The past few days have been hard on many traders. We are all looking at a sea of red in our portfolios. This happens when you invest. Markets go up. Markets go down. But there are still some bright spots on the OTC Markets. 4 OTC Stocks to watch now are NOHO Inc (OTCMKTS: DRNK), Net Savings Link (OTCMKTS: NSAV), Quest Patent Research (OTCMKTS: QPRC), and AppSwarm (OTCMKTS: SWRM).
WHAT’S AN INVESTOR TO DO?
First, it’s important to understand the 3 most important rules of investing.
- Buy low.
- Sell high.
- 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 TO 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 TSNP, 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 9633% in ALPP and over 19,900% in TSNP.
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 quality OTC stocks that are still showing relative strength. We are talking about OTC stocks that are holding up well in the sell-off. This indicates that there’s a strong shareholder base that is not pressured to sell.
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 TSNP, ENZC, ALPP, ABML, AABB, HCMC, 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.
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 OTC stocks to watch now DRNK, NSAV, QPRC, and SWRM find out what’s behind the move and our outlook for each.
OTC Stocks To Watch Now DRNK
DRNK has been around for quite some time. Many investors have stayed away because of the STOP sign on OTC Markets. However, that’s a mistake because an OTC stock that is behind on its filings, but is working to get current can be some of the best runners you will find on the OTC Markets. DRNK is certainly one of these as evidenced by the chart below.
DRNK is doing a deal with Sibannac (OTCMKTS: SNNC) whereby Sibannac will purchase the intellectual property of NOHO, consisting of its trademark and proprietary formulations, but NOHO will retain the use of its name and branding, through a separate license agreement, as it moves into production of new consumer products. Sibannac will issue up to $2.8 Million Dollars of Sibannac warrants at a strike price to be determined. Sibannac will register the warrants and issue the same to NOHO in the transaction.
In turn, NOHO will acquire Vestra, LLC, an Arizona company, wholly-owned and managed by Sibannac, established as a special purpose company for the ownership of a Sibannac created Delta 8 THC brand – RaD8.
NOHO’s CEO, David Mersky, will retire Ten-Million shares of his personal holdings of NOHO’s Class B Convertible Preferred stock to NOHO’s treasury, allowing the company to use the shares to purchase the brand.
As a result of the transactions, NOHO shareholders will receive a dividend of Sibannac warrants and, as a result of Mr. Mersky’s contribution of his personal holdings to NOHO’s treasury of preferred stock, there will be no dilution to the common shares of the company.
NOHO’s CEO, David Mersky, said, “After a lengthy period of evaluation, I am very pleased to announce the asset purchase transactions between NOHO and Sibannac. This is a terrific opportunity for NOHO to get back into operations with a cutting-edge brand in one of the most anticipated new product categories in the cannabis sector. Having Eric Stoll and Lifetime Branding aboard to oversee the buildout and commercialization process has given NOHO one of the best creative marketing minds in branding today. I am also in the process of bringing the company’s financials current, as NOHO is poised to be an early mover in the Delta-8 space. RāD8 fits squarely into NOHO’s core positioning and will appeal to its major demographic. As the company moves the product into further development, it will work with Sibannac on the manufacturing side, using Sibannac’s FDA registered facility, to bring the new line of Delta-8 products to market.”
Our only concern about NOHO is that the OTC Markets does not have a current share count. Once financials are brought current and we have an accurate share count to determine its current market cap, we will feel much better about DRNK. The good news is that the company is making the right moves and we look forward to more updates from NOHO.
OTC Stocks To Watch Now NSAV
NSAV is a new fintech crypto player that has just started catching the attention of OTC stock traders.
NSAV is running after acquiring VirtuaBroker, a Swiss Cryptocurrency Trading Platform with offices in London and Barcelona. VirtuaBroker, whose platform is based on Artificial Intelligence (AI), offers a full range of trading services, such as portfolio management, price search function, and much more. Their platform supports nearly all of the major cryptocurrency exchanges, including Coinbase, Binance, Bitfinex, and Kraken.
This week, NSAV announced the appointment of Bitmart Cryptocurrency Exchange Managing Partner, Yuen Wong, to the Company’s Board of Directors effective immediately. BitMart is a premier global digital asset trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap.
Bitmart’s platform supports over 220 cryptocurrencies and has a 24-hour trading volume of approximately $2 Billion. Bitmart offers low trading and withdrawal fees, is one of the securest platforms in the industry and its users can buy cryptocurrency with credit & debit cards, PayPal, and bank transfers.
In January, NSAV announced that the Company has finalized an amendment to its Articles of Incorporation, which would prevent NSAV from enacting a reverse stock split. The amended articles are now on file with the state of Colorado and can be viewed by the public at the Colorado Secretary of State’s website.
NSAV has been active recently on Twitter talking about its upcoming Digital Asset Wallet Card. NSAV has also been talking about uplisting to OTCQB. The company certainly knows how to keep a bid in the stock and that explains why NSAV closed green on a day when many hot OTC stocks were in the red.
OTC Stocks To Watch NOW QPRC
QPRC was the big runner of the day with a 263% move higher while the Dow closed down 559 points.
QPRC exploded up the charts after raising $27 million. With this money, QPRC eliminated its convertible notes. As we have said before, any time an OTC stock is paying off debt, that OTC stock will run. QPRC is a textbook case.
Jon Scahill, Chief Executive Officer of Quest, stated, “With these developments, Quest now has the financial resources to continue to monetize its current portfolio, as well as access to significant capital with which to continue to build a robust portfolio of valuable intellectual property. I am pleased to announce the engagement of our advisors and new director in that pursuit. It’s certainly an exciting day for every Quest stakeholder.”
Management will host a conference call on Tuesday, March 2nd at 8:30 a.m. ET. We will be on that call and update our subscribers after.
What we like most is that in spite of raising $27 million, QPRC has a market cap of just $17 million.
OTC Stocks To Watch Now SWRM
SWRM continues to run after launching its new live streaming feature for its SwarmConnect video conferencing service. SWRM is now a play on ZOOM. As you can see, Mr. Market really likes what SWRM is doing.
SwarmConnect now supports live streaming through RTMP (Real Time Messaging Protocol). As a host, you can broadcast your video conference to hundreds or thousands of viewers and beyond. SwarmConnect Live Streaming is compatible with any platform that supports RTMP streaming, including Facebook and YouTube Live.
While many other systems let you broadcast video and images, SwarmConnect lets you broadcast the entire meeting, including screen sharing. This is great for large corporate or municipal events, letting you reach a massive audience while keeping participation in the meeting to a smaller group of individuals.
These features, along with SWRM’s 5G broadband initiative allow the company to offer streaming information services to local municipalities, or larger enterprises wishing to provide real-time updates to their networks.
The best part about SWRM?
The company has a current market cap of ONLY $33 million!
These 4 OTC stocks are making moves despite the overall weakness in the markets. As we keep saying, there are always opportunities in the markets and it’s our job to find winning stocks. Huge gains can be made in such a short amount of time.
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 OTC stocks 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.