Things have certainly cooled off a bit on the OTC Markets. We are all missing the November to February period where there was no shortage of 1000% plus runners. Nowadays if we catch a 50% to 100% move we are more than happy. Hot OTC stocks are definitely harder to find right now.
However, the key is to not get discouraged. Anyone that has been trading hot markets for as long as we Boomers know that markets go hot and cold on a regular basis. Look at crypto. Bitcoin was at $60,000 just 45 days ago!
Hot OTC stocks tend to be seasonal. We usually get the summer doldrums as traders and investors are on vacation. This summer has more traders out than usual as many just want a break from being cooped up indoors for the past year due to COVID-19. Airplanes are packed. Rental cars are sold out. People are going back to living normal lives. Crypto and OTC have taken a backseat.
We don’t blame them. It’s time to get back to normal.
Once summer is over, cooler weather comes and people start focusing more on the markets. This is why fall and winter have typically been the best times to be an OTC stock investor. Penny stock investors have typically made the most money during this time. Last year was my best year since the dotcom boom. I am praying for another repeat like most OTC traders.
The fact is that while some of my OTC stocks are down, there’s still plenty of opportunities. In this article, we take a look at 4 hot OTC stocks that we’ve already covered for our readers and subscribers before they made their big run.
We preach the key to trading hot OTC stocks is finding 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.
Just look at the charts of today’s 4 hot OTC stocks – HPIL Holding (OTCMKTS: HPIL), Lightwave Logic (OTCMKTS: LWLG), Majic Wheels Corp (OTCMKTS: MJWL), and Western Sierra Resource Corp (OTCMKTS: WSRC).
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.
This is where the big money is made and why so many of our subscribers are not stressing the recent pullback in crypto and OTC stocks. Most took money off the table at higher prices.
If you watch the Insider Financial YouTube channel, you can get a sense of the ideal time to book profits. We warned our subscribers not to get greedy or get caught up in the diamond hands/paper hands BS.
We also recommend you own a portfolio of OTC stocks. For some, that can be as many as 10 to 20 or more OTC stocks. This provides diversification and allows one to manage the market’s moods much easier.
It also helps to own shares in the following 4 hot OTC stocks.
Hot OTC Stocks #1 HPIL
HPIL has been surging rapidly as the company is working to become Pink Current. These are the types of plays we love here at Insider Financial. Some of our biggest runners have been OTC stocks getting current.
HPIL is currently trading just under a penny. We first reported on HPIL for our subscribers at the beginning of June when it was trading at just $.002 a share.
It doesn’t take a rocket scientist to see that HPIL is undervalued with such an ambitious CEO who has major goals and important connections.
Cybernetic Technologies is a diversified company focused on developing technology projects in Canada.
HPIL CEO Stephen Brown is turning this little firm into a well-established business through several partnerships and acquisitions. The company, which rebranded from HPIL Holding to Cybernetic Technologies only last month, is preparing its financial reports to become Pink Current.
Recently, HPIL has acquired 100% of NFT Procurement Ltd in two tranches. Through its new subsidiary, it has already partnered with Origin Protocol, a popular blockchain project focused on non-fungible tokens (NFTs) and decentralized finance (DeFi) – two of the fastest-growing trends within the cryptocurrency space.
Thanks to the collaboration with Origin, HPIL will issue NFTs and offer them for sale to third party purchasers on a website created by Origin and displaying NFT Procurement’s IP on a dot.com subdomain that NFT Procurement (HPIL) owns.
By the way, Origin Protocol recently partnered with Google Cloud to set up a marketplace for users where they can create and sell NFTs.
Last month, HPIL announced that it had entered into a Letter of Intent to acquire 100% of Crank Virtual, a division of Crank Media Inc.
Earlier in June, Cybernetic Technologies said that it had acquired World Gaming Group Inc, which had been working on blockchain projects and had developed “GAMEZCASH” and “TUNEZCASH” – two tokens to be used as a new form of currency in the esports/gaming world and the online music industry.
Besides operating in the blockchain and NFT space, which is a fast-growing industry with tremendous potential, HPIL is also working on its own electric vehicle – yes, you read it right. Last week, it joined forces with a group led by L. Ferrox Tutinean to launch Apogee Dynamics Ltd – a company that Cybernetic Technologies is a majority owner of. Last Tuesday, HPIL said it was developing its own electric vehicle called APOGEE D7, using the powertrain developed by Tutinean and Apogee Dynamics Ltd.
Stephen Brown said:
“The plan for the new Apogee D7 is a 4 seater vehicle that will not only use the new Apogee powertrain, it will have up to 10 partners all utilizing their DISRUPTIVE business models from Technology, Green, Materials and Media that will challenge the future of the auto industry as it is known today. All partners will have their imprint on the vehicle and will be an instrumental part of its functionality. We look to have the Apogee D7 website up within the next 45 days.”
We think HPIL has enormous potential as it operates in blockchain and electric vehicles – two of the trendiest industries. There aren’t many OTC companies manufacturing their own electric automobile if any. HPIL is poised to continue climbing. Once we clear a penny, it’s blue skies to a nickel.
Hot OTC Stocks #2 LWLG
LWLG is another big winner for Insider Financial subscribers since our initial coverage on June 4th when the stock was just $2.50 and which you can read here.
The developer of photonic devices and non-linear optical polymers for the communications and computing markets is aiming to power faster networks, reduce energy costs, and support flexible technologies. Although it has been in business for 30 years, its core products are still in the early stages of commercialization.
In last month’s corporate update, LWLG announced a plan to up list from the OTC market to the Nasdaq. This has been the main driver of the recent upswing—but there’s more.
Earlier this month, Lightwave announced that is being added to the Solactive EPIC Core Photonics EUR Index NTR. The index tracks the performance of a portfolio of 60 publicly listed companies that get at least 66% of their revenue from photonics manufacturing activities. It is expected to shed more light on Lightwave’s business within the global investment community.
This week LWLG announced “breakthrough test results” from its new super-fast optical modulator. With speeds above 100GHz, the modulator is said to be three times faster than existing products on the market. It has the potential to support significantly higher internet traffic and the rising popularity of online video platforms.
This news generated a lot of traffic across social media and kept the party going. LWLG finished the week at new highs.
Lightwave Logic’s business is all about transmitting data faster while using less power. Its stock, on the other hand, just keeps powering higher.
Hot OTC Stocks #3 MJWL
MJWL is another huge winner for Insider Financial subscribers. We said back in May that MJWL was going to become the next big crypto runner when it was trading under a penny, which you can read here.
Since then, it’s been a nice steady climber and closed the week at new highs just above $.14 a share.
MJWL executed a binding letter of intent to acquire cryptocurrency exchange and custody services platform CGCX Ltd., which generates $150 million in annual revenue.
— CGCX Official (@CGCXofficial) May 21, 2021
Calfin Global Crypto Exchange (CGCX), founded in 20217, provides highly sophisticated crypto services aimed at the larger blockchain community. It currently operates a crypto trading venue and custody services platform.
It has a talented team with expertise in equity, futures, and corporate markets, which allows CGCX to become a big player in select markets like the United Arab Emirates (UAE), India, Malaysia, and Mauritius.
CGCX has established three distinct business lines to meet the increasing demand for various crypto services:
- CGCX Exchange
- Custody Services
- Cryptocurrency Mining
It also has a native crypto token with the same name, CGCX, with a $50 million market cap. The ERC-20 token acts as a utility coin that gives users a 50% discount on fees on the CGCS platform while paying with CGCX.
Eventually, the tokens can be used as a medium of exchange in CGCX’s platform for merchant transactions and smart contract applications. They can also be used to vote in the Alt Token listing module to be launched soon.
The platform is generating $150 million in revenue per year, which is about a ninth of Coinbase’s 2020 revenue at over $1.1 billion, which makes Coinbase the largest crypto exchange in the US. On a side note, CGCX doesn’t allow clients from the US and Canada, but it’s open to large markets, such as India.
Besides this, CGCX’s technology powers South East Asia’s first insured Bitcoin fund known as BCMG Genesis Bitcoin Fund-I (BGBF-I), which launched officially in March of this year to address the growing global interest from institutional and corporate investors.
As we said in May:
Once MJWL stock clears a nickel, it’s blue skies ahead to a dime, followed by a quarter and dollar (s). All we can say is that MJWL stock is one of the best bets for investors on the OTC Markets. Where else can you pick up a stock that is worth dollars for under a nickel? MJWL looks to be the ultimate no-brainer on the OTC Markets. Majic Wheels can easily be the OTC stock of 2021, just like HMBL was in 2020. Congrats to all subscribers that got in under a penny. This bull run looks to be just getting started.
We reiterate our bullish stance on MJWL as the stock keeps powering higher. After hitting our first price targets of $.05 and $.10, the next stop is $.25.
Hot OTC Stocks #4 WSRC
WSRC is the biggest runner of the week with a 5-day gain of 942%!! We told our regular readers about WSRC earlier in the week, which you can read here.
WSRC is a multifaceted natural resource company focused on applying its $40+ million in water assets to “beneficial use” for irrigation and cultivation of high-value industrial hemp with which to manufacture “green” building products for the construction of affordable homes. This explains the company’s involvement in, and acquisition of associated “green” technologies for construction, energy, and water conservation, as well as alternative and renewable off-grid power sources.
While these and other eco-friendly, high-yield projects are its focus, WSRC remains actively engaged in its gold, silver, and other precious mineral reserve projects as a hedge against global currency fluctuation.
In fact, the latest price surge might be related particularly to its gold and silver business. On June 22, WSRC announced that it entered into negotiations with Silver State Mining Group, Inc (SSMG) to buy 70% of its common stock. SSMG owns 49% of the Sage Hen Mining claims in Nevada totaling 640 acres. The Sage Hen claims are located adjacent to the Relief Canyon Mine in the Oreana Tend. In addition to gold and silver, the enhanced recovery system assays have indicated platinum, palladium, and rhodium.
WSRC and SSMG intend to build a 100 ton/day plan and then increase that to 1,100 tons/day. The estimated annual net income from the 100 ton/day and 1,100 ton/day operation is $269 million and $3.2 billion, respectively.
If those income figures materialize, we can easily see the share price of WSRC hit several dollars.
As we keep saying, there are always opportunities in the markets and it’s our job to find hot OTC stocks for our subscribers. Huge gains can be made in such a short amount of time.
If you like any of these 4 hot OTC stocks, our best advice is to be patient and throw bids in below the market. Buying dips and selling rips as swing trades remains the best strategy.
It’s also important to look for OTC stocks that have yet to run. There are plenty of opportunities out there and we look at hundreds of OTC stocks to buy each week trying to find the best alerts for our subscribers.
Remember, all it takes is one or two to become a winner and you’ve crushed the market indices for the year.
As always, good luck to all (except the shorts)!
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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 and does not provide investment advice.