Top Penny Stocks List and Weekly Update: Key Takeaways
- One of the biggest promoters on Twitter got busted last week. But three days later much of OTC land looked normal again. See CUBV below.
- Crypto anyone? Any OTC that adds ‘crypto’ to press releases and follows up has a chance to spike … AABB.
- Just when you think a pump is over … promoters bring it back to life for a near-perfect #5 bounce. See TONR.
THIS Is Why I Held CUBV Over the Weekend
- Asia Broadband Inc. (OTCPK: AABB … read my analysis here)
- Cuba Beverage Company (OTCPK: CUBV … read my analysis here)
- Tonner One World Holdings Inc. (OTCPK: TONR … read my analysis here)
Top Penny Stocks List: November 1, 2021
Last week got a little crazy. A top penny stock promoter got arrested for allegedly running a pump-and-dump scheme. The next day it was a little quiet across social media.
Thankfully, there are still OTCs to watch….
I’m also watching these listed stocks…
3 Stocks to Watch This Week
Each of this week’s featured stocks is a former runner. Former runners can run again, but beware of bag holders…
Top Penny Stocks List #1: Asia Broadband Inc. (OTCPK: AABB)
Asia Broadband is a mining company with a twist. In March, the company launched a gold-backed crypto token. Yes, another sketchy OTC crypto pivot. (Speaking of crypto pivots … Matt Monaco is hosting a special NO-COST webinar about how to spot potential crypto MoonJumpers. Register here for the November 4 event.)
Key points about AABB…
- On Thursday, the company announced the imminent launch of a cryptocurrency exchange.
- AABB spiked 35% on the news for a solid first green day on high volume.
- It gapped up on Friday, hitting multi-month highs around 18 cents per share.
Here’s the one-year AABB chart…
I traded AABB on Friday, buying the dip after the impressive morning spike. I was early twice and cut for small losses. I’m watching for potential dip buys into any big morning panic. I’ll also watch for more spiking, ideally with volume and news.
Top Penny Stocks List #2: Cuba Beverage Company (OTCPK: CUBV)
CUBV is a shell company with no operations. It’s in the process of changing its name and stock symbol. And it does have a Twitter account. That counts for something, right? At least in 2021.
Key points about CUBV…
- The company tweeted that it was looking for a potential merger candidate as far back as July. A string of follow-up tweets spiked the stock to a 52-week high of 4.3 cents a share in late August.
- On Friday, the company again tweeted about a potential merger with a lithium company.
- CUBV closed up 106% on a perfect “Weekend Profits” style play.
I bought CUBV on Friday when it spiked on the tweet. See details of my $2,808 win here.
Top Penny Stocks List #3: Tonner One World Holdings Inc. (OTCPK: TONR)
Tonner One World Holdings is another company to announce a shift to crypto and DeFi in 2021. It used to be a doll company. That’s an obvious business pivot, right?
Key points about TONR…
- The company is still Pink Limited Information on the OTC markets website. But it tweets regularly about Pink Current only being a matter of time.
- After six red daily candles, TONR had a first green day on Friday. Too bad the only catalyst is a ton of social media promoters.
- TONR had a solid morning spike on Friday and held gains to close up 33% on the day.
TONR volume is still low compared to September. And it’s a sub-penny stock. I don’t like sub-penny plays. It takes massive position sizes to do well. And that requires a lot of volume and liquidity. I’m just watching for now.
Trading Mentor
Many new traders don’t have enough trades to collect meaningful statistics. They think after a few dozen trades they have it figured out. But that’s a mistake, especially in a shifting market.
So as we head into November trading, pay close attention to…
This Week’s Top Tested Trading Tip
When students ask what to study or which pattern they should trade at first, my answer is always the same. Study everything and try every pattern. That’s the only way you’ll figure out what works best for you.
Remember that if you’re going to be a successful trader, you must think of yourself as a data scientist & every day brings you more data to plug into your formulas/tracking so you can optimize your process. This isn’t an exact science, but a large amount of data gives you an edge
— Timothy Sykes (@timothysykes) October 25, 2021
The obvious next question is…
“Tim, do you have a recommendation on what data to gather?” Yes, as long as you’re willing to…
Become a Data Scientist
Profit.ly has a bunch of statistics built into the platform. But it all depends on you uploading your trades. So if you don’t know what’s working best for you, STOP being LAZY. Upload your trades.
These are my stats on Profit.ly which you can verify here…
Notice that my average percent gain on all trades is 8.43%. That’s meaningful to me. When my entry comments on trades say, “Goal is 5% to 10%,” there’s a reason. It’s because I KNOW that’s my sweet spot.
I’ve learned what suits me and when I feel comfortable taking profits. That’s how important it is for you to become a data scientist.
What other data should you gather? Start with all seven indicators from the “Trader Checklist” guide. Between Profit.ly and those indicators, you’ll gather WAY more data than the average trader.
Ready to get serious? Start here…
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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