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Rocky’s Weekly Stock Picks

This week’s image seems to suggest we ought to be looking at penny stocks. While not immediately obvious, any stock that regularly trades at $5 or below is considered a ‘penny stock’, so that would be quite a wide breadth to work with.

In fact, we hold several securities that will likely remain under $5 for the foreseeable future.

Maybe we’ll start by looking at ex-divs this week.

  1. FCO - $4.52/share, ex-div 10/21, $0.07/mo. This pretty much checks every box, both rational and arbitrary.

  2. DX - $11.50/share, ex-div 10/21, $0.13/mo. Either the dividend will come down, or the share price will go up. Either way, we’re happy to buy more.

  3. UEC - $3.60/share, options trade monthly. UEC is acquiring another large player in the uranium game.

  4. USDP - $3.94/share, midstream partnership. Dividends paid monthly, and the next ex-div should be in a couple of weeks or thereabouts. Mostly we just like the 12.5% return of capital.

  5. NAK - $0.23/share, options trade monthly. The EPA is trying to end this project again. It’s a fascinating bit of history happening in real time, and could very well end natural resource development in the United States as we know it.

    Are we to believe Big Oil is going to sit idly by and have their own future threatened by some pencil-pushing treehuggers?