In this video, you were going to be learning about the top five penny stocks for July 2020. We make these videos once per month every month and the reason we do this is because the companies on these lists often give us the exact dates that price action changing events are going to be occurring and also because they are pretty low cap. That means that they have huge reactions to news events. How did last month's top seven penny stocks video do okay? In last month's top Penny Stocks video, we talked about En DP Now we talked about Howie Nd P was having their FDA approval on the 7th of July and EPA ended up getting approved, but it had a 7% pre anticipatory run followed by a 25% jump upon approval before validating out and selling off.

Next we talked about Eva lovely evoke evoke was due for their long awaited female diabetic gastroparesis drug approval. Then on the 19th they got that approval and it ran up 100% before validating out and selling Oh Next we talked about CH Ma CH Ma had an FDA approval date on June 26. We talked about playing a pre anticipatory run and post reaction. it had a pre anticipatory run and then on approval jumped to 775.

But don't be fooled. it's very unlikely that you would have been able to catch this run itself because it ran far too quickly and was sporadic. But the pre anticipatory run was fair game and this is why you need to decipher between where you're playing and what's actually going on. Next we talked about Kpti.

They had an upcoming FDA approval date on the 23rd for their drug for lymphoma. I Always get depressed when I hear all of these disease names because there's just so many things that are trying to get us as human. How many things that could go wrong with our human bodies? They're like a little ticking time bomb. It's quite frightening folks, but this isn't a health channel.

But anyways, Kpti found its bottom at $15 ish and then ran up in pre anticipatory running fashion to $20.50 Next we talked about EP ZM Epgm had an FDA approval coming up for their drug for lymphoma. We called it out here. it found its bottom here and had a pretty solid pre anticipatory run after confirming price strength. Next, we talked about a KTX.

We called it out at 219 and I ran the next several days pre anticipatory run style to 278 before validating. Ouch! Lastly, we talked NBD RV Now, for whatever reason, tons and tons of people that watch these videos decided that Envy RV was the pick, was the pick of the litter, but Envy RV wasn't that strong with a pick. We talked about how Envy RV was due for an FDA approval, but we spoke about how the company said that the delay was likely and that we'd be focusing on playing an overreaction correction based on that delay or a sped-up catalyst. If we did get a date, we're still waiting for a new date.

Point that I'm trying to make is it's not so simple as just going and buying a stock because it's on this video and then hoping that it goes up. Understand that most of the penny stock companies that we talk about are complete trash, so don't use this video as a way to persuade yourself into buying one crate these based on high probability setups so if they don't give us what we want, we won't trade it. It's called being a spoiled brat trading like a spoiled brat and folks never feel that I'm trying to convince you to buy something. you need to do your own due diligence.

You need to do your own research and you need to learn how to trade right? Learn how to manage your risk and manage your capital so that these are actually useful to you. Always pay per trade any strategy that you see online and always pay per trade picks that you see and prove to yourself that you have a good grip on trading before going and using your real capital to bet on these plates because at the end of the day you need to know what you're doing. We as traders need to have a concrete plan of action if we want to make money trading stocks. There's just no other way around it.

If you want to be the type of person that just randomly bets on stocks then hopes it goes up. Well, that's not trading, that's gambling. So be clear about what you're doing and be intentional. But anyways, folks, the only thing that I ask in return for all of the work that goes into a video like this.

and don't get me wrong, there's a lot of work that goes into a video like this. but the only thing that I ask is that you hit that ravishing like button for ravishing work one must repay with ravishing. Ness And also quick plug for those of you who are wondering what broker who, what broker Charlie should we be trading these stocks on? Well I Always like to send new traders over to Weeba Weeba Liz A fantastic platform. They have tons and tons of great features such as well pre market in after-hours runners at fast Executions that earnings calendars.

They have tons and tons of different alerts and different scanning features that are going to get you up and trading in no time at all. And if you sign up now with our link below, you will get not one but two free stops. So if you are Broker curious or you don't yet have a broker set up, then hey, check out Weeble. Okay so to start Enzo Biochem Ticker E and Z now Enz ran up like an inflamed banshee after the FDA emergency approved their Kovat test a few days ago and since every reaction is a dirty overreaction, the market corrected and it went downward shortly after.

But here is the thing: Enzo now has the approval to test people using its proprietary and B probe tests. No one else has this particular test and now that it's been approved and so has a monopoly on it, time will tell whether or not this is even worth having a monopoly over. But there's already schools hiring Enzo to test their students as some universities elektra open in the fall. That's a huge market if more people elect to use Enzo and the college that's already elected to use them as Farmingdale State College.

It doesn't get more American sounding than Farmingdale, but they had already enlisted Enzo prior to this approval, and now that it's been approved, there are whispers of more schools following suit and the demand for tests will skyrocket as schools reopen and Enzo is one of the firm's uniquely equipped to take advantage of it. But let whispers be who whispers. We, as traders don't rely on whispers. We don't rely on rumors we rely on.

investor is falling for rumors. We rely on investors falling for whispers and causing the share prices to run up. He and Z already has a previous pattern of reacting massively to news massively. But what are the monkeys saying? Well, the monkeys always have something to say.

don't they? These damn baboons? The main monkey ranking. This is giving it a price target at five fifty, which gives some monkey stability. But here is the kicker. E and Z has always been a short-term play.

Literally every position has been short-term That means we need risk management. These positions are terrible for holding long term. You need to have clear exit points. What that doesn't mean is buying it randomly and holding and hoping.

look back at the charts. Would it have ever been profitable to hold and hope at any point? right? Isn't a stock that has ever done well For folks who hold it? Hope So you need to have a clear plan of action to trade. This confirmation and validation is the very minimum. Okay, next you A Vs.

Now you A Vs is essentially a drone stock. But uh, you A Vs I hate your current price. It disgusts me, makes me want to gag why. Well look at what has happened every time you A Vs has run up on news.

it sold off. afterwards. You aid Yes is a stock that runs up massively on Catalyst and then gets beat down like a rabid dog or a goose in a goose fire after that catalyst settles in. So I don't like the current price because we are still in an area where it's run up quite a bit.

But to understand the current period of hyping, you're going to need to understand the company itself. Earlier, the CEO address shareholders in the price action ran up 28% in reaction. Reason being that the CEO attempted to hype the stock in this call, let me explain you. AVS is painting a picture of growth and height.

So many companies these days are focusing on survival, but UAV S is successfully painting a picture of intense growth. Their CEO explained that the company's growth strategy is centered on three factors: Us-based drone hardware and subcompact design manufacturing, assembling and testing, drone package delivery services and hemp cultivation solutions for both government and commercial customers. Now, this is a three tiered growth strategy, but here is where the potential for intense hype comes in: Drone Package Delivery Service. What large company needs drone package delivery services And how big is that market? Well think Amazon Amazon Prime Air How big is that Market Huge Amazon is spending idols and oodles of money and killing efficiency by relying on car and truck carriers.

The market is here too. The potential is huge. This is fantastic and you may say but Charlie How do we know that you AVS and Amazon are going to be linked in this well? UAV S is one of the best placed companies to offer the service and it's already chosen Wichita Kansas to locate and expand its manufacturing facility. And here's the kicker you ApS has been playing into speculation They said back on April 15th that quote the expansion of scope for its contracted commercial drone work through the receipt of follow-on purchase orders from a major e-commerce company.

The porn part here is major e-commerce company. in Wichita Kansas But again, these things don't necessarily link the two. Here's a company that is saying that they are working with a major e-commerce company. Meanwhile, they picked Wichita Kansas as their new headquarters to do this.

Where is Amazon's drone project going to be located? Well, nobody really knows. But just a few weeks ago Amazon coincidentally decided to locate their new warehouse in Wichita. Wichita is a very specific place in the middle of nowhere to really locate something and think about it. What better place to test out a new drone program than in a place that is sparsely populated and people live far away from one another, so it's easy to make deliveries.

There's a lot of room for error. Wichita is a fantastic first stage breeding ground for the program. at this point that you haven't been connected and I'm not trying to convince you that they will be I'm just saying that whether true or not, it looks like you AVS and the administration there is using this perhaps coincidence to their advantage. Why else would they be so vague and say that they are pairing up with a major e-commerce company that happens to be in the same remote location at Amazon and also happens to be providing a service that well Amazon really needs.

Right now, the team at UAV S is not stupid. They're not idiots. Why else would they be vague and say that they are pairing up with a major e-commerce company? Well, because they want to bolster their share price. I See this constantly.

CEOs of smaller cap companies like these have every tool at their disposal and they're willing to use them in order to bring speculation in. and they can go pretty far without outright saying what's really happening. They can lead us on to make us think there's going to be a partnership, but the Amazon all the way up to the moment that there isn't And they do this because they can legally drive share prices up this way and then use the heightened share prices to do a direct offering and raise more capital for the company. And then if the truth comes out and it just turns out to be a rumor, Well, all of a sudden all the shareholders get doubly screwed because it got a direct offering and it also had well roamers.

But of course we don't know if these rumors are hype or not. It's possible that the CEO doesn't even know yet himself. Maybe they are in talks with Amazon that hasn't been publicly disclosed. Maybe maybe not.

Who knows. But the point here is that these are all tactics that they are using and what will convince investors to pump up the price. We as traders don't need to deal to go through. We just need investors to think it will go through so that the price gets artificially pumped by tons of people buying in.

Because think about it. Even in the past, at the end of the day, did it really matter that any of these runs got beat down after? No, it didn't matter that these got beat down afterwards because as traitors, we play off the price strength right. So we just need enough people to think it's true, for it to run up and for us to make money, get in and get out. Sure, long-term investors, they have to worry and play the guessing game on whether you AVS is going to get that partnership and that's really a gamble.

But for us, we just need enough people to think they will. We just need people to believe the rumors enough and we've got our trade made. Charlie Who What are the Mucky saying? Although one analyst firm that ranked it is giving it a price target at 453, that's 29,000 percent of Upside according to the Monkees People always get mad when I call analyst monkeys, but it's because firms like these belong in a zoo. It's probably some trash firm that had hidden incentives to give it bullish sentiment anyways.

But anyways, assume the fact that there's just this one analyst ranking it. Assume it's a huge deprecating factor because a lot of analyst firms didn't even want to touch this. and analyst friends are usually monkey firms. and if they don't want to touch this, then you know.

Hey, the monkeys don't even like this. This price target is such a joke that it should do stand-up. Use this to develop an understanding that you shouldn't hold and hope With these you plain fluctuations themselves. Ok next? BBB Why so I Hope you'll forgive me, but this is trading over $5 which technically disqualifies it as a penny stock, but earlier this year it was in the penny stock range so that should be fair fed.

Bath & Beyond Got beat down 24% today on news that they'll be closing down stores. But we love top Losers Folks, we love top losers. Every reaction is a dirty overreaction and stocks that get beat down like rabid dogs or where we get our bounties. As traders, we are but humble repo men looking to earn bounties.

but Bed Bath & Beyond reported at earnings that they will be closing 200 of their stores. A lot of these companies are buckling stores because they aren't sure how long this crisis will continue and they are calculating that it's better to close their stores now and reopen them later than to just pay the long-term expenses of vacant stores. But anyways, the analysts are already jumping on this as an opportunity, which if anything, makes me less sure of my choice on putting it on the list since I Hate agreeing with the monkeys, But unfortunately I'll relent and say this was a good play And sure every single time it got beat down like this in the past it went on to very quickly correct. But don't forget that we are still trading pretty high based on the current crisis.

If you look at where the lows are, we're pretty high up from the lows. and it's not crazy to think that it's possible for B BBY to stagnate for months and months before giving us an overreaction correction. And that's what we've seen with a lot of oversold plays lately, but there's always that risk when you're buying beat downs. and that's why you want to play the price pranked itself.

If it's just stagnating, then you get out of the position, right? That's why we only buy in at confirmation. so you're buying in when it's showing that price break than if the price strike fails, then you get out. And yes, this is a stock that is already showing signs of recovery. and if previous history repeats, well, it's a very solid play right now now.

the RCA was originally plotted to have their FDA approval date on the 13th of July Looks like they are almost certainly going to have it moved. However, they haven't officially announced that yet, but the opportunity here is in the fact that the RCA is getting beaten down, edging closer to Crisis Loves if the RCA gets delayed. even better, we can catch an overreaction entry at all-time lows and I'd love that my mouth would start watering. It's already giving back so much value if you look at where it was trading that just a few weeks ago and an official delay would make this even more.

JC And what's the eventual decision does come out? There will be so much more upside to take advantage of. Why is there so much opportunity to take advantage of? if it does get beat down more? Well, because there's so much more upside to all-time highs. I mean just getting back to a healthy upward direction over our red directional SMA One would put us $4 more up per share. We want this to get delayed.

We want this to have an overreaction to trade off us. Okay. and lastly, OS MT Got their FDA approval a few days ago. It gapped up from just over six to as high as nine.

It's also trading pretty high already, but most of the run from approval has completely wiped away. Maybe there's maybe there's 20% of the run left. It's pretty abysmal, but the reason I like it still is because it just had an approval and it apparently pre factored it in, but still ran up massively on approval in a sporadic Melton Insiders have been snapping up shares throughout the last three months of this trading price. This suggests that even though we are trading pretty high, we have an opportunity.

If we get in at a good deal from where we are sitting, this is a healthy play. Analysts are still giving it 71 percent of Upside. of course they are monkeys, but that's still saying something. and if nothing else, this would be such a solvent opportunity on more announcements.

And lastly, you may have noticed that this video was very, very low on typical FDA approval plates. but this is a very slow month for the FDA and honestly I wasn't able to find any good setups on those on the few that were happening this month. You can go and do your own due diligence. But for me I just didn't find any spoiled brat setups that met our usual FDA approval criteria.

Hopefully we'll see some more next month, but the stocks on this list are very strong opportunities for high probabilities that we'll be looking for this month. anyways. folks, I do hope this video is valuable to you. If you have any questions, feel free to reach out to us.

In the comment section below. Remember to trade like a spoiled brat. The market. Well, it doesn't care about you, so don't cry to care about it.

Make sure you're trading like a spoiled brat. you're only taking the best of setups. And lastly, if you are looking to learn how to trade if you want to be forged into a trader, we are offering $50 off if you type in Stay Home 2020 before checkout and that link is in the description below. Anyways, folks, have a great day and I'll see you in the next video.