Dec 16, · Plenty of former penny stocks have clearly demonstrated why a speculative bet on bitcoin stocks is worth it. Marathon Patent Group (MARA Stock Report) has been one of the cryptocurrency mining stocks to watch this year. This week MARA stock reached a new high breaking above $8 for the first time since Penny stocks range in price between and , and we've found the best penny stocks making the biggest moves over the last 5 days. Sorted by 5-day percent change, and with a 5-day average volume greater than the day averge volume, these stocks are showing a consistent pattern in trading volume and price activity over the last week. Dec 08, · First Bitcoin Capital (OTC: BITCF) These stocks can be opportunities for traders who already have an existing strategy to play sub-$5 stocks. Penny stocks can be extremely dangerous for a.
Sub penny bitcoin stocks3 Robinhood Penny Stocks To Buy As Bitcoin Stocks Push Tech Higher
With biotech penny stocks seeing renewed potential due to Covid, Titan Pharmaceuticals continues to look like a penny stock to watch. Vislink Technologies Inc.
Is considered to be a tech company working globally to provide advanced solutions for commutations. The company states that its operations span military and government sectors as well as commercial. Vislink works by offering high quality live video broadcasting services across satellite, fiber optic and wireless platforms. Recently, the company announced its third quarter financials for the year. Carleton Miller, CEO of Vislink Technologies stated that "in the third quarter, we continued to feel the effects of a challenging macro business environment.
The ongoing Covid pandemic limited our growth and softened demand in our key Live Production and MilGov markets, as customers delayed deliveries for new and upgraded equipment. The pandemic also impacted our supply chain, which led to an interruption in receiving components from our suppliers.
Canaan Inc. Moreover, due to covid, people are at home more than ever before, which means that more people are using smart home products to ease everyday life. Because of this, shares of CAN stock have climbed significantly in the past few weeks. As mentioned before, Canaan Inc.
For those who don't know, this means that the company provides cryptocurrency mining products. The company states that it is one of the largest manufacturers of ASIC devices devices used to mine cryptocurrency in the world.
Although its price is not highly correlated to the price of bitcoin, it does have loose ties to the cryptocurrency. With geopolitical tensions rising around the world, many turn to bitcoin as a way to avoid using a centralized currency. In addition, bitcoin mining has continued to increase in popularity over the past few years. With all of this in mind, it looks like Canaan Inc. Marathon Patent Group Inc. On November 19th, the company announced its financial information in a presentation made for investors.
During the presentation, the company also stated that it has partnered with Beowulf and Bitmain, which should help to boost its mining operations. As stated in the above section, interest in bitcoin mining is continuing to increase. With the price of bitcoin moving back up toward all-time highs, companies like MARA could be on the list of penny stocks to watch. In the past few months, we have witnessed many penny stocks surge in value. AgEagle Aerial Systems has been one of these.
The company has benefited from speculation in addition to reaching its own milestones. The company focuses on drone technology. Recently the conversation has involved social distancing and novel means of delivering packages.
Recently, the company announced that it has been selected as an industry partner for the U. CTO Michael Kratsios stated that "the IPP propelled the American drone industry forward, allowing for unprecedented expansions in testing and operations.
What's more is in its recent Q3 update, AgEagle CEO Michael Drozd noted, "We are very pleased with the progress that AgEagle continues to make across each of our focused business segments…Looking ahead, we will remain focused on driving revenue growth through marketing our contract manufacturing and assembly services, along with our innovative drone and agriculture solutions.
Moreover, we will continue to evaluate potential strategic acquisitions that will further complement and strengthen our position as a recognized leader in The Drone Age TM.
Is there a problem with this press release? Contact the source provider Comtex at editorial comtex. Economic Calendar. Retirement Planner. Buy on the Capitulation! S ell on the Celebration! Buy after the Dump! S ell on the Pump! Buy on the Rumor! S ell on the NEWS! Buy on the Fear! S ell on the Cheer! In general, " Buy " them, when they are down , and " Sell " them, when they are up! This strategy applies to "the day trade", "the weeks trade", as well as "the monthly trade".
Always "Buy when the stock is down", and always "Sell when the stock is up". So remember the "old adage" The most popular Fibonacci Retracements are Fibonacci Retracements can be applied after a decline to forecast the length of a counter-trend bounce. Instead, this number stems from Dow Theory's assertion that the Averages often retrace half their prior move. Dilution What is Dilution?
Is it good, or bad? Dilution is when the company moves shares from the AS authorized shares to the OS outstanding shares or tradeable inventory, for cash investments in the company. This means there are more shares at the same market price and reduces the size of the EPS. It doesn't reduce the price or value of the stock. But many pennylanders think it does. Dilution doesn't change price, it changes EPS.
Creating loss in company value, not stock value. So, dilution can't effect their company value in the first place. But, the value of more cash to a startup is huge! Cash gives them the ability to attempt to grow. Without the cash it can't. So logic says, the retail herd should be happy about dilution.
After all, they want the comapny to grow don't they. On the OTC, "dilution" is the best news one can hear! Plus, every time VCs get there hands on large amounts of shares, they buy a run, and we can trade for profits! Funding Remember, "start-up companies" have no business except "selling stock". That's not necessarily a bad decision on the part of the company's management. They just may not have the option to pay in cash. The "venture capitalist" may have no business experience applicable to the industry your company is involved in, and is focused on "the potential rate of return" your company can provide.
The "venture capital" fund makes money by "owning equity-shares" in the companies it invests in. All "you" need to remember, is that with ALL "pull-downs", the "accumulation" starts. This is just the first step! As with all of these, it's early before any play can be expected. A "pop", and possible "double bottom", then a basing of volume to within the OTC volume range for "big guy" plays, then a breakout and play, if anything happens at all.
Just look at your stock, and read some of the old saved posts in the sticky post area. Price pull downs are OTC game stock. They hover higher for months and months, with NO retail interest or volume. Most every stock "pennylanders" like these types of stocks. The accumulation is " bottom feeders " moving in.
Thats how you know the bottom is reached. The volume surges, and the price stops falling. This is when most "VC", "Venture Capital", funding deals start.
So, it normally takes weeks, to a month, or so, before any " Darkside Play " can be expected. Keep an eye on "volume build", as retail interest increases. Remember the big guy volume rule of thumb for starting a " Darkside Play ". This will help in guessing if any pop works, because sometimes a " second " or " third " pop is needed, to get the interest levels high enough, for them to actually act on their " Planned Play ". If it looks like a "run" , its a "run".
SUGO has just given the "first", of several "Attention-Pops" , taking the average daily volume, from under 10 mill, to above 50 mill, the goal of all "Attention-Pops"! To get this run, big guys need to accumulate large amounts of shares at LOW cheap prices. So, when they buy and manipulate, to sell to "retail emotion" shareholders, they make large profits from their funding investments.
Called a "pond", because it starts from a dead still pond surface in price. This means that there is a long period of time with no price movement at all. There are 3-volume surges during this time to signal random accumulation at these low prices. That one action, of 3-volume surges, without price change, is an OTC "tell" or, "signal", that funding may be taking place. You can weekly watch, to see what happens in the future. Breakaway Gaps are usually closed over time. You see them in a multiday "emotion run" , or "walkdown" , where the stock price is trending around, over several months.
The retail mindset returns to logic, and fills the gap with the retrace. The RSI and the Price both go flat. Your stock looks like it's sleeping, or dead! Some charts will resemble the "Pond-Fishing Play". Despondency and Depression describe this situation, as shareholders watch their account value drop to nearly zero! This is "the lowest level" that a stock can get to, in an accumulation phase.
Most everyone hates this stock. Shareholders who are still holding shares, are referred to as "Bagholders". Just as the patient without a pulse, when everyone thinks the patient is dead, shareholders start to believe their shares are dead, and will never move again. Some of these stocks will stay flat for a few weeks, while others will stay flat for months. You don't want to tie your money up for this lengh of time!
The price is pulled down to anywhere from 0. They are just NOT worth trading!! If you are buying shares of SUGO , you are most likely buying them from a " Market Maker " who has a large inventory to unload to buyers. The "shares are illiquid" , and you may not be able to sell your shares, since the Bid is at 0. There is currently a limited market for our common stock, and we can provide no assurance to investors that a market will develop.
If a market for our common stock does not develop, our shareholders may not be able to re-sell the shares of our common stock that they have purchased and they may lose all of their investment in the company". March the Company increased the authorized shares of common stock of the Company from ,, to 2,,, shares.
Then look at what suddenly happened in September, to everyones surprise! All of a sudden this No Bid stock jumped to Bid 0. MrBigz Pincher Video Lesson. ATRN "Pincher",. This is where you'll find the "No-Nonsense approach" to trading, and where you'll find stocks that are ready to be bought, before the move up happens! This forum is not the place for debate. If there is a stock that you have an issue with, then simply don't buy it!
Antagonistic questions and comments that are deemed to incite aggravation, whether on purpose, or not, will not be allowed, and will be deleted. The moderators discretion will rule for being the determining factor. The primary objective of this forum is to "Educate and Alert" Traders , of "Trips" stocks that are ready to buy, and "might" provide a "big percentage return" on your trade, as well as stocks that should be sold, before they experience a "big percentage loss".
How does a stock get to 0. So why would anyone want to buy a Trip-Zero stock? Beware of the Reverse Split There is yet another way your. So how does one maximize their chances with a Trip-Zero?
To pull off a successful trip-zero trade, here are some tips and rules to consider following: Don't go and buy a dormant. You want to find a stock that has interest, or that you know will be getting interest shortly. This could be due to news, a promotion, a stock alert, or plain old hype generated by big players on a message board.
Don't chase a trip-zero very far. Every tick you chase represents a big gain for the guy who is selling you shares, and much less of a potential gain for you, if the stock continues to run at all. If a stock has been based at a.
Depending on how big the hype is and how easily the stock moves, maybe go for. Any higher than that and you're setting yourself up for a guaranteed loss if the hype subsides. Try to buy at the last minute. Trip-zeros almost always follow the same routine. Nobody wants to buy the ask until it starts to fall. You never know how many shares are left on the ask, but when it goes from 8 market makers down to 3, you can probably assume there are a lot less.
You want to be buying those last shares as there is a much greater chance of the stock up-ticking soon after you buy. This is not a secret technique, and you will see that others are waiting to pounce as well. Watch some trip-zero's trade and you will see that as the ask begins to fall, buying volume will pour in like there's no tomorrow.
If you miss it and don't get shares, don't worry about it. Either wait on the bid or simply move on to find the next play. Once your buy order fills, set your sell order immediately. If the stock is moving slow, get in line one tick higher. If it's going fast maybe 2 or 3 ticks. You can always modify your order, but you want to get your order in "the line" as soon as possible. If the stock doesn't seem to be gaining momentum, hopefully there will be enough buying to clear out your shares, even if the asking price doesn't totally clear out.
Getting ahead in the line can make a big difference. Again, if the stock starts getting big buys, you'll likely be able to modify your order to a higher price before your shares sell.
Be ready to pull the trigger to get out even. If you were one of the lucky guys to get shares at the ask right before it up-ticked, you are now in pretty good shape. If you have to you can sell your shares at the bid and get out even minus commission of course.
Trip-zeros will very often sit idle for a while after an uptick because nobody wants to jump up and hit the new asking price right away. It's a big percentage increase, and nobody wants to be the only one to pay it. You will likely see "paint jobs", a few small orders hit the ask. These are used to paint the ticker and chart, and get people motivated to follow along and hit the ask. Most buyers will wait to see some bigger orders come in, or for market makers to fall off the ask, before they'll buy as well.
If the stock sits for some time with little buying and the bid starts getting pounded, you might consider getting out even. You might be selling early, and the stock may very well bounce back and continue, but just know you may be passing up your only chance of getting out without a loss… This is always a tough call and should be made on a case by case basis. Just remember, nobody ever lost money at least much of it by selling even.
If you do find yourself in the fortunate position of holding cheap shares of a trip-zero mega runner, Say you bought at. This locks in profits equal to the original buying capital. The rest of your shares referred to as "free shares" represent pure profit no matter what price you sell them at.
This technique is definitely safe, and sometimes you will have the stock continue to run, increasing your profits. Other times you will be better off selling all of your shares, but it is up to you to determine what the longevity of the play might be.
Just like the last tip, nobody ever went broke taking profits! If you are fortunate to have a win with a trip-zero, and you've sold your shares, don't look back. You've made your money and it's time to move on to the next play.
Traders will often try to trade the same stock again. They think "It was good to me once, maybe one more try.. You may make out twice or three times occasionally, by playing the same stock again, but more often than not y ou will be playing the stock on its downtrend, and you'll lose money. Take your money off the table and go find another one! It doesn't matter what the buy reason is. They disclose un-audited filings, to pinksheets, or, the OTC.
That's why one should not invest long in non- listed companies. They are operating in the lawless wild west. What matters in all OTC stocks , is that their stock price rises and falls. The "Shares Authorized", is not used in any fundamental of financial calculation, to determine company value. The " Number of shareholders listed ", has nothing to do with any form of calculating value. Don't be concerned that the company doesn't create profits.
Don't be concerned with what the company owns on paper, paper doesn't mean a thing. There is no value, when money is changing hands. In a manipulated run, the run is worth more then the company.
Many OTC companies don't have as much cash, as you personally trade in them. The OTC process, is to trade the stock sales, and react to retails belief in the stories. Trading behaviors that typically result in substantial losses. Question: Why should I buy a "Trip" stock? The stock had given numerous opportunities for profits, and dropped back to 0.
All you need to do is "Trade their Plan". It's that simple!! For "Trips" stocks, we are mainly interested in the minute, hourly, and daily cycles. This "basic cycle" should be monitored closely with "Penny stocks". It is wise to study an "hourly and daily chart" for these cycles, because a "Penny stock" can have sharp price movements "intra-day" causing you to lose, or make money, by the minute, or by the hour.
Elliott Wave Theory Elliott Wave Theory interprets market actions in terms of recurrent price structures obedient to the Fibonacci sequence. To trade stocks successfully, you must first understand " The Elliott Waves " that both, individual stocks, and the overall market, go through.
This Stage begins the "dreaded downtrend " , for those that are long this stock. You can lose all of your profits in this Stage! Reaction High 1 marks the end of the left shoulder and the beginning of the head. Reaction High 2 marks the end of the head and the beginning of the right shoulder. SUGO's action is the "attention getting move", before the "real thing".
These two surges, were "signals" that a "plan" was in the works for a "run" at some point in the near future, and an Alert to traders, to Buy the stock! Please read this Boards Disclaimer before proceeding further. It is wise to "take profits when they come to you". Sell, some portion of your stock!!
You'll be glad you did!! Opinions expressed on this board are just that. We are not licensed brokers.