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4 Hot Stocks Right Now: AMC CCIV LTNC SANP

4 Hot Stocks Right Now: AMC CCIV LTNC SANP
Written by
Alex Carlson
Published on
February 23, 2021
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InsidrFinancial

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 hot stocks right now are AMC Entertainment Holdings (NYSE: AMC), Churchill Capital Corp IV (NYSE: CCIV), Labor Smart (OTCMKTS: LTNC), and Santo Mining (OTCMKTS: SANP).

HOW TO TRADE HOT STOCKS RIGHT NOW

First up, it’s important to understand that trading hot stocks are not the same as trading blue chips. Hot stocks are subject to enormous volatility.As we have stressed repeatedly to our subscribers, the key to trading hot stocks right now 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.We got our subscribers in early on TSNP, which you can read our first article here, and ALPP, which you can read about here. This is where the big money is made and why so many of our subscribers are sitting on gains of over 9633% in ALPP and over 19,900% in TSNP.It’s also best to own a portfolio of hot stocks. For some that can be as many as 10 to 20 or more hot 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.Now we know many prefer to day trade, but we are not day traders here at Insider Financial. It doesn’t suit our personality and we don’t like the intraday moves markets make. We have found we made more money being patient and ignoring the day-to-day noise of the markets.If you want to day trade, Insider Financial is not the place for you. When it comes to day trading, and if that’s what you are after, we recommend the folks at True Trading Group, which you can check out their live streams here.

HOT OTC STOCKS VS HOT NASDAQ/NYSE STOCKS

The fact is that there is always a bull market somewhere. That’s why it’s important for hot 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 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 hot OTC 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.In this article, we take a look at 4 hot stocks right now AMC, CCIV, LTNC, and SANP find out what’s behind the move and our outlook for each.[embed]https://www.youtube.com/watch?v=7zqrRAZycL4[/embed]

Hot Stocks Right Now AMC

AMC, a favorite of the Wall Street Bets crowd, is running after New York Governor Andrew Cuomo confirmed that movie theaters can reopen on March 5th. Hot Stocks Right Now AMC Daily ChartMovie theaters will reopen at 25% capacity with no more than 50 people per screen. This is the first start of the "Great Reopening" as American consumers are flush with cash and eager to spend. That is why we are seeing the rotation out of Big Tech and the work-from-home plays to deep fucking value plays like AMC.Vaccines are being administered. The COVID-19 rate is coming down. We expect Americans to get back to normal by the summer and this will benefit AMC as movie-goers return. With 27% of the float short, look for AMC to keep running.

Hot Stocks Right Now CCIV

Buy the rumor, sell the news.This is what happened in CCIV. The word about the merger with Lucid Motors created a tremendous buzz around CCIV. CCIV also has become a cult stock that has been endlessly pumped on Twitter by Alex Cutler to his 135k followers.View on Twitter/XHad you sold at $55, you'd be looking pretty good as CCIV is trading at $40 in the after-hours.

The transaction will give Lucid some $4.4B of net cash, including some $2.1B from CCIV (net any redemptions) and another $2.5B from fully committed private investment on public equity (PIPE). Lucid and CCIV said the PIPE is priced at $15 a share, a 50% premium to CCIV's net asset value. That would give the company a $24B implied pro forma equity value.

The two companies said the PIPE’s funding comes from Saudi Arabia's Public Investment Fund, as well as from funds and accounts managed by BlackRock, Fidelity Management & Research, Franklin Templeton, Neuberger Berman, Wellington Management, and Winslow Capital Management.

Lucid and CCIV added that the PIPE’s terms include an investor lock-up provision that “binds holders well beyond closing.”

Lucid CEO and Chief Technical Officer Peter Rawlinson said his company “is going public to accelerate into the next phase of our growth as we work towards the launch of our new pure-electric luxury sedan, Lucid Air, in 2021, followed by our Gravity performance luxury SUV in 2023."

He said cash from the SPAC merger will help expand Lucid’s Arizona manufacturing facility, which is currently creating pre-production builds of the Lucid Air.

Now, we aren't hating on CCIV and Lucid Motors at all. We love the company and think there's enormous potential. We just don't like the pumpers that steer new traders wrong.Here's why:

  1. No one ever goes broke taking a profit.
  2. Stocks never go straight up.
  3. There was a tremendous risk in HODLing CCIV if a merger never happened.

Why is the stock dropping besides buying the rumor, sell the news?

  1. 1.6 billion shares outstanding once merger completed.
  2. At the $57 closing price, the current market value for the combined company is $91 billion for a company that has never sold a car.
  3. PIPE investors are able to invest at $15 a share when the current stock price is $57.

At some point, math and valuation matter. Smart retail bought at $12 to $15 and sold at $50 plus. Buy low, sell high.Do your homework. Don't listen to us or anyone else on social media. You are in charge of your own P-n-L.Learn to earn!!

Hot Stocks Right Now LTNC

LTNC has been a huge runner this month after starting the month off in the triple-zeroes. Hot Stocks Right Now LTNC Daily ChartSorry, but we have been trading OTC for far too long to buy into the hype. At $1 like Stan says, LTNC would have an $8 billion market cap.View on Twitter/XYou see, LTNC was a stock that we covered back in 2016. It was a dog then and now it's just a dog with fleas. Here is what we wrote:

Labor Smart Inc (OTCMKTS:LTNC) has been a frustrating name for many investors in penny stock land. The company has been trading in triple zero territory for quite some time. Each time it's tried to bounce, shares fell right back down. However, this time the folks over Labor Smart are hoping a $15k pump from the Penny Stock Hub will give the stock the boost it's been looking for.Labor Smart provides On-Demand temporary labor to a variety of industries. The Company's clients range from small businesses to Fortune 100 companies. Labor SMART was founded to provide reliable, dependable and flexible resources for on-demand personnel to small and large businesses in areas that include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. The Company's mission is to be the provider of choice to its growing portfolio of customers with a service-focused approach that enables Labor SMART to be seen as a resource and partner to its clients.Like many penny stocks, Labor Smart has been the victim of toxic financings. This is the problem the stock has been facing and why it can't hold a bounce. There are currently over 7 BILLION shares outstanding even though in January, CEO Ryan Schnadel cancelled 706,867,658 personally owned shares that were purchased in November 2015. The debt conversions have gotten so toxic that the company had to put out a press release last month to calm the markets. Labor Smart said:"The company can also confirm that no conversions of debt into equity have occurred since the company's announcement in December that it had entered into various settlement agreements with note holders. Additionally, the company believes that recent aggressive selling may be related to an attempted but failed conversion request by one note holder, that may have sold shares before delivery. The shares requested under this conversion request have not and will not be issued pursuant to the forbearance agreement."Labor Smart is trying to shore up its financial position and clean up from past mistakes. Last month, Labor Smart sold one branch location to an unrelated 3rd party. The deal, valued at a total of $677,650 was closed on February 19, 2016. The company received $336,000 cash and retained open accounts receivable of $341,605 in the transaction.This follows the company's earlier announcement to sell six Labor SMART branch locations to The Staffing Group Ltd (OTCMKTS:TSGL) a publicly traded company controlled by Labor SMART. The proposed arms-length transaction would be structured as an asset sale in which Labor SMART would receive $1.3 million in cash, $1.3 million in restricted stock of TSGL, and $1 million in a senior secured convertible debenture with a maturity date 24 months from the closing date of the transaction. Labor SMART would retain its open accounts receivable at time of close and would continue to operate its remaining branch locations. The six branch locations included in the sale would continue to operate under the Labor SMART brand and no staff changes would be necessary.The company's goal is to raise cash and clean up its convertible debt and share structure. Labor Smart has just eliminated over $800,000 in convertible notes payable through its structured cash payment agreements with noteholders.Labor Smart needs to clean up its share structure at a much quicker pace. Until it can reduce its outstanding share count, any bounces will be most likely short lived. Trade accordingly!

There are still 8 BILLION SHARES OUTSTANDING. Financial have not been filed since 2015.Why the big run?Because LTNC announced that it will accept Bitcoin and Ethereum for its services. When the company posts some financials as to what those services may be, then we can get excited.Until then, OTC Markets has a STOP sign on LTNC for a reason! It's going to take a lot more than some Tweets to get us excited that this time will be any different for LTNC and its shareholders.

Hot Stocks Right Now SANP

SANP is another hot OTC stock running right now for God knows why. Hot Stocks Right Now SANP Daily ChartDNAX and SANP just did a deal whereby DNAX acquired 70% of the intellectual property (IP) and ownership rights to DNATags®, the remaining 30% will be owned by Santo Blockchain Labs.As a result of the deal, SANP and DNAX both went up. Hot Stocks Right Now DNAX Daily ChartHowever, the result is that SANP now sports a current market cap of $230 million.Meanwhile, DNAX sports a current market cap of just $14.6 million.We understand the excitement around SANP as a crypto play; however, explain to us how the company justifies a $230 million market cap with no financials? We doubt things are any better for the company now than they were in 2018.Has the balance sheet improved?We are eager to find out and then we will change our tune on SANP. Until then, buyer beware!

BOTTOM LINE

These 4 hot stocks right now are on many trader's radar. We tend to call things as we see them, but don't take our word for it. We are not financial advisors.At some point, valuation will matter. In today's market, it doesn't seem to matter. We still believe it's best to own quality penny stocks.On February 19th, the SEC suspended trading in 48 tickers. With the froth in the markets, we expect the SEC to continue with a proactive approach to policing the OTC Markets. Holding stocks with STOP signs carries the risk of an SEC suspension.However, there are always opportunities in the markets by owning quality penny stocks that don't have that risk. That is what we do here at Insider Financial. It’s our job to find winning stocks for our subscribers. Huge gains can be made in such a short amount of time.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)!

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 and does not provide investment advice.Image by Gerd Altmann from Pixabay

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