If you had to rename penny stocks, I’d call them “bag-holder manufacturing machines.”
A lot of them are sketchy as get-out. But that doesn’t mean traders need to avoid them. It’s all about having the right approach.
But I understand that penny stocks aren’t for everyone … That’s why I talk about what I call real stocks, too.
Also, don’t miss the Market 411 on my personal Instagram account every day at 4:11 p.m. Eastern!
Here’s what’s going on today…
Aprea Therapeutics Inc (NASDAQ: APRE) is a super sketchy biotech. The chart’s a mess. But it’s an earnings winner … I talk about why it could still have potential.
Speaking of sketchy, Hall of Fame Resort & Entertainment Co (NASDAQ: HOFV) is an NFT (non-fungible token) play. It was a $2 stock before the NFT run … Now it’s in the $5 area. HOFV dropped a press release this morning. Could this be the chat pump of the day? I talk about potential approaches to this stock, chat pump or not…
The Naked Brand Group Ltd (NASDAQ: NAKD) chart literally made me shriek. This disgusting chart makes me want to see an eye doctor. Then again … It has recent news.
I share my thoughts on this truly terrible chart — and why NAKD might be a better contender for going short than going long.
President Biden made some comments about gun control yesterday … Gun-related stocks started moving as a result. Ammo Munitions Inc (NASDAQ: POWW) was trending higher last night — I’ll be watching it today and in the near future.
Slower-moving plays like this might be boring to some people, but I love it as a potential swing trade…
There’s a special place in my heart for sketchy penny stocks that drop 8:30 a.m. Eastern press releases. Vislink Technologies Inc (NASDAQ: VISL) issued a press release littered with pump-y buzzwords just as I was going live this morning. Maybe I’m a boring old man, but I’ll be avoiding this one...
To close out, I talk about why, despite breaking yesterday’s highs, Ocugen Inc. (NASDAQ: OCGN) isn’t exciting me much … My exasperated sigh says it all.
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*Tim Bohen teaches skills others have used to make money. 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 may be 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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