- Jason Bond Picks (Member)
- Posts
- Wednesday's hot penny stocks
Good morning,
$2k SAJ Memorial Day Sale closing soon. Just a day left to SAVE 60% on plans. Here’s Tuesday’s $2k SAJ trades.
Results not typical. Trading is hard. Nothing is guaranteed.
I traded better in $2k SAJ Tuesday compared to Jason Bond Picks. Only my short on INSM made money whereas POAI and SCPX did not. My mistake on POAI was not buying at $2.10, shortly after my initial alert, just before it went to $2.60’s. And SCPX would actually be at a profit had I held overnight, so I should have been more patient with that one.
This morning the board is lite up with hot penny stocks under $1. Seems there’s a lot of action lately on the true pennies. RSLS, BNZI, SCPX, VHAI, ASTI, MYNZ, BURU and KTRA lead the way so far.
Interestingly my biggest wins so far have been on the shorts. But it’s only been 4 of my trades so I’m not sure that’s reliable data just yet. It does illustrate why I want to be looking to go long when it makes sense but also get short when the momentum is fading.
RTY is down over 1% this morning as penny stocks see a lot of volatility still ahead of the first rate cut this fall. I worked in a few UVXY put trades Tuesday which made money, but I’m only going to journal the penny stocks. I just don’t have a home for my options buying and figured you guys and gals wouldn’t mind the bonus alerts. I’ll look for more UVXY puts today, though there’s still not much meat on the bone. I’d like to start working some IWM call and put options too, I had a lot of success with that in 2023.
The action will still be on the day trade side of things as we wait for more stability in penny stocks to swing trade more. But I will be playing some gaps, like SCPX for example, as those can produce big wins if the move carries.
Trade plans via the APP as the news winners come out.
Eat, sleep & trade,
Jason Bond
Questions or concerns about our products? Email [email protected]
© Copyright 2022, RagingBull
DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer.
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.
*Sponsored Content: If you purchase anything through a link in this email other than RagingBull services, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we will be paid in some way. We recommend that you do your own independent research before purchasing anything. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals.
RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.