The stocks that we talk about in Penny Hawk are all under $10. Typically, cheaper stocks tend to make bigger moves. Think about it – for a $0.10 stock to double, it only has to gain 10 cents. But for a $50 stock to double, it has to gain $50. 10-cent swings happen all the time. $50 swings, not so much.
Because these stocks are cheaper, big price swings are more common. And in order to make money on a stock, it has to move.
This is a false narrative pedaled by Wall Street. But I’d be lying if I said I don’t understand where it comes from. Trading penny stocks can be dangerous, sure. If you’re simply adding stocks to your portfolio with no rhyme or reason, that is.
But I’ve been studying these stocks’ moves for years, and I’ve discovered a technical pattern behind these stock moves. That’s what I’m here for – to help you weed out the dangerous junk stocks and find the big winners. And I use a reliable, tested, and proven technical analysis to do just that.
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Yes! Once a week, I go live exclusively for Penny Hawk members. This is the best place to go to have your trading questions answered. While I can’t give personalized trading advice, I’ll do my best to answer the top questions for the entire group during our live trading sessions.
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