A penny stock investment website which discovers undervalued, overlooked penny stocks with massive upside and low downside risk. Learn how to start trading penny stocks online by reading my blog and following my free alerts. Investing in small caps is risky unless you have experience.
Tim Sykes is an entrepreneur and penny stock expert born in Orange, Connecticut, in 1981. He began trading at a young age when his parents gave him full control of his bar mitzvah money while he was still in high school. His parents thought losing the money would teach me a good lesson. As everyone knows […]
Centerpoint Securities is an online stock broker that caters to sophisticated day traders looking to gain an edge in the market. The brokerage is a division of Precision Securities LLC, which is a member of FINRA and have been in business since 2000. Commissions Centerpoint offers customers three separate commission plans. The standard plan was […]
Penny stocks often referred to as over-the-counter (OTC) stocks, are a favorite of day traders. With their volatile prices swinging wildly day in and day out, it’s easier to make quick profits. These types of investments, contrary to their name, don’t actually cost a penny, however. A penny stock is classified as any share of […]
While penny stocks are risky investments for beginners, they have helped hundreds of individuals become wealthier beyond their wildest dreams. These types of investments are not suitable for the average person not willing to take risks! Joshua Sason Josh Sason is an entrepreneur and investor that has earned millions from penny stock financing. He’s relatively […]
Jason Bond was a former public school teacher in New York City for the past ten years. Five years ago he quit his miserable, low-paying job to set up his newsletter and become a full-time penny stock trader. He specializes in swing trading small caps, holding them for days or a few weeks at a time. […]
Tony Ivanov is an online entrepreneur and day trader from Sacramento, California. Like everyone else, I first discovered him on YouTube, an intelligent kid who looks about 16 but is actually 21 years old. He uploads videos “educating” people on how to make money trading penny stocks and cryptocurrencies. His target market is mainly young […]
While penny stocks are risky to trade for beginners, they are a great way to capture massive returns with a small investment. Penny shares are cheap to buy and volatile, meaning fortunes can be made or lost overnight. For every trader who became a multi-millionaire, there are horror stories of people blowing up accounts and end […]
Here are some of the best pot penny stocks to follow during 2018 because of the growing acceptance towards marijuana. As of right now, nine states voted to legalize the recreational use of the drug. These states include California, Alaska, Colorado, Massachusetts Maine, Nevada, Oregon, Washington, D.C. and Washington state. Other nations such as Canada also legalized the medicinal use of the plant which opens up more investment opportunities. (Check out my other blog post on the best penny stocks to follow this year). Most MJ companies don’t deserve such crazy valuations and are financial train wrecks destined to fail in the long term. People new to the stock market are investing $500 expecting to make a fortune when in reality these stocks are terrible investments. They are struggling to survive, crippled with debt and have very little revenue to support operations. I’ve seen old defunct mining companies just add the word “Cannabis” to their name to cash in on the craze. If you’re going to trade these stocks don’t get caught holding the bag.
1. Cara Therapeutics Inc (NASDAQ:CARA)
Founded in 2004 and headquartered in Shelton, Connecticut, this clinical-stage biopharmaceutical company develops product candidates targeting the body’s peripheral nervous system. I.V. CR845, Cara’s lead product candidate, is in Phase III clinical trials, designed to treat acute postoperative pain in adult patients. Cara Therapeutics is also engaged in developing lead molecules that are supposed to selectively modulate peripheral CB receptors without targeting CNS cannabinoid receptors. It’s most advanced CB compound is CR701, which is currently in a stage of preclinical development for treating neuropathic and inflammatory pain. The company will benefit because the development of marijuana-based analgesics is anticipated to shift toward CB2 receptors. Since recommending CARA as a buy at $5.97 it has gone on a wild ride, peaking at $26.95 in July and plunging back down to the $12 range. While they are still in the early stages of growth I think it has the potential for explosive gains providing you can handle the wild swings.
2. AURORA CANNABIS INC (OTCMKTS:ACBFF & TSE: ACB)
The Vancouver based company is engaged in cultivating, harvesting, and selling medical marijuana in Canada. It uses water from Canadian Rocky Mountains to bring the cannabis plants to harvest in their 55,200 square feet facility. Aurora Cannabis provides high-quality medical cannabis, offering the following prices to its patients: (1) $8/gram strain pricing, (2) $5/gram composite pricing. It also offers free shipping in Canada. The company’s stock price has grown more than 300 percent since I first posted about the business and looks like it will continue. With Canada planning to legalize marijuana on July 1st, 2018, the company is attempting to gain top spot with strategic acquisitions. Aurora are buying up competitors as they want to dominate production and retail. Aurora are now trying to takeover their biggest rivals, CanniMed. If the acquisition goes through it would increase Aurora’s production capacity to nearly 135,000 kg every year. Even if the CanniMed acquisition fails Aurora will continue buying up smaller players and consolidate their position in the industry. Expect shares to be volatile in the near future!
Canopy Growth, formerly known as Tweed Marijuana Inc., is the largest producer of medical marijuana in Canada. It is engaged in production and sales of medicinal marijuana under its Tweed and Bedrocan brands. Over the last 12 month, they have been aggressively acquiring smaller Canadian licensed producers. Since the start of the year, their stock price has soared from $7 to $14.20! Canopy Growth boasts 665,000 square feet of indoor greenhouse production capacity. After numerous acquisitions, their production capacity now stands at an impressive 40,000 kilograms per year. Increasing production capabilities is crucial as demand will soon overtake supply once recreational use of the plant is allowed in 2018. Despite the companies phenomenal growth I think they are overvalued and shares will pull back. Although they face challenges in the future they are well positioned to capitalize on huge demand for various marijuana products within Canada.
4. Aphria Inc (OTCQB:APHQF & TSE:APH)
Aphria Inc is another big player in the medical cannabis sector set to profit from the developing Canadian market. They sell and transport medical cannabis oil to customers globally. Aphria recently spiked 20% on the news of receiving a dealer’s license from Health Canada. This license allows them to expand rapidly into the international market and decrease their dependence on their home nation. Since 2015 revenue has grown significantly from $550,000 to over $20 million (CAD) so far. Net income was $15 million which is rare for a cannabis company to be profitable. Similarly to other businesses in the sector they are ramping up production. Aphria purchased a position in a Florida OTC marijuana stock, Liberty Health Sciences, to gain more exposure to the green rush! Their low productions costs, strong earnings, and solid growth make them an exciting investment.
Founded in 2007, this pharmaceutical company is focused on developing and commercializing synthetic cannabinoid therapeutics developed for transdermal delivery. Its two product candidates are ZYN002 and ZYN001. ZYN002 represents a synthetic cannabidiol (CBD), a permeation-enhanced gel for transdermal delivery, made to provide controlled drug delivery with once- or twice-daily dosing ZYN001, which enables transdermal delivery through a patch, is intended to be tested for application to the arm, back and thigh. The company will study ZYN001 for the treatment of fibromyalgia and peripheral neuropathy. The stock price is very volatile as Zynerba race to become the first FDA approved marijuana-based treatment ahead of GW Pharmaceuticals. It’s worth noting, Zynerba’s pipeline is still in the early stages of development. Investors can only hope studies on treating autism and epilepsy continue to release positive results. At some point, they will have to raise more money but for now, have enough capital to sustain operations for another two years. I would wait until more studies are available before adding this company to your portfolio.
6. American Cannabis Company Inc (OTCMKTS:AMMJ)
The company, incorporated in 2001, provides solutions for pot industry businesses in the U.S. and Canada. The company’s operations can be divided into two main components: (1) advisory and consulting services, and (2) sale of products and equipment for customers in the cannabis industry. The offered consulting services include commercial business planning, business license applications, cultivation build-out consulting, regulatory compliance, compliance audit services, business growth strategies, and business monitoring services. In addition to its consulting business, the company provides products and equipment such as Satchel, SoHum Living Soil, High Density Racking System and The Cultivation Cube. American Cannabis Co was one of the biggest runners in 2016, the penny pot stock went from $0.11 to $1.50 and now trades at $0.79. Now AMMJ only has a market cap of $40 million with last quarters earnings set at $0.99 million. Risky investment due to how small the business but definitely an opportunity worth following.
7. Cannabis Sativa Inc (OTCMKTS:CBDS)
The company is based in Nevada and has been in operation since 2005, though it only went public three years ago. Cannabis Sativa develops and promotes natural cannabis products through their online website and Amazon. A number of their products contain CBD, a chemical compound found in hemp plants that potentially have medicinal uses. This tiny penny weed stock has the license for a medicinal cannabis strain, namely NZT, a cannabis lozenge delivery technique and a cannabis trauma cream formula. No longer recommend investing as revenue is disappointing and insiders are slowly selling shares. A classic example of a company with very little assets that only exists so shareholders can enrich themselves from all the hype.
Incorporated in 2005, and still being in its development stage, the company provides a wide range of products, services and technologies for the medical marijuana and industrial hemp sectors. These include cannabinoid-based products, such as cannabinoid chewing gum, new extraction technologies, and isolated high value extracts developed for the pharmaceutical, cosmetic and nutrition industries. Despite enjoying strong gains over the years the penny stock has lost 90% of its value since its IPO back in 2009.
9. Terra Tech Corp (OTCMKTS: TRTC)
Terra Tech Corp is a medical marijuana penny stock that focuses on cannabis agriculture and is located in Irvine, California. They design and sell hydroponic equipment along with their proprietary technology for the cultivation of indoor agriculture. TRTC operates through various subsidiaries including MediFarm, IVXX, Blüm and Edible Garden. While Terra Tech’s revenue is growing nicely they aren’t profitable yet. In Q3, total revenue was $10.1 million, up $3 million in the same period from the previous year. The net loss was $7.8 million with future financial updates expected to improve after investing heavily in expansion throughout California.
10. Kush Bottles (OTCMKTS:KSHB)
Kush Bottles is a start-up based in California that help entrepreneurs enter the cannabis business. They provide an all-in-one solution to help reduce the barriers to entry in an industry that is heavily regulated. Kush is one of biggest distributors of marijuana packaging and supplies. The company provides an indirect opportunity to profit from a booming sector potentially worth $20 billion by 2020. Remember the people who really made money during the gold rush were those who sold supplies. Kush is currently profitable with no debt and steady earnings. The only downside is their margins are quite low.
Timothy Sykes is a controversial penny stock day trader and entrepreneur with a net worth of $20 million, as estimated by Forbes. The 36-year-old is an outspoken character well-known within the investing community for turning $12,000 into $4.7 million through trading risky penny stocks. His unique story and entertaining personality led to him getting featured on Wall Street Warriors, a reality TV Series featuring up and coming traders on Wall Street. During the filming Sykes was fresh out of college, running a micro cap hedge fund from his New York apartment. The show was a cult hit and the publicity served as a huge launching pad for Tim’s education business. After the show aired, he received hundreds of emails from people wanting to learn how to trade penny stocks. Flash forward to 2018, Tim now has thousands of students around the globe and helped create four millionaire students.
Tim Sykes has proven himself to be quite the entrepreneur with multiple ventures to earn extra income.
Book – An American Hedge Fund
To capitalize on the hype after Wall Street Warriors, Sykes self-published a book detailing his journey to penny stock millionaire and the failure of his hedge fund. The book is an interesting read but doesn’t discuss in detail strategies or chart patterns he followed to make consistent profits. In the book, Sykes reveals his hatred for the hedge fund industry and the mistakes he made along the way. Currently, the book is available to buy in paperback from Amazon for $20 but can be downloaded for free in PDF from his website. I would estimate he made at least $200,000 in book sales and it also helps drive paying customers to his DVD store.
Tim Sykes started his blog back in 2007 before blogging became popular. He initially created TimothySykes.com just as a way to promote his new book but soon realized the profit potential of selling online trading education was far greater. The website became an instant hit attracting over 100,000 visitors per month, becoming the number one penny stock blog. Since then website traffic and income continues to grow, going from $60,000 to $1,000,000 per month in 2018. His educational empire is comprised of DVD’s and a membership service that offer real-time alerts & video lessons. As Timothy Sykes has verified millions in profits, thousands of aspiring traders purchased DVD’s and joined the alert service. Right now, there two different monthly options – Penny Stocking Silver ($149.95) and Tim Alerts ($74.95). 1,000 students paying $150 each month is nice residual income. Tim also runs a Millionaire Challenge program where those serious about learning pay a cool $5,000.
In addition to selling products, affiliate marketing is another avenue for Sykes to earn. He used to make money with affiliate marketing, promoting various brokerages such as Etrade and Interactive Brokers. These brokers no longer have affiliate programs but still promotes them without receiving compensation.
Investimonials.com is another venture set up in 2011, the website provides financial reviews of brokers, chat rooms, software and newsletters. It covers everything related to finance and aims to cut through all the bullshit on Wall Street. Users sign up and write honest reviews of financial services they bought. Since anyone can sign up and contribute reviews, the site monitors the content to ensure opinions are honest. The problem is there’s no way to verify the reviews are 100% real. Investimonials is a massive success for Tim and a great platform to sell advertising and drive more traffic back to his website.
Profit.ly is a social trading community that serves as a platform to connect visitors to guru’s products and verify trading performance. The community has approximately 130,000 members that interact, share their track records and post blogs. The idea for Profitly came after Covestor removed Sykes from their service because he trades volatile penny stocks so members couldn’t replicate the same trades. He was obviously pissed off and decided to create his own Covestor for penny stocks. Currently, Profit.ly has two other Guru’s – Triforce and Super Trades. Both use different strategies but teach using the same methods, via alerts and webinars. The site has a leaderboard to track the best traders within the community. As of right now, the top traders are Gregg Sciabica (Lx21), Steven Dux, Tim Grittani (Kroyrunner), Michael Goode, Superman and Matthew Owens. It’s interesting to note out of the six people I mentioned, 4 of them were students of Timothy Sykes. The whole point of the site is for beginners to study the track record of the most talented traders and study their strategy.
Stockstotrade is a stock screening and charting tool developed to find new penny stock trade opportunities. Tim has invested hundreds of thousands by hiring a team of programmers to create the software. According to Linkedin, they 11 full-time employees working on the tool. They are continually developing the platform and adding new features every week so one day it will overtake Trade-Ideas.com. Like all the top scanning websites it is expensive. Currently, there are two payment options, $179.95 per month or $1799.50 annually. Luckily they have a 7 day trial for $1, so you can try the tool before committing to a paid account. Stockstotrade.com is still a start-up with high costs, so I doubt the company is making any worthwhile profits.
With a personal worth over $20 million, he can afford to live in a mansion and race around in a Lamborghini. Below is a video of a gigantic mansion he rented for a year in Miami.
Cribs Video Of Tim Sykes' Multi-Million Dollar Mansion in Miami - YouTube
Sykes is an avid traveler and has explored 100 plus countries. His Instagram account displays all the exotic locations to inspire his 1,000,000 followers, all jealous of his ludicrous lifestyle. He could make a lot more money sitting in an office in front of 3 monitors but prefers to spend it in luxury resorts such as Bali, Greece or the Maldives.
Despite the amount of time he spends flaunting his wealth on Instagram, Sykes set up a charity foundation to donate several million to worthwhile causes like Make-A-Wish and The Boys & Girls Club. Also, all the proceeds from his “How to Make Millions” DVD go towards charity.
Timothy Sykes is a talented day trader and entrepreneur who has built an online empire that has made him a multi-millionaire. Making millions every month means he can afford to live a lifestyle everyone dreams of. Love him or hate him, Tim is an entertaining person that makes trading less boring. There are dozens of stock market mentors online that sell education but very few have the capability to make finance interesting. I would guess 25% of his fortune was earned through day trading while the rest was accumulated through selling educational products.
Search for “free penny stocks alerts” on Google and you will come across a bunch of websites offering stock picks. The only problem is, the vast majority of them are stock promoters with hidden motivations, targeting beginner traders. This can be seen in movies such as Boiler Room except they promote companies via cold calling instead of emailing. Despite how well-known pump and dump schemes are nowadays, there are still people falling for these scams hoping to get rich quick. The lure of making money without doing any hard work is too difficult to resist and the emails are so persuasive.
UltimateStockAlerts.com is a prime example of a penny stock promoter trying to attract suckers to join their email list. They also provide alerts via a text message app to maximize the number of investors who see their OTC, Nasdaq and NYSE picks. Their website is nicely designed and looks trustworthy to the untrained eye. On the homepage, they have fake testimonials from members who apparently banked profits from their newsletter. All the reviews have common names like Brian, Bill, and Francis. At least select more realistic names to make it sound believable. When you visit the site you can’t leave until you give away your email and you’re harassed by pop-ups. Once you sign up to their list, your inbox will be spammed on a daily basis with the “next 1000% gainer”.
List of websites offering free penny stock picks:
Stock promotion is legal as long as the promoter discloses everything in their disclaimer. The problem is rarely anyone reads the disclaimer. Below UltimateStockAlerts.com disclaimer reveals everything to protect themselves against any future lawsuits. They publicly admit once the campaign ends the company profiled will collapse. The companies they advertise are absolutely worthless with barely any profits. They only want to artificially increase their stock price so insiders can get rich from dumping shares on new investors. In recent times the SEC has clamped down on such behavior so these schemes aren’t as successful in 2018.
Generally, free alert services advertise by buying ads from Google. They bid on specific search terms their target market are searching for. Paying for ads on Google is expensive and some sites pay $1-$4 per each click on an advertisement. Rising advertising costs lead to these sites using Instagram and Facebook to lure in new victims. The top promoters use hot trends to catch the attention of subscribers. Right now bitcoin is hot, so they will advertise a small company they claim will profit the cryptocurrency mania. For e.g. PennyStockProphet.com is promoting Global Blockchain Technologies Corp (BLKCF). The company changed their name last year to include the term “Blockchain” purely to attract buyers. BLKCF is just an investment company that invests in cryptocurrencies but has gone from $0.01 to $2.25 because of the digital currency boom. They currently haven’t disclosed what coins they own or recent financials.
For those traders flash with cash and willing to pay for “premium” picks, there are various chat rooms that provide day and swing trade alerts. Chat rooms contain experienced traders alerting others to popular penny stocks worth watching. They are a great place learn but don’t become a sheep! If you’re just copying trades from others you’re not learning how to trade. You need to become independent with the ability to generate your own ideas. The top services give detailed information explaining why a stock is in play and exit & entry points. Be careful though, not everyone in paid chat rooms is interested in helping others. There are scumbags who take advantage of beginners by front-running low volume alerts.
Chat Rooms with the best alerts:
Tim Sykes Penny Stocking Silver
Bulls on Wall Street
Jason Bond Picks
The world of day trading penny stocks is rife with scam artists. The biggest danger to new investors are free stock tips, the source almost always has a hidden agenda. Even if the tip is from a legit source, always do research before risking your money. Day trading is a tough industry where 90% of people lose money. Invest in education and find a solid mentor to help avoid a rough start and shorten your learning curve.