Making Money With Penny Stocks
Our first foray into making money with penny stocks. For years we have been making money day trading e-mini futures and we have seen a tremendous opportunity in the penny stock arena. With the recreational legalization of marijuana across the country there have been many companies that have looked very attractive.
Right now the penny stocks are moving because of the buzz around the legalization of drug. The states of Washington and Colorado have legalized the recreational use of marijuana. California is not too far behind as they were the pioneers of legalizing medical marijuana.
The country of Uruguay has already legalized marijuana across the entire country. There have also been reports that Peru has been looking to legalize marijuana as well. Across the country there have been numerous countries that have decriminalized laws against marijuana users. With all of this buzz and news around the industry there has been a huge opportunity to make money with these penny stocks.
There are several penny stocks that we are watching with the symbols, GRNH, ERBB, FITX, CBIS, HEMP, MJNA, RIGH, PHOT.
Be advised that investing and day trading carries a certain risk and previous results do not indicate future results. This video is meant for only educational purposes.
Already being up by making money with these penny stocks we plan on sharing our results of how much money we made. We do have targets that are a bit higher and will plan on sharing once our targets are reached.
We do expect these penny stocks to continue going a bit higher as there is still a potential for the growth of the companies. There are a handful of companies that are fundamentally flawed and are rising simply due to the buzz around the legalization of recreational marijuana.
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Also check out our traveling and day trading blog at http://wanderingtrader.com where we talk about traveling around the world and financing that life through day trading.