Penny_Stocks_Today

Penny_Stocks_Today

A sudden shift in course has recently caught the eye of many OTC investors as SFLMaven Corp. (OTC: SFLM) finally updated its OTC markets profile indicating that it is shifting industries and managerial command. The company is no longer an international jeweler headed by Joseph Ross Ladin, instead, it is now a holding company focused on acquiring other companies...

Penny_Stocks_Today

Recently, Micromobility.com Inc.’s (Nasdaq: MCOM) CEO Salvatore Palella announced his intention to draft a letter for shareholders inspired by Mullen Automotive, Inc.’s (Nasdaq: MULN) CEO David Michery. After Michery’s letter, MULN stock soared by as much as 107% and MCOM stock could have a similar run considering its history of parabolic runs. For this reason,...

Penny_Stocks_Today

After sharing its 2023 annual report, Visionary Education Technology Holdings Group Inc. (Nasdaq: VEDU) plummeted which could be attributed to defaulting on a $44 million mortgage. That said, the drop could be an overreaction as the stock could be undervalued at current levels. The reason why the stock could be considered undervalued is that the company is set to...

Penny_Stocks_Today

Recently, a litany of institutions have been reinstating mask mandates amidst a summer surge of Covid cases due to the Eris variant spread. These mask mandates may be a major catalyst for mask manufacturers. One of the mask manufacturers that stand to benefit from these mandates is NovaBay Pharmaceuticals, Inc. (NYSE: NBY) which has a history of running on...

Penny_Stocks_Today

On August 15, Stratos Renewables Corporation’s (OTC: SRNW) CEO George Sharp dropped a series of revelations regarding his shell company which could be signaling that the much-awaited reverse merger may be on the horizon. These revelations included a sizable share cancellation, an equity investment from his other company Forwardly, Inc. (OTC: FORW), and most...

Penny_Stocks_Today

The market’s cheap penny stocks trend is still strong and it seems like it is about to claim its next target in Ascent Solar Technologies, Inc. (NASDAQ: ASTI) which saw a 29% run on August 21. Given the stock’s low float and its equity investment agreement with Lucro Investments VCC, investors are starting to wonder if ASTI stock is the next Novo Integrated...

Penny_Stocks_Today

With an ultimate goal of uplisting to the NASDAQ, BlockQuarry Corp. (OTC: BLQC) may be set to soar this week after it completed its 2022 annual audit – putting it one step closer to becoming SEC reporting. In addition, the company promised to share a press release this week which could be related to its anticipated merger with Minersnet. Given the potential of the...

Penny_Stocks_Today

In its Q2 earnings call, AST SpaceMobile, Inc. (NASDAQ: ASTS) revealed a series of exciting news regarding its revolutionary satellite technology. The most exciting news is that the company has fully funded the construction of its first 5 BlueBird satellites representing Block 1. These 5 satellites are set to be launched in Q1 2024 and will be followed by 20...

Penny_Stocks_Today

With naked short selling proving to be a major issue for companies, LQR House Inc. (NASDAQ: LQR) is the latest one to combat this phenomenon. Recently, the company approached the law offices of Holiday Hunt Russells to investigate naked short selling activity and other instances of market manipulation that its stock has been witnessing since its IPO on August...

Penny_Stocks_Today

With its CEO set to run for Congress, CeCors, Inc. (OTC: CEOS) may be poised to soar over the coming months due to the anticipated attention it is positioned to gain from major media outlets. This is mainly the result of its CEO’s – Kate Monroe – popularity as she has been previously featured with several well-renowned outlets. Given the potential the company may...

Penny_Stocks_Today

Bankruptcy plays are falling out of season, and penny stock shenanigans seem to be the new fad. Currently, stocks trading at around a penny are running left, right, and center. A likely candidate for this trend is Ideanomics, Inc. (NASDAQ: IDEX) since it is one of the cheapest stocks on the NASDAQ exchange. With a history of sporadic runs, IDEX stock may be...

Penny_Stocks_Today

At the moment, Astra Energy, Inc. (OTC: ASRE) is at a pivotal point in its growth. ASRE is a renewable energy company with international operations that is poised to experience a significant growth spurt. This is mainly due to the company starting to ramp up operations to tackle 2 major projects with a budget exceeding $500 million. Once these projects are...

Penny_Stocks_Today

An exciting merger is on the horizon as Inpixon (NASDAQ: INPX) is set to complete its merger with XTI Aircraft in Q4. This merger could have a positive impact on INPX stock thanks to its potential to drastically increase its revenues. With this in mind, XTI’s Trifan 600 aircraft is highly demanded and could be a selling point for the stock. In light of this, INPX...

Penny_Stocks_Today

It seems like Astra Veda Corporation (OTC: ASTA) is currently keeping its word concerning becoming Pink Current permanently as it successfully filed its Q2 earnings. Moreover, the company is keeping its promise of issuing PR every week for the next 3 – 4 months as it shared its first PR regarding $1.5 million in non-dilutive funding and a PR regarding its Q2...

Penny_Stocks_Today

Although FDA approval is a promising sign to invest in biotech stocks, that may not be the case with Delcath Systems, Inc. (NASDAQ: DCTH) whose treatment for a form of metastatic melanoma – Heozato Kit – was recently approved by the FDA. The promising biotech company is suffering from high cash burn and its current cash balance is insufficient to last it more than...

Penny_Stocks_Today

On August 11th, AMC Entertainment Holdings, Inc. (NYSE: AMC) won court approval for its MC Preferred Equity (NYSE: APE) restructuring plan which would allow the movie theater chain to move forward with its restructuring plan. This plan includes converting APE shares into AMC common shares, conducting a 1 to 10 reverse split, and issuing shares to raise capital...

Penny_Stocks_Today

If there are a pair of words that are synonymous with Wanderport Corporation (OTC: WDRP) stock, they are ‘share cancellation’. As things stand, WDRP stock has been promising stock cancellations worth 100 million shares since the days of yore, otherwise known as December 2022. Having said that, WDRP recently announced that it will release promising new updates...

Penny_Stocks_Today

Although bankruptcy is a negative thing for companies since it means that said company is going out of business, meme stock traders have been targeting struggling stocks and bankrupt stocks in an attempt to force short sellers to cover their positions. This trend has been ongoing over the past few weeks with several struggling stocks making major runs. With this...