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Top 5 Coronavirus Penny Stocks to Watch

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The coronavirus pandemic is wreaking havoc across the world, death tolls are rising at an alarming rate and stock markets experiencing wild swings that are making investors nervous. Millions of workers have been laid off and businesses are shutting down as every country has had no choice but to enforce a lockdown. Despite all the terrible consequences caused by COVID-19, it has opened up opportunities to buy penny stocks with good fundamentals that should survive the coronavirus crisis.

Below we have put together a list of five penny stocks worth watching over the coming months – make sure to perform your own research before investing and don’t trade with money you can’t afford to lose.

EVRI – Everi Holdings Inc

Everi Holdings Inc. provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and FinTech. This stock has weakened more than 60% since March 2020 and according to the rules of technical analysis, the “bearish” trend of this stock is still very strong. Despite this situation, this stock could make a very big jump in the next several weeks and this stock should be on the watchlist of every trader who follows penny stocks. Total revenues in 2019 were $533.2 million, growing by 13% from 2018. The management of this company believes that Everi Holdings Inc will drive long-term revenue growth and improved profitability in the upcoming years.

OGI – OrganiGram Holdings Inc

OrganiGram Holdings produces and sells cannabis and cannabis-derived products in Canada. This company offers cannabis flowers, cannabis oils, and pre-rolls for adult recreational consumers under several brands. This stock has weakened more than 30% since March 2020 and according to the rules of technical analysis, the “bearish” trend of this stock is still very strong. According to analysts, the legal cannabis industry is expected to advance and it may even hit the $200 billion mark by the end of the decade. It is also important to mention that this stock has lost nearly two-thirds of its value over the prior 12 months. This sharp sell-off had little to do with internal operations or financial performance of OrganiGram during this period. Total revenues in 2019 were $60.4 million, growing by 534% from 2018. If you’re looking to invest in the cannabis industry, OrganiGram is probably a great choice because this stock is cheap for a high-level cannabis company with solid fundamentals.

Fluent Inc. FLNT

Fluent, Inc. provides data-driven digital marketing services primarily in the United States. The company also offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers. This stock has weakened more than 30% since March 2020 and according to the rules of technical analysis, the “bearish” trend of this stock is still very strong. Despite this situation, this stock could make a big jump in the next few weeks. Total revenues in 2019 were $281.7  million, growing by 13% from 2018. It is also important to mention that EBITDA was $11.5M (14% of revenues) while adjusted net income rose to $6.12M from a year-ago $5.99M.

ZIXI – Zix Corporation

Zix Corporation provides email encryption, data loss prevention (DLP), threat protection, archiving, and bring-your-own-device mobile security solutions for the healthcare, financial services, insurance, and government sectors primarily in the United States. The price of this stock has advanced from $3 above $5 in less than three weeks but despite this,  Zix Corporation boasts over 20,000 customers, and a cloud app that is used by 30% of US banks. Yes, it is true that the price of this stock could fall again but according to some predictions, this stock could be above $8 after coronavirus passes.

ORBC – ORBCOMM Inc

ORBCOMM Inc. provides Internet of Things solutions in the United States, South America, Japan, Europe, and internationally. This stock has weakened more than 50% since the beginning of the 2020 year and according to the rules of technical analysis, the “bearish” trend of this stock is still very strong. Total revenues in 2019 were $272 million, falling by 1.49% from 2018. Despite this, the management of this company believes that ORBCOMM will drive long-term revenue growth and improved profitability in the upcoming years. According to analysts, the company expects to see stable services revenue based on the fact that its products and services track refrigerated trucks and containers that carry 60% of the world’s food supply. Amid the worsening COVID-19 pandemic, there’s clearly a high demand for grocery stores, one of few businesses benefitting from the current crisis.

Steven Dux – His 3 Main Strategies Revealed

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Steven Dux is Timothy Sykes’ greatest student success story for turning $27,000 into over $5 million in just 4 years. Amazingly when he started day trading volatile penny stocks, he was still completing his environmental engineering degree. It’s crazy how he managed to finish his degree and have enough time in the day to trade. His trading journey started when he discovered Tim Sykes from his controversial Instagram account. At first, he was skeptical but decided to sign up for Pennystocking Silver. After a few months, he took the plunge and paid $5500 to join the millionaire challenge program.

Dux is now one of Tim Sykes most successful students along with Roland Wolf and Tim Grittani. Due to his unique story, Sykes likes to promote him at every opportunity because he is someone who has implemented his strategies to become a millionaire. It’s similar to how companies use case studies to attract more customers. Sykes interviewed Dux on his Youtube channel to share his story and inspire new traders. Once the interview was uploaded, young aspiring traders bombarded Dux with messages hoping to discover his secrets. Asking everything from what penny stock broker he recommends to what he eats for breakfast.

Steven Dux monitors

The main reason for Steven’s rapid progression is his extreme dedication and willingness to invest time and money. Although he started off studying Timothy Sykes, he later learned a great deal from Michael Goode, Mark Croock and Tim Grittani, all mentors within the millionaire challenge program. He follows the teachings of Tim Grittani in particular and cites Trading Tickers DVD as a huge inspiration. Similarly to Grittani, Dux is very analytical and claims to have thousands of excel spreadsheets tracking dozens of chart patterns. This gives him the ability to discover what patterns work the best in a specific time frame. Basing all of his trading decisions on data allows him to stack the odds in favor. From the picture above of his trading desk, his attention to detail is immaculate. Steven stuck his notes and drawings of charts on his wall to drill these charts into his brain.

He mainly follows three simple chart patterns that have an insane 85% success rate. All of these patterns feature in Tim’s Penny Stocking Framework DVD.

  • First red day – when a penny stock goes parabolic based on a big news event such as FDA approval, a stock can spike 200% in just a matter of days. You wait until the stock’s momentum slows down and short sell the company on the first day it turns red. This is a significant shift in momentum where those who are long will exit their position causing the price to drop.
  • Dip buying huge morning panics – whether it’s an overall market or sector panic, there are always great opportunities to dip buy intraday panics. If a stock drops significantly in the morning and is oversold, it could bounce back strongly so you can capture a quick 20-30% gain. When dip buying panics you should prepare to cut losses short if the trade goes against you. Otherwise, it’s like catching a falling knife.
  • Shorting spikes – this pattern is slightly riskier than the first two patterns so it requires more experience.

Since these three simple patterns have an 85% success ratio, Steven places big money into trades that meet his criteria and banks huge profits. This approach to trading is the polar opposite of conventional wisdom on Wall Street. Financial advisers tell people never risk more than 10% on any investment while this guy during the early stages was putting 80% of his account on one trade. Patience also plays a big part in his success, he waits like a sniper until a setup meets all of his criteria and then places the trade. If the trade goes against him, he cuts his losses early and avoids blowing up his account. Hence this is why his winning percentage on Profit.ly is approximately 70% with an average gain of $3,354.

Due to the large following Dux has attracted in recent times, there has been strong demand for him to create his own DVD and newsletter. Steven listened to his followers and decided to release his own DVD – Trader Checklist Part Deux sometime in February 2018. It will cost between $300 – $600 to purchase if he launches his service on Profit.ly. Starting an educational business is the next logical step to make easy money outside of trading. Despite the vast amount of money he has made, Dux remains a cool, humble dude. He recently achieved his dream and bought himself a McLaren 570S.

Steven Dux’s story continues to serve as a huge inspiration for up and coming traders but it’s improbable anyone will achieve similar profits. While it’s likely some will have success, the average person won’t be able to become a millionaire within one year without an obsessive tendency towards learning. He even jokes that he reads and takes notes on the toilet. In addition, he re-watches DVD’s multiple times to absorb all the information fully. A typical subscriber will watch it once or twice max. This level of dedication is difficult to maintain for the average person works a full-time job or attends college. In the meantime, if you’re interested in learning from Steven Dux, check out his webinars and free videos on Youtube.

Ricky Gutierrez Review – Is Learn Plan Profit Worth the Money?

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Ricky Gutierrez is a 25-year-old entrepreneur and CEO of Techbud Solutions with a net worth of $1.5 million. I first came across Ricky on YouTube from the recommended videos list. The title had a click bait headline – “How I made $200,000 by the age of 21” and an eye-catching thumbnail. After watching that video, I learned that not all of the $200,000 was earned from day trading stocks. He made the money through various entrepreneurial ventures and real estate, buying his first property at 20!

He seems like an honest, likeable guy and understands a lot about investing for someone who’s in his mid-20’s. His latest course, Learn Plan Profit is perfect for beginners interested in learning the basics of stock trading within an interactive community. In addition to following Ricky, Humbled Trader and Steven Dux are other traders worth watching, Dux has over $5 million in verified profits.

YouTube Channel

Over the last 3 years, his YouTube channel has grown in popularity and has built a large following. He teaches newbies the basics and fundamentals of trading penny stocks along with some real estate investing advice. His channel appeals mostly to young millennials, new to the stock market. Gutierrez uploads free helpful lessons teaching others how to build watchlists, read stock charts and answers questions related to penny stocks. Ricky is currently mentoring his younger sister, taking someone with zero knowledge of the stock market, giving her a simple framework to follow and teaching strategies to grow her Robinhood account. It’s funny how he avoids revealing her name to avoid creepy guys stalking her!

Techbud Solutions

During his videos, he continually advertises his Facebook group, Techbud Solutions. It’s a group of like-minded individual who share ideas and learn together. Techbud Solutions has attracted a staggering 283,097 members, that’s an impressive feat! The Facebook group isn’t very active, but the discord groups are active. There are separate groups for different financial assets such as cryptocurrency, stocks and real estate. While the groups are free to join, Ricky does have a premium course on the Teachable platform for people looking to taking their education to the next level.

Learn Plan Profit

After years of producing free content, Ricky finally decided to monetize to his video lessons. Learn Plan Profit provides a solid framework for beginners traders to learn the basics of stock trading.

The course covers:

  • Strategies to find hot stocks worth trading.
  • Risk management and technical analysis.
  • Best indicators and chart patterns to follow.
  • Mindset lessons with a strong focus consistency and personal growth.
  • How to scan for swing trades and top the six golden rules which indicate the best time to buy.
  • How to trade ETFs – talks about building watch-lists, chart patterns and futures.
  • Quizzes to help members learn and retention information.
  • Bonus content offers advice on real estate investing and reselling exotic cars for hefty profits.

Some people think if they sign up they’ll be driving around in a Lamborghini within six months. To get to Ricky’s level, it will take years of dedication to learning. Ricky’s success didn’t happen overnight, he revealed before in an interview he traded penny stocks for five years without making money.

Is Ricky a Scam?

My initial review of Ricky was negative mainly because I’m a sceptical person. I saw this young guy driving around in a McLaren, talking about real estate/day trading and immediately thought scam artist! Selling trading courses is a lucrative niche, day traders such as Jason Bond and Cameron Fous make millions every year through selling education to newbies. Low-priced stocks are prone to manipulation so I presumed Ricky’s plan was to build up a large following to sell alerts or pump worthless penny stocks.

Ricky is a savvy online marketer and understands how to build an audience using the power of YouTube. His channel has 780,000 followers approximately and his videos have attracted millions of views. He creates eye-catching thumbnails, with a headline to attract views – “how to make $100 a day in the stock market.” Recently he uploaded a video where he picked up a random stranger in his McLaren supercar. The video is a clever viral marketing tactic to advertise his service and appeal to a wider audience outside of his normal viewers. More than likely this video will receive well over 100,000 views.

Although I dislike the way he drives around in super cars, advertising this cool lifestyle, the videos serve as motivation for his students. Too many people within the finance industry are so formal and boring, learning about technical analysis isn’t fun. Ricky is an exception, he likes to create videos to make trading more entertaining. Listening to some online educators talk about resistance and support levels in a dull, monotone voice turns beginners away from the industry.

Conclusion

There are hundreds of people online selling day trading courses purely to make money off young naive millennials and I hate seeing people getting scammed. I think Ricky is a great teacher for new traders without any experience. In my opinion, charging $300 is too expensive for the average person. It would be more reasonable to charge a smaller fee of $150 or offer membership for $50 per month.

SpeedTrader Review – Are They a Reliable Penny Stock Broker?

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There are people that become interested in figuring out how to secure their financial future and are trying to figure out how to create passive income. Some individuals might save up money and try to figure out an undervalued company to invest in, while others might be interested in applying their strategies to penny stocks. Speedtrader is a platform where you can trade penny stocks, and there’s a lot of features to offer those who want to profit from penny stock trading.

Some traders aren’t focused on having large positions and swing trading those positions to make thousands of dollars. However, there are so many strategies available when it comes to penny stock trading and investing. While it’s a volatile lifestyle, penny stock traders could place trades on a daily basis and make hundreds of dollars, or even more. You will need to have $30,000 minimum to open an account, whether you live in the United States or overseas.

For those who trade frequently, these traders might focus on the fees associated with the platform. Speedtrader was founded by Guy Gentile and has been around since 1999, so it’s clear that they know what they are doing. If you are interested in investing in general or trading penny stocks: is it the right choice? Speedtrader is a part of Mint Global Market.

Fast And Clean

You may have spent a lot of time figuring out the best platform to trade on, only to find that they might not have all of the features that you want. Some trading platforms might allow for paper trading, so that you can test out various strategies, while other trading platforms might offer some unique trading indicators that can help you profit significantly. However, what’s the point of a clean interface or a specific indicator if your platform is known to have glitches?

Speedtrader offers mobile trading in the form of an app titled iSpeedTrader, and many traders have given the app rave reviews. If you are someone who wants to trade anywhere and everywhere, this is a huge plus. Specifically, Speedtrader is known for fast executions. If you are a daytrader, this might be more important than those who swing trade.

What Can You Trade?

You can trade stocks on Speedtrader, and that also means that you can trade penny stocks. However, what if you feel like doing more than just day trading penny stocks, and are interested in learning more about options? Speedtrader offers options trading, so you don’t have to worry about signing up for other platforms.

Pricing

The pricing changes depending on the account that you have, and fees are lower for those with $25,000 or more in their trading account. If you make over 500 trades per month, which is common for many day traders all around the world: the fees are quite reasonable, clocking in at $2.95 per trade.

If you don’t trade that often, the fees are still reasonable. Specifically, if you make less than 500 trades per month, you can expect to pay somewhere around $3.95 to $4.49 per trade. For those interested in trading options, options are charged at 30 cents per contract. There is also pricing available for per share rates, as well,

Conclusion

Speedtrader has been around for a while, and it’s clear that it isn’t going anywhere anytime soon. Many traders find the platform to be easy to use, and you have access to standard features like Level II reporting and advanced order types.

The fact that Speedtrader offers responsive Level II reporting is especially relevant to the penny stock market, where market makers are able to take advantage of liquidity more than in other markets. However, it should be noted that Speedtrader is not for the newbie traders that want to throw a hundred dollars at the market – you need $30,000 to open an account here.

There is more competition than ever before, and more people than ever are interested in figuring out how to trade and invest from their laptop or smartphone. However, for penny stock traders, Speedtrader is a solid and reasonable choice as a trading platform.

Best Penny Stock Promoters in 2020 and How to Find Them

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Over the years scumbag stock promoters have given penny stocks a bad reputation. Everyone knows someone who has been burned badly in the past. Innocent people have lost thousands after investing a large chunk of their savings into a “hot stock tip”. Although promoters are unethical, they provide educated traders with an opportunity to profit from these pump and dump scams. With that being said the vast majority are awful with a terrible track record. Fast forward to 2020, only a handful of them have the ability to attract enough volume to make it worthwhile to buy or short sell a promotion. 

The landscape has changed significantly with big-time promoters getting shut-down by the SEC; these included Awesome Penny Stocks, Best Damn Penny Stocks and Victory Mark Corp. Four or five years ago it wasn’t difficult to make money buying pre-promos by discovering details of upcoming promotions through stock screeners and researching via Google. APS and PennyPic had dozens of “sister websites” that released alerts early to subscribers before blasting it out to their massive email lists. John Babikian was the mastermind behind APS, it is reported he made close to $100 million from his scheme. His lavish lifestyle attracted a tonne of media attention, owning dozens of properties throughout the world and driving a Bugatti Veyron. John Babikian ended up owing $15 million in unpaid taxes, he fled Canada and is now believed to hiding out in either Russia or the UAE.

Top Penny Stock Promoters to follow in 2020

As of right now, pretty much all promoters suck! ElitePennyStock.com & Stocktips.com were previously the top two promoters but were shut down by the SEC. Below is a list of the best of a bad bunch. 

  • Pennystocks.com
  • Pennypicks.net  
  • Pennystockdream.com
  • thepennystocknewsletter.com
  • Stockcommander.com
  • Pennystockprophet.com
  • Pennystock101.org
  • Ultimatestockalerts.com

Use yopmail as a disposable email address to sign up for their alerts so you can track them. It’s useful to be aware they separate their email lists and don’t email their subscribers all at once. If they have a list of 10,000 emails, they might divide it up into 4 lists of 2,500.

Useful Websites for Research

Stockpromoters.com – This is a useful resource to track what promoters currently are the most effective and how many newsletters are touting a certain ticker symbol. 

EquityFeed.com – Trading software that can be used to scan 1000’s of symbols to find OTC stocks with abnormal volume. (Look at the bottom of the page to see the filters I use).

Goodetrades.com – This is a great site run by Michael Goode and provides an abundance of research on the latest pump and dumps.

Promotionstocksecrets.com – Premium service to learn out about how promotion works, free articles on the site are educational. 

I also use SEMrush.com to track how much websites are spending on advertising campaigns on Google. SEMrush is a paid SEO tool which estimates how much a site is spending on PPC (Pay Per Click) campaigns on Google and Yahoo. They bid on search terms/keywords relevant to their website, like “stocks to buy”, this could keyword could cost $1-$4 a click, the higher you bid, the higher you appear in the ads section. E.g. PennyPicks.net for July has received an estimated 10,562 visitors at the cost of $45,036 and overall are bidding on 1,161 keywords. ($45,036 / 10,562 = $4.26) This means PennyPicks.net are paying over $4 per visitor, that is a significant amount to spend and results in high-quality website traffic which means more people are signing up for their alerts. Pennystockhub.com for July got 2,560 visitors at of cost of $13,702. ($13,702 / 2,560 = $5.35) In theory, PennyPicks.net should be the more effective promoter as they’re spending $30,000 on their overall campaign and receive an estimated 5 times more visitors. 

Here’s a screenshot of an example.

penny stock promoters to follow right now

Spotting Stocks Before They Get Promoted

The best method to find penny stocks before they’re pumped is using stock screening tools such as Equity Feed and StocksToTrade.com. Once you apply the correct filters, stock screeners can spot unusual trading activity on OTC and pink sheets, i.e. insiders slowly buying up blocks of shares months before the promotion begins.

Promotional Tactics

With the rise of social media platforms like Facebook, Instagram and Twitter, there’s more opportunity to reach a mass audience with minimal cost. Instagram, in particular, is becoming hugely popular to tout stocks. I’ve noticed Instagram models with millions of followers, getting paid to advertise marijuana companies. With all the hype around the legislation of marijuana, dozens of people lost money on that alert. On Twitter it’s relatively easy for promoters to find penny stock traders, e.g. they can just visit Timothy Sykes followers list, mass follows them and set up an automatic DM touting a shitty company. Promoters can also leverage paid ads on Facebook to set up highly targeted advertisements that follow you around everywhere. Sometimes to look more natural they create fake profiles claiming to be financial advisers or have worked for Goldman Sachs.

Another tactic utilized by promoters is developing a strong brand and portraying themselves as an authority figure. National Inflation Association was a clever scheme run by Jonathan Lebed and Gerard Adams. To the average person, they appeared as a non-profit organization trying to educate the masses on how to prepare for hyperinflation and profit from the next stock market collapse. Their short documentaries on YouTube were well-produced and amassed millions of views, allowing them to build massive email lists to promote worthless companies. Hundred’s of vulnerable people lost money investing in their stock picks during tough economic times, their email alerts sounded compelling but in reality, were bullshit and dropped 90% a few months after.

Gerard Adams left NIA and co-founded Elite Daily which was later acquired by the Daily Mail for $50 million. More than likely Jonathan Lebed is still operating the website, but his picks receive very little attention. Lebed is the poster boy for pump and dumps, at 16 years old he was indicted by the SEC for pumping penny stocks on message boards and had to pay back $285,000. He created about 80 different usernames on message boards and had conversations with himself to make it look like the stocks he was talking about were great investments. Back in the early 2000’s this was an effective strategy but doesn’t work as well now.

With so many investment scams being advertised, the SEC will have to be more vigilant monitoring the internet for micro cap fraud to protect the public.

Etrade Review – Reliable Broker for Penny Stocks?

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Founded in 1982, E-trade has become one of the most popular brokers for penny stocks and large caps. They have developed a strong reputation as a reliable brokerage, serving 3.7 million clients worldwide. What sets them apart from competition are their trading platforms, competitive fee’s, educational tools and charting software.

Setting up an Account 

Simply sign up for an account by completing an application form. The application process is relatively straightforward, it shouldn’t take longer than 10 minutes to fill out the necessary details. A huge positive for E-trade is their low account minimum, you can open an account with $0 but need to fund it after 30 days to keep it. $500 is required for a cash account and $2,000 for a margin account.

Commissions (3.5/5)

  • Although E-trade are not the cheapest broker, they still offer cheap commissions.
  • $6.95 fee per trade is slightly above industry standard but the fee falls to $4.95 if you execute more than 30 trades in a quarter. Numerous online brokerages charge lower commissions but add on extra surcharges which can dramatically increase your commissions. For example, Interactive Brokers have a surcharge of $0.001 per share, 10,000 x 0.001 is an extra $10 fee.
  • The flat-fee commission structure and no surcharges on penny stocks makes them an ideal option for trading low-priced shares. The flat fee means no matter how many shares you purchase, you pay the same price regardless.
  • Commission structure is more favorable towards active day traders.
  • Latest promotion – deposit $10,000 and receive 90 days of commission free trades.

Trading Platform (4/5)

  • E-trade have two advanced trading platforms – E*TRADE and Power E*TRADE (formerly Options House).
  • Power E*TRADE is an innovative platform ideal for penny stock traders as their tools are relatively easy to use.  They have advanced intraday and historical charting, drawing tools, and market news. The charting tools automatically populate charts with technical analysis.
  • E*TRADE was their original platform before they acquired Options House, perfect for beginners who need to research investments, track markets, place trades, and develop their skills.
  • Their mobile app also allows you to follow the markets wherever you go!

Customer Service (4/5)

  • E-trade have won awards from Smart Money due to their customer service. Some of their customer support is outsourced to foreign countries to reduce expenses which is normal for large corporations.
  • Customer service is friendly compared to other brokerages.
  • 24/7 support available, gives them an edge over competitors.

Pros

  • No extra fees for penny stocks and beginner friendly.
  • Have excellent borrows for shorting penny stocks.
  • Minimum account deposit is $500; Interactive Brokers has a $10,000 account minimum.
  • No inactivity or unnecessary acquaintance fees.

Cons

  • No longer accept traders from Ireland and the UK. Check their list of accepted countries as from time to time, they change it.
  • Quotes are delayed by 15 minutes unless you meet the 30 trades per month requirement.
  • Not able to fund your account with a debit or credit card and only support one currency, USD.

If you’re interested in trading penny stocks, E-trade are a great choice! Various experienced day traders such as Timothy Sykes highly recommend the brokerage!