There wasn’t much to get excited about to start the trading week on Monday. However, there were a few OTC stock market movers worth talking about. In this article, we take a look at OTC stock market movers American Diversified Holdings (OTCMKTS: ADHC), Discovery Minerals (OTCMKTS: DSCR), Enzolytics (OTCMKTS: ENZC), and HUMBL Inc (OTCMKTS: HMBL).
What’s Happening On The OTC Stock Market?
Right now, the OTC stock market is in a bear market despite the DOW and S&P 500 hitting new record highs. SPACs are down. Penny stocks on both the NASDAQ and OTC Markets continue to sell off overall.
However, we can’t complain. Anyone that has been investing in penny stocks knows that November to February was one of the greatest runs ever. In our 30 years of investing, we never saw so many 1000% runners. There was a new 10-bagger every week.
But anyone that has followed our YouTube channel knows, we have said over and over again to always book profits. Today’s OTC stock market is why this is so important. Bull and bear markets never last forever. You always have to be prepared for the next one.
As we know from our almost 30 years of trading OTC Stock Markets, OTC stocks can turn on a dime and get running again like with the recent 2085% run in Regen BioPharma (OTCMKTS: RGBP), which we talked about in-depth here, and last week’s 600% move in Sysorex (OTCMKTS: SYSX).
Those that give up and abandon hope, miss out on runners like RGBP and SYSX. No one ever said trading and investing is easy. If it was, everyone would be doing it and be rich.
YOU NEED A PLAN OF ACTION FOR THE OTC STOCK MARKET
There are two choices for investors right now because selling is not an option.
One, investors can do their homework and look for penny stocks that haven’t run yet. This is what we do at Insider Financial. We scan through hundreds of penny 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 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. Most have taken money off the table at higher prices and can use those profits to buy the dips. By taking money off the table, some now have a bigger position than before.
The second move for investors is to look for penny 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 penny stocks. These are penny stocks that were runners in the past and will run to new highs again.
OTC Stock Market Mover ADHC
ADHC started the trading week off by registering a new 52-week high. This makes ADHC an OTC stock market mover worth talking about.
ADHC logged new highs after announcing that the company’s subsidiary, Universal Crypto Holding is to be split off into a new public company. Shareholders of ADHC will receive shares in the new entity in the form of a shareholder dividend.
Management said that it has been meeting with legal counsel to structure the transaction and it is anticipated that upon completion of the cryptocurrency acquisition steps will then be taken to effectuate the spin-off of Universal Crypto Holding into a separate publicly-traded company.
Shareholders of ADHC, upon the Dividend Date, will receive shares in the new entity in the form of a shareholder dividend. It is expected that this transaction should be completed by the end of July 31st.
Further helping to drive the rally in ADHC is that the company has a current market cap of just $25 million. There are 866 million shares outstanding and just 330 million shares in the float. ADHC has also said that there will be NO reverse stock split.
OTC Stock Market Mover DSCR
DSCR is another OTC stock market mover trading at the highs.
Last week, DSCR agreed to acquire the Ruby Mine from Sierra Gold LLC. Discovery’s geologists have commenced generating a 3-D model of the property and workings as well as geological evaluation and assessment of all known existing resource targets.
The Ruby is one of California’s best-known buried placer mines and is considered by many to be one of the largest producing river channel mines of modern times. It features a system of gold-bearing Tertiary channels which have been reported to have already produced over 250,000 ounces of gold.
The Ruby is also renowned for its production of coarse and jewelers-grade gold, with the largest gold nugget weighing 201 ounces or 17 pounds. It is conservatively estimated that 134,844 ounces of gold are available for near-term recovery from identified channels using the existing Ruby infrastructure.
There are 3.5 miles of river channels yet to be mined on the Ruby mining claims. Historically the channels have produced up to 106,000 oz per mile, indicating a potential of 370,000 oz of gold still to be mined from the buried placer.
The Ruby Mine covers approximately 1,755 acres consisting of the subsurface mineral rights and mining claims. Russel Smith CEO of Discovery Minerals Ltd commented:
“We are extremely happy to complete our agreement with Sierra Gold LLC. to acquire The Ruby Mining claims and commence mining operations on this historic project. While Ruby has been one of the most prolific mines in California, what is so extraordinary is how much of the claims are virtually unexplored. The combination of already identified near-term mining targets with the largely unexplored greenstone belt provides significant potential for additional gold reserves. We will bring new technology and geological survey process to Ruby that we believe will quickly identify new mining targets.”
The Ruby is fully permitted for mining operations and there is over $3.5M in equipment and infrastructure already in place which includes a fully operational treatment facility. The property also features an excellent system of roads, and is accessible via paved highway from Reno or Sacramento, has abundant water and timber available for mining use, and has PG&E power available on-site.
The Ruby is certainly an exciting mine and we look forward to more updates from DSCR as the company hunts for gold.
OTC Stock Market Mover ENZC
ENZC is finally bouncing after the company out an update yesterday.
We first told our subscribers about ENZC back in October when the stock was just $.014 a share, which you can read here. We went into detail about how important monoclonal antibodies are.
Yesterday’s update from ENZC reiterated the importance of monoclonal antibodies in the treatment of HIV and COVID-19.
We are proud of the significant advances we have made in the development of Monoclonal Antibodies for treating Covid-19. We have reported that the Monoclonal Antibodies being produced by the Company will target immutable, conserved sites on SARS-CoV-2 (Coronavirus) that exist on the variant strains of the virus from the UK, Brazil, and South African.
Clinical trials are planned for the Company’s patented anti-HIV therapeutics ITV-1. The Company’s partners will fund the total cost of the Clinical trials under the European Medicine Agency standards and the application cost for the EMA permit for the Company’s ITV-1 patented therapeutics for treating HIV.
Under the Mutual Recognition Agreement between the EMA and the FDA, the Company believes that issuance of the EMA permit for the ITV-1 compound could qualify ENZC’s treatment for recognition by the FDA. IMBL has entered negotiations to engage a CRO to begin the clinical trials required under EMA standards.
ENZC has many catalysts in the works. All it takes is one to hit and ENZC is off and running again.
OTC Stock Market Mover HMBL
HMBL dropped 36% on $80 million in trading volume.
There are 3 reasons for this drop:
- HMBL is a crypto play and investors are selling crypto stocks after the Bitcoin selloff over the weekend.
- Investors got spooked by a short and distort article from short-seller Gold Panda on Seeking Alpa.
- Investors not understanding the Series B preferred shares.
Here is why investors should not be concerned.
- Stocks go up. Stocks go down. Bitcoin goes up. Bitcoin goes down.
- Gold Panda has been short HMBL since December when the stock was just $.68 a share. HMBL then ran to $7.72. Is this the guy you really want to be listening to?
- On December 3, 2020, HUMBL, LLC merged with TSNP in what is accounted for as a reverse merger. Under the terms of the Merger Agreement, HUMBL LLC exchanged 100% of their membership interests for 552,029 shares of newly created Series B Preferred Stock. The Series B Preferred shares were issued to the respective members of HUMBL LLC following the approval by FINRA of the one-for-four reverse stock split of the common shares and the increase in the authorized common shares to 7,450,000,000 shares.
The Series B preferred shares are all owned by HUMBL insiders. 75.86% of all outstanding shares (including if Series B shares are converted to common) in HUMBL are held by insiders.
Folks, these are the ones working day in and day out to make HUMBL a success. CEO Brian Foote, his family, and his team have the most to gain and the most to lose with HUMBL.
All we can say ( we are not financial advisors) is BTFD!!
As we keep saying, there are always opportunities in the markets and it’s our job to find winning penny stocks for our subscribers. Huge gains can be made in such a short amount of time.
If you like any of these 4 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 in the penny stock market.
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 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.