ANOTHER WEEK, ANOTHER DOLLAR TO MAKE

Good morning Penny Hawks!

I hope you’re well-rested from the weekend because it is time to make some money.

We are officially kicking off week 37 of 2021.

Join me in 30 minutes on Money Morning LIVE as I kick off another fantastic week of trading.

Click here to join me at 10:30AM ET.

HOW TO DEAL WITH 15c2-11

A lot of Penny Hawks and Night Traders have been asking me about one of my trade recommendations.

Last week, I recommended a trade on Regen BioPharma Inc (OTCMKTS: RGBP).

But here’s the thing…

You can’t purchase this stock electronically.

So I called up my broker and asked him what’s going on.

It’s all regarding SEC 15c2-11.

This code states that companies must regularly report their filings to the SEC.

Over-the-counter (OTC) companies must have their financials up-to-date at least once a year.

This way, they can remain OTC current aka pink current.

Failing to be pink current will mean the stock will be no longer marketed.

Well, RGBP is pink current right now, which means everything is good to go.

But the trading systems haven’t been updated yet.

This is why nobody can purchase this stock online.

Don’t worry.

All you have to do is call your broker and tell them, “Hey, I tried to do this online and it didn’t work.”

If you say that line, you won’t have to pay a commission to execute the order via phone.

ACTION TO TAKE

Call your broker to execute last week’s RGBP trade:

Buy RGBP for a limit of $0.0425. Add a 10% trailing stop when the stock hits $0.06

But there is a catch to this…

September 27th is the official deadline for all these companies to have their updated financials.

So, our objective will be to get out of this trade by that date.

You know, if you’ve been trading long enough, these sorts of situations play out all the time.

That’s why it’s so helpful to trade with a seasoned pro, someone who’s been around the block a few times.

Although I can only send you a daily email through the Penny Hawk newsletter, in Night Trader I’m able to provide multiple email updates on every single trade that’s in our portfolio.

You’re even able to ask me questions in the members-only Night Trader chat room.

Night Trader is the only place in the world where you can get updated trade alerts from me multiple times per day.

To learn more about my top trading research service, and to make sure it’s the right fit for your personal financial needs, please call 1-877-211-3024.

Until next time,


Chris Johnson


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