Penny Stock Mania! My Favorite Picks Below
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Small caps and penny stocks have been H-O-T. It has been a long time since we’ve caught a 1000% play but just last week I alerted COSM 0.00%↑ at 7 cents when I saw it had nearly 700% short interest and that play ended up touching 70 cents!
Like mentioned in Weekend Wall Street, we have a loaded economic calendar on tap for us this week and when we have situations like these, were large cap stocks and ETF’s are going to be volatile, retail tends to put their money in these micro-cap stocks and penny stocks. This is because institutions are not allowed to trade these stocks that are so cheap, volatile, and low in market cap.
Below are some of my favorite picks with price targets and stop losses.