This story was originally published here.
The CBOE Volatility Index (VIX), or “Fear Index,” sits above 40 today. The average last year was 15. Investor “fear” has more than doubled in a matter of months on the coronavirus lockdown.
But it's creating huge profit opportunities for investors of a certain risk appetite. Our top penny stock to buy today has 481% profit potential.
You see, the best penny stocks thrive on volatility. If it suits your risk profile, it can really make you a killing.
The U.S. Securities and Exchange Commission (SEC) defines penny stocks as trading under $5 per share. The low share price means that a small gain can be a huge percentage change in the stock price.
But you don't just want to invest in penny stocks willy-nilly. These are speculative investments. The worst penny stocks can tank just as much as the top penny stocks can soar.
That doesn't necessarily mean there's no science to investing in penny stocks. Of course, the more you know, the better. Penny stock investing can be well worth it if you stick to making informed decisions and limit a small percentage of your portfolio to speculative plays.
For example, Inovio Pharmaceuticals Inc. (NASDAQ: INO) rocketed 260% only a month after we recommended it on Feb. 3 this year.
Inovio was one of many companies in the running for producing a coronavirus vaccine. This leap was on news that Inovio was one of the first approaching human trials.
To predict their stock was going up would require you to keep your ear to the ground. You'd have to pay attention to the dialogue around coronavirus, press releases from various pharmaceutical companies, and the broader market trends at a very specific moment.
Lucky for some of our readers, we did the research. And the stock more than doubled their money.
We did the same thing several times last year, even with lower volatility. Penny stock prices are generally sensitive to any changes in a company or in the market.
You have to be in the right place at the right time. But you also have to know the right things.
Our top penny stock today could benefit from an oil supply agreement between Russia and Saudi Arabia in the works…
Editor's Note: To see the top penny stock to buy right now, click here.
Live on camera: This guy's secret could make you $15,000 richer
I want to share some stunning footage with you.
Because if you follow the simple instructions in this video…
You'll learn how to position yourself to collect a potential payday of $2,918.
I've flown a camera crew down to Sarasota, Florida, to film a man who has invented something so powerful…
A famous Wall Street firm paid him $20 million just to get a small glimpse of its capabilities.
This man has never worked at a fancy investment bank. In fact, he spent much of his career as a customer service rep at an Atlanta hardware store. He never even graduated college.
Yet miraculously, he invented something that uncovers opportunities to literally collect thousands of dollars in cash from the stock market… in a matter of seconds.
In this must-see footage, you will witness him become:
- $1,050 richer in 15 seconds…
- $940 richer in 11 seconds…
- $1,260 richer in 8 seconds…
- $988 richer in 7 seconds…
For the last two years, this man has been quietly sharing the power of his invention with a handful of people. And it gave each of them the chance to become $999,195 richer.
But now he has agreed to demonstrate his invention live on camera.
And he's willing to show you how to set up a total of eight trades over the next 30 days.
The first one takes place in just a few days… So time is of the essence.
Just this one trade could pay you $2,918 instantly.
All you need to do is follow his simple instructions.
Thanks