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Rocky’s Weekly Stock Picks

Howdy folks, and welcome to another week of picking stocks. We’re going to just take a stab in the dark here - you’ve been pre-occupied this past week and are probably pre-occupied going into this next week.

Same here! What about personal discretionary funds, how are those doing? We’d be remiss if we didn’t acquire some kind of assets, but what if we only have $50? Put it into a REIT or LP/MLP.

But that’s no fun! Since this time of year we tend to spend lots of money on things that won’t be around after December (or things that will go into the attic for the next decade), would it really be so bad to buy random stocks?

Yes, yes it would. However, we can take a look at some penny stocks, though! And with that, let’s get started.

  1. NAK - $0.25/share. Gold/precious metals mining is a definite long-term play, and we don’t expect to ROI any time soon. We’ve been buying in for a while, and this is a great chance to average down.

    It appears that the Pebble Project is set to receive some $60M in additional funding. (This is a very abridged TLDR. It’s a little more complex than a semi-truck full of dollars showing up.) Nice!

    Bear in mind that if you’re using WeBull, you’ll be required to buy at least 100 shares.

  2. PVL - $3.53/share, ex-div on Tuesday, November 29th. Dividends are paid monthly, and this month is about $0.04/share. As is typical with oil and gas equities, there is some fluctuation in the returns. Similarly typical, oil and gas tends to keep rising and to keep paying out.

    We really love our fossil fuels (a misnomer, but we’re not getting into that here).

  3. SID - $2.84/share, with no announced dividend in the future. While we did see a payout in May this year, we’re not looking at this Brazilian steel company for a dividend. What we’re looking at is picking up shares at what we perceive to be a discount.

    We’ll be looking to exit at around $6 in the next 18 months. If this does not come to pass, we’re perfectly happy to hold on to the shares.

  4. PSIL - $2.35/share, this ETF covers the psychedelic drugs industry. That’s right folks, legal mushrooms and LSD. That’s a real thing. With the rise in legal psychedelic sales at the retail level, and the low price of these shares, now is a great time to get in on the action.

    In September there was a distribution of $0.21/share. While there’s no immediate indication of future distributions, it’s definitely a possibility. If it can happen once, it certainly can happen again.

  5. PVMCF - $0.01/share , this OTC stock represents a company that is engaged in the development, mining and marketing of metallurgical coal. That’s all we need to know. Plus, at just 1 cent, it’s truly a penny stock.

    Further, its price history seems to suggest we can expect a rise in share price. We’re looking to exit at $0.05/share, but recommend setting your sights at $0.03.