What Is a Penny Stock: A penny stock refers to a small company’s stock that typically trades for less than $5 per share. Although some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most penny stocks trade via over the counter (OTC) transactions. Transactions take place through the electronic OTC Bulletin Board (OTCBB) or through the privately-owned Pink Sheets. There is no trading floor for OTC transactions, and the quotations are also all done electronically.
The desire to make a quick killing in the stock market draws many inexperienced investors to trade in penny stocks. Unfortunately, this also means many people lose their money in the blink of an eye.
Why would anyone take on this type of risk? As the saying goes, “the higher the risk, the higher the potential returns.” If invested in the right companies, penny stocks can provide enormous returns. So if you’re comfortable with the risk versus return trade-off, and understand that you could lose your money, penny stocks could play a role in your portfolio.
Bullish Basics: Although nobody’s really sure where the investor slang originated, a bullish stock is one with consistently rising prices over the long term. It’s not quite as simple as straight-line growth, however: A bullish stock’s value may rise and fall periodically, but every time its value peaks, it’s at a higher point than the previous peak. This is also known as “ascending tops,” although that phraseology isn’t nearly as flashy, so you probably won’t hear many on-air analysts use it. Because of their continued growth, bullish stocks are good investments.
Bullish Markets: Just like a single stock’s growth can be bullish, the market can be described as bullish as well. Typically, investors reference an index, such as the Dow Jones or NASDAQ, and examine its peaks as a measure of the entire market’s health or performance. Bull markets display price graphs with ascending tops and are associated with periods of economic growth. Bull markets don’t necessarily equate to bullish stocks across the board, and individual firms’ stocks may under-perform the market, just as some stocks are bullish when the market isn’t.
Best Penny Stocks to Trade is a group whose objective is to help traders find the best swing trades for success.
Our alerts/signals come from an algorithmic system that we created for penny stock/ OTC swinging.
Before we release our system to the public, we’re going to spend the next 6 months posting alerts. You will be able to look back at these alerts to see how successful they are.
Penny Stock Swing Trade Alert for 3.18.2020 —> NVAX
Novavax Inc is a biotechnology company that develops vaccines. The company works in the clinical stage of development with a focus on delivering novel products that prevent a broad range of diseases. Novavax works together with its wholly-owned Swedish subsidiary to produce vaccine candidates to respond to both known and emerging disease threats. The company believes its vaccine technology has the potential to be applied broadly to a wide variety of human infectious diseases.
Novavax develops product candidates geared toward all age demographics of the general population.
Cantor Fitzgerald Earlier Upgraded Novavax To Overweight, Raises Price target To $16 As Firm Notes Co.’s ‘coronavirus-vaccine program isn’t risk-free but shouldn’t hurt investors.’
Phase 3 data from NanoFlu is due in the first quarter of 2020, and updates on progress in a COVID-19 vaccine program are likely to serve as catalysts for Novavax, according to Cantor.