At the Last Futurist we recognize with the liquidity and low-interest rates of the markets, there are many stock markets. Now there are also anti-short Reddit fueled stocks called stonks.
While those are extremely speculative, there’s another kind of small-cap growth stocks that we call Ultra penny stocks, Those stocks under $0.10. Always do your due diligence on OTC stocks at OTCmarkets, and never buy stocks that are contraindicated.
These are among the most volatile and dangerous penny stocks, and must be bought very carefully and at your own risk. As a rule never put more than a small fixed amount on these stocks, since they most of the time go straight down after an initial jump. In a high liquidity market however, what would be extremely dangerous in normal times is slightly less risky.
Here is a list of stocks, do your own due diligence. Some of the following are ultra penny and stonks at the same time. This is not financial advice, this is just a list. However, our lists are carefully curated.
- $BLIAQ – Stocktwits, 583 followers. (Block Buster)
- $BLIBQ – Stocktwits (not yet), (Block Buster #2)
- $SMBZF (4,483% growth on Friday)
- $SOUPQ (retail restaurant recovery play, Soup chain)
- $CTRM – Stocktwits, 52.5k followers.
On occasion an extreme penny stock will actually be a legit startup with a lot of upside potential that will eventually become a very investable company, like $HYSR or $CLWD. $PKLBF and $SOUPQ are likely in that category and can be part of the retail recovery of late 2021 and 2022.
$BLIAQ and $BLIBQ are symbolic stonks in that they represent the now defunct Block Buster, a symbol of Gamestop movement nostalgia. Like Dodgecoin they might spike and retreat in a flash of an eye. They are by far the most risky stocks of this group, but also the most casino like.
I hope someone has found this list and analysis useful. 2021 represents the likely peak of the liquidity era of at-home trading where millions of Millennials and GenZ traders first encounter the stock market and are gamified to trading like a video game that is just a bit more real than make-believe worlds.
The Gamestop movement can be credited with attracting new investors to the market after the Fed created around $7 Trillion to pump the stock market during the pandemic.
The anti-shorting movement is also used, like crypto and Bitcoin, as a means of institutions themselves and the ultra-rich to game and manipulate the stock market. We cannot assume the lowly retail investor can move the markets like this.
However the volatility is spooking many ordinary investors since they realize there’s too much liquidity in the markets for the system to work correctly. It may in the first week of February result in the “correction” that we’ve long anticipated. However, multiple catalysts are at play:
The current market has a number of significant factors of why it’s so incredibly bullish:
- Low interest rates due to Fed stimulus (basically the central bank buying bonds and printing money)
- Liquidity moving into the equities from bonds and cash (due to low interest rates)
- Millennials inheriting money from baby boomers
- GenZ and Millennial males entering trading for the first time while staying at home
- Gamification of the trading from apps like Robinhood, WeBull and others.
- Rise of speculative behavior due to mental health, unemployment and desperation among retail traders
- The development of (meme-like) narratives like Wallstreetbets that glamorizes the little guy taking on Wall Street (actually a fairytale)
- The narrative of the “retail recovery” due to vaccine roll-outs in the U.K and the U.S. whereby the economy bounces back.
- Optimism around the ESG investing movement and around the EV sector and green-technology related stocks.
The reality is the so-called “Millennial narratives” like ESG, Walstreetbets and Tesla are just generational memes that have been carefully crafted for the rich to profit even more.
They are myths, bubbles and a kind of misinformation to create fake volatility. In a world of social media amplification. However, of course most of us cannot tell the difference.