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Time stamps:
0:55 SEC Form 10 K and Form S 3 on Nasdaq filings.
1:46 Reading form 10 K for $YRIV stock. Revenue, cash, operating expense.
4:15 Looking for stock offering, warrants, convertibles for YRIV stock.
6:15 $YRIV form S-3. $300 M shelf registration.
8:35 $ZYNE. Why biotech stocks are evaluated differently?
10:31 Looking for offering on ZYNE.
12:42 Summary
Shelf and ATM offerings explained. SEC Form S-3
https://youtu.be/QGETa3uzN3I
What to look for in penny stock SEC filings for day trading? I will show you all the KEYWORDS to search for in form 10 K and form S 3 in this video. You will be able to spot dilution or offering in under 10 minutes, and decide whether this penny stock is a buy or sell.
My favorite website to look for SEC filings is Nasdaq.com. That's where you can find all the filings including quarterly financial statement on these penny stocks. Form 10-K is the financial statement and Form S-3 is where you can see new shares registered to do an offering / dilution.
Looking at Form 10K for $YRIV. We can see the company never made any revenue. They have high operating expense, or burn rate, and are low on cash reserve. So the question at this point you should be asking is, if this penny stock company have high operating cost, low cash equivalents, and no revenue income, how have they been paying millions of operating cost over the last few years?
The answer can be found by searching for "shares outstanding". If you see an increase in share count by tens of millions over the years, thats a sign of stock dilution. YRIV has been selling more shares and diluting their investors in order to make money to pay for debt and expenses.
Next what I look for is stock offering, warrants and convertibles. So I search for those keywords in SEC filings to look for their offering or dilution history. While YRIV doesn't have outstanding warrants or offering history, this small cap penny stock company has a history of issuing convertible notes over the last few years. Convertible notes are debt securities.
Let's look at YRIV form S-3 next, which is a statement public companies have to file when registering new shares to the stock market. In this form S3 we can see YRIV has a shelf registration of $300 Million dollars. "Shelf" registration allows companies a window of two years to issue secondary offerings any time they want.
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🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://bit.ly/3rLAfp2
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TikTok: https://www.tiktok.com/ @HUMBLEDTRADER
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#daytrading #pennystocks #stockmarket
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.
Get my FREE Trading Journal + Weekly Stock Picks: https://bit.ly/2WIm5rJ
Time stamps:
0:55 SEC Form 10 K and Form S 3 on Nasdaq filings.
1:46 Reading form 10 K for $YRIV stock. Revenue, cash, operating expense.
4:15 Looking for stock offering, warrants, convertibles for YRIV stock.
6:15 $YRIV form S-3. $300 M shelf registration.
8:35 $ZYNE. Why biotech stocks are evaluated differently?
10:31 Looking for offering on ZYNE.
12:42 Summary
Shelf and ATM offerings explained. SEC Form S-3
https://youtu.be/QGETa3uzN3I
What to look for in penny stock SEC filings for day trading? I will show you all the KEYWORDS to search for in form 10 K and form S 3 in this video. You will be able to spot dilution or offering in under 10 minutes, and decide whether this penny stock is a buy or sell.
My favorite website to look for SEC filings is Nasdaq.com. That's where you can find all the filings including quarterly financial statement on these penny stocks. Form 10-K is the financial statement and Form S-3 is where you can see new shares registered to do an offering / dilution.
Looking at Form 10K for $YRIV. We can see the company never made any revenue. They have high operating expense, or burn rate, and are low on cash reserve. So the question at this point you should be asking is, if this penny stock company have high operating cost, low cash equivalents, and no revenue income, how have they been paying millions of operating cost over the last few years?
The answer can be found by searching for "shares outstanding". If you see an increase in share count by tens of millions over the years, thats a sign of stock dilution. YRIV has been selling more shares and diluting their investors in order to make money to pay for debt and expenses.
Next what I look for is stock offering, warrants and convertibles. So I search for those keywords in SEC filings to look for their offering or dilution history. While YRIV doesn't have outstanding warrants or offering history, this small cap penny stock company has a history of issuing convertible notes over the last few years. Convertible notes are debt securities.
Let's look at YRIV form S-3 next, which is a statement public companies have to file when registering new shares to the stock market. In this form S3 we can see YRIV has a shelf registration of $300 Million dollars. "Shelf" registration allows companies a window of two years to issue secondary offerings any time they want.
📉My Trading Broker Platforms:
TradeZero: https://bit.ly/38OlfSv
-Get 3 months FREE platform + 1 Month 10% off short locates
Centerpoint Securities ($30K min): https://bit.ly/3LKdlID
-Get 50% off Commissions & Short locates for 60 days
-Get 6 months FREE Trade Ideas scanner
Interactive Brokers: https://bit.ly/3bE82u4
Interactive Brokers Canada: https://bit.ly/2FBwdMo
🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://bit.ly/3rLAfp2
✅My REAL Social Accounts:
IG: https://www.instagram.com/humbledtrader/
TikTok: https://www.tiktok.com/ @HUMBLEDTRADER
Twitter: https://twitter.com/HumbledTrader18
FB: https://www.facebook.com/HumbledTrader
#daytrading #pennystocks #stockmarket
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.
I really appreciate this information. Thank you so much.
there's something missing – unlike blackjack – there is no bounce back (none that i can see)
Thank you!
Good thinf webull now has a chat where some peoppe already look into this and let others know. You just have to doubke check that is true
hello I’m new to the
Trading world and I come to seek your Gide my family is struggling with financial problems jobs don’t pay please can you help us
Wow .. I didn’t know all this tick till this video.. wow great video.
Thank u very useful
Do penny stocks have to file 10k? Even if they trade OTC and not Nasdaq? If not, how do you find financial data on those? Thanks
I would her to make a video explaining how company public float get updated. EJH is a Chinese Company trading on the U.S stock exchange. EJH company that just did three offering and the public float did not change. Not sure how a company can sell 240 million in shares and only have a public float of less then 5 million , The stock prospectus is Pursuant to Rule 424. Some how these shares were sold but I need to know why these shares are not reflecting in the public float when other stock offering do reflect tin the public float.
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Very nice and concise. Thank you Shay!!!
Thanks loads, this playlist is marvellous !
Do you have classes or courses??
I never go that deep but I love it cool really I just check the balance sheet.
Thank you shay. This is perfectfly explained and essential.
Such an amazing and informative video!!! Thank you soo much!!
Amazing, you are a blessing! I thought I could never learn this, until I found you! You are really talented to teach. ❤️
thank u very much for this video
Great video, great job!
Top Job, quick, informative, No BS, straight to the point, and great points we need to know to uncover the Tips and Tricks these companies use against us. Thank You HT, I subbed as well.
Cheers Kev
edit: I am a self employed business owner from 18 and these traps still trip me up, it's like trying to read a physics exam. ta.
Always great tips
How scary to not know all this, thanks too much master to illuminate me
You're a blessing. I'm cross referencing all of your superb wisdom and insight. And I really appreciate it.
That was super helpful!
Thank you!
you are so great. I love you
To get the information of this 13 min video you need atleast 1 year or 2 in the stock market and this girl summarized it in just 13 min… Really well done and thank you