The latest OTC stock news has not been good for a penny stock investor’s portfolio. We are all looking at a sea of red. Stocks go up and then go down, but it seems lately all they do is go down.
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 markets are why this is so important. Bull and bear markets never last forever. You always have to be prepared for the next one.
Right now, the OTC stock news is bearish. We are in a bear market in spite of the DOW and S&P 500 hitting new record highs. SPACs are down. Penny stocks on both the NASDAQ and OTC Markets continue to disappoint overall.
This is a far cry from last year when for the first half of 2020, it was much more profitable to trade NASDAQ penny 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.
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 this 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.
OTC STOCK NEWS: YOU NEED A 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 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 got our subscribers in early on HMBL, 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 HMBL.
It’s also best to own a portfolio of penny stocks. For some that can be as many as 10 to 20 or more penny 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 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.
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 stock here at Insider Financial.
In this article, we take a look at the latest OTC stock news on BIGG Digital Assets (OTCMKTS: BBKCF), Golden Triangle Ventures (OTCMKTS: GTVH), Healthier Choices Management (OTCMKTS: HCMC), and AppSwarm (OTCMKTS: SWRM).
OTC Stock News BBKCF
BBKCF has been a favorite of ours here at Insider Financial since it was $1, which you can read here.
We said that BBKCF is one of the best plays for penny stock investors looking to play the Bitcoin boom. BBKCF owns Netcoins, the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency.
BBKCF owns the Coinbase of Canada. This is why the stock closed higher last week. It’s a cheaper way to play Coinbase as it has a current market cap of just $690 million compared to $85 billion for COIN.
BBKCF is a must-own for investors looking to play the crypto boom.
OTC Stock News GTVH
We said that GTVH was an OTC stock to invest in on March 30th when shares were just $.20, which you can read here.
GTVH proceeded to run to $.90 before taking a big dump on Friday. We discussed this last weekend in our OTC Markets outlook and said that this was the result of someone foolishly dumping their entire position in the final hour of trading on Friday.
Those that listened saw GTVH start the week at $.40 and close at $.65 a share!!
The latest OTC stock news from GTVH is that the company executed a formal Letter of Intent with Robert DuBose to purchase the remaining 49% of HyFrontier Technologies, Inc., giving Golden Triangle Ventures 100% ownership of the Technology Company upon final execution of a formal purchase agreement.
Steffan Dalsgaard, CEO of Golden Triangle Ventures, states, “We are incredibly excited for the future of our business as we get close to formalizing a full acquisition of HyFrontier Technologies. I believe that this achievement will show the world that both entities are committed to each other which we believe is paramount to the future of this business. Bo is one of the most genuine and brilliant individuals I have ever had the pleasure to work with, and I consider him a true friend and partner of mine. We have been working towards this goal for quite some time now and I believe that accomplishing this transaction will greatly benefit all of our shareholders who have supported us. Bo and I have so much invested into this amazing technology and we are very excited to form a true marriage between Golden Triangle Ventures and HyFrontier Technologies in the near future.”
We still see GTVH as being cheap with a market cap of just $34 million and only 10 million shares in the float.
OTC Stock News HCMC
HCMC has found strong support off the $.001 level and we saw a nice bounce to end the week.
HCMC ran earlier this year as more traders and investors discovered 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®.
The latest OTC stock news from HCMC is its Q4 and full-year results from 2020. The highlights:
- Net sales from continued operations for the year ended December 31, 2020, amounted to $13.9 million, compared to $15.1 million during the same period last year.
- Gross profit from continued operations decreased by $0.7 million for the year, resulting in a year-end amount of $5.8 million, compared to $6.5 million for the same period last year.
- Operating expenses as a percentage of sales decreased 16% in the fourth quarter versus the prior year. For the year ended December 31, 2020, operating expenses as a percentage of sales decreased 6%, reflecting the continued reduction of corporate administrative expenses.
- Adjusted EBITDA for the twelve months ended 2020 improved approximately $0.5 million compared to the prior year.
HCMC has also just relaunched its Vitamins and Supplements Online Store at thevitaminstore.com.
OTC Stock News SWRM
SWRM ran 127% on Friday as the stock is now a play on the hottest cryptocurrency out there, Dogecoin.
The OTC stock news from SWRM is the official launch of http://dogelabs.io/ to develop commercial applications around the Dogecoin blockchain protocol.
DogeLabs.io will embark on application research, seminars, blockchain workshops, and will utilize its video conferencing capabilities to bring together global minds and developer insights around the Doge community.
DogeLabs, in conjunction with TulsaLabs.io, is also launching a startup accelerator that will assist in providing access to seed funding, training, and mentorship to blockchain startups to help them pass successfully through the early stages of business growth.
SWRM will be announcing new members to its blockchain advisory board in the coming weeks as the company embarks on building a blockchain development consulting and research firm headquartered in Tulsa, OK.
We see SWRM as a great way to play Dogecoin, especially when you consider that SWRM has a market cap of just $28 million compared to Dogecoin’s $34 billion market cap. Investors are looking for cheaper ways to play Dogecoin and SWRM fits right into that category.
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.