Happy Monday!
The overall market slid some more last week. But it’s time to put that behind us.
Even though most stocks had a tough time, there have been quite a few runners in penny stock land.
That’s the beauty of this niche. Volatility from the greater market spills over into low-priced stocks.
And the best way to find a potential spiker is by looking at the stock’s float.
A low float — below 10 million shares — will spike the stock higher because of limited supply.
And I found 3 tickers ready for blast off…
How Traders Keep Banking
It seems counterintuitive to trade while the overall market keeps falling.
But it depends on what you’re trading. In my niche, there’s always volatility.
Tim Sykes showed me how he profits from huge price moves.
Watch This BEFORE 9:30AM!
Have you seen what Tim Bohen has been up to EVERY morning between 9:29 and 9:30am?
If not, click here now because he’s getting ready to do it again.
Do NOT wait to see this.
And he’s still showing traders the secret to profits.
He put together all the necessary tools new traders need to succeed. It’s easier than ever to start trading.
These tools help him discover hidden plays even during bear markets.
Are you serious about trading?
Then check out Operation Overseer!
And use it to bank on these stocks…
The 3 Potential Spikers…
I might trade all of them. I might trade none of them.
Things happen fast in this niche.
But one thing’s for certain, if I trade at all, I’ll be using StocksToTrade’s charting software. It gives me up-to-date information and it’s designed for day traders.
Here are the stocks to watch…
- BIMI International Medical Inc. (NASDAQ: BIMI)
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- Former runner
- Float: 8.8 million shares
- Houston American Energy Corporation (AMEX: HUSA)
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- Former runner
- Float: 9.2 million shares
- Sidus Space Inc. (NASDAQ: SIDU)
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- Recent spiker
- Float: 6.8 million shares
How To Trade Them
Never trade without a plan!
Any trade can fail.
Trading with the best patterns gives me the best chance to profit.
But what works for me might not work for you. Every trader is different.
As an example, Mark Croock and I both learned from Tim Sykes. And the three of us have different strategies.
If you’re into options trading…
If you like trading listed penny stocks like me…
Here’s my favorite pattern:
And I’ve got to include Sykes’ favorite pattern. He’s the reason Mark and I are millionaires.
You gotta know what to look for,
Roland Wolf
Editor, The Wolf’s Den
All content in this newsletter is intended for educational and informational purposes only.
The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following The Wolf’s Den’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by The Wolf’s Den to adjust for those fluctuations may change without notice.
There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments.
You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.