Who doesn’t love a good breakout? If you’re trying to hunt down the best penny stocks to buy now, you’ve likely seen one or two big movers over the last few weeks. Whether it was EVFM stock earlier in July, HKD stock last week, or several monster movers today, the thrill of trading is alive and well. On top of this, it’s worth mentioning that small-caps and penny stocks tend to move to the sound of their own drum.
There are, what I’ll call “repeat offenders” returning to the watch lists of traders. Liberty TripAdvisor B shares (LTRPB) are on fire for no immediately apparent reason. LTRPB stock skyrocketed from $17.55 to highs of over $80 within a matter of hours and during a slew of trading halts. Why is it’s repeat offender? If you’ve traded long enough, you’ll remember the massive breakout the LTRPB stock had back in 2020.
Could these penny stocks be next?
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