I don’t trade penny stocks under $1 because I think they’re the next Apple. I trade them because they move.
These are high-risk, high-volatility setups — most will go to zero. But if you know what to look for, a well-timed trade can turn a small account into a growing one.
Here are three sub-$1 stocks I’m watching this month — not because they’re safe, but because they’re in play.
If you want to know what else I’m looking for — check out my free webinar here!
Bit Origin Ltd. (NASDAQ: BTOG)
Setup: Crypto hype meets Nasdaq compliance bounce
Why it matters: This is a classic “problem turned potential” setup. BTOG just regained compliance with Nasdaq’s minimum equity requirement after nearly six months of delisting risk. The market liked the news — the stock exploded 58% in premarket on July 11 and traded over 50 million shares that day.
Read more: Top 6 Crytocurrency Stocks to Watch
Earnings are expected soon, and volatility is already off the charts. Price swung from $0.19 to $0.37 in a single day. I’m not buying the company — I’m watching the chart for panic dips and intraday breakouts.
Plan: I’ll be watching this one for morning dip buys or late-day spikes if volume holds. Big moves happen fast here — don’t chase.
Argo Blockchain PLC (NASDAQ: ARBK)
Setup: Oversold crypto miner + institutional exit = squeeze risk
Why it matters: ARBK surged 20% to $0.33 after J.P. Morgan disclosed it trimmed its stake — and traders bought the news. That’s not a bullish fundamental story, but it shows how sentiment alone can drive this kind of penny stock.
The sentiment is there — and it’s making crypto penny stocks go nuts.
Crypto remains volatile, and with Bitcoin hovering near key levels, miners like ARBK can become fast-moving sympathy plays. The stock is 80% off its highs and still has short squeeze potential.
Plan: No news? No trade. If crypto rallies or this one hits scanners again, I’ll be ready. Watch $0.35 as a potential resistance zone — but don’t force it.
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Tilray Brands Inc. (NASDAQ: TLRY)
Setup: Cannabis rescheduling rumors + deep oversold bounce
Why it matters: TLRY ripped 17% after news broke that cannabis could be reclassified as a Schedule III drug under U.S. federal law. That’s the kind of political catalyst this sector lives and dies by — and it gave traders a reason to jump back into a stock that’s down nearly 99% from its highs.
Tilray’s been a falling knife for years, but the potential for short-term spikes is still there. It’s one of the best-known cannabis stocks. The float is massive, but so is the short interest — nearly 20%.
Plan: I’ll be watching for continuation this week. If the cannabis narrative heats up, TLRY could see another squeeze. Use small size, tight risk. This isn’t a hold — it’s a trade.
Final Thoughts
These stocks are cheap for a reason. I’m not investing in them — I’m trading their volatility. Stick to your setups. React to the price action. And cut losses quickly.
These supernovas happen faster than most traders realize. If you aren’t prepared, you miss the move. If you chase, you almost never come out ahead.
We see multiple supernovas every month. Study the chart. Learn the catalyst. And get your mind locked in for the next explosive move.
I have a full tutorial on how to trade these intense runners. Watch my video below:
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