 In this video, I'm going to talk about a zero point zero nine nine penny stock that could explode So this is an incredibly cheap penny stock will go through the information here in this video But this is you know a really cheap penny stock in sense that is zero point zero nine nine But you're also gonna bear mind the market cap as well And we'll go through the information in this video as to why I think that this could be a short term swing trade Okay, we're talking a potential fifty to hundred percent gain take the profit I'm not keen on this long term yet unless I can be persuaded of a wise But I do think that there's some short term swing trade potential on this stock again This is a zero point zero zero nine nine penny stock Okay, and you can see here zero point zero nine nine and the one we're talking about today is called Charlie's holdings Okay, the ticker symbol for this is CHUC and this is over the over the counter markets Okay, and going into this. What do they do? So what are they all about sir? Charlie holdings is an industry leader in the premium nicotine only e-cigarette and hemp derived CBT CBD wellness liquid spaces through its subsidiary companies Charlie's chalk dust LLC and Don Polly LLC Charlie's chalk dust produces high quality Vapor products currently distributed in over 90 countries around the world again. I've got to say I'm not a financial advisor as always So I was do your own research here Okay, and also do like the video if you do appreciate me bringing these penny stocks to you these These really cheap hard to find penny stocks, right? Do like the video. Let's go into this favor. So they're a distributing in 90 countries. Well wide So they've developed an extensive portfolio of brand styles flavor profiles and innovative product formats So they've got a good product portfolio in what they produce as well Okay, and then they obviously are creating high quality products in this particular area what they're doing here very Interesting one. Okay in terms of the vaping industry and that sort of area Okay, and it's very interesting in that sense. So they've got a range of different products available Okay, a wide variety of a product portfolio And I do like a penny stock that's got a good product portfolio in the sense that there's a variety of products One thing that I do look for in penny stocks And you know, you've got the two websites here that actually sell different types of products in relation to this area Now before we go through some more information just as around but reminder just to support the channel if you can in any way You can whether you knew welcome welcome We cover many penny stocks on this channel So do hit that subscribe button if you want to hit here about the layer latest Penny stocks remember to hit that notification bell also become a part of the stock club We talk about some of these stocks and go do some research in these on some updated posts on the stock club So do also hit the join button if that interests yet moving back into the information So what is the management's commentary recently? So they've said that while we've experienced adversity with the vapor industry having its share of ups and downs during the past few Years from a favorable news in late 2019 and the ensuing Regulatory uncertainty to the advent of a global pandemic We as an industry have collectively overcome many challenges I can understand in terms of a regulator Regulatory issues, but I don't think the pandemic actually impacts people actually vaping right they can they can vape But you know, yeah, the regulation is one of the downsides to this stop Okay, but regulation is working in the fiver now I think with policy changes, so we'll see so it continues here at Charlie's We always been at the forefront of change creating innovative products helping to shape regulation and acting as an industry steward Charlie's has been able to find creative ways to work with our customers and help them to find continued success during these trying times We believe it is incumbent upon them as an industry leader to work within our customers to help shoulder the burden of Economic uncertainty the team at Charlie's has been diligently working to ensure its customers will have access to high quality Safe products for decades to come We took the premium rather than discounted approach having already invested five million dollars on the highest quality application Available to us so very interesting stuff that they're trying to innovate and create new products in this area And we'll go through some more DD on this where there is some good points to it But some bad points But it's like this is why I say because of some of the bad points that this is a short term swing trade I could see this moving up and I'll get into why I think that this is so Stump concluded it was a great pleasure that we can announce to our customers and shareholders that the FDA Center for Tobacco products has informed us That it's sufficiently complete to enter the substantive review phase of the process This is newsworthy of celebrations It highlights our progress towards achieving full regulatory compliance and providing our customers with a trusted product portfolio It is a reflection of our relentless hard work and meticulousness in the pursuit of precision So it's in terms of FDA approval very interesting stuff again, and we notice a lot of stocks go Up on the route to that approval as well as regulatory approval You know many of these stocks do go up on the route towards that approval Just before it as well as the run-up There's usually a run-up and this is why I say maybe a swing trade as this sort of develops, right? Now some interesting DD that I found on on buy someone here on bread It's a thank you to them But again some interesting points here, which I think you know some positives some negatives and I do agree here So the market cap is quite a lot. So it's quite high for what it is as a penny stock at this level The second point is that there has been a decrease in revenue So longer term, you know when revenue decreases, I mean to be fair, you know Companies can have a bad year sometimes they will and then they'll bounce back and have a really good year sometimes that happens But you know if it's this is it ends up continuously being continuously being a continued Decrease then the long-term potential kind of goes out the window in terms of holding this long term But again, you've got this short-term use so it has a target analyst expectation of 0.5 But again, you Rightfully said, you know the take this with a pinch of salt But even if it was 0.25 you would still actually make a lot on its current position is We're talking about this one is 0.01 free. This is now 0.00 99 so it's much less now. It's actually gone down even even further So, you know, even if it was to I think it's got the potential to move up 50 to 100% for a swing trade essentially is what I'm saying The overall factor is of volume as well and then they've also submitted a product for FDA approval So as this goes through the regulations here, I think that there could be a bit of a run-up And I think you could set a price target of it or a profit target of 50 to 100% and then sell You know, that was that's what I'm looking to potentially do Okay, but again, so this has got one where it's a this is a Get in and get out play. This is the one that you get in you wait for the run-up Okay, and then you sell it's not one for long-term holding as of yet. It could be but You know, I'm not persuaded to that it is right I'm persuaded that it's a short term Getting get out swing trade play and I don't usually do a lot of these because a lot of the penny stocks I do hold or even medium term or at least long term. This is a short term Hoping for that 50 to 100% And again, the price is at 0.0099 Okay, and you can see the 52 week look was 0.015 And then the 52 week high 0.047 Okay So I think that this could easily double on its current price point and you can just make some quick money on it But again, I'm not a financial advisor. You do your own research and I feel that the industry it's in It's kind of a growing industry. I feel that, you know, the revenue going down is a bit of an issue for me Which why say not long-term? However, this run up to the FDA approval on some of the products could be very interesting as well So again, this is a get in and get out play Try and get a swing trade on this in my opinion. Okay, so don't remember to support the channel like the video Subscribe if you knew we cover many penny stocks ones that are not talked about as much Right, so we cover the ones that are more obscure in the sense that they're not known about before the run-up We did that with clickstream CLIS one of the first ones to cover that stock So do like the video do subscribe to the channel hit that stock club Join button there and I will see everybody in the next video