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Team Veritas RSS Feed

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64
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563
Created
08/22/10
Type
Free
Moderator Zer0Veritas
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Team Veritas is dedicated to providing you with the latest hot penny stocks. I spend my time scanning for the perfect stocks and present them for you all to take advantage of. When doing so I look for the following;

Low Float A/S and O/S
High potential
High volume
Hot news/upcoming

UNDERVALUED/OVERSOLD PLAYS.

Veritas is Latin for Truth. My goal is to provide you with true picks that make amazing gains without paid promotions, pump and dumps and manipulation.

My strategy is to find low floaters with potential and trade them, taking profits but also holding long positions for bigger gains. You can make a lot of money trading penny stocks but you can't trade them all the same.

Here are some things to look for in a runner:

1. Speculation - Upcoming news? Merger? 10q? FDA Approval? These are going to drive the PPS leading to the date of said date.
2. Volume - Heavy volume means heavy interest, always follow the volume.
3. Share Structure - Make sure the company has integrity and not using the stock as a printing press aka dilution. This is the #1 thing to look out for in the otc markets.
4. Read Charts/Watch Level 2 - Look for reversal buying/selling patterns, you can see bid support on l2 which can also show signs that company is diluting shares.

Worse thing you can do is get involved in a P&D - Don't waste your money on a paid promoters pay check, instead follow my above methods and put it into your own pocket.

Here are some websites I like to visit often:

otcmarkets.com <- get valuable information on companies before investing, tells you what the last updated Share Structure looks like.
americanbulls.com <- great for newbies that don't understand charts yet, gives good recommendations and explains the various candlestick patterns in real time day by day.
barchart.com <- very informative site, gives great buy/sell/hold recommendations that many traders follow and will give you a good indication of where the stock is headed.


With that being said welcome to the board and please feel free to post your picks and any good information to help new traders along the way. Now lets make some green!
 

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