Terra Tech Corp (OTCMKTS:TRTC) 2 Prong Approach

Terra Tech Corp (OTCMKTS:TRTC) 2 Prong Approach

A hot OTC penny stock is Terra Tech Corp (TRTC) , which is a cannabis-focused agriculture company. Shares of the company are currently trading in the $0.33-$0.34 range, and the current market capitalization of the company is just over $118 million. Over a 52-week period, shares of the company have traded in the $0.08 to $0.75 range. The company engages in two primary fields of business – hydroponic produce (including produce, herbs, cigarettes and floral products) and cannabis products (including the design, marketing and sale of equipment). TRTC is looking to make a major move within the expanding cannabis industry. In fact, a number of other cannabis and medical marijuana companies are also seeing heavy trading volume right now in the OTC markets. Investors refer to this as the “Green Rush” – the great race to become a market leader within the emerging cannabis industry. Obviously, there is a tremendous amount of regulatory risk surrounding California-based TRTC (and every other company in the industry), but the growing consensus appears to be that this is a fast-growth field with enormous market potential. There’s one upcoming stock catalyst for TRTC, and that’s new ballot initiatives currently under consideration within California and Nevada that would further legalize marijuana use within the country. The company has already launched plans to operate medical marijuana facilities in Nevada through a number of subsidiaries. Recent concerns about a reverse stock split at the company seem to be over, and that could free up the stock to make a move upward if the ballot initiatives pass. What makes TRTC stand out from other competitors in the industry is its...

Penny Stocks to Buy Now: (NYSE:XCO), (NYSEMKT:AUMN)..

Penny Stocks to Buy Now: EXCO (NYSE:XCO), Golden Minerals (NYSEMKT:AUMN) and Banro (NYSEMKT:BAA)   In both the energy and mining sectors, sharp swings in commodity prices could turn several speculative penny stocks into real winners. It’s important to keep an eye not only on spot market prices for commodities such as oil, gas and gold, but also on long-term secular changes that are changing the balance between supply and demand.   Within the oil & gas sector, one major change has been the embrace of shale gas & oil exploration, and one company that could be poised to profit from this trend is EXCO Resources (NYSE:XCO), a Texas-based oil and natural gas company with strong shale resource plays within the continental United States. The company’s three big shale oil deposits are located in Texas, Louisiana and Appalachia.   Right now, investors are down on the company, with a consensus “sell” rating on the company. Shares of the company currently trade at $1.10, and the price target for the company is only $0.50. That would seem to suggest that shares of the company are going to collapse to a 52-week low ($0.51), compared to a 52-week high of $1.94.   But it’s exactly this pessimistic market sentiment that might lead to a real bargain for the stock. This is not a tiny company – the total market capitalization of EXCO is $290 million, with 65% institutional investor ownership. Think of this as a chance to go contrarian.   As recently as July 2015, RBC Capital Markets had upgraded the company from “Sector Underperform” to “Sector Perform.” There’s also been a...

Penny Stocks to Watch (NASDAQ:CTIC & NASDAQ:PTX)

Penny Stocks to Watch (NASDAQ:CTIC and NASDAQ:PTX)   Penny stocks to watch in this volatile market can be hard to find.  The bio-tech sector has some of the fastest-growing companies with the greatest potential for upside gain. Often, these companies can skyrocket to massive highs if a new clinical trial goes well, or if the company undergoes a major reorganization that brings in fresh investor capital. There are two biotech penny stocks – CTI BioPharma Corp (NASDAQ:CTIC) and Pernix Therapeutics (NASDAQ:PTX) that appear to have exactly that kind of upside potential.   The first on our list of penny stocks to watch, CTI BioPharma Corp (CTIC), offers targeted therapies for a wide range of blood-related cancers and other serious blood conditions. The stock is currently trading at $0.403, and over a 52-week period, has traded in a relatively narrow range of $0.25 to $1.75. However, right now, Piper Jaffray currently has a $0.75 price target for the stock, which has a market capitalization of over $120 million. There appear to be at least three primary catalysts for the stock to move nearly 50 percent higher. One is the recent release of data about PERSIST-2, a Phase 3 clinical trial from the company to develop a treatment for patients suffering from myelofibrosis, a debilitating blood condition that leads to lower quality of life and shortened survival time.   Another primary catalyst is the improved earnings picture for the company. On August 4, the company reported earnings per share of $0.07, topping analysts’ consensus estimates of $0.10. Finally, the third primary catalyst is the changing ownership structure of the company, with...
Microcap Stocks:  Can Be Rewarding Investments

Microcap Stocks: Can Be Rewarding Investments

What are Microcap Stocks? Microcaps have a market cap of $50 million to $300 million.  Most traders go for the bigger companies and bigger name stocks when investing.  As a result there are many micro-cap stocks that get overlooked. Microcap stocks sell for $5 or less per share. While you most likely will not become the next Warren Buffett by investing solely in micro-caps, you can and should add a small percentage to your portfolio.  Just as you will not become filthy rich with microcaps, you will most likely not go broke either. Because of the minimal selling price there is so much less risk. Whether you are looking to improve your existing portfolio or you are just getting into investing, and you do not have a lot of money to spend, these micro stocks can be an rewarding investment. Some of the companies that exist in the micro-cap sector are relatively new, which makes researching them a bit more difficult than a company such as GE.  If you do spend the time you can find some excellent stocks. When looking for a microcap stock to invest in you should consider things such as management, what the current hot products in the industry are, and some evidence of stability. Share and...

5 Biggest Stock Market Criminals of 2016

Biggest Stock Market Criminals   Stock Market Criminals of 2016 Samuel DelPresto:  Sam is our 1st stock market criminal, he teamed up with others to secretly obtain control of substantially all available stock in four micro-cap companies and to facilitate coordinated trading that created the appearance of liquidity and market demand for the stocks.  After unwitting investors were enticed through promotional campaigns to buy the stock at inflated prices, DelPresto dumped his shares on the market. Like most penny stock crooks, he thought the SEC would somehow not know what he was up to. Game over Sammy!     Martin Shkreli: according to the SEC’s complaint filed in federal district court in Brooklyn: Shkreli was portfolio manager for the hedge fund MSMB Capital Management LP from October 2009 to March 2014, and also served as portfolio manager of another hedge fund he founded and controlled named MSMB Healthcare LP Shkreli is a notorious stock market criminal, he misappropriated about $120,000 from MSMB Capital Management from October 2009 to July 2011 to unlawfully pay for food, clothing, medical expenses, clothing, office rent, and cash withdrawals. Shkreli misled investors and prospective investors in MSMB Capital Management about the fund’s size and performance, claiming for example in July 2010 to have “returned +35.77% since inception on 11/1/2009.”  In fact, the fund generated losses of about 18 percent. In another example, Shkreli falsely stated in December 2010 that the fund had $35 million in assets under management.  In fact, the fund had less than $1,000 in assets in its bank and brokerage accounts. Shkreli lied to one of MSMB Capital Management’s executing brokers in...

Best Penny Stocks to Buy.

Best Penny Stocks to Buy. Best Penny Stocks.  Penny Stocks is a business, and you need to develop a clear plan of attack. A “business plan” if you will.  The most important factor to consider before speculating in the Penny Stock market is that you must establish a trading plan and not deviate from it. Greed is the cause of deviation. If you are able to stay focused and follow your trading plan, the you will become a successful trader. Follow these 2 simple rules that are easy for anyone to remember and will help you lock in a profit. RULE 1. Learn to accept many small losses.  Money cannot consistently be made trading every day-week-month of the year.  Whenever you trade into a losing position, take the loss and move on.  NEVER add to a loosing position.  Wishful thinking will get you in deep sh*t and must be taken out of your mind. RULE 2. Lock in your profits.  Once you relize a capital gain and see the stock starting to loose some of its steam, or reach the HOD, then it’s time to sell.    Simple rule to rember when locking in profits always take half.   So if I’m up $2,000 on the day. I lock in half my profits by selling half of my position, and keep the other half to ride the wave.  Remember to set a stop loss on the remaining position to protect your profit. Penny Stocks are very volatile and you can see your profits evaporate in a matter of minutes if you are not careful.  If you are up, sell and move...