Top Reddit penny stocks to watch: key takeaways
- You have to take the chance! These stocks have big news — here’s what I’m watching…
- Stock #5 announces unusual news for a penny stock — which could mean big gains.
- Stock #2 just announced a deal with one of the largest companies in the market. look at this…
What are the top stocks I checked on the Reddit penny stock site, and I came up with 5 must-see stocks. They have plenty of news to create trading opportunities. Is there potential for “easy money” and big runs? Check it out for yourself below!
- Petroteq Energy Corporation (OTCPK: PQEFF… Read my full analysis here.)
- Talon Metals Corp. (OTCPK: TLOFF… Read my full analysis here.)
- Mission Ready Solutions Inc. (OTCQX: MSNVF… Read my full analysis here.)
- OppFi Inc. (NYSE: OPFI… Read my full analysis here.)
- Vortex Brands Co. (OTCPK: VTXB… Read my full analysis here.)
5 Reddit penny stocks to watch this week
Remember, this watchlist is not a recommendation to buy or trade these stocks. Many traders in these chat rooms are HODLing.
they are more like investors or swing trader than day traders. It seems that a lot of people trust these companies. I think this is a huge mistake…
Ready traders don’t get caught up in chatter. Never blindly follow or listen to promoters or pumpers on social media and chat rooms. They all claim that these stocks are heading for the moon. they are not.
Most penny stocks fail.
If you’re looking to get rich quick or wondering “Can You Get Rich From Penny Stocks?” ……you are wrong mentality.
This will only result in bad trading habits such as all-in, shootouts and overtrading…
Don’t focus on money.
Get ready to take advantage of the hype and volatility, trade your patterns and trading plan, then continue.
New to penny stocks? Get my guide to trading this niche for free here.
You may not realize it, but when you focus on what you truly love and become an expert in that field over time, you are destined to be great. Too many people want to get rich overnight without the expertise, so the money they make is fleeting. Invest the time needed for lasting success!
— Timothy Sykes (@timothysykes) January 11, 2022
Reddit penny stock to watch #1: Peroteq Energy Inc. (OTCPK: PQEFF)
Petroteq Energy is an oil and gas company.
Important points about PQEFF…
- On November 8, the company announced that it had received a takeover offer.
- after full review, PQEFF’s board recommended shareholders accept the offer on January 4.
- The stock was trading near its 52-week high of 44 cents.
- One Reddit user seemed to think it was “fast cash. “
I’ll be watching for PQEFF to break out to a fresh 52-week high, ideally high volume and catalyst.But I will also pay attention to buying the broader market on dips morning panic.
Reddit penny stocks to watch #2: Talon Metals Corp. (OTCPK:TLOFF)
Talon Metals is a mineral exploration company focused on copper, nickel and cobalt minerals.
Important points about TLOFF…
- Reddit Penny Stocks Daily Thread Buzzed On Jan. 11 company transactions and Tesla Inc (NASDAQ: TSLA).
- Many Reddit traders admit they have Hold this stock for a few months. It’s no surprise that the stock price plummeted after the gap.
It has a lot of volume, so I’ll keep an eye on it. But only if I see the correct price action and one of my patterns will I plan to trade.
Reddit penny stock to watch #3: Mission Ready Solutions Inc. (OTCQX:MSNVF)
Mission Ready Solutions provides personal protective equipment to defense and security agencies.
Key Points About MSNVF…
- A Reddit user posted due diligence and the January 11 Catalyst thread.
- The stock was a former runner, but traded much higher when it surged in February 2021.
- MSNVF was in a minor uptrend and on Jan. 12 broke above 31 cents for months.
It’s trading on low volume, so I’ll keep an eye on MSNVF to buy any big panic on dips.
Reddit penny stock to watch #4: OppFi Inc. (NYSE: OPFI)
OPFI operates a fintech platform that allows banks to offer loan products.
Key Points About OPFI…
- OPFI isn’t technically a penny stock — it’s trading around $5.50 at the time of writing…
- But Reddit penny stock traders seem excited about OPFI. Three recent articles have covered the stock. A title is “OPFI has the potential to shine this week. ” you can read the other two here and here.
- On January 6, the company issued an announcement share repurchase program.
I will watch if OPFI breaks $6.
Reddit penny stocks to watch #5: Vortex Brands Co. (OTCPK:VTXB)
Vortex Brands is an energy company.
Important points about VTXB…
- On January 7, the company announced a 25-to-1 forward stock split.A Reddit user posted this thread After the news came out.
- The stock saw huge volatility following the stock split announcement.
- VTXB announced its bitcoin mining Income on January 10.
Forward stock splits are generally considered good news for large-cap stocks. VTXB is slowly recovering to its Jan. 7 high. This is a former runner, so I’ll keep an eye out for another news spike.But $0.0275 could be resist.
Check out the penny stocks I’m following
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But I don’t want you to blindly follow anyone’s stock picks and alerts — including me. Learn about the reasons behind my trades and stock picks. Then learn to find your own.
Final decision on Reddit penny stocks
Reddit chat rooms have the potential to push stocks higher.They can create huge short squeezes and Supernova. We’ve seen it happen in the past.
While the past doesn’t quite repeat itself, it often rhymes.
I’m in no way saying run out and buy these Reddit penny stocks.Chat room can be full sponsor as many as robots Twitter. But stocks with high volume and hype may present opportunities. So be aware of their potential play.
But always have a trading plan and be disciplined. Never trust the hype. Self-sufficient like my 20+ millionaire students…
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Which Reddit penny stocks do you think have the most potential? Let me know in the comments…I’d love to hear from you!