If January and February are a sign of things to come in 2021, traders and investors are going to make a lot of money this year. 4 penny stocks to watch are Bantec (OTCMKTS: BANT), Cielo Waste Solutions (OTCMKTS: CWSFF), Ideanomics (NASDAQ: IDEX), and T2 Biosystems (NASDAQ: TTOO).
HOW TO TRADE PENNY STOCKS TO WATCH
First up, it’s important to understand that trading penny stocks are not the same as trading blue chips. Penny stocks are subject to enormous volatility.
As we have stressed repeatedly to our subscribers, the key to trading penny stocks is finding the momentum BEFORE it happens and then be patient. Now, when we say that we find momentum BEFORE it happens, we are investors looking to position our subscribers BEFORE the move happens.
Now, when we say that we find momentum BEFORE it happens, we are investors looking to position our subscribers BEFORE the move happens. We got our subscribers in early on TSNPD and ALPP. This is where the big money is made and why so many of our subscribers are sitting on gains of over 8113% in ALPP and over 17,400% in TSNPD.
It’s also best to own a portfolio of penny stocks. For some that can be as many as 10 to 20 or more penny stocks.
We always alert our subscribers first before we publish for our regular readers. This is the value of having a subscription to Insider Financial, which you can sign up for here. We alert our subscribers with our best ideas before our regular readers.
OTC PENNY STOCKS VS NASDAQ/NYSE PENNY STOCKS
The fact is that there is always a bull market somewhere. That’s why it’s important for penny stock investors to trade both OTC and NASDAQ/NYSE stocks, depending on the market conditions. There are always opportunities if you give yourself the flexibility to trade all markets.
Last year, for the first half of 2020, it was much more profitable to trade NASDAQ penny stocks than OTC. That is where we and our subscribers were positioned. We captured the runs in SRNE, NIO, INO, IBIO, WKHS, and many others. Then once the summer came, many of the COVID runners had failed to find momentum. We then pivoted to OTC and caught the runs in TSNP, ENZC, MMEDF, and many others.
Lately, it’s been best to play OTC penny stocks. There is no shortage of multi-baggers at the moment. As we have said repeatedly, there’s no better time to be a hot penny stock trader and traders need to be aggressive. It’s like being at the casino. When you have a hot hand and the house keeps losing (hedge funds and institutions), take advantage of it while you can.
To read the full article that covers BANT, CWSFF, IDEX, and TTOO, please visit https://insiderfinancial.com/4-penny-stocks-to-watch-bant-cwsff-idex-ttoo/181096/
WHEN INSIDER FINANCIAL HAS A STOCK ALERT, IT CAN PAY TO LISTEN. AFTER ALL, OUR FREE NEWSLETTER HAS FOUND MANY TRIPLE-DIGIT WINNERS FOR OUR SUBSCRIBERS. WE SPECIALIZE IN FINDING MOMENTUM BEFORE IT HAPPENS!
Disclosure: We have no position in any of the securities mentioned. We wrote this article ourselves and it expresses our own opinions. We are not receiving compensation for it. We have no business relationship with any company whose stock is mentioned in this article. Insider Financial is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This article is not a solicitation or recommendation to buy, sell, or hold securities. This article is meant for informational and educational purposes only a nd does not provide investment advice.
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