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META stock breakout watch , see https://stockconsultant.com/?META
META stock chart#finance #money #wallstreet #stockmarket #stocks
Despite being a contentious market segment, the concept of strong penny stocks has a certain allure. Let's get one thing straight. Investing in this extremely risky sector carries obvious risks. These publicly traded securities can be extremely volatile due to their low price and lack of attention (trading volume). Don't put up more money than you can afford to lose.
Nonetheless, some high-risk ideas are surprisingly good penny stocks. Here's another fact. With thousands upon thousands of securities trading on U.S. exchanges, it's almost unavoidable that some good companies will be overlooked. When it comes to penny stock picks, that possibility increases. Basically, not many people pay attention to these under-the-radar plays.
Here are some bitcoin mining stocks I've been watching for a while:
$HUT $GREE $OLB $RKFL
https://preview.redd.it/vl5sf1feo4ab1.png?width=1358&format=png&auto=webp&s=f136dabbdd41299121deaf25026120f43c889c70$HUT: Hut 8 Mining Corp. is a Bitcoin-focused cryptocurrency mining company. They run mining operations and provide services to institutional investors. As with any mining stock, it is critical to monitor operational efficiency, energy costs, and the overall performance of the cryptocurrency market.
$GREE: Greenidge Generation Holdings Inc. is a vertically integrated bitcoin mining and power generation company based in Upstate New York with plans to expand operations to other parts of North America.
$OLB: OLB Group's undervalued stock is not recovering to a fair price. However, when it spins off DMint, their Bitcoin mining subsidiary, OLB will be significantly higher. With a strong track record in the payments market, the sector is poised for growth over the next decade as individuals and companies seek technological integration in financial services.
$RKFL: Online and brick-and-mortar retailers can accept cryptocurrencies and tokens quickly and easily thanks to RocketFuel Blockchain Inc. ("RKFL"), which creates frictionless, secure checkout solutions based on blockchain technologies.
In researching under $0.05 stocks to find a "baby thrown out with the bath water", I found a few companies that looked flushed out, but with the potential to have news that can give risk tolerant traders a nice return.
Curative Biotechnology $CUBT @ $0.016 The Company is now concentrating on a Metformin Reformulation targeting the treatment of intermediate and late-stage Age-Related Macular Degeneration (AMD) disease with the goal of being in the clinic in 2023 for a first in human trial of its metformin-based eye drop. The clinical trial will be conducted under a Cooperative Research and Development Agreement (CRADA) with the National Institutes of Health. Huge potential market for a direct delivery of a macular degeneration treatment to the eye. Recent news may suggest a possible partnership or licensing focus in Japan. https://finance.yahoo.com/news/curative-biotechnology-announces-establishment-japanese-135000581.html
Visium Technologies $VISM @ $0.01 Cybersecurity company that has recently announced a partnership with well connected Cybastian institute of Technology. At a market cap of less than $500,000, any cybersecurity contract with one or more African nation and this stock could easily support a market cap of $10 million or more (translating into $0.20). Visium Technologies uses graph database technology to deliver an analytics-driven, risk-based approach to cybersecurity that provides context to data so that users can make intelligent decisions in real time. Technology platform was built for the US Army Cyber Command by MITRE Corporation (CyGraph), and then further developed by Visium known as TruContextTM. Worth watching for news...or buying a few shares to make sure you watch.
$WINR trading volume of 4.9 million on Friday was 15 times the average trading volume and closed at $0.015. "Volume precedes price"--although the stock went up a modest 15%. No news released yet. Simplicity Esports and Gaming Company (WINR) is the franchisor for 12 esports gaming center. Market Cap is $434,000. 52 week high was $0.26.
Good luck with your trading
In the middle of the summer, there is always fewer traders in front of their computers watching for trading opportunities. And that means that if you ARE paying attention, you can get in before a momentum run develops fully. Especially in the microcaps that have news coming out, but are not known to many investors.
The following stocks have hit the screens for a good technical chart AND good fundamental news.
In alphabetical order,
$DSS is basically a business incubator/holding company that is just starting to get recognized as a very undervalued play with an upcoming stock dividend to its shareholders (Biotech subsidiary being spun off). That piece of news woke the market up and the stock has gone from $0.22 to $0.38 today....and is now consolidating. Zacks has a target price of $1.50--which does not seem to be a stretch given their $52 Million market cap and revenue increases.
$OLB looks like it has built a higher base and trending higher. Mostly a payments company, it looks like they are expanding into the "un-banked" sector by offering payment services through bodegas and convenience stores. Company also has said that their Bitcoin mining facility inf Tennessee which has low cost power is going to be spun off to OLB Group shareholders in the near future. Cheap market cap of less than $14 Million considering they did $31 Million in revenue last year.
$WINT is a Biotech bottom fishing play after doing a capital raise in April, With only 5.2 Million shares outstanding and trading at $1.28, the sell off seems to be overdone and a base in this price range looks to be established. With 5 drug candidates in the cardiac space in the pipeline, ANY news out of their clinical trials and this thing is headed to $2.00. IMO
DKNG DraftKings stock strong day, breakout watch above 27.04 , see https://stockconsultant.com/?DKNG
DKNG DraftKings stock chart#finance #money #wallstreet #stockmarket #stocks
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