I am currently putting together a comprehensive watch list of only 'OTCQX, OTCQB, OTCBB' stocks ONLY. I feel this will help eliminate some of the risk involved with pennies. Furthermore, to be registered under those standards means the company is filing with the s.e.c. which shows they somewhat ample cash on hand. I will keep all clued in as to my findings but so far 4 stocks have been added to my watch list for one reason or another (out of about 200 that I've looked at so far):
AMWW, ATPT, ALTX ~ (keep in mind, these are not alerts, merely 3 stocks that I have added to my watch list and ones I think others might want to add to their as well. I do this so that if news ever drops on one of them I am simply alerted to it due to my watch list without having to check everyday. So perhaps it might work out that I have no intention of buying one of them but then good news hits and it turns into a day/swing trade. Just want to make sure that's clear.)
After my watch list is completed I will then go through all of the stocks again to determine which ones I feel like alerting. I am starting new hours at my job that will unable me to day trade as actively as I would like. Therefore, I will be alerting stocks I feel have the potential of appreciating over a longer term horizon, and are not as volatile and fast moving as some of the ones I have alerted in the past. For example, if my watch list has 50 stocks, I will pick 5 based on their financials statements, share structure, forward-looking events, and management; I will alert them all at the same time as 'buys' similar to how a stock analyst would.
AI
