Gold figures prominently in the future of two of the three potentially hot penny stocks.
A few potentially hot penny stocks loom today and over the next week or two, including two that we’ve highlighted consistently and one which fell off our radar screens for a time. Both NEOM — which is being touted by many investors as a stock that’s probably going to improve yet again — and GDSM have been mainstays lately. CFGX (Capital Financial Global, Inc.), which quite frankly hasn’t done much of anything recently, may prove to be a real winner in the days ahead.
GDSM (chart) opened today’s trading well off its highs from just two weeks ago but it soon enough began a series of moves that has seen it to an 11-plus percent improvement on heavy early morning trading volumes. It released news today, though, and penny stocks typically tend to improve in price whenever news about them is released. View the release here and judge for yourself.
Investor chatter, as well as intelligence gleaned from several professional traders, about NEOM (chart) is that it has yet another major price improvement in store over the days to come, though at present it’s trading at 0.041, down from its morning open by about 2%.
CFGX (see chart here) has been somewhat of an underperformer, steadily losing share price since November of last year, after a heavy bout of trading over a three day period saw it’s value reduced from more than 2.5 cents to where it is today, at 0.0056. CFGX, though, issued a news release today that may improve its value over the next several days.
Though not a mining or minerals sector company itself, CFGX came into possession of a US mining interest that may prove quite profitable in the near future, as its gold mining operation, according to the news release, has now been proven to have the actual precious metal, possibly in great abundance. If so, CFGX will most likely improve drastically in share price as word gets around. Getting in at current prices would be a good entry strategy, though more research is needed to determine an effective exit point.
Keep an eye on all three stocks today for entry and exit points that could prove to be highly profitable for smart and savvy trader.
