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Hot Penny Stocks Today: BBKCF HCMC NLST QBAN

Hot Penny Stocks Today: BBKCF HCMC NLST QBAN
Written by
Alex Carlson
Published on
March 4, 2021
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InsidrFinancial

The past few days 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 some bright spots on the OTC Markets. 4 hot penny stocks today are Bigg Digital Assets (OTCMKTS: BBKCF), Healthier Choices Management (OTCMKTS: HCMC), Netlist (OTCMKTS: NLST), and Telco Cuba (OTCMKTS: QBAN).

WHAT’S AN INVESTOR TO DO?

First, it’s important to understand the 3 most important rules of investing.

  1. Buy low.
  2. Sell high.
  3. Don’t be afraid to take profits.

It has been an incredible run for OTC stock investors so far in 2021. We all have made a tremendous amount of money. Investors should have been periodically selling and booking gains.If an investor has not been selling along the way, they got greedy. Plain and simple.With social media, it’s easier now than ever to determine market sentiment. The bullish sentiment just got too extreme. Valuations got too far out of whack. For those that say valuation doesn’t matter, it does.

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 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.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 8113% in ALPP and over 17,400% in TSNPD.It’s also best to own a portfolio of quality OTC 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 stock investors is to look for top OTC stocks today that are still showing relative strength. We are talking about OTC stocks that are holding up well despite the sell-off in the OTC Markets.Furthermore, these stocks are not correlated with the rest of the OTC Markets.What do we mean by this?Investors right now are chasing many of the same names. You talk to any OTC trader and most will tell you they are in TSNPD, ENZC, ALPP, ABML, AABB, LTNC, SANP, etc.This is why it’s so important to always be looking for new ideas and be diversified. A concentrated portfolio of too few names can be very. very painful in the short run and quite distressing for a new OTC investor.

What To Look For?

With vaccines being rolled out and a return to normal likely by the summer, the recent sell-off is a buy-the-dip opportunity in quality penny stocks. Criteria that we use and look for here at Insider Financial include:

  1. Insider ownership
  2. Low floats
  3. Strong leadership
  4. Amazing technology and a competitive advantage
  5. Oversold signals

These are just a few of the screens we use when we identify the best alerts for our subscribers.

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 hot penny stocks today BBKCF, HCMC, NLST, and QBAN to find out what’s behind the move and our outlook for each.[embed]https://www.youtube.com/watch?v=8fQnwLRtorc[/embed]

Hot Penny Stocks Today #1 BBKCF

BBKCF continues to prove that it is one of the best plays for penny stock investors looking to play the Bitcoin boom. Hot Penny Stocks Today #1 BBKCFBBKCF owns Netcoins, the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency. The company just announced that February 2021 daily revenues grew by an impressive 54% Month over Month (MoM), and trading volumes set another consecutive monthly record. Among the highlights:

  • Monthly revenues hit a new record high of ~$1.25 million
  • Monthly Active Users has grown by 41% MoM
  • Assets Under Custody (AUC) has grown 69% MoM
  • Daily verified users (full KYC) grew by 49% MoM
  • Trading margins continue to track above 1%

If you want to own the Coinbase of Canada, BBKCF is the penny stock to buy. The best part is that its current market cap is just $266 million. BBKCF and Netcoins have Unicorn written all over it.

Hot Penny Stocks Today #2 HCMC

HCMC is finally bouncing after selling off for almost 2 weeks. After hitting $.0065, HCMC proceeded to drop 86% before rebounding yesterday. This is why it is so important to book profits and take some money off the table, no matter how great the story is. Hot Penny Stocks Today #2 HCMCHCMC ran as more traders and investors discover the company’s patent infringement lawsuit against Philip Morris USA, Inc. and Philip Morris Products S.A. in connection with their product known and marketed as “IQOS®.” The lawsuit was filed in the United States District Court For the Northern District Of Georgia.HCMC’s lawsuit includes claims that Phillip Morris is infringing HCMC’s patent rights in connection with IQOS®, an alternative tobacco product marketed and sold by Phillip Morris. Philip Morris claims that it is currently approaching 14 million users of its IQOS® product and has reportedly invested over $3 billion in its smokeless tobacco products. Philip Morris has been very open about their ongoing transition from traditional fully combustible cigarettes to their modified risk tobacco products, including IQOS®.We told our subscribers last month that HCMC was a lotto pick depending on the outcome of the case, which you can read here. It could be a home run (multi-billion-dollar judgment) or a dud.At the time of our last article, we said that investors need to keep in mind that there are 194,780,848,017 shares outstanding. Unfortunately, things have gotten worse because there are now 300,334,508,856 shares outstanding giving the company a market cap of $510 million.However, the lawsuit does have serious merit as HCMC is being represented by Cozen O’Connor, one of the top IP litigation firms in the world, which you can read about here.You can also see that the Attorney filing the lawsuit is Barry Golub, the Co-Chair of Cozen O’Connor’s IP Litigation Department. He would not be attaching his name to such a high-profile lawsuit against a Fortune 500 company if he didn’t think he could win. Lawyers like Barry Golub only go for the high-profile cases that will get headlines and big-dollar verdicts.We have HCMC listed as a penny stock to buy as a dead cat bounce play due to its rampant shareholder base on Reddit, Stocktwits, and Twitter.

Hot Penny Stocks Today #3 NLST

NLST is running after posting huge numbers in 2020. Hot Penny Stocks Today #3 NLSTNet sales for the full year ended January 2, 2021, were $47.2 million, compared to net sales of $26.1 million for the full year ended December 28, 2019. Gross profit for the full year ended January 2, 2021, was $6.7 million, or 14.3% of net sales, compared to a gross profit of $2.6 million, or 9.8% of net sales, for the full year ended December 28, 2019.Net sales for the fourth quarter ended January 2, 2021 were $11.5 million, compared to net sales of $9.4 million for the quarter ended December 28, 2019. Gross profit for the quarter ended January 2, 2021 was $1.5 million, or 12.7% of net sales, compared to a gross profit of $1.4 million, or 15.3% of net sales, for the quarter ended December 28, 2019.As of January 2, 2021, cash, cash equivalents, and restricted cash was $16.5 million, total assets were $25.3 million, working capital was ($2.7) million, total debt and accrued interest, net of debt discount, was $20.9 million, and stockholders' deficit was ($2.6) million.

"During 2020 revenue grew by 81%, gross profit dollars improved by 162%, and operating expenses decreased by 3.5%, resulting in a 42% improvement to the bottom line compared to the prior year," said Netlist's Chief Executive Officer, C.K. Hong. "For 2021 we are well-positioned to execute on the product business and our intellectual property initiatives. We look forward to the resumption of the Google case and the SK hynix jury trial."

Last July, the US Court of Appeals for the Federal Circuit affirmed the U.S. Patent Trial and Appeal Board’s decision upholding the validity of Netlist’s U.S. 7,619,912 (‘912) patent that applies to DDR server memory modules. The decision is final and binding on future cases and represented a resounding win for Netlist.

“For ten years Netlist has steadfastly opposed Google’s misguided campaign to invalidate the ‘912 patent,” said Netlist’s CEO, C.K. Hong. “We are very pleased that in the end the appellate court made it clear that the claims of this seminal patent are indeed valid and in so doing, further vindicate our decade-long defense of the company’s strategic intellectual property. We will now move to lift the stay in the patent infringement lawsuit against Google in the U.S. District Court for the Northern District of CA., in order to recover current and past damages related to the ‘912 patent.”

The (‘912) patent is a seminal patent; an invention so impactful that it creates or shifts the technology space. This ruling has much larger implications which will more than likely set the tone for other settlements long overdue here. Netlist holds a portfolio of patents including over 130 issued and pending U.S. and foreign patents, many seminal, in the areas of hybrid memory, storage class memory, rank multiplication, and load reduction, among others.NLST has catalysts ahead that can keep the momentum in the stock going.View on Twitter/X

Hot Penny Stocks Today #4 QBAN

QBAN has quickly become a volume leader on the OTC Markets after catching the attention of one of the most influential OTC traders, Alexander Delarge.View on Twitter/XQBAN is a holding company specializing in the acquisition of high-value technology-related companies, currently comprised of the following subsidiaries: Amgentech, Inc. - Provides software development, colocation, hosting, and infrastructure services. Naked Papers Brands, Inc. - Sells and distributes a high-end brand of tobacco rolling paper to consumers. Advanced Satellite Systems, Inc. - Provides Cable television, Internet, and VoIP phone service in Volusia and Flagler County. Hot Penny Stocks Today #4 QBANWith a current market cap of just $19 million, QBAN has more room to run as more traders and investors discover this hot penny stock today. QBAN has penny written all over it.

BOTTOM LINE

As we keep saying, there are always opportunities in the markets and it’s our job to find winning penny stocks to buy. Huge gains can be made in such a short amount of time.If you like any of these 4 hot penny stocks today 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 penny stocks that have yet to run. There are plenty of opportunities out there and we look at hundreds of penny 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 Manuel Alejandro Leon from Pixabay

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