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4 Top OTC Stocks: AABB IPNFF MINE UAMM

4 Top OTC Stocks: AABB IPNFF MINE UAMM
Written by
Alex Carlson
Published on
March 16, 2021
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InsidrFinancial

The past few weeks have been hard on many traders. Most are looking at a sea of red in their portfolios. This happens when you invest. Markets go up. Markets go down. But there are still plenty of opportunities on the OTC Markets. 4 top OTC stocks are Asia Broadband (OTCMKTS: AABB), ImagineAR (OTCMKTS: IPNFF), Minerco (OTCMKTS: MINE), and UA Multimedia (OTCMKTS: UAMM).

HOW TO TRADE TOP OTC STOCKS

First up, it’s important to understand that trading OTC stocks are not the same as trading blue chips. OTC stocks are subject to enormous volatility like what we have witnessed over the past week or so.This is why we have preached over and over again on our Insider Financial YouTube channel to book profits along the way. We warned our subscribers to not get greedy or get caught up in the diamond hands/paper hands BS.

PLAN OF ACTION

There are two choices for investors right now because selling is not an option.One, investors can do their homework and look for OTC stocks that haven’t run yet. This is what we do at Insider Financial. We scan through hundreds of OTC stocks each week looking for the best alerts for our subscribers.We preach the key to trading penny 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.We got our subscribers in early on TSNPD, 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 5553% in ALPP and over 10,937% in TSNPD.It’s also best to own a portfolio of penny stocks. For some that can be as many as 10 to 20 or more OTC 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.The second move for OTC investors is to look for OTC stocks that were runners before and present dip-buying opportunities.What do we mean by this?The foundation of a great fortune is built during bear markets when there is blood in the streets. This selloff is when you want to be putting cash to work by buying quality OTC stocks. These are OTC stocks that were runners in the past and will run to new highs again.

YOU MUST LEARN TO EARN!

We try to help as much as we can, but in the end, it’s all up to you. You are running your own trading business.Investing is not a team sport.The purpose of what we do here at Insider Financial is not only to find winning alerts but also to teach. But we are just one resource. There are other resources as well.For instance, if you want to day trade, we recommend the folks at True Trading Group, which you can check out their live streams here. They have a chat room as well as a ton of educational resources for their members.The one negative about True Trading Group is that they don’t cover OTC stocks much. However, the good news is that we specialize in OTC stocks here at Insider Financial. In this article, we take a look at 4 top OTC stocks AABB, IPNFF, MINE, and UAMM to find out what’s behind the move and our outlook for each.[embed]https://www.youtube.com/watch?v=N5AE7CN9PH8[/embed]

Top OTC Stocks AABB

AABB is a play on the crypto boom with the company's AABB Gold token (AABBG) backed 100% by physical gold held by the Company in several high security, private locations in Mexico. AABB Daily ChartIn the latest update from AABB, the Company will continue to back the token 100% by additional physical gold acquired from future mining production and gold purchased from cash reserves or credit. The initial token release will be backed by $30 million in physical gold the Company currently holds.At today’s market price of gold, this initial token release will be approximately 5.5 million tokens at the one-tenth (0.1) gram of gold price for each AABBG token. The token price will also be tied to and supported by the Company at the market price of gold at a minimum. As the price of gold fluctuates, the minimum supported price of the AABBG token will increase or decrease, but the potential upside price of the token will be driven by market demand.AABB is also in the process of acquiring a historic gold mine property with on-site processing facilities in the prolific mining region of Mascota in Jalisco, Mexico. The 200-hectare property, located approximately 3 km from the community of Navidad, has two mine sites, existing infrastructure, and a 50-ton per day processing facility operating on 25 hectares of the property. The Company has been strategically broadening its initiative to acquire gold production and increase the AABB’s physical gold holdings.In the coming weeks, the Company will be conducting further due diligence and continuing its negotiations to acquire the estimated $30 million property. All efforts are underway to accelerate this turnkey acquisition in order to rapidly advance AABB into production and begin an expansion program. The Company anticipates negotiating a definitive agreement to acquire the property in the very near future and will release additional location details, photos, and mineralization information at that time.We like the fact that AABB is very profitable. Last year, AABB posted around $16 million in gross profits.

Top OTC Stocks IPNFF

IPNFF is an emerging play on the NFT boom. IPNFF Daily ChartImagineAR is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds.The company has just teamed up with Liquid Avatar Technologies (OTCMKTS: TRWRF) to form Oasis Digital Studios. Oasis is an agency supporting the development of AR Enhanced Non-Fungible Tokens (NFTs) together with listing, marketing, management, and other creative, avatar, and digital icons, technology, and blockchain services. The NFT artist and talent program offering is expected to launch in early April 2021.A Non-Fungible Token or NFT is a digital asset that represents a wide range of tangible and intangible assets like digital and conventional artwork, collectibles, memorabilia, and other items. However, unlike typical NFTs which are generally digital video or images that represent "moments in time" like an NBA Top Shot or piece of artwork, Oasis will be creating and deploying embedded AR "triggers" in each Oasis supported NFT, and to support and introduce NFT programs, brands, and participants. This will allow users to engage in enabled immersive and "living" shareable experiences through the Liquid Avatar Mobile App and AR-enabled websites. IPNFF CEO Alen Paul Silverrstieen said:

"David Lucatch, CEO of Liquid Avatar, and I have a long track record in the sports, entertainment, collectible, and memorabilia industries. Oasis is the culmination of our decades of experience and professional relationships to deliver world-class AR-activated NFTs to be experienced in the Liquid Avatar Mobile App."

With an estimated $340 million in NFT sales in the past month alone, IPNFF has enormous potential with a market cap of just $75 million.

Top OTC Stocks MINE

What’s exciting about MINE is that it’s a play on two of the hottest sectors right now – psychedelics (magic mushrooms) and blockchain (Bitcoin). MINE Daily ChartMINE just acquired WLCCO Inc, a white label CBD company that generates approximately $2.5 million in annual revenue. This strategic purchase includes crucial equipment, increasing micro-dosed psilocybin tablet production capacity by 1 million units daily. In markets where psilocybin is not legal, Minerco will manufacture medical mushrooms including Chaga and Lion Mane as legal alternatives.Minerco leadership announced the company's four critical goals at the Sankofa Shareholder and Vision Summit held on January 24, 2021:

  • Retire Debt
  • Acquire the equipment necessary to manufacture 1 million microdots daily
  • Launch anticipated blockchain token SHRU
  • Acquire a U.S. location to maximize operations both domestically and globally

On February 16, 2021, the company announced a full settlement of the debt to EROP capital. As of March 1, 2021, the company successfully launched its Blockchain token SHRU and payment application SHRUCOIN Pay. With the acquisition of WLCCO, Minerco leadership can now say that they have achieved three out of the four goals laid at the Summit with the acquisition of WLCCO.With the company continuing to execute, MINE is a buy-the-dip opportunity.

Top OTC Stocks UAMM

UAMM is running as this Pink current just laid out its crypto plans. UAMM Daily ChartAmong the highlights:

  • UAMM is in negotiation to acquire a controlling interest in a small crypto exchange.
  • The company canceled 70M restricted shares of its Common stock, reducing the total outstanding shares by 19% to 305.6M.
  • UAMM aims to fulfill all requirements and uplist to OTCQB as soon as practicable.
  • The company is looking to get into the NFT space.
“The recent rise in cryptocurrency momentum in general and Bitcoin, in particular, have presented a wide variety of business opportunities for UA Multimedia,” stated Michael Lajtay, interim Chief Executive Officer. “If properly implemented, applications using blockchain and Ethereum can disrupt many existing ways we currently conduct businesses. Our goal is to improve functionality and create values by exploiting these technologies."

While we wait for more details on the company's crypto plans, we like the fact that it reduced the outstanding share count and is working on uplisting. With a market cap of just $38 million, UAMM has more room to run.

BOTTOM LINE

As we keep saying, there are always opportunities in the markets and there are still OTC stocks to buy. Huge gains can be made in such a short amount of time.If you like any of these OTC stocks and have missed the move, our best advice in these tough times is to be patient and throw bids in below the market. Buying dips and selling rips as swing trades remains the best strategy in these markets.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 top 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)!

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 Klaus Dieter vom Wangenheim from Pixabay

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