Before I elaborate more, I would like to thank @KentsBrokerage, @SaraGoingUp, and @MastInvestments for their insights over the past few months. It's easy to get discouraged during times like these, but it's also easy to get
cocky during times like February 2021. Let's go back to March 2020 when the pandemic started. Lots of money was made (or even lost) trading puts (and later calls). After accounts build up, newly crowned whales want to find more avenues to grow their account. At that time, OTC
stocks were a bargain, and there were many more to choose from. This included stop sign tickers, SEC delinquent tickers, and the dreaded skull and crossbones (CE). The SEC was actively suspending inactive stocks. Yet the money made from options found its way into the OTC. Many
Today proved more that patience pays. I have highlighted the wisdom of @WhiteCapLimited and @KentsBrokerage in the past. Now I am highlighting a nugget of knowledge from @Grolden87. Accumulate the consolidation and sell the momo. With that being said, here are my top 10 #stocks!
1) $SFLM Let's put the pieces together. Textbook accumulation and consolidation, pink current, real revenues from eBay store, float of around 700MM, and a price of 0042. The chart is tightly coiled, and a break of the 200MA at 0055 sends it.
2) $VMNT LEGIT and OTCQB. With a tiny fraction of the HMBL float and a slightly cheaper price, this is a no brainer. Only SEC regulated Stablecoin developed by a genius in the industry. CEO who has shown proven organic growth of the company. Sell your scams and come here.
69 Reasons to own the cream of the #OTC crop #stocks#pennystocks. Special thanks to the many dedicated longs who post DD without frontloading!
1) #soundstr product is revolutionizing live music, making sure artists get their fair cut 2) Set fm also disruptive!
3) @vnueradio plays a wide variety of rock music and will generate a lot of ad revenue. What #OTC company has its own radio station? 4) VNUE radio helping to employ disabled individuals 5) Live music has made a comeback in 2021 6) Matchbox 20 tour coming in 2022
7) Artists like @CarissaBiele are signing with $VNUE 8) CEO is focused on $VNUE instead of owning dozens of OTC companies 9) CEO does not release fluff P&D PRs 10) P&D crowds would rather play scams so $VNUE has serious investors. 11) Shareholders are loyal to CEO's mission
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!
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
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)