DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
—
FURTHER READING ON PENNY STOCKS
1. Bruce McWilliams. Penny Stocks: How the Small Investor Can Make Large Profits in the Penny Market. Warner Books, 1982.
2. Ira Cobleigh, and Peter DeAngelis, CFA. The $2 Window on Wall Street: How to Win Big in Low-Priced Stocks. Macmillan, 1986.
3. F. Philip Rice. Getting Rich with Low-Priced Stocks. Prentice-Hall, 1984.
4. Robert Irwin. Profits from Penny Stocks: An Investor’s Guide to Low-Cost Stocks and Company Start-Ups. Berkely Books, 1987.
5. Robert Frick and Mary Lynne Vellinga. Keys to Risks and Rewards of Penny Stocks. Barron’s Educational Series, 1990.
6. Peter Leeds. Penny Stocks for Dummies. 3rd ed. Wiley, 2021.
7. Ogden Scoville. The Small Investor’s Handbook: For Long-Term Security or Quick Profit. Barnes & Noble Books, 1971.
8. Hilary Kramer. The Little Book of Big Profits from Small Stocks. Wiley, 2011.
9. Robert Metz. Jackpot! Everything You Need to Know About Smart Money Investing in the New Wall Street. Simon & Schuster, 1977.
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
I come to You oh Lord
With a thankful heart
I sing my song of love
And praise for who You are
For You oh Lord are a great God
Glorious and strong
You oh Lord are a great God
I worship You alone
I bring to You oh Lord
A sacrifice of praise
And of Your wondrous works
I’ll sing for all my days
For You oh Lord are a great God
Glorious and strong
You oh Lord are a great God
I worship You alone
Taken from here.
I am in no way supporting cannabis stocks or Lehman Brothers stock. Only this stock screen, in the financial sense, because I believe these were the types of penny stocks in Luke 19:11-27.
UPDATE: 3/21/23 – UPDATE ON DIVIDEND STOCKS
It appears that dividend stocks are only useful in the long-term if their dividends stay the same. Perhaps the top two high dividend stocks that I’ve been monitoring for months–ZIM and PBR–are not good long-term stocks. For the longest time ZIM’s dividend yield was around 130%, and PBR would always pop up as second place on the list, with a dividend yield of 64% or something like that. Now its a different story. Now ZIM shows up with a 74% dividend and PBR doesn’t show up at all. But their runners up are still there where they’ve always been: HGTXU (31% dividend), CHKR (30% dividend), and ARR (25% dividend). On 1/5/23, I can say that HGTXU and CHKR were at 26% and 24%, so there has only been slight fluctuations there. But before you get too excited, the PE ratios of these stocks say it would take 5 to 8 years to see your original principal deposit come back to you, let alone any profits from new returns. That’s not a good deal. If anything it shows us three things: 1. Don’t put all your hopes in one dividend stock, because dividend stocks can change over time. 2. If you are going to buy a high dividend stock, then buy three or four more to diversify. 3. Short-term trading with penny stocks, microcaps, and small cap stocks are all a safer bet. This way you don’t lull yourself to sleep with a dividend stock, which years down the road radically changes your financial situation right under your nose, as you snore your investing days away like Rip Van Winkle.
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
The fool says in his heart, “There is no God.” –Psalm 14:1
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
—
Toxic Masculinity on Wikipedia
Christian Manliness on Wikipedia
Chivalry on Wikipedia
Tough Guy on Urban Dictionary
Gentleman on Urban Dictionary
—
UPDATE: 3/1/23
Observing the factors, or common denominators of successful penny stocks, or properly microcap stocks, if plugged into Finviz, could probably increase your chances of hitting one some day. The Finviz Elite custom screener can help you to narrow down the penny stock list and increase your odds of smacking a big gainer some day.
UNCOVERING THE MYSTERY OF PENNY STOCK FACTORS…
It seems to me, at least at this point, that the most useful penny stock screen, which could only be done by Finviz Elite, would be something like this. Although this is hard to confirm without Finviz Elite just yet:
1. VOLATILITY: MONTH – OVER 9% (TOP 25 ANNUAL TOP GAINERS RETAINED WITH 779 STOCKS LEFT IN THE PENNY STOCK LIST).
2. AVG. VOLUME: UNDER 31 MILLION – THIS WOULD LIKELY RETAIN THE TOP 25 GAINERS WHILE WINNOWING THE LIST DOWN TO SOMETHING MUCH SMALLER, THUS INCREASING THE ODDS OF A HIT).
3. RELATIVE VOLUME: UNDER 24 – THIS WOULD RETAIN THE TOP 25 GAINERS AND MAKE THE STOCK LIST EVEN SMALLER.
4. PRICE: UNDER $30 – THIS WOULD HAVE TO BE THE FINAL FACTOR. NO MORE NARROWING COULD BE POSSIBLE. NOT MARKET CAP OR ANYTHING ELSE WOULD BE ALLOWABLE. NOT BY EXCHANGE: ALTHOUGH 95% OF THE WINNING PENNY STOCKS WOULD BE ON NASDAQ. NOT EVEN SALES GROWTH. REMEMBER: THESE ARE NOT “GROWTH” STOCKS. THEY ARE UNPREDICTABLE PENNY STOCKS THAT CAN HAVE ONE-TIME GAIN EXPLOSIONS IN A SINGLE DAY. THE TRICK SEEMS TO BE, TO OWN AS MANY AS YOU NEED, IN ORDER TO ROTATE THEM, WITHOUT HAVING TO BUY AN EXCESSIVE AMOUNT OF PENNY STOCKS. THE VOLATILITY, VOLUME, AND PRICE RANGE FACTORS SEEM TO BE THE BIGGEST DEAL.
If these four factors were applied in the ALL tab on Finviz Elite, then I’d have to say the penny stock list might be in the 200s. If you bought all of them, then that would be pretty good odds of striking it rich with one of them over the course of the next year. But you need to monitor their real-time price changes every day in Schwab, Finviz Elite, or the TipRanks Smart Portfolio.
THEN AGAIN, THERE’S ALWAYS THE DRAMATIC GAINER PINK SHEET PENNY STOCKS ON “OTC MARKETS“. BUT I DEFINITELY WOULDN’T PUT A LOT OF MONEY INTO ANY OF THESE; AND CERTAINLY NOT UNLESS THE TIPRANKS SMART PORTFOLIO INDICATED A DRAMATICALLY GAINING PRICE CHANGE
UPDATE: 3/2/23 –
Investopedia says, “Despite the inherent risks, the opportunity to turn a small investment into a potential fortune continues to attract traders to the OTC market.” This is what happens when you try to plug today’s top 100 advancers from OTC Markets and today’s top 100 price change gainers from Finviz into the TipRanks Smart Portfolio: Today I went on the OTC Markets website just out of curiosity. I populated the top 100 penny stocks on the Current Market: Advancers page. I tried to plug all of them into my TipRanks Smart Portfolio for monitoring, but it only accepted some of them. But even so, this approach has got me excited about making some gains by this method. As Wesley said, “Gain all you can”:
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
—
This historical sketch is taken from The Penny Stock Reform Act of 1990, pp. 9-10.
—
BOOKS ON 3-YEAR GROWTH STOCKS
1. T. Rowe Price’s Picking Growth Stocks (Barron’s, 1939)
2. Philip Fisher’s Common Stocks and Uncommon Profits (Harper & Brothers, 1958)
3. Peter Lynch’s One Up on Wall Street (Simon & Schuster, 1989)
BOOKS ON SHORT-TERM PENNY STOCKS
1. Bruce McWilliams’ Penny Stocks (Doubleday, 1982) – reviewed: Financial Analysts Journal
2. Robert Frick and Mary Vellenga’s Keys to Risks and Rewards of Penny Stocks (Barron’s, 1990)
3. Peter Leeds’ Penny Stocks for Dummies, 2nd ed (Wiley, 2016)
UPDATE: 2/22/23
MORNINGSTAR HAS BEATEN VALUE LINE
AS THE LEADING STOCK RESEARCH COMPANY
Not only as a stock, but likely also as a stock screening service. Public libraries, Glassdoor, Wikipedia, and just frustrated Value Line customers like myself can tell you that Value Line is no longer the line to pursue value in. Its Morningstar. Its been this way since 2009, ever since Value Line’s SEC fraud scandal…
—Investing for Dummies, p. 378
—Value Investing for Dummies, pp. 94-5
—
UPDATE: 2/24/23 – Penny stocks are defined as all stocks under $5.oo and sometimes as stocks under $1.00. I think these barchart.com lists might be a good way to screen for strong performing penny stocks:
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=10y
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=5y
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=3y
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=2y
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=ytd
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=6m
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=3m
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=1m
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=5d
—
WesleyGospel.com 