Tag: cannabis stocks

Penny stocks can move fast and be highly volatile. To be successful, you need to make a daily list of stocks to watch and potentially trade. Remember, trading is a battlefield. Be sure to come prepared every single day. RETWEET THIS IF YOU’RE READY FOR THE UPCOMING WEEK! ARE YOU PREPARED FOR BATTLE?!? — Timothy Sykes (@timothysykes) June 14, 2021 Many new traders feel overwhelmed at first. How do you choose stocks for your watchlist? It all starts with looking for big percent gainers. Keep reading for more about how to create your own penny stock watchlist. First… News Moving the Penny Stocks on This List June has been similar to May so far. It’s still slower than the single best market in decades. But with meme plays back in style and OTCs coming back, there are plenty of opportunities. Crypto has cooled off a little. But bitcoin rallied over the weekend after another Elon Musk tweet. The Tesla CEO tweeted “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” Finally, the U.S. stock market is hovering near all-time highs. The Fed’s FOMC meeting is this week. A press conference is scheduled for Wednesday, so watch to see how the market reacts. Read More Read these related posts to learn more… Are Penny Stocks Worth It? Tips to Find the Top Penny Stocks. If you’re dedicated to learning to be a successful trader, this article is for you. The Best Crypto Penny Stocks to Watch Now. While everyone was focused on meme stocks, bitcoin quietly bounced last week. Now, with Elon Musk’s weekend tweet, things could heat up again. Focus on This Indicator When Looking for Stocks! {VIDEO}. I don’t have just one indicator when I trade. But when looking for stocks, I always start in the same place. This MUST-WATCH video explains why. Top Penny Stocks List Weekly Update: June 14, 2021 OTCs are heating up again. As always, we’ll start there. After that, we’ll move on to listed stocks… Top OTC Markets Penny Stocks To Watch Below is my OTC penny stocks list for the week starting June 14, 2021. Be sure to read everything so you understand the thought process that goes into my list. Top Penny Stocks List Weekly Update #1: FBC Holdings Inc (OTCPK: FBCD) FBC Holdings claims to “invest in emerging growth and profitable companies with dynamic cultures and low overhead.” In reality, FBC is another dark or defunct shell company working to regain compliance. On May 21, FBCD spiked on news that SSM Monopoly Corporation was granted custodianship. Since then, the company has been filing quarterly reports to regain current status. The SSM website says the company will provide updates as it prepares to announce the best merger candidate. Here’s the FBCD one-year chart... FBCD hit a 52-week high of 0.0319 on Friday. It’s one of my top watches this week since it was so strong on Friday. It’s getting a ton of hype on Twitter about a possible metal/mining merger. I’m watching FBCD for potential dip buys into any morning panic. But I’m also watching for more spiking, ideally with news and big volume. Top Penny Stocks List Weekly Update #2: Rolls Royce Holdings Plc (OTCPK: RLLCF) This is the same Rolls-Royce we all know for airplane engines and high-end cars. But RLLCF is a type of dividend paid to regular Rolls-Royce shareholders instead of a cash dividend. RLLCF has a terrible long-term chart. But as you can see on the one-year chart below, it traded its biggest volume since February on Friday. It also spiked 60% and largely held its gains. If RLLCF can put together a multiday run, it will create better dip buy opportunities. I last traded it when it spiked in February. See details of my RLLCF trades here.* I’ll watch RLLCF for potential dip buys into any big morning panics. Top Penny Stocks List Weekly Update #3: Goff Corp (OTCPK: GOFF) Goff Corp’s last profile describes it as a precious minerals exploration company. In reality, it’s another dark or defunct shell company trying to get current with OTCMarkets. In July 2020, the company filed this 8-K announcing new custodianship. GOFF spiked in May on news of a potential custodianship play by George Sharp. This kind of news has spiked OTCs recently. On June 9, the stock spiked after screenshots circulated of a Sharp tweet saying he was the new president of Goff. There isn’t an official filing or press release yet. Here’s the GOFF one-year chart… GOFF hit a 52-week high of $0.175 on Friday before pulling back. It closed down 3.23% on the day, but is still up 154% on the month. I’ve traded GOFF a few times since May, including two small wins last week. See details of my GOFF trades here.* I’m watching GOFF for potential dip buys into any big morning panic. Top Listed Penny Stocks to Watch Here are my listed penny stocks to watch for the week of June 14, 2021. These higher-priced spikers are worth watching but don't get sucked into their choppiness. Wait for your favorite patterns. Top Penny Stocks List Weekly Update #4: MediaCo Holding Inc. (NASDAQ: MDIA) MediaCo Holding Inc. is a radio broadcasting company serving the New York City metropolitan area. On June 11, the company introduced a new executive team to lead “strategic realignment and innovation.” The company named Rahsan-Rahsan Lindsay is the new CEO. MediaCo Board Director Laura Lee commented, “Rahsan-Rahsan is a talented and dedicated leader with the right strategic vision, relentless drive, and passion for media required to lead the MediaCo team at this critical time. He forged his career at the intersection of technology and media, and his vast experience and keen perspective will be invaluable in taking the company into the future.” Read the full press release here. Here’s the MDIA one-year chart… The news Friday didn’t move MDIA much on until after-hours when the stock spiked 87%. In premarket trading on June 14, the stock was choppy but still up between 48% and 104% on Friday’s close. I won’t chase or get sucked into choppiness on MDIA. Instead, I’ll watch for potential dip buys into any big morning panics. Top Penny Stocks List Weekly Update #5: Novan Inc. (NASDAQ: NOVN) Novan Inc. is a clinical stage biotech focused on nitric oxide-based therapies. On June 10, Novan reported positive preclinical data for a COVID-19 antiviral therapy. CEO Paula Brown Stafford said “These preclinical data are encouraging and provide the basis that we were looking for to support continuing down the development path for SB019. We are exploring avenues to interact with the FDA to expedite or streamline a development program for a potential intranasal treatment option for COVID-19.” Read the full press release here. On June 11, Novan reported positive results from a Phase 3 trial for a topical antiviral gel used to treat a contagious skin infection called molluscum. “The positive results from B-SIMPLE4 represent a transformational milestone for our employees, investors and most importantly, people living with molluscum. The strong safety and statistically significant efficacy results give us confidence as we move forward in preparing a New Drug Application to potentially bring SB206 to market and to patients in need of an effective therapy.” Read the full press release here. Check out the NOVN one-year chart... Back-to-back positive news spiked NOVN 62% on Friday. It’s still well off the 52-week high of $25.90. But on Friday it traded its highest volume this year. Like MDIA, NOVN is choppy and I won’t chase it. I’m watching for potential dip buys into any big morning panics. How to Create Your Own Penny Stock List © Millionaire Media, LLC 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. Instead, 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. What do you think about this penny stocks list weekly update? Comment below, I love to hear from all my readers! Disclaimers *Tim’s trading results are not typical and do not reflect the experience of the majority of individuals using the service. 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. This figure is taken from tracking user accounts on Profit.ly, a trading community platform. Timothy Sykes has a minority shareholder interest in the platform. The typical success rate of users was based on the following methodology: -From January 1, 2020, to December 31, 2020, 849,078 trades were uploaded to Profit.ly. 633,891 trades were “verified” (corroborated with trade account data). -Instructor trades are ignored. -Average P&L / trades is obtained by calculating total P&L and dividing by the total number of trades. -Average trades per account is obtained by counting the total number of trades and dividing by the number of accounts (mean function) **Tim has a minority ownership stake in StocksToTrade.

Tag: cannabis stocks

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