 I've done some research for you today and I've found what I think could be an absolute fantastic stock going forward into the future. I researched about five to ten stocks in the past couple of days and I wanted to make a dedicated stock penny stock video. Now I've got one which Vanguard keep buying. They've bought millions upon millions of shares. It's one that's incredibly cheap at the moment. We're going to go through it in this video. If you appreciate this research that I do. If you appreciate me bringing these videos to you then do hit that like button. Help support the channel. Help grow the channel towards 15,000 subscribers. Smash that like button. Let's get right into the penny stock that Vanguard continuously keep buying. We're going to look at a penny stock that Vanguard's invested in and we're going to explore strategies for this penny stock. So there's multiple ways that we can play this. So stay until right at the end of the video so you can get the different ways that we can play this penny stock. Now what has happened? So the top ten earners of this particular penny stock, we've got a total value from Vanguard of 5.8 million and the shares bought here is at 2.7 million. That's a total change of 4,641.21%. So Vanguard are loading the boat with this penny stock and you can also notice all the other institutional buying that's been going on from other institutions. You can notice that there's more people buying than they are selling. They are loading the boat 1.5 million, 300,000, 300,000. Loading the boat on this penny stock and there's a good reason why and I'm going to bring that research to you. So hit the like button if you appreciate that. Let's get into it and also remember to turn on notifications so that you never miss a new video and you get notified when the next big penny stock comes out. So let's go into the information. Now what is this? So it's ticker symbol M-I-C-T and they operate through its subsidiaries Global FinTech Holdings Intermediate and MicroNet LTD. What are they? So Global FinTech Holdings uses its versatile proprietary trading technology platforms to serve a range of high growth sectors in the FinTech space. Primary areas of focus include online brokerage for equities trading, online investment and wealth management services, sales of insurance products and trading in certain commodities. Global FinTech Holdings trades in several high quality, high growth foreign markets including Asia where the company benefits from its substantial proprietary database of users. So you've got a lot of data. And also works with a number of leading online portals and large commercial partners. MicroNet operates in the growing telematics and commercial mobile resource management markets, mainly in the United States and Europe. MicroNet designs, develops, manufactures and sells high quality innovative mobile computing devices and software. Very interesting. It's a high tech company involved in FinTech. And then you've got this mobile player as part of what they do there as well. Going into it, what's the price at? This is only at, MICT is now only at $256, OK? I'm going to go into this, $257 should I say. It's up even after hours to $267. Now this one I see moving up rapidly. I'm going to go into the price predictions in a moment. But let's go into some further information. What is so good about this company? So I've looked into some of their investor relations. So they've acquired 100% of this company, Global FinTech Holdings. OK, so they have total ownership. This isn't a subsidiary where they only have 10% ownership or 20% ownership. They have 100% ownership of this and access to all of their platforms and technologies, including in the FinTech area. And they are actually focusing on China's FinTech market. China has a population of, I believe it's over a billion, correct? Over a billion, I believe. There is a massive market here to actually for them to go into. Now it's closed on $15 million in funding. So it's got that cash. It's closed an additional $25 million for a direct offering. It also did a recent one. So it's building up its cash position. OK, there's a lot going on with a balance sheet. They're actually building up their cash position, which is very good to see. Now they've got different strategies in leveraging its technology and platform. So they're trying to build it organically. They're trying to actually leverage the technologies that they've already got. They've got the products. They've got the technologies. It's now about commercializing it and getting it out there. Now some further information. They've also had this recent news, well, fairly recent news. Acquired license to soon launch into stock trading and wealth management platform and mobile app in China and Hong Kong. OK, so it's received approval from Hong Kong to complete the acquisition of this particular area and it's going to help with the growth of the business. OK, very interesting stuff indeed. Another interesting point is essentially that there is also been a direct offering of 60 million. OK, and this direct offering is a combined purchase of $2.67. So that's what that direct offering is at. Now, we've got the point with China being a massive market. So they're looking in terms of Hong Kong and also China in terms of the acquisition there, but also within the actual look of where they're looking to actually build their technology within there. So there's a lot of stuff going on. It's in the global fintech area. It's in a growing industry. Now let's get to the price predictions and what I think that this stock could do. Now, first of all, I want to say just take stock and think about this. 2.7 million shares bought by Vanguard. OK, Vanguard Group has been buying the shares on this stock on mass and they're holding their shares. This is massive. OK, and it just adds further credibility to the stock. Now, and also the direct offerings at 2.67 for 60 million at 2.67. The current price is at 2.57 moving up to 2.67 after hours. OK, and what I would say is to this, what I would say is if you can catch this at the low $2 range, I think that it is a massive buying opportunity and potentially OK to start a position. What I would do is I would average in your position over a number of trades. I would say do it over four to five trades. And again, I'm not a financial advisor. I'm a business teacher in my daily life, but I'm by no means an expert on the stock market. So I would average it over three to four to five trades. OK, and what I would do is just buy it because it's going to be volatile. It's going to be up, it's going to be down. So you want to average in your position and hopefully your average can be around sort of the 250 mark with the volatility, possibly. Now, with that in mind, where do I see this stock going? I see it there's actually some analysts out there that actually think that this is going to go to $5, $6. OK, I think that it could easily go to those $5 and $6. It's only a few catalysts away from actually that happening in terms of implementing the apps that they've got and their FinTech solutions. As long as they commercialize it more and more, that is a massive catalyst that will send this stock flying. So I do think that this could easily get to four to five dollars. But essentially, in the long term, if they build up this platform really well, we could see this five X in, OK, on its current price point. So it's got a lot of potential. And what I would do is I'm buying and what you can play it as. You can play as a swing trade and try and actually trade it towards three dollars, $3.50 and take 20% profit and just take some short-term profit. Or you could hold it long if you believe in the company. So there's different approaches that you can take. Now, I want to end the video by saying, please consider turning on the notification. And if you appreciate this research and me bringing you these stocks to you, I mean, I've just got finished teaching. OK, and what I should be doing is really playing overwatch or watching TV. But I've gone straight to making a video for everybody here and doing the research for it. So if you do appreciate that, then do smash the like button. It does help out the channel and I will see everybody in the next video.