Tag Archives: XIN

Best Penny Stocks To Buy For 2023

In the years leading up to the novel coronavirus pandemic, financial advisors bemoaned that younger people weren’t investing in their future as did prior generations. However, the lockdowns and government stimulus checks helped spark a day trading revolution, which is positive in some regards. Still, when it comes to buying penny stocks popular on Reddit, I don’t think this is exactly what those advisors had in mind.

Now, before we roll into this discussion, I must lay out the groundwork. This is not financial advice. I am not an advisor. Merely, the purpose of this article....More>>>

Top Penny Stocks To Invest In 2023

Sonnet BioTherapeutics (NASDAQ:SONN) stock is taking off on Thursday and investors can thank retail traders on social media for pumping it higher.

SONN stock has been called out by several accounts on Twitter (NYSE:TWTR) as a strong short squeeze target. This has drawn in retail investors looking to pump the stock higher for profits. That movement started this morning with the company leading our pre-market winners.

Before you go investing in SONN stock, I have to point out its penny status. Even with the major gains today, the company is still only trading around $1.76.....More>>>

Top 10 Penny Stocks To Own Right Now

Even though some penny stocks have multi-bagger potential, they’re incredibly risky. The companies behind them typically haven’t had much experience in the marketplace. However, well-known companies may also fall under this category if their shares have plummeted. With proper due diligence and diversification, penny stocks could add a lot of value to your portfolios.

Penny stocks are typically those shares which are trading below the $5 mark. They tend to be inherently riskier than large-cap companies. However, if picked wisely, they have the potential to provide big gains.

August....More>>>

Top 10 Penny Stocks To Invest In Right Now

After touching all-time highs of $64,800, Bitcoin (CCC:BTC-USD) witnessed a sharp correction. It briefly traded below $30,000 before making a gradual recovery. However, the positive momentum seems to be gaining traction. Bitcoin is now trading near $50,000 levels. As this price rises, investors may see multi-fold returns in crypto-related Reddit penny stocks.

In the last rally for Bitcoin, Marathon Digital (NASDAQ:MARA) skyrocketed from lows of $1.48 to a high of $57.75. Similarly, Riot Blockchain (NASDAQ:RIOT) had a 52-week range of $2.35 and $79.50. I will not be surprised if more Reddit....More>>>

Top 10 Penny Stocks To Watch Right Now

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When the IRS Wants Your Life Insurance Policy

The Securities and Exchange Commission charged two individuals with defrauding elderly investors in a penny stock scheme involving Florida entertainment companies and their “Spongebuddy” product.

The charges are part of the Miami Regional Office’s Recidivist Initiative, which has thus far resulted in enforcement actions against 23 individuals, nine of whom also have been charged by criminal authorities.

The....More>>>