Category Archives: penny stocks

Penny Stocks to buy based on potential short squeezes

Penny Stocks that will have potential short squeezes

 

The last couple of months we have seen some huge runners that we alerted as trades. MMMW ran 1,500% and OXYS ran over 2000% we have noticed a trend where Market Makers are shorting stocks heavily expecting that they are dealing with just short-term investors. 30 days after their huge volume shorts they are having to cover which is resulting in major short squeezes. This only happens with the stocks that are maintaining higher trading levels and are having more long-term minded investors. So we have put together a list of low float penny stocks and the dates we believe there will be a short squeeze. We track short data using http://regsho.finra.org/regsho-Index.html

 

 

List of penny stocks and estimated short squeeze dates

 

ULGX- UROLOGIX

  • Estimated short squeeze breakouts on or around June 25h, July 15th, July 26th

  • Only 30 million Authorized shares and only 21.8 million outstanding shares

  • Company website urologix.com

  • The company manufactures and distributes minimum invasive medical products which treat Benign Prostatic Hyperplasia also known as enlarged prostate which affects over 30 million men

  • Over 20 years of experience in minimally invasive BPH therapies using state of the art Cooled ThermoTherapy and Prostiva RF therapy.

  • We have placed a price target of .25-.40 over the next 2-3 months with the extremely low float and the potential for multiple short squeezes

OXYS- OXYSURE

  • Estimated short squeeze breakouts on or before June 18th, June 21st

  • 500 million Authorized shares, 36 million outstanding shares,

  • Company website oxysure.com

  • Oxysure Therapeutics considers themselves the leader in emergency short-term duration medical oxygen and respiratory solutions.

  • Have FDA approval for Oxysure model 615 with a long-term goal of being able to sell 500 million units worldwide.

  • Our price target of .15-.30 still stands over the next 3 weeks we believe there is one major short squeeze remaining.

MJNE- MJ Holdings, INC.

  • Estimated short squeeze breakout on or before June 20th

  • 95 million Authorized Shares, 63 million Outstanding Shares, estimated float of 4.1 million shares

  • Company Website http://www.mjholdingsinc.com/

  • Marijuana Holdings Company that services the pot and cannabis industry

  • The Company helps manage a 37-acre marijuana cultivation which has a 200,000 sq. ft greenhouse they also have cannabis production license in the state of Nevada.

  • Our price target is $4.50-6.00 a share over the next 1-2 months

IMTV- Imagination TV

  • Estimated short squeeze breakout on or before June 22nd

  • 4 billion Authorized shares and 2.2 Billion Outstanding shares

  • Company Website http://imaginationtv.co/

  • The company focuses on Live entertainment and Live music events.

  • IMTV recently put on a successful music event at the Taste of Cincinnati festival. The company also plans to put on several more events with world-famous musicians and bands.

  • Our Target price is .005-.01 over the next 2-3 months with several expected catalyst coming up in the near future.

Cach- Cache, INC.

  • Estimated short squeeze breakout on or before July 9th

  • 40 million Authorized Shares and 31 million Outstanding shares

  • Company website http://www.cache.com/

  • The company website has been updated that the company is under new ownership and they are currently taking the next steps to preserving the well-known Cache brand and exploring a new business model.

  • From June 6th to June 12th there were 2,436,704 shares shorted that will need to be covered.

  • We don’t have a target yet for CACH until management updates website and new business direction

VCTL- Rain Maker Systems, Inc.

  • Estimated short squeeze breakouts on or before July 10th, July 25th,

  • 50 million Authorized shares and 42.2 million outstanding shares

  • Company website http://www.viewcentral.com/

  • The company has a focus of Litmos Commerce learning management systems. This allows fortune 500 enterprises to train employees with their cloud-based LMS saving time, money, and energy while also maximizing profit.

  • Several successful enterprises are already using the Litmos Commerce learning management system including HP, Abbott, Ariba, and Synopsys. There is huge opportunity to grow.

  • We put a target on VCTL at .15-.25 over the next 5-6 months

 

 


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Penny Stocks to buy in June

Top 3 penny stocks to watch for the Month of June

1. OXYS- Oxysure Therapeutics– This super low float stock is alive from the dead! This reminds us of MMMW which we had on our watchlist and it went up 2,000% ! Some people believe OXYS could hit .25 to even $1 a share. It is a rare find in the OTC where it has a super tiny Float and has a website and already has some medical devices that have FDA approval. One or two large contracts could send this gem soaring! This stock is currently trading around .10

2. BKPPF- Block One Capital– This stock was on our list last month. We believe it is due for a breakout. It is currently trading in the .35-.40 range

3.MJNE  MJ Holding, Inc. -According to OTCMarkets.com this marijuana stock has a float of only 668,398 shares which is almost unheard of for a marijuana stock. Looking through some of the SEC filings the company has had some huge revenue years as well. 61.4 million of the 62.6 million O/S is restricted which is usually a really good sign. We are very bullish on this stock right now we own thousands of shares and plan on buying more. They also just launched a new website www.mjholdingsinc.com which looks really good. We also noticed that one of the people that found POTN under .04 before it ran to .95 just mentioned it on Twitter as an under the radar stock with huge potential. Right now MJNE has very little volume if the volume picks up this stock could move up very fast. We try to put marijuana stocks on our watchlist that are under the radar and have not had huge runs yet. This is a high risk and high potential reward stock. Make sure you do your own research.

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Penny Stock Gambler

Penny Stocks Gambler

The Kenny Rogers song “The Gambler” is extremely accurate when it comes to penny stocks and the OTC market.  If you are going to learn to play the game you better learn to play it right.

Almost all of the Otc market and penny stocks move on hype. Market awareness and promotion influence whether these stocks move up or down. If you look at the five year chartsmost penny stocks they have moved down big time. Penny Stocks are like playing slot machines some win big but if you stay at the machine too long you will lose all of your money.

We are all going to get rich!

Penny Stocks hold a lot of the same psychology as Ponzi Schemes as well as multi-level marketing. You will see a bunch of people spreading the word and pumping stocks that they own shares of trying to influence others to buy. The companies are almost always overpriced and most of the people pumping the stocks are simply regurgitating information that was pumped and passed on to them. This creates a rippling effect especially if the stock has forward momentum.

Shun the Unbeliever!

Penny Stock pumps fulfill some basic humans psychological needs. Ordinary people get to feel important and part of a group. Most people end up losing sight of why they first got involved in penny stocks, which was to make money. They trade that goal in, for a sense of community and team. People convince themselves that they actually believe in these junk companies. They tell their friends and family about them too. These beliefs are solidified when someone oppose them. Opposition is quickly labeled Bashing or Shorting. Almost all belief structures are strengthen when there is a perceived bad guy or enemy.  Religious people have the devil, Americans have Isis, and Penny Stock Believers have Shorters and Bashers.

There will be winners and losers in every stock

In every stock there will be winners and losers. There are two type of winners, Those who got lucky, and those that have learned from their losses and mistakes. If you are new to stocks and you have been making money consider yourself to be lucky. Too many times new investors will get lucky and develop a huge ego. They will think they developed some secret system for picking the correct penny stocks. Their luck is almost always short lived. They will get crushed in the market. My first year investing in the OTC market I turned 9k into 180k in 4 months. Then I received a huge blessing in disguise. I invested in a stock and let my ego get the best of me and lost 100k in three months.  At the time this sucked but it was a great learning lesson. It is important to have the mindset that every time you lose on a stock that you can learn from it. Failures make up the build blocks to success.

Every Penny Stock is a scam

One of the best tips I can give beginners is to look at every penny stock as a scam. Put yourself in the shoes of the scammer. If you had tons of shares to sell how would you keep people excited? If you had an unlimited number of shares and the only way to make money was to keep people buying; What stories would you tell? What chart patterns would you intentionally setup? What news would you sell on? How would you get people excited? If you look at penny stocks this way you will start to see that they become a lot more predictable.

K.I.S.S.

In closing I want to leave you with some very simple tips.

  • You won’t go broke taking profits
  • Focus on making money and let others foolishly believe in these companies
  • Buy Low and Sell High
  • Cut losses early if a trade is not going your way
  • Be patient when choosing where to enter a stock and don’t chase
  • Avoid trading on emotion while understanding the emotions of others
  • Don’t get too greedy
  • Learn to read Level 2 and SEC filings or you will lose money

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Penny Stock Watchlist update for March 26th

Here is our Penny Stocks watchlist update for March 26th, 2018

These are our top 5 penny stocks to watch in order.

 

  1. BKPPF– Block Capital One Inc.

    BKPPF chart is setting up just according to plan. On our BKPPF page we discussed how we believe a cup and handle pattern is starting to develop.



As you can see by the chart above BKPPF stock is currently looking like a possible trend reversal. It is putting in higher lows. If we see a breakout of the top of the uptrend(marked by the black line) BKPPF could head North very fast.  If a cup and handle chart pattern gets confirmed it wouldn’t surprise us to see a new 52 week high above $1.16 a share.  We are continuing to watch a reversal to be confirmed. When it does things could get exciting very quickly. An official announcement of their ICO launching could be the news needed to start a breakout.

2. LXGTF– Lexington Biosciences Inc.

We have been watching this stock awhile as a long-term 6 month Swing trade. Right now it is about to enter in that 6-month territory. We want to see it break resistance at .42 the levels of support we are watching are .32 and .34. We are waiting patiently to see if any FDA approval news comes.

3. MJNE– Mj holdings Inc.

This is a low float marijuana stock that we have on our radar. It has been trading sideways for a couple months. We are watching a close above $2 a share.

4.MMMW– Mass Megawatts Windpower Inc.

This is a very low float sub-penny stock. It only has 67 million authorized shares. It has a market cap of only around 500k. They have technology that they claim can produce electricity at 25% cheaper than other renewable power equipment. With a future of smart cars and blockchain technology taking up huge amounts of bandwidth and electricity if MMMW can live up to their claims they could be worth billions. Hypothetically speaking if the company ended up being worth 1 billion dollars down the road and you bought $1,000 worth of shares at .01 that $1,000 would end up being worth 1.5 million dollars. Now again they are still a penny stock so they will have to back up their claims. It will be interesting to watch. This is a High-risk High reward type play.

5. HMLA– Homeland Resources LTD.

This is a stock that may end up turning into a cult stock. This is a ticker that was dead since 2014 but filed and was accepted for reinstatement on 7/31/2017 with the Nevada Security of the State. It is believed they are making the transition to a marijuana company and may do a reverse merger. It has 250 million authorized shares. There has been a group on Social media pumping it. The group pumped a similar stock last year ELED from .0008 to .05. If this stock becomes a stock with a similar cult following it could move up very quickly because of its low float. This is a High-risk High reward type play.

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Penny Stock pump and Dumps

Pump and Dumps

I am sure you have heard the term pump and dump before. It is a term passed around a lot when it comes to penny stocks or any type of OTC stocks. People refer to pump and dumps as a stock that goes up very high very quickly and then comes back down fast and rapid as well.
It is no secret that market awareness and promotions seem to have a huge impact on stocks that are penny stocks. Excitement and human emotion seem to be a driving factor in the market.
We do not like the term pump and dump. The truth is a lot of real companies get attention and enthusiasm and the stock price takes goes up quick forming a parabolic curve.  A lot of very popular penny stocks follow a chart pattern similar to the generic bubble chart you see circulating around the internet.
Our goal has always been to find stocks in the awareness phase and take profit when the stock starts entering the greed phase.

There are three types of People when it comes to Parabolic Super Hyped Penny Stocks.

  1. The Believer- This is a person that is dead set on getting rich on a certain stock. They buy into all the hype and they don’t plan on selling the stock until they make millions and can afford their Lambo. The Believer brainwashes themselves to never question anything. They will spend hours each day talking about the stock and arguing on social media and on IHUB. They will use terms like “lock up your shares” or call people “bashers”.  There are paid promoters also pretending to be believers.  Believers always talk about “DD” and “knowing what you own”. The believers at certain points can be up huge on a stock but their greed never allows them to take profits. They will end up holding until a stock falls below their initial investment. They will then buy when the stocks continue to fall and average down. They don’t have any rules when it comes to taking profit or cutting losses. They usually end up losing most of their money. In the end, the believer never learns. They blame “bashers” or “shorters”.  I would estimate that 80-90% of penny stock traders fall into this category.
  2. The Complainer- This is the type of person that will spend a lot of their time complaining about penny stocks. They will spend time calling them scams. In most cases, The Complainer is someone who was once a believer but lost all their money or is still a believer in another stock and is jealous that another stock is going up while their stock is going down. The Complainer gets labeled by  The believer as a “paid basher” or a shorter. There are different types of complainers. There are those that are just bitter angry souls with too much time on their hands, there are those that are trying to save people from losing their money, and there are those who know a stock is about to crash and warn people to help those people save money while at the same time building a following. In most cases, the Complainer may know what he is talking about when it comes to penny stocks but their timing is off.  Despite usually being more knowledgeable and experienced than The Believer, The Complainer misses out on a lot of money through wasting time complaining and sitting on their hands and never actually trading these stocks.
  3. The Pro- This is an experienced trader that looks at penny stocks as an opportunity to make money by buying low and selling high. The Pro is someone who has put in the time learning chart patterns, reading SEC filings, and understanding market awareness campaigns. The Pro won’t always be right but they win more than they lose. The Pro doesn’t need to believe in a company but has the ability to recognize the believers and hype. The Pro recognizes when a company is being promoted or spending money on market awareness. The Pro is able to buy when a stock is in awarenesses phase and sell when they see people getting too greedy. The Pro didn’t become the trader they are overnight. They were also at one time “The Believer” as well as  “The Complainer” before they became The Pro. The key is they never gave up and never stop learning. Less than 5% of people trading penny stocks are in this category.

Ironically there is money to be made on almost every penny stock as well as every “pump and dump”.  At the end of the day, what separates the winners from the losers is timing.

We have a free basic training to help you get started. You can access that by going here

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Top penny stocks to watch in March

Top Penny stocks to watch in March 2018

by Sumedha Rewar

Here are some of the top penny stocks to watch in March. If you are looking to buy penny stocks make sure you take the time to do your research on the company. Penny stocks are risky. Sometimes they lack the volume or liquidity to invest large sums of money in them. They have the ability to go up huge or go down fast.

Top Blockchain Stock: BKPPF Block One Capital

This potential juggernaut has been busy!

  • They have acquired 40% Finzat Block LLC.  a Mortage blockchain company which will help streamline and digitize the United States Mortage market.
  • They have acquired 90% of TG12 Ventures a cryptocurrency mining operation which expects to have 1,000 miners operational by the end of this month
  • They have acquired 40% of OMAAT LTD. dba CUIPO a company that helps with conservation efforts and Rainforest Preservation.

Top marijuana stock: MJNE- Mj Holdings Inc.

MJ holdings is a marijuana penny stock that has been flying under the radar. It has a tiny float of under 700 million shares according to OTCmarkets.com It also has the majority of the outstanding shares restricted and owned by insiders. MJNE was up as high as $8.50 a share in 2018. They just launched a new website. Right now the stock doesn’t have a lot of volume. If volume picks up first resistance is at $3 on the chart.  One of the most popular and most followed cannabis stock investors has given MJNE a price target of over $10 a share.

MJNE marijuana-stock

Top Biotech Stock: LXGTF-LEXINGTON BIOSCIENCES

Lexington Biosciences is in the process of getting FDA approval on their revolutionary personalized cardiovascular health monitoring device the HeartSentry.  Experts predict that in the next two years the personalized home blood pressure monitoring instruments market will exceed 2.6 Billion dollars. Right now in the United States 1 out of every 3 deaths are caused by heart disease and stroke. This company provides the unique opportunity to help save lives while making money.

grxxf

 

*Editor’s Note: The author of this article has no position in any of the stocks mentioned nor in any competitor stocks. The opinions expressed are solely her own and do not necessarily represent the opinions of Awesome Penny Stocks.

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Cult penny stocks

Are you in a cult penny stock?

 

All cult stocks end bad. It is human nature to want to feel apart of something. Having a group together dreaming and networking can make ordinary people’s day to day lives feel more meaningful. You work together, have common goals and you have the same enemy MMs, shorters, and bashers. This herd mentality is very addictive. When you get a large group of naive excited people together ignorance is spread. They attack logic and declare it negative or bashing. Sometimes it can be difficult to release if you’re in a cult stock or not. One of the easiest ways to find out is to take a look at the other people in the group. Are these people wall street experts? Are these hedge fund managers? Or are these people average to low-income people who have huge dreams but little knowledge when it comes to the stock market and especially the OTC? I will give you a hint an average naive person probably has less of a chance of finding the next stock going to Nasdaq than someone who is an expert in the stock market. Unfortunately, life is not fair. Plenty of good naive people lose their asses in the stock market every year. You will see an average person up 1000% on a stock that got lucky and end up losing on that stock because they are greedy and never take profits and keep buying the dips. There is only one thing that will allow you to make money long term in penny stocks. That is by taking profits and not believing the hype. Sure you will miss out on some huge runners but you will also survive major dumps. Live by these rules. Cut loss quickly and remember you never go broke taking profits. Remember penny stocks are penny stocks for a reason. They very rarely go up long term. This is why you want to make sure you take profit along the way.

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Choosing a Broker : Penny Stock Newsletter

 


If you’re interested in penny stock investing, setting up a brokers account is essential. Your broker will be the one who will carry out your trading decisions by doing the actual job of filing the paperwork and executing your trades. Signing up with a brokerage also allows you to trade on margin, meaning that you can invest an amount much larger than what is in your account. This substantially increases your potential profits but also heightens your exposure if your trade goes bad. Finding the right broker can be essential to your success as a penny stock investor.


When choosing a brokerage with which to set up a penny stock brokers account, your first decision will be if you want to go with a discount broker or a full-service broker.  A discount broker will only implement your trades but in general will not provide you with any other services, such as giving you investment advice.  A full-service broker, on the other hand, will not only carry out your trades but also monitor your investment portfolio and provide regular reports on its performance as well as giving you investment ideas. Unless you are already an experienced investor, it is recommended that you go with a full-service broker, even if you have to pay them a higher commission.


A second consideration in selecting a brokerage is the commissions and other charges they levy on their clients. Even among brokers offering comparative services, there may be a wide disparity in commissions as they compete for clients. You should also be wary of brokerage firms that allow you to open an account with a low opening balance but charge maintenance fees if the account falls below a certain amount; even if the fees seem low, they may accumulate over the course of your trading and ultimately eat up your returns.


Finally, you should consider setting up a penny stock brokers account with a brokerage that offers you a variety of research and trading tools to help you make your trades. These could include access to automated trading software that would allow you to trade automatically, as well as to historical stock price data so that you can detect trends that may help you find a winning trade.


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Penny Stocks for Dummies

Penny Stocks for Dummies

 

Dummies is a very harsh word to use so how about we change the title from Penny Stocks For Dummies to The Newbie’s Guide To Penny Stocks.  Regardless of what we call it if you are new to stock investing in general or just new to investing in penny stocks there are a few precautions you need to take….make that a few precautions you MUST take, so let’s get started.

A very basic rule of all investing is to never, never, never invest any money that you cannot afford to lose.  Sounds a lot like gambling, doesn’t it? Well in a manner of speaking, penny stock investing is gambling.  After all, you are probably very interested in this type of investing because of a few get rich quick stories you may have heard. Have you also heard the opposite stories?  You know, the stories where somebody loses their shirt and possibly their rent money because of a hot stock tip they picked up at work.

The next rule you need to learn about with penny stocks for dummies is due diligence. You must get your hands dirty and learn about the company whose stock you are contemplating for purchase.  This can be as big or small a deal as you make it.  With traditional stock investing there are two main theories of study.  You can study the fundamentals of a company or the technical’s of that company or both.  There are volumes on both theories.  The problem is that with penny stocks, you rarely find any such data for examination.  Close scrutiny of what is going on at the penny stock firm becomes next to impossible.  In this case, you have to have a little common sense and whatever else you can find out on the internet with regard to the dealings of the aforementioned company.  You must seek out the answers to the most basic of all investing questions:

  • What does the company manufacture?
  • What service do they provide?
  • Who are the principals and what experience do they have?
  • How many shares trade on any given day?
  • How old is the company?
  • Who is their competition?
  • Why is this company poised for growth?
  • Does common sense tell you that this product or service is here to stay or in a growing field that people will continue to seek out?

Next, on the table of contents for penny stocks,  Dummies is allocation. How much should you invest in this company now that your homework has passed your filter process and it is o.k. to invest in this firm.  The answer is pretty straight forward.  A prudent person would not invest more than ten percent in any single area of their portfolio. So for instance, if your entire portfolio was made up of  50% stocks, 25% bonds, 10% C.D.’s, and 15% cash, the ten percent we are referring to comes out of the 50% allocated to stocks.  Ten percent of 50% is 5%, so your answer is 5% of your total portfolio could be allocated to penny stocks.  Now, mind you that does not mean 5% on any one penny stock but 5% on ALL your penny stock activity.  To say it differently, it might come out to 1% on five different penny stocks for a total of 5%. Is that clear?

The final chapter on Penny Stocks For Dummies deals with information.  You need to have a constant source of information helping you wade through the nonsense you might come across when investing in penny stocks.  This can be as simple as a penny stock newsletter or subscription.  These types of services derive their income from subscription fees and advertisements.  As such, they can be unbiased with their content which is exactly what you need.  The last thing you want to do is invest your hard earned money on a hot tip from the pizza delivery guy!

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Penny Stock Recommendations

Penny Stock Recommendations

Everywhere you look there are places saying they have the best penny stock recommendations but the truth is there is no best penny stock recommendations and like all of them they are just recommendations. Before you can even consider using a recommendation you still have to research the stock pick and do your due diligence on the pick to see if it is actually worth investing into or not.

There are many free services you can use to do your due diligence research on the penny stocks you are interested in investing into. To find penny stocks that you could invest into you will want to use a stock screener and check OTC bulletin boards as well as pink sheets to find many possible investment stocks. Then once you get the name or stock ticker you can look them up on data sites like yahoo finance, google finance, thestreet.com or fool.com they offer tons of free data like current and past trade prices, financial data and much more.

When you are looking at the volume of a stock you will want to find one that has millions of shares traded daily with small current market values. You will definitely want to look at the companies financial data and look at cash flow, assets, and even debt if they have any. Net profit margins are also a good thing to look at so make sure that they are actually making a profit, how ever small it may be if it’s very low it could mean that the company could start losing money in the near future.

When looking at the historical market value charts you will want to see if the value has gone up more than usual recently as if it has then it is most likely to go down soon and it would be better to wait for it to go down before investing into it. With all stock investing you want to buy low and sell high to make maximum investing profits.

Finally, before investing into penny stocks you will want to invest in multiple stocks to keep an investment portfolio. If you keep all your investments in one basket you could risk losing all of your investment but if you have it split between multiple stocks if one stock goes down you could still be making profits with another stock that has gone up. If you stick to the key penny stock advice and penny stock recommendations listed here you will have the tools to understanding penny stocks to become a great penny stock investor.

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