Top Penny Stocks List and Weekly Update: Key Takeaways
- OTCs can spike big when CEOs mention crypto and gaming together. See VNTH and AHFD below.
- Celebrity collabs still work in 2021. See GGII’s Rick Ross announcement.
- Love ‘em or hate ‘em, sub-penny plays are some of the biggest movers in the market right now.
- NanoMobile Healthcare, Inc. (OTCPK: VNTH … read my analysis here)
- Green Globe International, Inc. (OTCPK: GGII … read my analysis here)
- Active Health Foods, Inc. (OTCPK: AHFD … read my analysis here)
Top Penny Stocks List: October 18, 2021
It’s mostly OTCs again this week — especially low-priced plays. Keep in mind that when sub-penny stocks do get over a penny, they usually still trade like sub-penny plays. Be conservative and protect, protect, protect.
These are the OTCs I’m watching this week…
And here are the listed stocks I’m watching…
3 Penny Stocks to Watch This Week
This week’s picks are all sub-penny OTCs. Technically, two of them got over a penny last week. But they all trade like sub-pennies. They’re not my favorite to trade, but I will if the setup is so good I’d feel guilty NOT taking a trade.
Top Penny Stocks List #1: NanoMobile Healthcare, Inc. (OTCPK: VNTH)
Nano Mobile Healthcare, Inc. formerly developed breathalyzers. A recent CEO conference call video explained the company’s new direction. According to the CEO, the breathalyzer business is now a subsidiary. The new focus is gaming, crypto, and NFTs.
Key points about VNTH…
- VNTH is a former custodianship play that made the SEC deadline to regain OTC Pink Current status.
- The company confirmed the crypto/gaming move and introduced a new CEO on October 15.
- VNTH is up 809% since September 27 and hit a 52-week high on Thursday.
VNTH was an OTC first green day with a multi-day breakout on October 14. See the Trading Mentor section below for more on the pattern. I’m watching for potential dip buys into any big morning panics. I’ll also watch for more spiking, ideally with news and big volume.
Top Penny Stocks List #2: Green Globe International, Inc. (OTCPK: GGII)
Green Globe International is a hemp manufacturing company.
Key points about GGII…
- Green Globe announced a partnership with hip hop star Rick Ross to launch Hemp Hop smokables.
- The stock is a former supernova — study the chart.
- It spiked 103% on Friday before pulling back to finish the session up 86%.
I’ll keep watching for potential dip buys into any big panic. Or, ideally, morning spikes with more news and big volume, too. If you trade GGII, be wary of bag holders. It’s still way off the 52-week high of 16.79 cents a share. Sell into strength and cut losses quickly.
Top Penny Stocks List #3: Active Health Foods, Inc. (OTCPK: AHFD)
Active Health Foods, Inc. is a shell company. It used to be a distributor of nutritional goods.
Key points about AHFD…
- The company was acquired by the CEO of CoinChamp on October 11.
- The new CEO plans a merger with CoinChamp.
- CoinChamp’s business model includes gamification of crypto using a prediction app. (Think binary gambling: yes or no questions and you win or lose.)
I’m watching AHFD for potential morning panics. The more overextended it gets, the better. I’m also watching for more spiking, ideally with news and big volume.
I get asked questions about the first green day setup regularly. It’s not just the color of the candle, there are other indicators. The question came up again during my last Trading Challenge webinar. (To see the archived webinar, apply for the Trading Challenge.) I’ll use the stock in question as an example…
Trading Mentor Q&A: OTC First Green Day
Here’s the gist of the question from a Trading Challenge student…
“I thought VNTH was technically a 2nd green day since it closed near high yesterday and broke out today. Was it not considered a FGD yesterday because it wasn’t up enough on the day?”
Check out the chart and then I’ll explain…
Was the circled day a first green day? It’s open for interpretation. Yes, the color of the candle is green. So, technically, the next day was a second green day.
But look at the volume. The questionable first green day had low volume. And it only finished up roughly 7% on the day.
On what I call a first green day, the volume spiked big. It was more than double the previous day. VNTH finished up nearly 23%. And it was a multi-day breakout, taking seven trading days to get there.
What Defines An OTC First Green Day
I like to see the big percent gain and big volume. Ideally, there’s a news catalyst. And I like to see the stock holding at, or near, its highs into the close. In this case, the multi-day breakout made it even better.
Why OTC First Green Days Work
OTC first green days don’t always work. But when they do, it’s because most people aren’t that meticulous. Overnight, they see…
- A big percent gain. (And possibly a technical breakout.)
- A big volume spike.
- A beautiful chart.
- A news catalyst and/or promoters.
So traders get encouraged to place buy orders at the open the next day. The OTC first green day setup is about being early and recognizing that.
This is where your journey begins. If you can change your mindset from making money to learning, there’s hope.
New to penny stocks? Start with my FREE penny stock guide.
Also, get my best-selling book “An American Hedge Fund” here at no cost.
For the basics of my strategies, read “The Complete Penny Stock Course.”
And if you think you have what it takes, maybe the Trading Challenge is for you. Only apply if you’re willing to study hard. It’s not easy, but it’s where all my top students refined their skills.
Trading Challenge students also get access to my daily watchlists. All successful traders make their own watchlists. Studying mine (and those of other successful traders) is a good start, but you need to learn…
How to Create Your Own Penny Stocks List
Answers to watchlist FAQs…
How Can You Create Your Own Watchlist?
To start, look for big percent gainers. For two decades, big percent gains have been my #1 criteria. After that, I look at trading volume and a catalyst or reason behind the price action. Read “Stock Watchlist Guide: Tips & Examples to Develop Your Own” for details about the entire process.
Should I Create a Watchlist Every Day?
All serious traders create a daily watchlist. If you’re serious about trading penny stocks, making a daily watchlist is essential.
Does Tim Sykes Provide a NO-COST Watchlist?
Yes. Subscribe to my weekly penny stock watchlists below.
How to Use the Top Penny Stocks List Weekly Update
When you read the weekly penny stock list (and the monthly watchlist), don’t think of them as hot picks. Frankly, sometimes they’ll be duds. That’s why it’s called a watchlist. Welcome to penny stocks.
It all starts with looking for big percent gainers. Try to figure out why I’ve put the stocks on my list. Study so you can help yourself become a self-sufficient trader. Only fools chase hot picks.
What do you think about this penny stocks list and weekly update? Comment below, I love to hear from all my readers!
*While Tim Sykes has enjoyed remarkable success trading stocks over the years, his primary income derives from the sale of financial education products and subscription services offered by various businesses and websites in which he has an ownership stake.
Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed are exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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