In this article, Insider Financial takes a look at penny stocks on the move: SFOR and WSGF. We are doing this to update our regular readers on what is happening in the land of penny stocks. We are not focused on the bagholders, but rather the penny stocks that are moving and why.
As we have stressed repeatedly to our subscribers, the key to trading penny stocks is finding momentum BEFORE it happens. We got our subscribers in early on TSNP, which you can read our latest here, ENZC, which you can read about here, and recently CBDD, which you can read here.
Now, when we say that we find momentum BEFORE it happens, we are swing traders looking to position our subscribers BEFORE the move happens. This is where the big money is made and why so many of our subscribers are sitting on gains of over 7400% in ENZC and over 26,150% in TSNP. If you want to day trade, this is not the place for you. If you want to make a few hundred bucks and then lose a thousand the next, we hear Tim Sykes has plenty of openings.
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.
Now that we got that out the way, here are 2 penny stocks on the move: SFOR and WSGF.
We last wrote about SFOR on October 27th when the stock was trading at just $.0044 a share, which you can read here. We said at the time:
Now that the company has signaled that it has come up with more attractive financing, we can see SFOR stock run. In this article, we take a look at SFOR stock and make the bull case why there’s more room to run.
In just six weeks, readers and subscribers are now up over 1200%. As we say, the key is finding good penny stocks and then having the patience to let them pay off. Some take longer than others to run, but when they do, they really run!
For those not familiar with SFOR, StrikeForce Technologies helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, “Out-of-Band” authentication and keystroke encryption along with mobile solutions.
The news driving SFOR this week is the announcement that its SafeVchat secure video conferencing platform goes live on December 18 and that the company has distribution partners in six countries already set up.
The fact is that the SFOR is the new ZOOM and that’s why it’s running. SFOR has created the industry’s most secure video conferencing platform which includes: authenticated access, encrypted video, encrypted audio, keystroke protection as well as protection for your camera, microphone & speakers.
Additionally, Strikeforce Technologies’ solution will protect your computer and confidential data even when you are offline and not on a video conference. No other video conferencing service on the market such as Zoom, Webex, LogMeIn, MS Teams, or, BlueJeans can do that.
SFOR expects to see major top-line revenue growth from its new videoconferencing solution starting in Q1 of 2021.
This is the first time Insider Financial is covering WSGF. WSGF caught our attention on December 8th when the stock registered its first big green day in over a month. We love first day runners as they usually turn into multi-day plays. The key is the stock must trade above the previous day’s high.
In the case of WSGF, the stock needed to trade above $.0242 a share. WSGF opened the next day above there at $.028 and proceeded to deliver 285% gains. Add in a fresh press release and you had all the makings of a triple-digit runner.
For those of you not familiar with WSGF, the company known as World Series of Golf Inc is in the process of changing its name to Vaycaychella. WSGF acquired Vaycaychella, a sharing economy technology company with a P2P App to connect entrepreneurs seeking to acquire short-term rental vacation properties with investors to back them, earlier this year in January. Vaycaychella is the new focus of the company.
Vaycaychella is a three-year-old operation that has built a business model focused on financing short-term vacation rental properties outside of conventional financing channels. Vaycaychella’s mission is to empower entrepreneurs looking to get into the short-term vacation property rental business marketed through sharing technology apps such as Airbnb, Booking.com, and Vrbo.
Vaycaychella has established a proven model through developing a portfolio of properties that includes 10 Caribbean beachfront vacation homes, a boutique hotel, and a recently acquired 3 unit building in Puerto Rico with an overall estimated cumulative value of $12 million. The company is now scaling that model with the introduction of a peer-to-peer (P2P) application (App) designed to connect new and existing short-term vacation property rental operators with prospective investors.
SFOR and WSGF Bottom Line
SFOR is the more compelling play, in our opinion. The COVID-19 pandemic benefits stay-at-home plays like SFOR and Zoom. With a market cap of just $13 million, there are 220 million shares outstanding. When you look at the market cap of TSNP at $1 billion, SFOR could easily command a $1 share price or a $220 million market cap.
WSGF is more of a COVID-19 vaccine recovery play. If more people start traveling, that will drive top and bottom growth for WSGF.
Furthermore, with its P2P App, WSGF is also a derivative play on AirBnB and its upcoming IPO. Whenever a hot deal hits the tape, investors start scouring the OTC for similar plays. WSGF could be a beneficiary of that.
Either way, the OTC is the place to be right now for penny stock investors. Stocks running 1000% or more are common and investors should jump in while it lasts because it never does. Markets change, but times now favor penny stocks on the OTC.
As always, good luck to all (except the shorts)!
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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.