How We Find the Diamonds in the Rough.
Its been my best stock investment ever. Trading penny stocks can be extremely lucrative and incredibly risky.
Those are serious profits. And the stock is still climbing. For instance, VistaGen Therapeutics Inc. That's why we stress the fact that not all penny stocks are created equally. Some trade for just a few pennies for a reason. And to help you find the best penny stocks to buy in , we've developed our own criteria to uncover penny stocks with the most potential.
We know you prefer the most affordable opportunities out there, but it's more important to invest in quality stocks than it is to find the cheapest stocks.
By applying this criteria to penny stocks, we're able to find legitimate companies with serious growth potential. Now that you know how we screen for the best opportunities, here are the five penny stock picks that fit these parameters….
NEPT makes nutrition products like krill oil and seed oils. The company is looking to enter the cannabis oil extraction business instead of krill oil production. This could be a watershed moment for Neptune, as California legalized recreational cannabis on Jan. But by applying their expertise in oil extraction to the massive growth in the marijuana industry, Neptune is positioning itself to surpass this estimate.
PTI is a pharmaceutical company developing treatments for cystic fibrosis patients. The company's lead product candidate, PTI, is an oral treatment for cystic fibrosis and is currently in phase 1 clinical trials.
Proteostasis' CEO Meenu Chhabra said that the clinical trials were on pace to begin dosing patients with PTI in the first half of , with initial results in the second half of the year. The next stock on this list is another promising biotech company that could double this year…. Click here to jump to comments…. Required Needs to be a valid email. The 5 Best Penny Stocks to Buy in Follow Penny Stocks Alerts. Avoid stocks with average daily trading volume of less than , shares.
Avoid penny stocks being aggressively promoted in public discussion forums or websites not focused on investing. Here are the top three warning signs of a shell company scam, according to the SEC and FINRA… If a company has been dormant for many years and then brought back to life.
If a company has changed its name and, especially, business focus multiple times. Check for massive reverse stock splits like 1-for, or 1-for, James Rivera January 24, make money.
Jim January 26, Sign me up. Derek January 27, interesting. Michael Foster January 29, Help. Reliq Health Technologies provides SaaS solutions for home healthcare. Patients are onboarded through partnerships with health care organizations, primarily through two Texas-based organizations, Paz Home Health and Rio Grande Valley Health Alliance. On December 10, , the Company announced two new hires to the executive team; Dr. The Company operates six medical clinics offering primary healthcare services in BC.
WELL aims to consolidate and modernize primary healthcare assets. Following its acquisition of the medical clinics in February , the Company completed the sale of its subsidiaries, Canada Yoga and Shakti Yoga Apparel. On August 28, , the Company announced that it will acquire 13 health care clinics across B. Cannex Group Holdings is a Canada based company with cannabis operations in Washington and California. Cannex is focused on premium indoor cultivation, extraction, manufacturing and branding of edible and derivative products, as well as retail operations.
Cannex plans to produce from two indoor cultivating facilities with a combined 30, sq. On November 26, , Cannex announced a letter of agreement to combine with 4Front Holdings, a leading retail and brand development company in the U. Fura Gems is a mining developer, the only publicly-listed company in the colour gemstone space. The Company operates two assets in the exploration phase, both located in the country which produces the most of its respective gem.
Its Mozambican Ruby project, acquired in November and recently expanded, has completed 2,m of drilling and plans a further 3,m in the next phase. Rise Gold is a junior gold explorer focused on its historic Idaho-Maryland mine in California.
The mine historically produced 2. Au between and , with production peaking at , oz. Rise aims to continue its drilling program, which has thus far found results including On December 13, , the Company released assay results for its drilling program at the Idaho-Maryland mine.
The results indicate several new targets including a 52 vein area assay with Employees receive a Mastercard or Unionpay payroll card, and can conduct banking transactions through its mobile app. Tethyan Resources is a junior exploration company operating in the Balkans.
For example, Pharmaceutical Company A is trading at a historical low. That's why we stress the fact that not all penny stocks are created equally.
The Guru is someone who has made tons of money with penny stocks, using techniques that he or she would sell at a very small price.