New message board for Where and when to buy. I buy penny stocks that have a good story and that are moving up.
3 great examples today are ALTAF, FTMDF and WCTXF - miners that are hiting 52 week highs or shooting higher.
Altura mining (ALTAF) is a lithium mine in Autralia about ready to come online with their processing plant in the beginning of 2018.
Fortune Minerals (FTMDF) is currently focused on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project, comprised of a proposed mine and mill in the Northwest Territories that will produce a bulk concentrate for shipment to a refinery that the Company plans to construct in Saskatchewan.
Lico Energy Metals (WCTXF) is a well funded Canadian company focused on the exploration and development of minerals related to the lithium battery industry. They just came out with nes about a high grade find on their property.
Still relatively low priced miners with lots of potential.
I find that I have better performance when I buy stocks that are moving up or hitting 52 week highs.
The other otion, is to wathc stocks like the ones mentiond above, and wait for the pause that inevitably comes as a stock is moving higher. No stock moves straight up.
But, one of the things I have noticed, it surprising how fast a stock in the pennies can go up and for how long. So, it's up to your tolerance for risk, which strategy you take.
I'll contiue to post stocks that I find that are moving up, with a good story and possiblities of moving even higher.