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Penny Stocks On Reddit See Explosive Momentum On Wednesday

What do penny stocks, Reddit, Twitter, a frog emoji, and ice cream have in common? If you were to say GameStop ( NYSE: GME), you’d be 100% correct but let me explain.

Hopefully, you know about the beginning of the Robinhood/Reddit saga from earlier this year. If you aren’t, I’ll give you the 30,000-foot view. In January, users on the now infamous subreddit, r/WallStreetBets, put a thesis together on GameStop following several interesting “findings.” This included a previous bet that we discussed back in 2019 when famed Big Short investor Michael Burry originally took a stock position. GameStop also saw…


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Learn The Basics Of Making Money With Penny Stocks

Investing in penny stocks is not as difficult as people think it is. With a little help, learning how to day trade or invest in these stocks can be fun, easy, and profitable.

This introduction to trading penny stocks has been developed specifically for the beginner trader. This article will go over some of the basics of buying penny stocks as well as selling them.

This Article Will Cover The Basics & How To Trade Penny Stocks:

  1. What is a penny stock?
  2. Where to open a trading account
  3. How to open a trading account
  4. How much does a trading account need to be funded, on average
  5. What types of basic orders can…


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4 Penny Stocks To Watch Next Week

As the second week of February comes to an end, plenty of penny stocks are still pushing higher. This week serves to highlight some potential areas of potential among small-cap stocks. During the week, several industries such as cannabis and biotech shot up in big numbers. Albeit, both of these industries remain highly volatile, which is quite common anyway. So with this, we have to consider what factors may impact penny stocks in both the short and long-term.

If we put aside the pandemic, for now, other influences such as the Biden Presidency and the subsequent $1.9 trillion stimulus package…


Should You Buy These Penny Stocks Today?

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You can’t hate on people who trade penny stocks. I know it’s easy to think that newbie investors don’t know anything. But the clear fact of the matter is, there may be some method to the madness. It’s not just GameStop, and it isn’t only marijuana stocks. If you really dive in (and we do), you’ll see an entire culture spearheading the charge behind momentum in these cheap shares. Call them small-cap stocks, nano-caps, or “garbage,” at the end of the day; people are making plenty of money with them.

But I understand that penny stocks aren’t right for everyone…


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Photo by William Iven on Unsplash

Why Are These 4 Penny Stocks Heating Up Right Now?

Throughout 2020, there have been several shining examples of stellar penny stocks to watch. Now, obviously, we have to take into account the impact of the COVID pandemic on the stock market as a whole. Since vaccines are in distribution around the world, 2021 could be the year things get back on track. Starting with the economy, the election of Joe Biden and a new round of stimulus checks means that the economy could begin to shape up. While the issue of inflation is always present, it may take a long time to see the full effects of this. …


penny stocks definition
penny stocks definition
  1. What Is A Penny Stock?
  2. Are Penny Stocks Worth It?
  3. Penny Stocks & Day Trading
  4. Why Are Penny Stocks Risky?
  5. When Does The Stock Market Open?
  6. When Does The Stock Market Close?

What Is A Penny Stock?

A penny stock is a stock of a company that trades for less than $5 a share. While most some expect these to be smaller companies, there are many that have market caps in the billions of dollars. Many are also traded on major exchanges like the NASDAQ and New York Stock Exchange.

This is a welcome sign to clients of penny stock brokers like Robinhood & Webull…


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Hot Penny Stocks To Watch Today

When it comes to finding quality penny stocks to watch, anyone with the right information at hand can do it. Creating a list of stocks might be easy, finding which ones might have the most value can be a little more time-intensive. But, the great thing about investing is that with the internet, any investor can be as informed as the best investors out there. At this point, you might be asking what to look for when searching for a penny stock to watch. And for that reason, you’ve come to the right place. …


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Looking For Biotech Penny Stocks Right Now?

One of the most active sets of penny stocks in 2020 has been biotech stocks. Aside from the obvious push from COVID-19 vaccine candidates, companies are utilizing the increased attention to build upon novel treatment pipelines. Evidenced by the NASDAQ Biotech ETF ( IBB ETF), we can clearly see that argument on biotech vs healthcare stocks is being won by the former.

Take a peek at the Healthcare ETF ( XLV ETF), for example. While the IBB continued trading in its recent channel, the XLV dropped aggressively. It wasn’t just Friday where the ETF price dipped either. The XLV has…


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Penny Stocks To Watch Before Next Week

In the past few weeks, we have seen a great amount of bullish interest in penny stocks. Specifically, there are a few key markets that have seen more bullish growth than others. First, we have biotech penny stocks. These companies have experienced growth in the past six months due to the COVID pandemic. On December 10th, Pfizer Inc. ( PFE Stock Report) announced that the FDA recommended approval for its vaccine candidate for emergency use.

This is a big step and something that was only announced at the end of the day. With this, we could see a new wave…


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Are These Penny Stocks On Your Watch List Right Now?

Epicenter penny stocks have become the focus of many investors over the past year. For some context, these stocks are defined as any stocks that were hit hard by the beginning of the pandemic. In addition, this definition applies to companies that have been able to bounce back since COVID hit. Tom Lee of Fundstrat originally coined this phrase.

For some examples, epicenter penny stocks could be anything from airline and hotel stocks to tech or energy stocks. Of course, this definition is quite loose given that so many penny stocks were hit by the pandemic. …

Joe Sirianni

Entrepreneur, Podcaster, Marketer& Content Maniac — Not Investment Advice. This account is affiliated w/ Midam Ventures Review Disclaimer http://bit.ly/mdmdsclr

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