Reddit is the front page of the Internet. There are millions of people discussing various aspects on Reddit and it has become one of the primary platforms for the investors to look for the penny stocks. Reddit is easy to navigate and it is a spot for the investors to look for the cheapest penny stocks. It is certainly not the appropriate spot for the beginners as the first-timers will have dozens of links, acronyms and multiple options for the content they won’t actually understand. On switching on Reddit, you’ll see numerous links which are termed as the front page of the internet. There are millions of unique users giving their own options on Reddit and it could be a chaotic way to understand the things for the first time.
There are many cheap penny stocks floated on Reddit. The forum comes with a comment option and certain stocks have the commented articles which could help the investors to make the choice for the right penny stocks to make the appropriate purchase.
Some of the trending Reddit cheapest penny stocks are:
- Puration Inc. (PURA)
Puration Inc. works in the designing, development, production, and marketing of the individual water purification products. The company includes personal water filter bottles, sports bottles, purification devices, biological filter devices, travel filters, and replacement filtering ideas. The company sells its products under the Filter 2GO Brand. The company has a stock price of $.0.0943 and the company is making business growth with time.
- Medical Marijuana Inc. (MJNA)
Medican Marijuana Inc. is an investment holding company working in industrial hemp and medical marijuana market. The company works for the proprietary based cannabinoid products in formulating the seed, stalk, and extracts formulated for the pharma and cosmeceutical industries. The medical implementations include the licensing of the company for testing, genetics, packaging, labeling, and production of the standard methods for its industry. The company’s 52-week rate ranged from the value of $0.06- $0.12 and is holding the lower side position. The stocks are best to buy at this point in time.
- GH Capital Inc. (GHHC)
GH Capital Inc. has a major focus on providing consultation services for the business development to help the companies to turn towards public status. The consulting services from the company are marketed mainly through the online forums, traditional print media and word of mouth. The price per stock is $0.016 and it could get towards a better position with time.
- Alternet Systems, Inc. (ALYI)
Alternet Systems, Inc. works in collaboration with its subsidiaries on providing digital payments, micro-segmentation, marketing intelligence services and data analytics for the mass consumer goods, financial services, telecom sectors, and other payments. The stock price at present is $0.030. It recently made an announcement to grow hemp in New York City. The company has made efforts in harvesting the hemp to conduct further research in the energy storage imitative. Analysts still suggest to closely watch this stock to avoid any kind of losses later on.