Top Penny Stocks List and Weekly Update: Key Takeaways
- TPT Global Tech is a great example of catalyst trading. (See featured stock #3 and my Trade Review below.)
- Monday Motivation: What ‘study hard’ means if you’re serious about staying in the game.
- Never trade without doing THIS. (Check the Top Tested Trading Tips below.)
Join Me For Wednesday’s NO-COST Weekend Profits Webinar
This week’s featured stocks are all OTCs again. But only to start the week. One of them is uplisting to the Nasdaq on Wednesday. (Details below.)
- Life Clips Inc. (OTCPK: LCLP … read my analysis here)
- Lightwave Logic Inc. (OTCQX: LWLG … ready my analysis here)
- TPT Global Tech Inc. (OTCQB: TPTW … read my analysis here)
Top Penny Stocks List: August 30, 2021
It’s awesome to see that OTCs are hot again. And StocksToTrade’s Breaking News Chat is alerting all the hottest stocks. Stock #3 below is a perfect example…
Check it out…
These are the listed stocks I’m watching…
3 Penny Stocks to Watch This Week
We’ll see what September brings, but it’s good to see big OTC runners again. Here are this week’s featured stocks…
Top Penny Stocks List #1: Life Clips Inc. (OTCPK: LCLP)
Life Clips Inc. is in the AI software space as well as mobile phone batteries and crypto. LCLP spiked 800% on July 14 after the company announced plans to acquire blockchain tech company Belfrics Group.
LCLP consolidated mid-range for most of August. On August 26, the company announced it had closed on the Belfrics acquisition…
CEO Robert Grinberg said, “We are very excited to close our acquisition of Belfrics group and look forward to building a company that will be meaningful in the industry. […] We believe this acquisition represents a tremendous opportunity for our shareholders. As a result of our great working relationship with the Belfrics team, we were able to close ahead of schedule and discuss many new opportunities.”
Read the full press release here.
LCLP hit a 52-week high of $0.0719 on Friday after the company filed this 8-K with details of the acquisition. I bought the dip after the morning spike, but was roughly five minutes early and took a $295 loss.
I’m watching LCLP for potential dip buys into any big panics. It’s already overextended, but the higher it goes first, the better.
Top Penny Stocks List #2: Lightwave Logic Inc. (OTCQX: LWLG)
Lightwave Logic is developing a device that uses electro-optic polymers to send data at higher speeds.
On Friday, Lightwave Logic announced its uplisting to the Nasdaq Capital Market. LWLG is expected to begin trading on the Nasdaq on Wednesday, September 1.
CEO Dr. Michael Lebby said, “I believe that a Nasdaq listing will help to expand our potential shareholder base, improve liquidity, elevate our public profile within the industry and ultimately enhance shareholder value.
“We continue to advance towards our goal of mass commercialization, furthering our efforts with tier-1 potential customers currently evaluating our technology under NDA. We look forward to continued innovation and further growing the prominence of the Lightwave Logic brand as we share our story with a wider audience of investors.”
Here’s the LWLG one-year chart…
LWLG went full supernova in late June. I’m mostly just watching to see how the market reacts to the uplisting. It’s a potential dip buy into any big panic, preferably in the morning.
Top Penny Stocks List #3: TPT Global Tech Inc. (OTCQB: TPTW)
TPT Global Tech is a holding company in the telecom sector.
On August 25, the company announced a partnership with Skybridge West Africa. The project is worth a potential $3.5 billion in contract and management fees.
CEO Stephen J. Thomas III said, “We are pleased and excited to join hands with Skybridge West Africa and feel fortunate that TPT Global Tech has been selected as the lead technology partner.
“TPT is uniquely positioned through its various subsidiaries, technology platforms and years of experience working in Africa and emerging markets to assist Skybridge with its Smart Village objectives in Ghana. This planned project will help position the company for future international project consideration and continue to position the company for its uplisting to a major exchange.”
Read the full press release here.
Here’s the TPTW one-year chart…
STT ‘s Breaking News Chat alerted this less than five minutes after the press release. It led to one of my best trades last week.** Read the Trade Review below for full details.
I’m watching TPTW for potential dip buys into any big panic. And I’ll watch for potential spikes with news and, ideally, big volume. Volume dropped on Thursday and Friday, so that’s key.
TPTW was a great example of catalyst trading. Check it out…
Trade Review
StocksToTrade Breaking News Chat nailed the TPTW alert on Wednesday…
Every single person reading this should be using StocksToTrade Breaking News. Yes, I’m an investor in StocksToTrade. But, more importantly, I’m a customer. STT Breaking News doesn’t just alert all the news. They alert the most actionable news and most important catalysts.
Retweet/favorite this if you want a video lesson on how I just NAILED $TPTW while $TSOI $PBYA $FERN $RGBP $DPLS are boring AF! Hint: be sure to use https://t.co/9qqyKfKepD every single day, stop missing these damn gimmies!
— Timothy Sykes (@timothysykes) August 25, 2021
Here’s the trade…
TPT Global Tech Inc. (OTCQB: TPTW)
When I saw the “Solid alert” comment from the Breaking News Analyst, I didn’t hesitate. It was moving fast, so I only got a partial fill.
Here’s the TPTW intraday chart with my entry and exit…
As you can see, I sold WAY too soon. Still, it was one of my best trades last week. Did I underestimate it? Yes. But I’ll take a 27% win and $1,794 in profit any day.* Especially in August.
That trade is a great example of what catalyst trading is all about. And it’s another example of why I LOVE penny stocks.
Which leads me to…
Monday Motivation
My goal as a teacher is to bring more clarity to this niche. And I’m constantly telling people to study hard…
But what should you study?
Study my video lessons, DVDs, webinars, watchlists, and trade commentary. Study my millionaire students who show every trade and share their thoughts….*
Tips from several of my top https://t.co/occ8wKmlgm students turned masters: study hard, be obsessed, no days off, size up over time, but you also need the right strategy…too many hard workers just have the wrong jobs! @mari_trades @Jackaroo_Trades @RolandWolf86 @traderkylec pic.twitter.com/LlFHRhA0va
— Timothy Sykes (@timothysykes) August 27, 2021
Soak it all in. Be a sponge.
Hone your skills and refine your process with small size. Then size up later. Remember, it’s not just how much money you can make or lose.
With that in mind, here are this week’s…
This Week’s Top Tested Trading Tips
It’s two for the price of one this week…
Top Tested Trading Tip #1: You Can’t Impose Your Will On the Markets
I don’t set monetary goals in trading. If you do, you’ll probably be severely disappointed. I see a lot of people trying to take as many trades as they did in January. Or trying to trade full size.
You don’t have to do that. You don’t have to trade at all. It’s not just about making big gains. Focus on how to utilize the plays that the market gives. And remember — cash is a position, too.
Top Tested Trading Tip #2: Use the Best Tools Available
Personally, I would NEVER trade without Level 2 and StocksToTrade Breaking News. I can’t imagine going back to trying to keep track of all the different sources of news. It’s too much for anyone.
And when I started 20+ years ago we didn’t even have Level 2. Now I use it on every trade. It’s not an exact science, but without it, I’d feel blind. Not only does it help me to get into trades, but it also helps me get out. THAT is crucial — especially if a trade is going against me.
Now, for a very important announcement. Please help spread the word…
Why I’m Matching Our Karmagawa Fundraiser For Afghanistan Dollar for Dollar
I’m proud to announce we’ve raised over $150,000 for Afghan refugees, so thank you for your support. If you haven’t yet donated, watch this video as I’m matching every donation dollar for dollar.
I’m proud to announce that our @karmagawa fundraiser for Afghanistan has now raised $150,000+ in a week & I’ll be personally matching ALL DONATIONS DOLLAR FOR DOLLAR so now we have $300,000+ for Afghan refugees, 100% to be donated to give them food, water, medical & shelter too! pic.twitter.com/aH4Z3n4qcf
— Timothy Sykes (@timothysykes) August 27, 2021
**Donate to Karmagawa’s Fundraiser for Afghanistan Here**
This is a massive humanitarian crisis. Let’s put the politics aside for now, come together as one people on one planet, and help those in need. Afghan refugees are just beginning to face hardships that could last for years.
Remember, even a small donation can help feed a family for a month. Let’s do this.
Trading Education
This is where your journey begins. Change your mindset from making money to learning with these trading education resources…
New to penny stocks? Start with my FREE penny stock guide.
Also, get my best-selling book “An American Hedge Fund” here at no cost.
For the basics of my strategies, read “The Complete Penny Stock Course.”
And if you think you have what it takes, apply for the Trading Challenge. Only apply if you’re willing to study hard. It’s not easy, but it’s where all my top students refined their skills…
**Apply for the Trading Challenge Today**
Trading Challenge students also get access to my daily watchlists. All successful traders make their own watchlists. Studying mine (and those of other successful traders) is a good start, but you need to learn…
How to Create Your Own Penny Stock List
Answers to watchlist FAQs…
How Can You Create Your Own Watchlist?
To start, look for big percent gainers. For two decades, big percent gains have been my #1 criteria. After that, I look at trading volume and a catalyst or reason behind the price action. Read “Stock Watchlist Guide: Tips & Examples to Develop Your Own” for details about the entire process.
Should I Create a Watchlist Every Day?
All serious traders create a daily watchlist. If you’re serious about trading penny stocks, making a daily watchlist is essential.
Does Tim Sykes Provide a NO-COST Watchlist?
Yes. Subscribe to my weekly penny stock watchlists below.
How to Use the Top Penny Stocks List Weekly Update
When you read the weekly penny stock list (and the monthly watchlist), don’t think of them as hot picks. Frankly, sometimes they’ll be duds. That’s why it’s called a watchlist. Welcome to penny stocks.
👉🏼 SUBSCRIBE to my NO-COST weekly stock watchlist here.
It all starts with looking for big percent gainers. Try to figure out why I’ve put the stocks on my list. Study so you can help yourself become a self-sufficient trader. Only fools chase hot picks.
What do you think about this penny stocks list and weekly update? Comment below, I love to hear from all my readers!
Disclaimer
*While Tim Sykes has enjoyed remarkable success trading stocks over the years, his primary income derives from the sale of financial education products and subscription services offered by various businesses and websites in which he has an ownership stake.
Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed are exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
**Tim has a minority ownership stake in StocksToTrade.com.
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