits in 2021. I seriously think every trader should have this tool working for them. Try a StockToTrade 14-day trial for only $7. Or grab it with the Breaking News Chat for only $17! Biotech Penny Stocks: The Bottom Line Biotech penny stocks are some of the sketchiest stocks in the market. They can have huge price swings on positive or negative news. But if you\u2019re prepared to take advantage of the volatility, these stocks can offer great trading opportunities... I teach students how to take advantage of volatile penny stock moves in my Trading Challenge. It\u2019s where all my millionaire students refined their strategies. Students get access to all my top trading education resources \u2014 my DVDs, thousands of video lessons, and weekly live trading and Q&A webinars. But I don\u2019t accept everyone. I only want the most dedicated students. Are you ready for the Challenge? Apply today. What are your top biotech penny stocks to watch? Let me know in the comments \u2026 I love to hear from you!