JD Hancock via Flickr. Stocks trading on the pink sheets and the OTCBB usually have low trading volumes, which increases the risk of the investment. Often, penny stocks have no SEC compliance and regulation to worry about. You see, lasers are now becoming the tools of choice when it comes to a number of sectors.
The stock is still trading strong well into February of If the stocks volume stays strong this tock could continue its move upwards. Breakouts over multi-month resistance is a key indicator that we follow. This could be one of the top penny stocks to watch in if this trend continues.
They retained a securities lawyer in late January which could mean the company is ready to start making some moves. Sideways consolidation with increasing volume is another key indicator we look for. If the cryptocurrency trend stays hot this stock could get a lot of attention in Another sideways consolidation breakout play that worked really well.
The company announced the release of its cryptocurrency called MobiCoin in late January This is another stock that could do very well in if the cryptocurrency crazy stays alive. The stock went on a major run later in the month.
They recently announced the acquisition of a loan processor platform to test their loan funder software. This could be a huge milestone for them as alternative financial instruments will be a big industry for and beyond.
This is another cryptocurrency stock that will continue to be popular as long as people are still investing in cryptocurrencies. This play was alerted to our members by one of our top Spotlight Traders in the chat room SlyStock.
The stock has held gains well since it went on the 1. Typically stocks that rise this fast fall just as quickly. However, FVRD is one of the best penny stocks because it is actually supported by revenue. Swing trade style Spotlight Stock. Now that the stock has pulled back and regrouped we may see it start to trend higher during the first half of This stock was alerted in chat by multiple Spotlight Traders and also added to our Daily Watch list.
Chat room alert for stock that was breaking out of sideways consolidation. Our Spotlight Traders are excellent at finding breakout patterns and posting them in chat.
CWIR recently started making a second move higher. The second move higher is typically not as big as the first, but the first half of could see this stock attempt to re-challenge its former highs. Before we break down solid penny stocks to watch, we want to offer a quick disclaimer. You can make a lot of money investing in penny stocks. You can also lose a lot of cash on the pink sheets.
While you take a lot of risks, you have the potential for enormous returns. And why are there so many risks involved with penny stocks? Most agree there are three reasons penny stocks are risky. Often, these companies are significantly overleveraged and on the verge of bankruptcy. Bankruptcy leads us to our third penny stock risk — scammers.
Many penny stock scammers make big bucks by luring investors into a nearly worthless stock before taking their money. You must be aware of the scams surrounding the pink sheets. Here are a few common ones:. Penny stocks are an extremely high-risk investment, and most investors consider them to be incredibly speculative. Most companies that find themselves trading on the pink sheets suffer from small capitalization, a lack of liquidity, large bid-ask spreads and limited disclosure.
In response to the steep drop in oil prices, the company has taken steps to reduce costs. Click here to jump to comments…. PMCB is on their way to explode. Their cell-in-a-box technology is about to break open the biotech industry. Look for their stock to jump radically in the next month. I looked at that stock and all I see is it has gone down. What makes you think it will be going up?
I want to buy if you know something…. Another top penny stock to watch in is in the bullish solar industry of the market. A sub penny stock that has just tapped into the global solar market opportunity in Mexico. Mexico is ranked 14th in the world in Gross Domestic Product.
When most people think of solar energy and power most are unfamiliar with the rapidly expanding industry potentially looking to replace gas and other fiber fuels to produce a cleaner world. Golden age resources GDAR, a hot solar stock to watch for is looking to add a helping hand within the fast growing industry with testing facilities currently up and running in Mexico. This sub penny stock to buy GDAR is looking dedicate their efforts to impacting the solar power and energy industry and in return potentially causing a rise in solar stocks overall.
EVSV is a triple stock play that is in the growing commercial and residential supplies industry specializing in lawn maintenance and pest control. The lower price the stock is the more volatile that makes the stock which means it's prices ability to move up drastically off light volume. This is going to be a very solid year. Has already gone from. This is a prime example of someone attempting to spread false information about a failing organization to make a quick buck in penny stocks.
I'll put my reputation on this one. A new solar sub penny stock to watch is Golden Age Resources Inc. GDAR has developed a strategy to start deploying solar in Mexico. Iam all geared towards buying into the top ten penny stocks in as a trial in trading this year. I think you need to consider more short term plays as well when you talk penny stocks.
Most of the time they aren't long term plays but when they hit they could bit BIG. I bought Cloud Peak Energy Inc. Required Needs to be a valid email. Jennifer March 21, I looked at that stock and all I see is it has gone down. Rodrick Reynolds March 19, Another top penny stock to watch in is in the bullish solar industry of the market.
Matt Phillips March 23, When most people think of solar energy and power most are unfamiliar with the rapidly expanding industry potentially looking to replace gas and other fiber fuels to produce a cleaner world. Frank Welberd April 25, This is a prime example of someone attempting to spread false information about a failing organization to make a quick buck in penny stocks.
Clemence Kanau April 22, Iam all geared towards buying into the top ten penny stocks in as a trial in trading this year Where do I start, and how do I get the prospectors and the forms to start buying. Chris Palmer September 10, these picks are alright if you got in at the right time, Last month mid-Aug.