Good morning,

I’m ready to get the penny stock challenge started. This will be swing trade focused. The only time I’ll close trades the same day is if they deliver a big win. I’d like to start with $25,000 and build it as big as possible. The focus is on stocks under $7 with hold times of 1-4 days. My profit goal is always 10-20% and the only exception would be if I wake up to good news and it’s up more than 20%. On the stop loss side I try to keep them under 10%. By entering trades just above support that have a big range to resistance I have found success over the years, which you can see in the historical journal here. I did a few weeks of simulator to get comfortable with the speed at which these stocks trade and am ready to go. Like Journey I’ll provide lessons as we go and build out a master cheat sheet. All trades will be from a daily watchlist and be alerted BEFORE I buy and sell. You will need to have an active Jason Bond Picks membership to participate in the penny stock challenge. Starts Monday. Click here to subscribe. Make sure you have JBP alerts enabled on the RB APP before Monday for trade alerts. Let’s get it! 

Here’s the results of the $100k 2-week simulator we did. The only losses were from the premarket buys on volatile first day movers. The lesson here, leave those for the day traders.

LQMT is a real-money long-term holding of mine. I have a big core position at $.09 that I buy and sell around notice. I’ve been in this one for 3-4 years and am finally excited again. That’s because Liquidmetal had a fantastic earnings call last night. The CEO was super optimistic and detailed Liquidmetal’s revenue opportunities. Now we know why he bought about a million shares and released a new website before this call. He has big stock options on the table so and per the SEC filing will be heavily rewarded if he A) gets LQMT on the Nasdaq or B) gets the stock price to $1 split adjusted. So here’s the earnings call replay. The SEC filing shows the CES award winner Evie ring revenue is better than I expected and is likely to balloon from here after Oprah recommended the ring, and more importantly, the pending FDA approval. I now believe the company is in growth mode. Finally! I think the earnings call drives the stock over $.08-$.10 and it trends from here. They announced a pipeline of projects that’s even more exciting. The company said their efforts to break into large scale medical product companies have resulted in few LQMT products that are in pre production mode. The first is a major surgical robotics company for a component on a handheld controlling device. The second is a medical device company that assembles LQMT supplied components into a handheld kidney stone crushing device. Even better, they completed a prototype with a medical tool company which makes medical devices for alleviating tendonitis and are looking to go into production in 2024. But the biggest news could be an AAPL development or comparable. The company has excellent manufacturing capabilities with Yihao, who manufactured the ring, but announced they are looking for, and will announce soon, a second source manufacturing partner here in the USA. This could be for AAPL who, if you recall, paid LQMT $20M to license their technology. Bottom line, this company is now in a growth phase and I believe that will reflect in the stock’s price. As mentioned above, near-term I think $.08-$.10+ based on the earnings call with $.20-$.30 as more products come to market. Catch up on all the chatter on Reddit. Good stuff! 

Eat, sleep & trade!

Jason Bond

I want to start by pointing out that I cannot speak for my members’ performance, as results may not be typical and trading is HARD. And I cannot guarantee you will make money, but what I can guarantee is that I will work my BUTT OFF to teach you WHY I trade WHAT I trade.

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