THIS BOARD IS BEING CREATED TO LOOK FOR THOSE TRIPLE ZERO PENNY STOCKS WITH LOW AS/OS/FLOATS (AS under 2 billion/OS under 1 billion/Floats under 800,000) that have not reversed in last two years. Please no delinquent, dark or defunct stocks but companies that are current, in the process of becoming current, or have alternative reporting methods). The amounts stated here are approximate for guidelines; just like the price. Ideally it would be nice to find a stock with triple zeros, but low teens IMO is close enough. No exact science here.
Areas that companies that seem to be thriving in (If you have another area that is thriving, please get ahold of me (skyrocketinsight) and I will add it to the board.
or a company that is doing a reverse merger with another company.
Remember, sell when people are dancing on the roof tops and buy when people are jumping off the roof tops.
Usually a stock will run in the time leading up to an announcement (with the exception of reverse mergers that often time skyrocket when a reverse merger is announced).
Know what you got. If you bought into a stock with a low share structure, a ceo that doesn't like to reverse split his stocks and is dedicated to shareholder value, and a good game plan that will lead to increased revenue (net revenue), that IMO is a good company.
A lot of aquisition companies that buy companies with shares, beware (some of these companies will buy up companies with shares, reverse split the stock and start all over again. They do not care about the shareholder.
Several ways to find the next great penny stock: Go to the following links and find companies within your price range:
Then go to google and type the ticker name followed by reporting status:
IE: paog reporting status (at the google prompt).
Then look for the link that shows reporting status for PAOG in this example.
https://www.otcmarkets.com/stock/PAOG/profile Reporting Status
, Alternative Reporting
Standard. Audited Financials, Unaudited. Latest Report
, Sep 30, 2017 Quarterly Report
. CIK, 0001381800. Fiscal Year End, 12/31. OTC Marketplace, Pink Current ...
If you are not on the PAOG security detail page, double click Company Profile
in the left column. It should then take you to the page that lists the share structure.
IMO stay away from delinquent stocks/defunct stocks as you will not get an accurate list of the share structure. You may miss some good stocks this way but you could save yourself some grief by getting in a bad stock. I usually look for stock that has less than a billion shares AS (allowable shares). Sometimes there can be exceptions. Only you can make that determination.
Bigcharts: www.bigcharts.com and
cnnfn.com are other tools you could use to do further research.
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