Bullish week on tap for penny stocks.
Of the 80 companies I follow, there are several that look particularly promising and which I may jump into at any time, including LEXG, CEGX, GIGL, HEMP, ICLD, NTEK, QTM, RMHB, RNVA, SIPC and ZRZH.
Keep in mind that I'm a trader, not an investor. For example with LEXG, I have my suspicions that the company is a scam. Their "news" is all fluff and not from independent resources; they report their own 2:1 results without independent verification; and they post their own stock coverage news. All are very suspicious, so while I'd never consider investing (long-term) in a company like LEXG, I'm happy to make short-term in & out transactions to profit from the speculation of less-experienced traders who may ultimately end up being bag holders.
I'm holding a short SPX position over the weekend - not sure yet if it's a temporary drop on Monday, or the beginning of something larger.
Disclaimer: These are just my opinions. As always, do your own due diligence before investing.
