“Regular” Stocks That Trade Like Penny Stocks

Don’t judge a book by its cover… ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Good Morning! GameStop Corporation (NYSE: GME) was back at it again last week. Thursday evening around 7:45 pm Eastern, GME ran up to $67.50… And then it collapsed after that. This is what the chart looked like between Thursday and Friday morning. GME 5-Day Chart; 1-Minute Candles And look at AMC Entertainment Holdings (NYSE: AMC) during the exact same time period. AMC 5-Day Chart; 1-Minute Candles Look familiar? I don’t even have to add the arrows since AMC simply played follow the leader with GME. As I mentioned in my [Premarket Prep]( on Friday morning, GME and AMC trade like true penny stocks. And no, GME is not technically a penny stock, but it sure acts like one. Sponsored Tomorrow’s Hottest, Most Explosive Trade Ideas On A Silver Plate Imagine getting a silver plate full of the most EXPLOSIVE trade ideas… Delivered right to you, every single morning. For traders who’ve discovered [the APEX system…]( That’s a daily reality for them… Seeing over a DOZEN+ trade ideas with double- and triple-digit potential at each NEW market open. Ready to discover how you could tap into these same-day explosive setups too? [See what you’ve been missing out on here.]( “Penny stocks” is sort of a misnomer as the term actually refers to any stock trading under $5 per share. Trading penny stocks comes with a lot of risk… These companies can be small startups with an uncertain financial future and if they trade on the Over-the-Counter Market (OTC), as many do, they are subject to much less scrutiny than pennies trading on the NYSE or NASDAQ. On the plus side, there’s not a lot of competition in the penny stock market. By that, I mean that sophisticated institutional investors aren’t buying penny stocks. So for a penny stock trader, even with a very simple trading plan, you can outsmart your competitors. Do you have a trading plan? If not, watch this video where I show you how to create one in three easy steps: [[ratio]  ]( With penny stocks, the fundamentals of the underlying company never really matter. It’s all about price movements, patterns, momentum, and other technical indicators. It can be a crappy company, like GameStop or AMC, but you can make huge gains in less than a day, and sometimes massive gains in just minutes. These stocks move on hype or media buzz. Actual news has more staying power but a post on Reddit can definitely do the trick. Speaking of Reddit, that’s precisely where Roaring Kitty posted on Sunday, June 2nd revealing his more than $200 million stake in GME. That post alone sent GME stock “roaring” back the following morning. If you don’t know who Roaring Kitty is, you [should]( He’s just an ordinary guy who has morphed into the GameStop god. And he’s pretty much the whole reason meme stock trading exists. Read more about meme stocks [here](. Roaring Kitty can steer GME’s price just by appearing on social media, or so it seems. And he did it again Wednesday night when he announced he would be live-streaming on Friday. That sent the stock on a steady climb throughout the day on Thursday. Enter Oracle, our algorithmic trading tool… It gave us the green buy signal for GME on Thursday at $32.89 per share. If you bought in at the signal price and held it until it topped out before the closing bell, you could have made a 44.42% profit. See the price action below after the Oracle alert came in… GME Oracle Chart Not too shabby for a day’s trading… But that was only during regular market hours. Remember, it kept going after the market closed. If you had held it until the tip-top price of $67.50, you would have had a 105.23% gain!!* Oracle knew something was going to happen with GME. It scans the entire stock market every morning before it opens and identifies signals telling us when to enter a stock based on price weakness or strength. Green, or bullish to go long, means strength. Red, or bearish to go short, means weakness. Oracle is THE tool for trading penny stocks because its algorithm knows how to read all the indicators and patterns. The Oracle system does most of the heavy lifting for you when trading penny stocks, or stocks that act like penny stocks, i.e., GameStop and AMC. Learn all about it tonight during my [free live training webinar at 9 pm Eastern](. So I mentioned that Roaring Kitty announced Wednesday night that he would be live streaming on Friday… And he did. If you don’t already know, you probably wonder what happened with GME stock. Here’s a chart of where it was shortly after the streaming session ended. GME Intraday Chart; 1-Minute Candles In the session, he reiterated that he is bullish on the stock and believes in the company’s turnaround plan, among other positive comments. So am I surprised that it’s down? No… This turn of events only reinforces my belief that penny stock trading, especially meme stock trading, can be extremely risky and unpredictable and must be undertaken with caution. With that being said, I urge you not to count it out from your investing plan until you learn more about it. In fact, [watch this video]( to hear all my reasons you should trade penny stocks. And if penny stock trading really isn’t for you, you might be interested in swing stock trading, which allows for less micromanagement of your trades. [Watch this presentation]( about our proprietary AI trading tool, IRIS, that helps you identify quality swing trade ideas. Along with access to the system, you’ll get trading plans, analyst reports, weekly live training sessions, and more. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade Sponsored   Hottest Penny Stocks to Watch Right Now (Write These Tickers Down) If you’re not trading small caps or penny stocks right now, you might be leaving a LOT of gains on the table. Because small caps and [penny stocks are going crazy right now](. In the past few trading sessions, we’ve seen: $FFIE GAIN 7,700% in 3 days, $CRKN GAIN 657% in 4 hours, $BNED GAIN 180% in 27 minutes. [Click Here Now to Get Tim Sykes’ Hottest Penny Stocks to Watch Today.](   Sponsored ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. 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