Lightwave Logic is an Internet infrastructure company. This Penny Stock Checks All the Boxes for an Explosive RallyĬhris's top penny stock right now is Lightwave Logic Inc. You'll still make five times your money, but you'll do it in a few weeks or days instead of years.Īnd now, he's got an energy-tech penny stock in his sights – one he thinks we can expect a $0.05 move that'll hand us 70% in gains. It takes much less for a $0.05 stock to become a $0.25 stock than it does for a $500 stock to become a $2,500 stock.
He's turned his scanners loose on the over-the-counter (OTC) market, where stocks can trade for anywhere from mere pennies to a few bucks – an area where he's seen some incredible, head-spinning moves.
To help us find the best penny stocks to buy, Chris applies his 30 years of experience using trends, momentum, and volume to find stocks with the sort of volatility that can double or triple your investment. “To make money on low-dollar stocks, you need them to move,” Chris says. That’s why Money Morning Quantitative Specialist Chris Johnson says “volatility is your best friend.” These stocks wouldn’t move very much, even at their low price, without volatility. Stocks trading under $5 a share – the SEC’s definition of a penny stock – or even better, stocks trading under $1, only have to move a few cents to give traders triple-digit returns.īut that’s not the whole story. What gives penny stocks this sort of potential is their low price. Penny stocks offer traders the chance for massive returns over a short period. Penny stocks today Penny Stocks That Will Explode
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