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3 Penny Stocks Cathie Wood’s ARK Invest Bought In 2021, Will You?

3 penny stocks attracting attention from ARK Invest family of funds.
The post 3 Penny Stocks Cathie Wood’s ARK Invest Bought In 2021, Will You? appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Cathie Wood’s ARK Invest Funds Are Buying Penny Stocks But Are They Worth It?

By simple definition, penny stocks are shares of stock trading for less than $5. Some may define them by exchange, while others place a lower price threshold on these cheap stocks. Needless to say, if you do a quick search on the ol’ Google machine, you’ll find that most outlets report this $5 mark as the threshold.

Regardless of how you feel about low-priced stocks, or what you call them, for that matter, the idea of buying cheap stocks is relatively universal for most traders. You either avoid them altogether or try your hand to make money with them by investing or trading.

One of the barrier-breaking names in the stock market today is Cathie Wood. She has become a rockstar among retail traders. Whether it’s finding ways to double down on certain meme stocks or taking an aggressive stance on higher-risk niches, her style of investing has gained broad support from mom and pop traders over the last year. Her claim to fame came during the pandemic of 2020 when her innovation ETFs gained billions of inflows and capitalized on numerous trends that emerged.

101 Ways To Invest In The Metaverse

Cathie Wood’s “Ark On Steroids” Approach

In an interview this week with CNBC, Wood seemingly upped the ante on her bullish market outlook. She explained that her firm is “testing out a portfolio, but it’s really Ark on steroids.”

“We think the benchmarks are where the big risks are long term, because they are filling up with value traps — those companies that have done very well historically but are going to be disintermediated and disrupted by the massive amount of innovation that’s taking place.”

Though this methodology could be more volatile, according to Wood, she expects that in 5 years, the world “will look nothing like it does today, and we’re invested in all the disruptors, the winners, that are going to disrupt the traditional world order.”

ARK Invest Penny Stocks To Watch

Thanks to our namesake, we focus much more on cheap stocks rather than your bigger blue chips. Call them penny stocks, call them low-priced equities, or call them the cat’s pajamas; this comes secondary to the whole purpose of putting together a list of inexpensive stocks for your watch list. Keeping to this theme, we took a look at some of ARK’s family of funds to see if Cathie Wood has a soft spot for low-priced names.

Read more: Check These 3 Penny Stocks Out For Your Watchlist Right Now

Believe it or not, there were a few current and former “penny stocks” that we’ve reported on and are currently sitting among the holdings of some of these funds. Here are 5 to watch heading into the end of the year.

Nano Dimension (NASDAQ:NNDM)

Shares of Nano Dimension are no stranger to big breakout moves. In fact, at one point last year, NNDM stock was trading below $1. The initial spark that ignited some early interest came with a case of mistaken identity. Traders had confused Nano Dimension (with a space) (NASDAQ:NNDM) and NanoDimension, without a space. Apparently, the “no-space” name had released some big news that traders first attributed to NNDM.

Needless to say, Nano Dimension came into its own for other reasons, including additive manufacturing technology. I won’t bore you with a history lesson, but NNDM stock was one of the best penny stocks to watch last year after momentum carried shares from under $1 to as high as $17.89 at the beginning of 2021. Fast-forward to this week, and NNDM stock continues trading in and out of the penny stock range.

Wednesday, the company announced its latest quarterly results, which included a significant increase in revenue for the three and nine months ended September 30. Furthermore, Nano Dimension spelled out several key initiatives moving forward, including M&A, accelerated R&D as well as a firm “go-to-market” effort.

In addition to corporate milestones, Cathie Wood may have brought some additional excitement to the table. As of today, ARK Next Generation Internet ETF (NYSE:ARKW) and Ark Autonomous Tech ETF (NYSE:ARKQ) both show NNDM stock listed among the holdings. The former has 7,864,213 shares with ARK’s position worth $36,332,664.06 and the latter has 9,412,517 shares worth $43,485,828.54. This puts ARK’s respective averages at $4.619 and $4.62.

AquaBounty Technologies (NASDAQ:AQB)

If you’ve read some of our articles over the last year, AquaBounty Technologies (NASDAQ:AQB) should be familiar. Similar to NNDM, AQB stock was one of the biggest movers between 2020 and 2021. Shares managed to explode from lows of $1.52 last February to over $13.30 this January. Of course, like most penny stocks, AQB stock recalibrated (a lot), and shares have slid back below the $5 level once again.

penny stocks to buy AquaBounty AQB stock

AquaBounty is an aquaculture company focusing on sustainable fish farming. It provides Atlantic salmon from its numerous farms in Indiana and Prince Edward Island, Canada. There’s been somewhat of a revolution in how food is consumed and how it’s processed. Across multiple supply chains, companies are focused intently on their ESG (Environmental, Social, Governance) models. In AquaBounty’s case, raising antibiotic-free salmon has provided a solution that reduces the company’s carbon footprint and cuts any risk of pollution to marine ecosystems.

Despite the slide in share price, AQB stock has experienced a strong rebound and increased trading volumes this week. The company announced a public offering last week that ultimately resulted in selling pressure, taking shares lower. However, considering the offering is expected to have closed on November 23, there’s been a bit more optimism. What’s more, if you’re looking for Cathie Wood penny stocks, AQB could be one on your list. That’s because her ARK Genomic Revolution ETF (NYSE:ARKG) shows a 5.6 million share position in the penny stock. Based on the 5,661,264 shares equating to a listed position worth $15,172,187.52, ARK’s average price is around $2.68.

Compugen Ltd. (NASDAQ:CGEN)

Are you looking for more Cathie Wood ARK penny stocks for your list? Give a glance over the companies in her ARK Innovation ETF (NYSE:ARKK). You’ll see that as of November 24, the fund has 0.13% of its holdings in Compugen Ltd. (NASDAQ:CGEN). More specifically, ARKK has 5,256,123 shares worth $24,073,043.34, roughly $4.58 per share.

penny stocks to buy Compugen CGEN stock

Compugen was a rock star last year, rallying from around $6 to highs of nearly $20. This was thanks to considerable progress in its cancer treatment pipeline. This included many updates on its COM701 anti-tumor platform trial with Bristol Myers Squibb’s Opdivo. Despite last year’s optimism, shares have retreated to the penny stock range as of late.

This month the company announced that Bristol Myers Squibb completed its $20 million investment into Compugen. Though shares have slid following the company’s latest earnings and Phase trial results of COM701 and COM902, management is optimistic thanks to Compugen’s current industry relationships.

Best Penny Stocks To Buy For A Short Squeeze? 5 To Watch Today

CEO Anat Cohen Dayag, Ph.D. explained, “We believe the growing commitment from Bristol Myers Squibb, along with the advancement of AstraZeneca’s COM902 derived TIGIT/PD-1 bispecific in the clinic, provide important external validation to our approach, and we will continue our steady execution to maintain our first-mover advantage in the space.”

Are You Following Cathie Wood On These Penny Stocks?

Like penny stocks with insider trading, investment fund purchases can bring their own type of sentiment. Whether it’s a buy or sell of shares, some traders read these instances differently. The important thing to keep in mind is that different investors buy different stocks for specific reasons. Based on this, it’s always important to do further research and determine if penny stocks are right for you.

The post 3 Penny Stocks Cathie Wood’s ARK Invest Bought In 2021, Will You? appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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“The Omicron Variant” – Magic Pills, Or Solving The Africa Problem?

"The Omicron Variant" – Magic Pills, Or Solving The Africa Problem?

Authored by Kit Knightly via Off-Guardian.org,

Yesterday the WHO labelled the sars-cov-2 variant B.1.1.529 as a “variant of concern” and officially named it “Omicron”.

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"The Omicron Variant" – Magic Pills, Or Solving The Africa Problem?

Authored by Kit Knightly via Off-Guardian.org,

Yesterday the WHO labelled the sars-cov-2 variant B.1.1.529 as a “variant of concern” and officially named it “Omicron”.

This was as entirely predictable as it is completely meaningless. The “variants” are just tools to stretch the story out and keep people on their toes.

If you want to know exactly how the Omicron variant is going to affect the narrative, well The Guardian has done a handy “here’s all the bullshit we’re gonna sell you over the next couple of weeks” guide:

  • The Omicron variant is more transmissable, but they don’t know if it’s more dangerous yet (keeping their options open)

  • It originated in Africa, possible mutating in an “untreated AIDS patient” (sick people are breeding grounds for dangerous “mutations”)

  • “it has more than double the mutations of Delta…scientists anticipate that the virus will be more likely to infect – or reinfect – people who have immunity to earlier variants. (undermining natural immunity, selling more boosters, keeping the scarefest going)

  • “Scientists are concerned” that current vaccines may not be as effective against the new strain, they may need to be “tweaked” (get your boosters, and the new booster we haven’t invented yet)

  • “Scientists expect that recently approved antiviral drugs, such as Merck’s pill, will work as effectively against the new variant” (more on this later)

  • It’s already spreading around the world, and travel bans may be needed to prevent the need for another lockdown

We’re already seeing preparations for more “public health measures”, with the press breathlessly quoting “concerned” public health officials. We’re being told that a new lockdown won’t be necessary…as long as we remember to get boosted and wear masks and blah blah blah.

Generally speaking, it’s all fairly boilerplate scary nonsense. Although it is quite funny that the Biden administration has already put a bunch of African nations on a travel ban list, when Biden called Trump a racist for doing the same thing in 2020.

AFRICA

It’s interesting that the new variant has allegedly come from Africa, perhaps “mutating in the body of an AIDS patient”, since Africa has been the biggest hole in the Covid narrative for well over a year.

Africa is by far the poorest continent, it is densely populated, malnourishment and extreme poverty are endemic across many African nations, and it is home to more AIDS patients than the entire rest of the world combined. And yet, no Covid crisis.

This is a weak point in the story, and always has been.

Last Summer, the UK’s virus modeller-in-chief Neil Ferguson attempted to explain it by arguing that African nations have, on average, younger populations than the rest of the world, and Covid is only a threat to the elderly. But five minutes of common sense debunks that idea.

The reason Africa has a younger population, on average, is that – on average – they are much sicker.

There are diseases endemic to large parts of Africa that are all but wiped out in most of the Western world. Cholera, typhus, yellow fever, tuberculosis, malaria. Access to clean water, and healthcare are also much more limited.

And while it has been nailed into the public mind that being elderly is the biggest risk factor for Covid, that is inaccurate. In fact, the biggest risk factor for dying “of Covid” is, and always has been, already dying of something else.

The truth is that any REAL dangerous respiratory virus would have cut a bloody swath across the entire continent.

Instead, as recently as last week, we were getting articles about how Africa “escaped Covid”, and the continent’s low covid deaths with only 6% of people vaccinated is “mystifying” and “baffling” scientists.

Politically, African nations have shown themselves far less likely to buy into the “pandemic” narrative than their European, Asian or American counterparts. At least two “Covid denying” African presidents – Pierre Nkurunziza of Burundi and John Magufuli of Tanzania – have died suddenly in the last year, and seen their successors immediately reverse their covid policies.

So maybe the Omicron Variant is a way of trying to fold Africa into the covid narrative that the other continents have already fully embraced. That will become clear as the story develops.

Of course, it’s also true that being “African” is media shorthand for being scary, relying on the deeply-seated xenophobia of Western audiences. See: “Africanized killer bees”.

But, either way, Africa is the long game. There’s a more obvious, and more cynical, short term agenda here.

THE MAGIC PILLS

Let’s go back to the Guardian’s “Omicron” bullet points, above:

  • Scientists are concerned by the number of mutations and the fact some of them have already been linked to an ability to evade existing [vaccine-created] immune protection.

  • Scientists expect that recently approved antiviral drugs, such as Merck’s pill, [will work effectively] against the new variant

The “new variant” is already being described as potentially resistant to the vaccines, but NOT the new anti-viral medications.

Pharmaceutical giants Merck and Pfizer are both working on “Covid pills”, which as recently as three days ago, were being hyped up in the press:

US may have a ‘game changer’ new Covid pill soon, but its success will hinge on rapid testing

In the US, an emergency use authorisation can only be issued if there is no effective medication or treatment already available, so the vaccines not being proof against Omicron would be vital to rushing the pills onto the US market, at least.

If Omicron is found to be “resistant to the vaccines”, but NOT the pills, that will give governments an excuse to rush through approving the pills on an EUA, just as they did with the vaccines.

So, you bet your ass that testing is gonna be “rapid”. Super rapid. Blink-and-you’ll-miss-it rapid. Rapid to the point you’re not even sure it definitely happened. And now they have an excuse.

Really, it’s all just more of the same.

A scare before the new year. An excuse to make people believe their Christmas could be in peril. An exercise in flexing their control muscles a bit, milking even more money out of the double-jabbed and boosted crowd, now newly terrified of the Omicron variant, and a nice holiday bump to Pfizer’s ever-inflating stock price.

At this point either you can see the pattern, or you can’t. You’re free of the fear machinery, or you’re not.

There is one potential silver lining here: It feels rushed and frantic. Discovered on Tuesday, named on Friday, travel bans on Saturday. It is hurried, and maybe that’s a reaction to feeling like the “pandemic” is losing its grip on the public mind.

Hopefully, as the narrative becomes more and more absurd, more and more people will wake up to reality.

It has been pointed out that “Omicron” is an anagram of “moronic”.

One wonders if that’s deliberate and they’re making fun of us.

Tyler Durden Sat, 11/27/2021 - 23:45

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Israel Moves To Ban All Foreigners From Entry Amid Omicron Variant Fears

Israel Moves To Ban All Foreigners From Entry Amid Omicron Variant Fears

Israel’s Knesset is set to hold a special emergency "coronavirus cabinet" late Saturday night where government officials will vote on enacting a complete closure of…

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Israel Moves To Ban All Foreigners From Entry Amid Omicron Variant Fears

Israel's Knesset is set to hold a special emergency "coronavirus cabinet" late Saturday night where government officials will vote on enacting a complete closure of the country to foreign travel. The ban will tentatively be in effect for the next two weeks.

Already Israel has banned all foreigners arriving from the majority of African countries in recent days on fears that the highly-mutated Omicron coronavirus variant, which first emerged in South Africa, could be the next deadly wave - and with the vaccine possibly doing little to stop it.

AFP/Getty Images

The greatly tightened travel and tourist restrictions are expected to be announced late Saturday night or early Sunday. It's expected to also include a new mandatory quarantine of three days or more for vaccinated Israeli citizens who've returned from traveling abroad. For unvaccinated inbound Israeli citizens the quarantine will be a week.

The fresh travel rules come as authorities scramble to do contact tracing on exposures related to at least one confirmed Omicron case:

Authorities are scrambling to locate 800 Israelis who may have been exposed to the new Omicron variant of COVID-19, a defense official said Saturday.

The Health Ministry confirmed one case of the new variant in Israel, and said there were seven other suspected cases who were awaiting test results.

Four of the suspected cases returned to Israel recently from international travel, and three had not traveled, raising fears of community transmission in Israel.

Prime Minister Bennett ahead of the vote said the government is "preparing for any scenario." And concerning the new still somewhat mysterious variant, the country's interior minister said, "It looks like it might be more infectious, so we’re taking action as fast as possible."

Just days ago the health minister Nitzan Horowitz announced that Israelis will likely have to get a fourth shot, also as children between the ages of 5 to 11 have begun receiving the jab. Ironically the foreign tourist ban is now being re-imposed for one of the most highly vaxxed nations on earth.

At least 80% of all Israelis 16 and older are now considered fully vaccinated.

Tyler Durden Sat, 11/27/2021 - 23:15

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Mexican Authorities List Conditions To Reboot “Remain In Mexico” Program

Mexican Authorities List Conditions To Reboot "Remain In Mexico" Program

Authored by Tom Ozimek via The Epoch Times,

Mexican authorities have laid out a series of conditions for reviving the “Remain in Mexico” program, the Trump-era…

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Mexican Authorities List Conditions To Reboot "Remain In Mexico" Program

Authored by Tom Ozimek via The Epoch Times,

Mexican authorities have laid out a series of conditions for reviving the “Remain in Mexico” program, the Trump-era framework under which asylum-seekers were returned to Mexico to await the processing of their claims, with the development coming in context of the Biden administration’s plans to reinstate the policy following a court order.

Mexico’s Foreign Ministry said in a Nov. 26 announcement that talks have “intensified” with the United States on rebooting the program, known as the Migrant Protection Protocols (MPP), but that Mexican authorities are waiting for a formal response from the Biden administration on a number of concerns.

“The government of Mexico … has raised various concerns of a humanitarian nature regarding the asylum procedure in the United States,” the ministry said, adding that it has “highlighted the need to improve conditions for migrants and asylum seekers, so that they have better legal advice” regarding the processing of their clams, which Mexico said, “must be carried out as expeditiously as possible.”

One of the conditions is for the United States to accelerate development programs for southern Mexico and Central America in order to address the root causes of migration.

Another is for Washington to offer individuals deported under the MPP program medical care and vaccination against COVID-19 “to protect their right to health and prevent the spread of COVID-19 in communities on both sides of the border.”

Mexico has also requested that the United States respect designated return points, taking into account local security conditions and the capacity of Mexican authorities “to provide adequate care to migrants.”

Another “essential” request is for Washington to provide funding for shelters and non-government organizations “in order to improve conditions for migrants and asylum seekers in a substantive way.”

The demands come as talks between the two countries continue on reimplementing the MPP program after a court in August ordered that the Department of Homeland Security (DHS) reverse its June decision to halt the policy.

“In compliance with the court order, we are working to reimplement MPP as promptly as possible,” DHS spokesperson Marsha Espinosa told Axios.

”We cannot do so until we have the independent agreement from the Government of Mexico to accept those we seek to enroll in MPP,” Espinosa added.

“We will communicate to the court, and to the public, the timing of reimplementation when we are prepared to do so.”

The Biden administration is facing an unprecedented surge in illegal immigration that critics say is fostered by its lax enforcement policies, including halting MPP and curtailing the use of Title 42, which is used to expel illegal immigrants during the COVID-19 pandemic.

Tyler Durden Sat, 11/27/2021 - 16:45

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