Old friends catching up during the holidays was nothing new. But his answer was a new revelation. Shocked looks followed by laughter.

He sat there with a straight face. What have you been doing for work?

Penny stocks were a joke to them. He knew explaining and elaborating would be a waste of time. He was already laughing all the way to the bank each week. But you need good information, proper strategy and a little bit of luck on your side.

This is one of the best swing trade candidates that we have ever seen. A share buyback program is the catalyst that started this massive run over 10 months ago. The pro traders in our chat room were all over this news back then and our members have the gains to prove it.

This is an interesting stock with a unique story and product. The Lingerie Fighting Championships is in the same category as professional wrestling, which has a very widespread appeal. The company is in the very beginning stages but its fundamentals are improving rapidly.

Recently the company had to raise capital with convertible shares which were then liquidated by the lenders.

The company has said this dilution is pretty much over and the stock has leveled off and is now holding support well.. All the others were bought out by bigger companies. This is an 8 billion dollar industry and NVCN is one of the pioneers. Payoff could be huge if the company is purchased.

The stock has pulled back over the past couple sessions but it was able to stop the pullback and bounce. Because it was strong enough to bounce and hold its ground we are confident it will be strong enough to trend back to previous highs and break through to new highs. If it breaks through that level it will have made a 52wk high and it will have a ton of momentum behind it.

VBIO has been forming a very nice sideways consolidation chart pattern for the last two weeks and we are seeing the chart start to curl higher which indicates a potential breakout could be imminent. The company is developing cannabis drugs that can be used to replace opioid painkillers.

The painkiller epidemic is a massive problem and it is getting bigger every day. A drug that can replace opioids without the dependence issues that come along with opioids would be a huge money maker. This stock will benefit significantly with every state that approves medical cannabis use.

The fundamentals of the company have been improving year over year as well.

Top 10 Explosive Penny Stocks to Invest In (Hot Picks)

ADAC is a low float stock which means there are less shares available than a normal stock. This means the stock can move quickly in either direction. The dilution of this stock seems to be over which should provide some downside support. One of the most epic runs by any stock was made by HADV recently.

The stock has pulled back since then and we are keeping an eye on it for a bounce. The pro traders in our chat caught HADV early and were able to join in on the wild ride. Volume has been building with APTY for the last couple days after the CEO said she would be buying back shares of APTY in the open market. It is a very good sign when CEOs tell us they are buying back shares. It tells us they think the company is heading in the right direction.

APTY has been trending at solid support before starting to curl up the last couple days. Yesterday APTY broke through resistance and made a new 45 day high and closed at the high of day, which indicates the strength should continue into the next day. The company sells its products to end users, including municipalities, airports, railway lines, hospitals, post-secondary institutions, and large property owners; wholesalers; contractors; and retailers.

The stock has a very small float and no signs of dilution. Before we break down solid penny stocks to watch, we want to offer a quick disclaimer.

You can make a lot of money investing in penny stocks. You can also lose a lot of cash on the pink sheets. While you take a lot of risks, you have the potential for enormous returns.

Penny Stocks to Watch for June (CYTR) | Investopedia

And why are there so many risks involved with penny stocks? Most agree there are three reasons penny stocks are risky. Often, these companies are significantly overleveraged and on the verge of bankruptcy. Bankruptcy leads us to our third penny stock risk — scammers. Many penny stock scammers make big bucks by luring investors into a nearly worthless stock before taking their money.

You must be aware of the scams surrounding the pink sheets. Here are a few common ones:. Penny stocks are an extremely high-risk investment, and most investors consider them to be incredibly speculative. Most companies that find themselves trading on the pink sheets suffer from small capitalization, a lack of liquidity, large bid-ask spreads and limited disclosure. These stocks do not trade on respected the major market exchanges.

Often, penny stocks have no SEC compliance and regulation to worry about.

You can invest and trade penny stocks through the OTC Bulletin Board, also known as the OTCBB. Individual companies are also exchanged through the pink sheets, which are completely unregulated.

Just remember — penny stocks will always be a big gamble. Only with proper research and strategy will you see profits with speculative plays. Start slow and learn the markets before taking huge gambles that can offer huge payouts. Before you make some trades, you must remember one thing: Penny stocks have a high level of volatility.

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With precautions and a proper strategy, you can minimize losses — to a certain extent. One precaution many investors take when trading penny stocks is a stop-loss order. Before entering a trade, you have a predetermined stop-loss order that ensures you exit the market immediately if the market moves too far in one direction.

Top 10 Penny Stocks to Watch (Best Picks to Buy in May) | Stacked Bid

It can take months and years to find gains materializing in the stock market. Stocks trading on the pink sheets and the OTCBB usually have low trading volumes, which increases the risk of the investment.

Any penny stock trading less than , shares a day should be avoided as you learn the market You could get stuck with shares of little to no value if you invest in a company with extremely low trading volumes.

You are using an outdated browser. Please upgrade your browser to improve your experience. StackedBid How It Works Membership Blog Log in Become a Pro. The Top 10 Penny Stocks to Watch in Lingerie Fighting Championships, Inc. BOTY This is an interesting stock with a unique story and product. International Western Petroleum, Inc. VBIO VBIO has been forming a very nice sideways consolidation chart pattern for the last two weeks and we are seeing the chart start to curl higher which indicates a potential breakout could be imminent.

Adama Technologies Corporation ADAC ADAC is a low float stock which means there are less shares available than a normal stock. HADV One of the most epic runs by any stock was made by HADV recently. APTY Volume has been building with APTY for the last couple days after the CEO said she would be buying back shares of APTY in the open market.

MJPI MJP International Ltd. The Risks and Rewards Before we break down solid penny stocks to watch, we want to offer a quick disclaimer. How It Works Membership Blog Become a Pro. Follow stackedbid on Twitter. JavaScript is required for this content. Pin It on Pinterest.