Find spiking penny stocks using reverse split strategy

How to find spiking penny stocks using reverse split strategy...

Thanks to Humbled Trader

...https://youtu.be/vJ5AgtHNnCY

Here's what's I learned...

- Small stocks want to stay listed on Nasdaq. 

- So they reverse split to reduce their share price.  

- They release PR after the reverse split is finished! 

- Humbled Trader uses Benzinga pro to screen for recent reverse split stocks that released PR.

- Search headline keywords such as "reverse split", "delisting", and "offering". 

- There's plenty of money to be made by waking up early. 

- Benzinga Pro sends live email alerts whenever the penny stocks Humbled Trader is tracking release a PR headline, files SEC filing, etc.

- So Humbled Trader knows what to do when she sees volume trading above average premarket on $VIVE. 

- She knows the support to buy the dips and sell at highs near premarket before dilution happens at the opening spike.

~ The rookie trader

PS:

Is this a reverse stock split calendar on Nasdaq?

https://www.nasdaq.com/market-activity/stock-splits

Update on close - It's true... VEREIT reverse split today... The price went up from $7 to $38!!! OK... Start buying all reverse splits listed in the calendar. 

Oh wait - even if I bought it at $7 the day before, it will still be $7 and not $38 because of the split... https://www.nasdaq.com/articles/why-vereit-stock-rocketed-higher-at-the-open-today-2020-12-18

PPS:

From yesterday's market gainer NNOX, I traced a related with a recent Supertrend buy signal... GDRX... Queued at US$43.89.


On market open, amended the queue buy price to US$46... Done!

Closed at US$44...

PPPS:

ZOM went up 26.89%. Something I told myself to buy but did not buy. The maker of the animal vaccine. Feeling regret. Lesson learned... Just buy whatever hunches I have... Let go if it's wrong...do not hold...

Read Rookie Rules:

  • Trust Supertrend... Ignore the news analysis (remember the missed Tilray stock that went up 26% in a day)
  • Buy on Supertrend Buy signal (remember the missed opportunities in the buy watch list)
  • Sell on Supertrend Sell signal for losing stocks (remember the gradual -30% Nikola drop)
  • Sell losing stocks to keep cash rolling. It's better than missing opportunities without funds.
  • Just buy whatever hunches I have (Missed ZOM +26.89%)... Let go if it's wrong...do not hold...
  • Reverse split strategy - buy what's listed on this calendar... https://www.nasdaq.com/market-activity/stock-splits... Beware - some split prices remain the same for the shareholder. 
  • Also, Buy from the earnings calendar list... https://finance.yahoo.com/calendar/earnings/
  • Mergers and acquisitions





















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