1) #Soundstr product is revolutionizing live music, making sure artists get their fair cut 2) $VNUE radio plays a wide variety of rock music and will generate a lot of ad revenue. What OTC stock has its own radio station. 3) Furthermore, VNUE radio and NEWHD radio is helping
employ people with disabilities. 4) Set fm another disruptive product 5) Live music is coming back due to the vaccine 6) Matchbox 20 tour in 2022 7) Artists like @CarissaBiele are signing with $VNUE 8) CEO is focusing on VNUE instead of owning 15 different penny companies
9) CEO does not release fluff P&D PRs. 10) Shareholders are loyal to the CEO's mission, and so far @ZBairOfficial has delivered for @VNUEINC 11) CEO once sold a startup to MARK CUBAN! Not convinced, check IMDB 12) Low OS - Only 1.2B outstanding 13) CEO considering buyback
14) Almost no dilution. 15) CEO pays himself a modest salary to maximize shareholder value 16) Shareholder updates are well timed and don't contain fluff. They also aren't overbearing. 17) $VNUE always has a new trick up its sleeve. Everyone was focused on Soundstr but VNUE radio
PR hit the wires. 18) Many others in the industry respect Zac and are helping to finance 19) UPPER 7 figure nontoxic financing 20) Triton group who helped with $TSOI and $SFOR buying up to $2M in $VNUE 21) Only reason why value dipped was due to COVID. They navigated through it.
22) Rockhouse Live opened in Clearwater, and $VNUE gets 4.99 percent of revenues. 23) Rockhouse Live may expand 24) The pictures taken by non-shareholders show that its a busy place. 25) Rockhouse Live is in a busy area of Clearwater, allowing for exposure
26) The pictures don't do RHL justice 27) Often in the #OTC, the only things you hear about the company deal with the stock, not the product. Not with $VNUE. Many people talk about the products with little to no knowledge of the stock. 28) Any success with the products = takeover
29) Many companies without proven business and with 3-5x the shares are more than 2x the PPS. 30) $VNUE doesnt strike out; it hasn't had many "at bats" (high vol days), and when it does, it usually rocks. Took 30MM volume to take it from 027 to 045 (and that included bid whacks).
31) Weekly chart is a beauty. 50MA crossed over the 200MA (golden cross) 32) Daily chart indicators show a "pincher play", meaning we don't just see a bounce but could see new highs 33) $VNUE breaks out heavily after breaking an old high. Look what happened after 0047 broke!
34) Pink current, meaning SEC suspension highly unlikely. 35) Applied to OTCQB 36) Has met OTCQB requirements 37) Submits filings on time 38) Does not cook the books on the annual/quarterly reports 39) No plans to reverse split 40) Soundstr almost out of beta. When units ship...
41) Not touched by pump and dump crews. Instead, $VNUE is invested by researchers who know what they own 42) $VNUE has had many heavy bidders recently 43) Many investors are using dividends and some profits from other stocks and crypto to gradually accumulate VNUE
44) Accumulation/distribution indicator on the chart is astronomical, usually signaling a healthy run. 45) The long investors are not bagholders. Some are even averaging up. 46) $VNUE Chart following a similar long term pattern to $ALPP 47) CEO has very talented assistants
48) CEO stays out of the Twitter drama and gets work done 49) CEO committed to operations like showing up at Rockhouse Live soft and official openings. Also isn't TOO available. 50) Growth is organic instead of quick so know what you own!
First, I would like to thank the cast of the @slaptheaskshow - @LukeKnouse and @man_growth. They all should be followed (hint on the trader spotlight tomorrow by the way). I appreciate their asking about my nightly top 10. Well here are my top 10 most undervalued #stocks tonight
1) $DROP - Custodianship last summer, reinstatement 3/17, same owner took two months for another reinstated company to go "company updated profile". And the best part - 80MM A/S & no dirty D. Some R/M process plays have a market cap so high that DROP would be $3-5 without an R/S.
2) $TGRR Tons of action at bid when not much is needed to move the ask up. We saw how it went from 0018 to 0049 in 2 hours after reinstatement. Every time an 8k got released, it resulted in a multi bagger. Speaking of 8k, one stated that Intersection Capital will take it over!
You hear the term a lot - reverse merger, but do you actually know what they are and how they play out. A reverse merger is when a public company takes over a private company so the private company doesn't have to take
steps to go public. Many penny stocks make excellent reverse merger candidates because it doesn't cost much to purchase the shares of the stock. @WildRhino posted an excellent pinned tweet on the steps of #OTC#Stocks. I will go through each step in some detail:
1) CUSTODIAN APPOINTMENT - This is when someone is appointed to get the stock prepared for a merger and to do the intermediate steps. Clark County, NV has cases where custodianship is granted.
2) CUSTODIANSHIP GRANTED - This is when the court (like Clark County for NV corps)
Most traders are familiar with OTCMarkets.com. The website gives details on a stock like share structure and filings. There will be a flag like a stop sign or a yield sign indicating its filing status.
1) CAVEAT EMPTOR (AKA THE SKULL AND CROSSBONES) - This means something suspicious is going on or has gone on with the stock. Triggers can be a questionable promotion, past scams, a suspension in the past, or fishy ownership. Unless filings hit (and even then wait), stay away!
2) STOP SIGN - Filings have not been filed on time so the company needs to catch up. Many of these aren't good securities, but if there was a recent reinstatement (company updated profile checkmark) or filings are starting to pour in, a stop sign that has been asleep for years is
Yesterday, I discussed using retrospectives to help you do more of what you did right and less of what you did wrong (use hashtag #NavigateTheOTCJanuary to find 1/24 post). Today I'll discuss looking ahead for #OTC#stocks
1) HAVE AN EXIT STRATEGY FOR WHAT YOU OWN - If you have a large position, gradually exit the stock. Have plans to sell small pieces of the stock into heavy volume spurts. You'll gradually build a cash position that you can use to let trades come to you.
2) RESEARCH STOCKS THAT YOU DON'T OWN - New hot stocks arrive every day, and some hot stocks retrace and still have plenty of catalysts to break old highs. If you watch the catalyst and price action on stocks you are watching, you can better gauge where to take a starter and
1/24/21 EDITION - BETTERING YOURSELF BY SELF-RETROSPECTIVES
In industry, many teams use "retrospective meetings" to understand what went well and what can be done better. Smart OTC traders use that philosophy to make better
entries and exits in the future. I do that when I trade, and you should, too.
Part 1 - Analyzing what didn't go well
We've all had bad trades and they'll occasionally happen. It's how you handle them and how you learn from them. @NickPeist recently put out a video about how he
learned from his mistakes in the past, and I look back to not repeat them. Looking back, my worst losses happened due to chasing momentum, believing price targets, and being afraid to take a small loss. Also, "cult plays" have been failures for me. So when I'm about to buy a