Top Reddit Penny Stocks to Watch: Key Takeaways \tYou must follow the opportunities! These stocks have BIG news \u2014 here\u2019s what I\u2019m watching for\u2026 \tStock # 5 announced unusual news for a penny stock \u2014 and it could mean big gains. \tStock #2 just announced a deal with one of the biggest companies on the market.\u00a0 Check it out\u2026 Have a game plan for the week ahead. Subscribe to my NO-COST weekly watchlist here. I checked in on the Reddit penny stocks site to see what\u2018s hot, and I\u2019ve come up with 5 must-watch stocks. They have MASSIVE news that could create trading opportunities. Is there potential for \u201ceasy money\u201d and a big run? See for yourself below! \tPetroteq Energy Inc. (OTCPK: PQEFF \u2026 Read my full analysis here.) \tTalon Metals Corp. (OTCPK: TLOFF \u2026 Read my full analysis here.) \tMission Ready Solutions Inc. (OTCQX: MSNVF \u2026 Read my full analysis here.) \tOppFi Inc. (NYSE: OPFI \u2026 Read my full analysis here.) \tVortex Brands Co. (OTCPK: VTXB \u2026 Read my full analysis here.) 5 Reddit Penny Stocks to Watch This Week Remember, this watchlist isn\u2019t a recommendation to buy or trade these stocks. Many of the traders in these chat rooms are HODLing. They\u2019re more like investors or swing traders than day traders. It seems many believe in these companies. I think that\u2019s a huge mistake... Prepared traders don\u2019t get sucked into the chatter. Never blindly follow or listen to promoters or pumpers on social media and in chat rooms. They all claim these stocks are going to the moon. They\u2019re not. Most penny stocks fail. And if you\u2019re hoping to get rich quick or wondering \u201ccan you get rich off penny stocks?\u201d \u2026 you have the wrong mindset. That only creates bad trading habits like going all in, gunslinging, and overtrading... Don\u2019t focus on the money. Be ready to take advantage of the hype and volatility, trade your patterns and trading plan, then move on. New to penny stocks? Get my FREE guide to trading this niche here.\u00a0 https:\/\/twitter.com\/timothysykes\/status\/1480951191563653120 Reddit Penny Stocks to Watch #1: Petroteq Energy Inc. (OTCPK: PQEFF) Petroteq Energy is an oil and gas company. Key points about PQEFF\u2026 \tOn November 8, the company announced it received a takeover offer. \tAfter a full review, PQEFF\u2019s board of directors recommended shareholders accept the offer on January 4. \tThe stock\u2019s trading near its 52-week highs of 44 cents. \tOne Reddit user seems to think it\u2019s \u201ceasy money.\u201d I\u2019ll watch PQEFF for a breakout to new 52-week highs, ideally with high volume and a catalyst. But I\u2019ll also watch for a dip buy into a big morning panic. Reddit Penny Stocks to Watch #2: Talon Metals Corp. (OTCPK: TLOFF) Talon Metals is a mineral exploration company that focuses on minerals like copper, nickel, and cobalt. Key points about TLOFF\u2026 \tOn January 11, the Reddit penny stock daily thread was buzzing about the company\u2019s deal with Tesla, Inc. (NASDAQ: TSLA). \tMany Reddit traders admit they've held this stock for months. It\u2019s no surprise the stock tanked after gapping up. It traded high volume, so I\u2019ll keep it on my radar. But I\u2019ll only plan a trade if I see the right price action and one of my patterns. Reddit Penny Stocks to Watch #3: Mission Ready Solutions Inc. (OTCQX: MSNVF) Mission Ready Solutions provides personal protection gear to defense and security agencies. Key points about MSNVF\u2026 \tA Reddit user posted this due diligence and catalyst thread on January 11. \tThe stock\u2019s a former runner but it traded much higher volume when it spiked in February 2021. \tMSNVF\u2019s in a small uptrend and had a multi-month breakout over 31 cents on January 12. It trades low volume, so I\u2019ll watch MSNVF for a dip buy into any big panic. Reddit Penny Stocks to Watch #4: OppFi Inc. (NYSE: OPFI) OPFI operates a fintech platform that allows banks to offer lending products. Key points about OPFI\u2026 \tOPFI isn\u2019t technically a penny stock \u2014 it\u2019s trading around $5.50 as of this writing\u2026 \tBut Reddit penny stock traders seem excited about OPFI. Three recent posts cover the stock. One\u2019s titled, \u201cOPFI Has Potential To Run Big This Week.\u201d You can read the other two here and here. \tOn January 6, the company announced a share buyback program. I\u2019ll watch OPFI for a breakout over $6. Reddit Penny Stocks to Watch #5: Vortex Brands Co. (OTCPK: VTXB) Vortex Brands is an energy company. Key points about VTXB\u2026 \tOn January 7 the company announced a 25-for-1 forward stock split. A Reddit user posted this thread after the news. \tThe stock had a huge move after the stock split announcement. \tVTXB announced its bitcoin mining revenue on January 10. Forward stock splits are usually considered good news for larger-cap stocks. And VTXB is slowly uptrending back to its January 7 high. It\u2019s a former runner so I\u2019ll watch for another spike with news. But $0.0275 could be resistance. See the Penny Stocks I'm Watching Want to know which stocks I\u2019m watching each week? Subscribe to my no-cost weekly watchlist. I\u2019ll send my list of the top stocks to watch to your inbox every Sunday. If you want even more stocks to watch, read my Top Penny Stocks List Weekly Update. I also send my daily watchlist and game plan to Profit.ly subscribers every morning. There are three ways to get it \u2014 choose your Profit.ly subscription here. But I don\u2019t want you to blindly follow stock picks and alerts from anyone \u2014 including me. Learn the reasons behind my trades and stock picks. Then learn to find your own. The Final Word on Reddit Penny Stocks Reddit chat rooms have the potential to push stocks higher. They can create giant short squeezes and supernovas. We\u2019ve seen it happen in the past. And although the past doesn\u2019t repeat itself exactly, it often rhymes. I\u2019m in no way saying run out and buy these Reddit penny stocks. The chat rooms can be full of promoters and bots just as much as Twitter. But stocks with high volume and hype could present opportunities. So watch them for potential plays. But always have a trading plan and stay disciplined. And never believe the hype. Become self-sufficient like my 20+ millionaire students\u2026 Not sure which pattern or strategy is best for you? Watch the market, practice by paper trading on StocksToTrade, and study hard! Want access to my top educational resources? Apply for my Trading Challenge Today.\u00a0 Which of these Reddit penny stocks do you think has the most potential? Let me know in the comments \u2026 I love to hear from you!