It was a huge day for BKPPF. If you look at the price action it might not seem like much but BKPPF bounced hard off of support with major volume! Ended up going from red to green today. It also appears Market Maker OTCX is short. They were desperately trying to cover their short today and any news could end up setting up a major short squeeze! We are watching for the price to break past .60 for a major break out. Keep a close eye on this company to see if they release any news or updates. Keep in mind they did mention an ICO investment strategy in their Press Release on March 27th found here https://www.blockonecap.com/block-one-capital-inc-intial-coin-offering-ico-investment-strategy-addition-of-crypto-hedge-strategist/ any ICO news would be huge.
This extremely low float stock is building a base and picking up a lot of momentum. Currently, the price is under .02 but the CEO believes the price will go up to .25 a share. It is starting to have steady volume. MMMW is a company that owns patents in billion dollar industries. They have put together a nice presentation of one of their new technologies here at http://www.massmegawatts.com/wordpress/wp-content/uploads/Solar-Power-Presentation.pdf this stock only has 67 million Authorized Shares which is very low for a company in this industry. If word starts getting out and the company gets some major contracts this is a stock that can skyrocket.
HMLA- Homeland Resources
We sold out of HMLA for a loss our stop-loss was triggered. You can’t win every trade. Right now MMMW is looking a lot more promising.
This is a popular stock that is now at the tail end of a market awareness campaign. It closed at its highest day ever today $1.92 this is a stock that was at .0531 in November. This is a stock that may start attracting shorts sellers. If $1.80 doesn’t hold it may be a good time to take a short position on the stock because it could be heading down fast.
Discloser: The Author of this article currently holds a position in MMMW, and LXGTF. Everything written here is just an opinion for entertainment purposes only and is not financial advice. Opinions don’t necessarily reflect the opinions of Awesomepennystocks.com. Penny Stocks are risky, Please do your own research. Please read our full disclaimer here