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Penny Stocks to Invest In: BRLL EEENF ENZC RLFTF

Penny Stocks to Invest In: BRLL EEENF ENZC RLFTF
Written by
Alex Carlson
Published on
March 29, 2021
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InsidrFinancial

The past few weeks have been hard on many traders. Many 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 plenty of opportunities in penny stocks. 4 penny stocks to invest in are Barrel Energy (OTCMKTS: BRLL), 88 Energy Ltd (OTCMKTS: EEENF), Enzolytics (OTCMKTS: ENZC), and Relief Therapeutics (OTCMKTS: RLFTF).

HOW TO TRADE PENNY STOCKS

First up, it’s important to understand that trading penny stocks are not the same as trading blue chips. Penny stocks are subject to enormous volatility like what we have witnessed over the past few weeks.This is why we have preached over and over again on our Insider Financial YouTube channel to book profits along the way. We warned our subscribers to not get greedy or get caught up in the diamond hands/paper hands BS.

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.[embed]https://www.youtube.com/watch?v=OyY-cD6pQ30[/embed]

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 penny stocks much. However, the good news is that we specialize in penny stocks here at Insider Financial. In this article, we take a look at 4 penny stocks to invest in, BRLL, ENZC, EEENF, and RLFTF to find out what’s behind the move and our outlook for each.

Penny Stocks To Invest In #1 BRLL

BRLL is the next deal from the same folks behind ABML. The CEO of Barrel Energy Mr. Craig Alford was also the founder of American Battery Metals Corp (OTCMKTS: ABML), which has been a big winner for Insider Financial subscribers. Penny Stocks To Invest In #1 BRLLWe first told our subscribers about ABML last year when the stock was trading under $.06 a share, which you can read here. Subscribers that held are now up 2,283%!!Earlier this month, BRLL signed a Memorandum of Understanding to enter a partnership with American Lithium Minerals (OTC: AMLM) for production facilities in North America.In February, BRLL signed an exclusive agreement with Roshan Energy Technologies that will allow for Barrel to become the majority stakeholder in Roshan and the expansion of its Lithium battery facilities in India. Roshan has developed an impressive line of Lithium Battery products for Electric Vehicles, Medical Equipment, Solar street lighting, the telecom industry as well as home energy storage solutions.Barrel and Roshan first plan to make a sizeable impact on the escalating small vehicle EV market in India, a country that has made ambitious policies towards the change to EVs. Roshan has already signed contracts to supply an assortment of manufacturers of two and three-wheeled EVs.Additionally, the Barrel-Rosha agreement allows Barrel to establish a U.S.-based manufacturing unit for key Roshan battery products and designs. The Barrel and AMLM MOU is designed to allow Barrel to have its first base for entry into U.S.-based manufacturing and use new selective recycling technologies developed by the Roshan team that offer both crucial waste-management and battery metal supply solutions.What's holding BRLL back is the STOP sign on OTC Markets. According to sources, the STOP sign will be removed within the next week or so. We will update subscribers as soon as we know more.

Penny Stocks To Invest In #2 EEENF

EEENF is an oil and gas play whereby its Rig 111 is drilling at the Merlin-1 exploration well on the North Slope of Alaska. So far, the interpretation of logging while drilling data indicates multiple potentially hydrocarbon-bearing zones have been encountered in the Nanushuk Formation whilst drilling Merlin-1. Penny Stocks To Invest In #2 EEENFThe drilling program at Merlin-1 forms part of the Alaskan-based explorer’s Project Peregrine which holds nearly 200,000 contiguous acres on the North Slope of Alaska. EEENF holds a 100% working interest in the Peregrine project that will reduce to a 50% interest post the completion of funding as part of a recent farm-in, whereby 88E is carried on the first US$10m (of an estimated US$12.6m total cost) for the Merlin-1 well.Success at Merlin-1 could yield over 300 million barrels net to 88E and open up further prospectivity at Project Peregrine, in addition to unlocking the substantial proven resource at the adjacent Umiat oil field, which is 100% owned by 88 Energy.The company’s current cash position stands at US$13m which it said more than funds its share of the drilling of Merlin-1 as well as its other planned activities.

Managing Director, Dave Wall, commented: “Whilst there is still work to do to confirm a discovery, the results to date are encouraging and we look forward to providing an additional update on the wireline program in 7 to 10 days.”

We will know more after Easter. We like what we are hearing so far and believe EEENF could be a monster play if drilling results are successful. We will update subscribers as soon as we know more.

Penny Stocks To Invest In #3 ENZC

ENZC has been a big winner for Insider Financial subscribers as we first profiled the stock back in October when it was just $.014 a share, which you can read our initial coverage here. After running to almost $1, ENZC has suffered a severe correction and now represents one of the best opportunities on the OTC Markets for investors looking for penny stocks to invest in. Penny Stocks To Invest In #3 ENZCWe really like ENZC as the company has some major upcoming catalysts.View on Twitter/XENZC has continued to reward our subscribers. Look for new highs in ENZC once the news starts hitting the tape. Patient investors will be well-rewarded with ENZC.

Penny Stocks To Invest In #4 RLFTF

We are just waiting on conference call data from RLFTF in a few hours. Penny Stocks To Invest In #4 RLFTFOn Friday, NeuroRx, Inc. announced the completion of top-line data analysis of the 60-day results in its phase 2b/3 clinical trial, conducted under FDA Fast Track Designation, of ZYESAMI™ (aviptadil acetate) for the treatment of critically-ill patients with COVID-19 respiratory failure.The results for the primary endpoint of recovery from respiratory failure and the secondary endpoint of survival through day 60 are in the process of final review by the investigators of the multicenter clinical trial. A conference call will be held at 8:30 am EDT on Monday, March 29th with attendance from corporate leadership and lead investigators.We will be on this call and updating subscribers after.

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 the penny stocks in the video 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 Tumisu from Pixabay

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