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πŸ“ˆπŸ“ˆ Bullish Penny Stocks Under $10 for the Week of 8.5.2019 πŸ’΅πŸ’΅ - #stockstowatch #pennystocks #news #trader $PCTL $MGI $DF $ARSN $BLDP

What Is a Penny Stock: A penny stock refers to a small company's stock that typically trades for less than $5 per share. Although some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most penny stocks trade via over the counter (OTC) transactions. Transactions take place through the electronic OTC Bulletin Board (OTCBB) or through the privately-owned Pink Sheets. There is no trading floor for OTC transactions, and the quotations are also all done electronically.

The desire to make a quick killing in the stock market draws many inexperienced investors to trade in penny stocks. Unfortunately, this also means many people lose their money in the blink of an eye.
Why would anyone take on this type of risk? As the saying goes, “the higher the risk, the higher the potential returns.” If invested in the right companies, penny stocks can provide enormous returns. So if you’re comfortable with the risk versus return trade-off, and understand that you could lose your money, penny stocks could play a role in your portfolio.

Jonny Red's Penny Stock Trade Thoughts Below:

The below listed Penny Stock Tickers are all those that meet the criteria of the scanner.  These are tickers that need to be watched and analyzed at Market Open to see if they will continue their Northern Momentum. I have posted a few of the charts for my favorite ones.

All of these tickers close today with 3 consecutive Green closes. I typically always look for penny's stock plays that have 2 to 3 consecutive GREEN days, and at least 800k+ in volume.

Transparent Traders Daily Used Stock Screeners Found Here ---> Click HERE

  • BLDP - Had a nice breakout on Friday, looks to have room for another 20%, will watch to see how it trades at Market Open next week. Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products worldwide. The company offers heavy duty modules, fuel cell stacks, backup power systems, and portable power/ unmanned aerial vehicles, and material handling products. In addition, it provides technology solutions comprising engineering services and technology transfer services, as well as licenses and sells intellectual property portfolio for various fuel cell applications. Its products are applied to transit bus, rail, material handling, truck, marine, and infrastructure. The company markets its products in China, Germany, the United States, Japan, Belgium, Denmark, the United Kingdom, the Netherlands, Canada, Taiwan, France, Poland, Finland, Norway, Spain, and internationally. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. 
  • MGI - I have been holding this one since $2.05, and i am lookinf for it to continue North and test it's $3.92 high. MoneyGram International, Inc., together with its subsidiaries, provides money transfer services in the United States and internationally. The company operates through two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment offers money transfer services and bill payment services primarily to unbanked and underbanked consumers. The Financial Paper Products segment provides money orders to consumers through its agents and financial institutions; and official check outsourcing services for financial institutions. This segment sells its money orders under the MoneyGram brand and on a private label or co-branded basis with retail and financial institution. The company also offers digital solutions, such as moneygram.com, mobile solutions, account deposit, and kiosk-based services. MoneyGram International, Inc. was founded in 1940 and is based in Dallas, Texas.
  • DF - Looking to see some pullback next week, and if it support at $1.37/39 holds strong, will buy in for a swing trade to test its high at $2.01 again. Dean Foods Company, a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. The company manufactures, markets, and distributes various branded and private label dairy, and dairy case products, such as fluid milk, ice creams, cultured dairy products, creamers, ice cream mixes, and other dairy products; and juices, teas, bottled water, and other products. It sells its products under approximately 50 national, regional, and local proprietary or licensed brands, as well as private labels, including DairyPure, TruMoo, Alta Dena, Berkeley Farms, Country Fresh, Dean's, Friendly's, Garelick Farms, LAND O LAKES, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G. Lee, Tuscan, and others. The company sells its products to retailers, distributors, foodservice outlets, educational institutions, and governmental entities through its local and regional sales forces. Dean Foods Company was founded in 1925 and is headquartered in Dallas, Texas.
  • PCTL - Closed Friday around $.0144, expecting news for the merger completion.  Lots of doo stuff going on here with this one.  Nice solid support in the .013-.015 range.  If you have extra funds laying around would definitely buy into this and hold strong for now. PCT LTD, through its subsidiary, Paradigm Convergence Technologies Corporation, develops and licenses environmentally safe solutions in the United States and internationally. It offers Hydrolyte, a sanitizer/disinfectant microbiocide that delivers decontamination and sterilization for use in institutional facilities, agriculture industry, oil and gas industry, and water in public and private water systems, as well as in industrial waste-water systems; and Catholyte, a non-toxic mild detergent, degreaser, and surfactant used for janitorial cleaning purposes. The company was formerly known as Bingham Canyon Corporation and changed its name to PCT LTD in February 2018. PCT LTD was incorporated in 1986 and is headquartered in Little River, South Carolina.
  • ARSN - Massive uptick in volume over the last 3 trading days.  Worth watching for a pullback, dip and rip for 20-30% gainer.  RSI is showing hot right now, so i fully expect a dip. Aureus Incorporated, an exploration stage company, develops and explores for mineral properties in Nevada and Montana. It holds interest in the Keene Placer claims that cover an area of 19.67 acres located in Broadwater County, Montana; and Western Star Lode claim and Mill site, which covers an area of 13.22 acres located in the Confederate Gulch mining district in Broadwater County, Montana. The company was founded in 2013 and is based in Atlanta, Georgia. Aureus Incorporated is a subsidiary of Maverick, LLC.
  • See Below for Full List of Other Penny Stocks Closing Bullish on Friday.

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