Top Penny Stocks List and Weekly Update: Key Takeaways
- StocksToTrade Breaking News is KEY in this market … See PRMK and AMLH
- OTC runners are coming back. YES! See all three featured stocks.
- Start 2022 the right way. See Monday Motivation
Special Announcement…
I’ve NEVER Done This in My 20+ Years Trading Until Now
- ProConcept Marketing Group Inc. (OTCPK: PRMK … read my analysis here)
- American Leisure Holding, Inc. (PINL: AMLH … read my analysis here)
- Cannagistics Inc. (OTCPK: CNGT … read my analysis here)
Top Penny Stocks List: January 3, 2022
It’s nice to see OTC runners are coming back. Enjoy the price action but do NOT chase in this market. Also, ride the hype but never believe the promoters.
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
Trading volume was low across the board on Friday. That’s no surprise since it was New Year’s Eve. There was still opportunity thanks to StocksToTrade Breaking News. Hint: STT Breaking News and dip buys are key for me lately.
Top Penny Stocks List #1: ProConcept Marketing Group Inc. (OTCPK: PRMK)
ProConcept Marketing Group Inc. is a shell company. Corporate advisory company Lelantos Holdings, Inc. recently acquired controlling interest.
Key points about PRMK…
- PRMK spiked Friday on news of a potential merger with Lelantos Holdings. The merger would make Lelantos a publicly-traded company.
- The press release also detailed a consulting contract with Golden Triangle Ventures, Inc.
- PRMK gapped up 41% into Friday’s open. It spiked 343% before pulling back to close up 333%.
StocksToTrade Breaking News nailed the premarket alert on Friday. I missed the initial spike, but took a small position on the dip. It turned into the biggest percent gainer in the market.
I’ll watch PRMK for a day-two continuation, ideally with a news catalyst. I’ll also watch for potential dip buys into any big intraday panic.
Top Penny Stocks List #2: American Leisure Holding, Inc. (PINL: AMLH)
American Leisure Holding, Inc. is a shell company doing the classic penny stock pivot. In October it teased a deal with the U.S. Coast Guard. This week… the metaverse.
Key points about AMLH…
- On Thursday, a company tweet to shareholders led with “We know we have been quiet, but trust us.” The tweet also teased metaverse news for 2022.
- AMLH spiked 56% in 25 minutes on the tweet.
- The stock closed up 43% on Thursday and 39% on Friday.
- AMLH isn’t Pink Current but promoters and follow-the-leader chat rooms are all over it.
StocksToTrade Breaking News nailed the company tweet on Thursday. (Yes, I’m an investor. But I would NOT trade without STT Breaking News. I think it’s a big mistake.) I locked in a single for a $368 win on a small position.
I’ll watch for more spiking, ideally with big volume and news or company tweets. If it runs multiple days, I’ll watch for potential dip buys into any big morning panic.
Top Penny Stocks List #3: Cannagistics Inc. (OTCPK: CNGT)
Cannagistics is the parent company of The Integrity Wellness Group, Inc. It’s also the parent company of Global 3PL Technologies.
Key points about CNGT…
- On November 12, the company closed its acquisition of The Integrity Wellness Group. It also applied for a name and ticker change.
- On December 20, Cannagistics released its latest quarterly report.
- CNGT traded its highest-ever volume on December 29, closing up 552% on the day.
I traded CNGT twice on Thursday. The first trade was on the continuation morning spike for a $674 win. The second was a $232 midday single on a nice panic dip buy. I’m watching for potential dip buys into any big panic. I’ll also watch for spikes, ideally with news and big volume.
Monday Motivation
This is it. The first Monday of 2022. Are you ready? Before you find yourself three months into the year wondering where it went…
Many people say they want to do big things in 2022, but sadly most won’t commit to truly putting in the time to study, prepare & dedicate themselves FULLY to achieving their goals. What will you choose, day-dreaming & laziness or dreaming big & hustling hard to make it a reality?
— Timothy Sykes (@timothysykes) January 2, 2022
To have an incredible outcome in 2022, be sure to review last year. Did you take the time to review 2021? If not, do it today. One of the most important steps to success in any field is review. (That includes reviewing trades.) Sadly, most people never do it.
So ask yourself these questions. Write your answers in a notebook. And be honest with yourself.
- What did you do right?
- What did you do wrong?
- What did you enjoy the most?
- What did you dislike the most?
- What can you improve?
- What will you do to improve? (i.e. What are your action steps?)
To make 2022 great, start now. And remember, every day is the day to keep going.
Mindset Mastery
To maximize 2022, take it one step further. Knowing what to act on and taking action doesn’t guarantee good results. The reality is that success requires failure.
You will only find success when you decide to put your head down, work on self-development, and charge through the pain of failure.
— StocksToTrade (@StocksToTrade) December 30, 2021
To get through the many small (and sometimes big) failures, you MUST work on mindset. Read these comments from Trading Challenge students near the market open on Friday…
9:24 AM Chantal007 → timothysykes: It’s a privilege to be able to learn with you, greatly appreciated! Happy New Years to you and your family!
9:26 AM tkeys → timothysykes: I’m so incredibly grateful for you and the opportunity to learn from you and this community you’ve built! Thank you for all you do! Big Happy New Year to you!!
9:44 AM bobbythek: Pretty much taking the day off. I wish you all a Happy New Year and a huge Thank you to The Boss-Tim, Mark, Tim B..and all the members here that offer so much. Certainly the best and most valuable chatroom I’ve ever been part of. Enjoy 2022….
Some people might ask “Tim, what do those comments have to do with my mindset?”
Everything. I’m SO grateful for all my dedicated students. And the gratitude comes back a thousandfold.
Here’s the lesson…
Gratitude is KEY to mindset mastery. I encourage you to study Ellis (ArtOfWar on Profit.ly) and his 32 appreciations. Do it. It can change your life.
Trading Education
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.
**Apply for the Trading Challenge Today**
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.
👉🏼 SUBSCRIBE to my NO-COST weekly stock watchlist here.
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!
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