Wall Street continued to rally on Friday, concluding the best week since July, with the S&P 500 adding about 1.8%. The OTCQX Composite, which tracks over 400 OTC stocks, has also been bullish and bounced back from the lowest since July.
The earnings season started with some upbeat data, which improved investor sentiment. While we don’t expect another February craze right now, it’s good to see the market reviving after some bearish weeks.
Meanwhile, the US reported positive retail sales data, with sales at stores, restaurants, and other retail establishments increasing 0.7% last month from August instead of declining, as economists forecast.
Sameer Samana, a senior global market strategist at Wells Fargo Investment Institute, said:
“We saw retail sales this morning come in pretty strong. Stocks are still at pretty reasonable valuations with another earnings season having just ticked on, and thus far at least, some pretty good results.”
Previously, stocks declined on worries about high inflation and the surging number of COVID cases caused by the Delta variant.
Now that the Fed’s plan to reduce its bond-buying program has already been priced in, stocks are free to go higher, and we’re focused on identifying the best OTC stock opportunities.
OTC STOCKS THE PLACE TO BE
Smart investors know that if you want to make big money off a small account, the place to be is the OTC Markets. There are many good OTC stocks that can boost your portfolio’s value in the long term. For investors, we preach the key to trading penny stocks is finding momentum BEFORE it happens and ahead of the crowd.
We alert our subscribers with our best ideas before our regular readers. This is the value of having a subscription to Insider Financial, which you can sign up for here.
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 penny 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.
In this article, we look at 4 OTC stocks that will greatly reward patient investors, three of which are trading near three pennies. They are Alpine 4 Holdings, Inc (OTCQB: ALPP), APT Systems, Inc (OTCPK: APTY), Priority Aviation, Inc (OTCPK: PJET), and Sycamore Entertainment Group, Inc (OTCPK: SEGI).
OTC STOCK #1 ALPP
Last week, we reported that Alpine 4 Holdings, Inc was rallying on expectations that the OTCQB stock would soon get uplisted on NASDAQ. The company announced on Thursday that its application had been approved. The stock has extended the rally, gaining over 40% since last week and doubling in price since mid-September. Now you can buy ALPP for $4.70, but there is still much room for growth.
The share price peaked in February at over $8 and has consistently declined since then, but it recently broke above the resistance line of the bearish trend after bottoming out on September 30 when it fell to the YTD low near $2.20.
ALPP has been a great success for our subscribers. We first paid attention to this stock in February 2020, when the share price was just $.075 a share.
ALPP owns and acquires businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. It provides electronic contract manufacturing solutions in the US. The company also offers automotive technologies, including 6th Sense Auto and BrakeActive.
The company also provides fabricated metal parts, assemblies, and sub-assemblies to original equipment manufacturers. It also designs, fabricates, and installs dust collectors, commercial ductwork, kitchen hoods, industrial ventilation systems, machine guards, architectural work, water furnaces, and others, as well as specialized spiral ductwork.
Recently, the company developed its blockchain-enabled Enterprise Business Operating System called SPECTRUMebos.
ALPP’s aerospace business, Vayu, Inc., is developing aircraft, conducts research, tests markets, and builds relationships with early adopters, suppliers, and regulatory authorities around the globe.
Last week, the company confirmed that it was approved to be listed on Nasdaq Capital Market on October 20. ALPP CEO Kent Wilson, CEO said:
“This has been a long-anticipated event, and I can state enthusiastically that we are very pleased to be joining Nasdaq. I want to say thank you to all our hard-working employees and shareholders who helped make this day possible!”
— Alpine 4 Holdings, Inc. (@alpine4holdings) October 14, 2021
Meanwhile, the company promoted Larry Zic from Chief Accounting Officer to Chief Financial Officer and appointed Mike Loyd to the Board of Directors and to become Chair of the Audit Committee. ALPP is getting more and more support and visibility on social media and among institutions, and we expect it to continue the rally and break above $10 very soon.
$ALPP 🏆 it’s time to Embrace Change my friends.
– Mutual Finds
– Pension Finds
– Institutional investors (there’s 5 here already)
They’re all coming to gobble up these shares in double digits on the Nasdaq my friends….
— shareslanger (@shareslanger) October 14, 2021
OTC STOCK #2 APTY
APT Systems, Inc has been on the rise, increasing by over 30% since last week. The company is about to obtain the Pink Current status as it filed the financial reports and presented the Attorney Letter. APTY peaked on Thursday at $0.0287, which is the highest in about five years. The share price has almost doubled since we reported on APTY for the first time in June.
The $66 million software development and fintech company is working on a trading platform, a gold and USD-backed stablecoin, and payments and escrow infrastructure, among others.
Earlier this month, the company provided some updates on the development of its Verifundr, an escrow services ecosystem powered by blockchain. The platform will allow participants to transfer dollars, store funds in escrow in order to bind contracts, and later pay others from the credited funds anywhere in the US.
APTY President and CEO said:
“An elite team of digital strategists is working on Verifundr to build the visual interface that coincides with our technical documentation. The visual interpretation places a user-friendly frontend on our powerful escrow service which is designed to transfer US dollars or our Spera stablecoin to complete transactions.”
The platform employs smart contracts, which are blockchain-based, self-executing programs that can settle agreements between two or multiple parties without the need for a centralized authority.
In its latest quarterly report, APTY said that it had focused on building a financial ecosystem around escrow and trading services that would be backed with a true stablecoin called Spera (SRA). The goal is to provide a trusted ecosystem and stablecoin to support buyers and sellers while reducing friction and fraud in financial transactions. Besides developing Verifundr, APTY is also rewriting the whitepaper for Spera to incorporate gold as partially backing the stablecoin along with the USD.
Meanwhile, APTY operates two active businesses:
- SNAPT Games Inc – the management likes graphic techniques used in the gaming industry and decided to selectively introduce these to its financial platforms and charting tools. Still, the company has not generated any significant revenues from the release of any SNAPT Games apps to date.
- AUREX Trading and Recovery Inc – this division accepts and processes electronic scrap for recovering precious metals and to help ensure that computers, phones, and other electronic equipment do not end up in landfills.
APTY is almost Pink Current and ready to go higher. Be prepared for an ambitious bullish move once the company launches its blockchain-based platform and stablecoin.
— Brendon Jones (@Bjones955) October 16, 2021
OTC STOCK #3 PJET
Priority Aviation, Inc is another OTC stock trading at the highest level in many years. PJET has surged by 174% since mid-September to trade at $0.027. We drew attention to PJET at the end of September when the price was fluctuating near $0.017.
On Thursday, the company said that it had redirected its business operations and plans to announce the new business direction next week. It will provide details on the work that has been underway for the last year on building the new business. The new business direction announcement is scheduled for Thursday, October 21, 2021.
The company’s name stems from the previous jet leasing business. Subsequently, the company acquired a cannabis business but never reached critical mass.
Recently, the majority shareholder of PJET, ACI Conglomerated, has decided on a new business direction outside the cannabis industry. ACI is also the majority shareholder of North American Cannabis Holdings, Inc. (OTCPK: USMJ) and Puration, Inc (OTCPK: PURA). With two businesses already in the cannabis marketplace, ACI is diversifying with PJET.
“The company is developing a technology solution to serve a global and underserved marketplace. The company is also in discussions to acquire a physical asset that will be used to test, refine, and demonstrate the technology currently under development while generating revenue at the same time.”
PJET got the Pink Current status, has a new website, and is ready to adopt a new business that will surely add value to its $20 million cap, so we’re very bullish at this point. PJET is a discount entry opportunity at these levels.
OTC STOCK #4 SEGI
Another OTC stock that has been on the rise is Sycamore Entertainment Group, Inc, which has surged by over 240% since mid-September to trade at $0.034. The share price peaked on Friday at $0.037, which is the highest level since the end of April. SEGI’s price has more than doubled since the last time we covered the OTC stock at the end of August, which proves once again our commitment to identify the best opportunities in the OTC markets.
SEGI is an independent distribution and marketing company focused on the acquisition, distribution and development of marketing campaigns for well-researched, cost-effective filmed entertainment. The company plans to participate in all revenue streams related to filmed entertainment content distribution as well as all activities related to funding the print and advertising (P&A) of acquired feature films. It will also engage in film productions based on specific investment criteria.
Sycamore developed the brand and accompanying website Segi.tv to deliver its content through Over Top (OTT) connected platforms such as ROKU, Amazon Firestick, Samsung IOS, and Apple TV.
At the end of last month, SEGI completed the audit of its annual financial statements for the fiscal years ending December 2019 and December 2020. The company’s auditor, Sadler, Gibb & Associates LLC – CPAB and PCAOB registered accounting firm – completed the company’s financial statements within the guidelines of Generally Accepted Accounting Principles, (GAAP).
On Monday, SEGI appointed Alfred “Chip” Sloan and Jason You to the board of directors. Sloan will head up the new Compensation Committee and You will lead the new Audit Committee.
Alfred “Chip” Sloan has more than 20 years of experience in sports law and has worked at the top law firms and agencies in both New York and Los Angeles, leading each of them in their sports practices and initiatives.
Chip began his work at the Beverly Hills Sports Council in Los Angeles. His unique and diverse background as a sports agent and sports attorney gives him an unmatched range of experience across global sports, media, and entertainment.
Jason You is a graduate of the University of California, Berkley in chemical engineering. As the utilities engineer at the Boehringer Ingelheim group – one of the world’s largest pharmaceutical companies – he utilized his analytical skills to create solutions that alleviated Boehringer Ingelheim’s electrical crisis and solved issues that had been plaguing the company for years.
SEGI got the Pink Current status a few months ago and is looking to expand, especially as the pandemic has been driven demand for streaming and video content services.
SEGI also has a major supporter in Meek Mill with his millions of followers.
Segi stock carrying 💎💎💎💎💎💎💎💎💎💎💎
— Meek Mill (@MeekMill) October 15, 2021
THE FINAL NOTE
All of the 4 OTC stocks discussed today are on the rise and are good stocks to hold. Nevertheless, our best advice is to be patient and enter the market during corrections. Buying dips and selling rips as swing trades remains the best strategy in the penny stock market. Still, whenever a penny stock is in the middle of a bull run, we recommend our subscribers to book profits.
It’s very important to eye the best OTC stocks that have room for growth and have yet to make their explosive move. There are plenty of opportunities, and we take our time to monitor hundreds of penny stocks to buy each week, trying to find the best alerts for our subscribers.
Remember, all you need is one or two penny stocks to succeed in order to crush the market averages.
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.