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3 Penny Stocks That Investors Need to Watch In 2021

Which penny stocks should you know about in 2021? Take a look at these 3
The post 3 Penny Stocks That Investors Need to Watch In 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Top Penny Stocks That Could Benefit From Events This Year

Investing in penny stocks is an art. It’s not for everyone, and it’s definitely not for the faint of heart. However, if you can master it, the potential is unlimited. So, when it comes to making a list of penny stocks, there are a few keys that will allow you to stay in the know. And, outside of the fundamentals that a company offers, investors should always know the present and future events that could impact your penny stock watchlist

In 2021, we’ve already been a part of an extraordinary year; and not for the right reasons. With the pandemic still around and economic inflation in swing, investors are considering what the best options are for penny stocks to buy.

[Read More] Trending Penny Stocks To Watch in 2021? Take a Look At These

Now, there are two strategies to consider; short and long term. And, with those comes an emphasis on what events are coming up both in the market and outside. Now, this year we have three factors that are impacting the market. Covid, economic reopening, the impact of retail traders, and penny stocks on Robinhood

While one of these aspects is not more important than the other, there’s no doubting that Covid has had an extremely large effect on the market already. And, the pandemic also plays into the opening of the economy and what investors are aptly naming, ‘reopening penny stocks’. These are companies that will benefit from the effects of economic restrictions being lifted and increased retail sales. So with that in mind, here are three penny stocks that could benefit from events this year. 

3 Penny Stocks That Could See Momentum in 2021 

  1. Assertio Holdings Inc. (NASDAQ: ASRT)
  2. Acasti Pharma Inc. (NASDAQ: ACST)
  3. T2 Biosystems Inc. (NASDAQ: TTOO

Assertio Holdings Inc. (NASDAQ: ASRT) 

Up over 34% in pre-market is the pharmaceutical company, Assertio Holdings. The company offers a large range of different products in its pipeline. This includes branded prescriptions for use in neurology, hospital, pain, and inflammation management. Additionally, Assertio engaged in licensing deals, mergers, and acquisitions to promote further growth. While gains like the one we saw today often occur without news, Assertio announced its Q1 2021 financial results during after-hours only a day earlier. 

“This quarter provides our first data point in demonstrating the strength of our diversified portfolio and non-personal promotional model, which showed resiliency in the face of the continued effects of Covid-19, the impact of payor pressure, and our shift to a leaner operational profile.

As we continue to execute on our transformation and gain increasing confidence that our model is transferable across a number of therapeutic areas, we are actively seeking additional assets that will address unmet needs for patients, benefit from our commercial platform, and increase value to Assertio.” 

CEO of Assertio Holdings Inc., Dan Peisert

During the quarter, ASRT managed to raise roughly $45.3 million in cash through a series of offerings. In addition, restructuring led to more than $45 million in annualized cost savings. This quarter also showed a great amount of growth for the company, increasing its net product sales from $9.3 million in Q1 2020 to $26.4 million in Q1 2021. Additionally, its adjusted EBITDA rose from $3.9 million in Q1 2020 to $15.7 million in Q1 2021. So with all of this growth in mind, is ASRT a penny stock to watch?

Acasti Pharma Inc. (NASDAQ: ACST) 

Another big pre-market gainer is Acasti Pharma, pulling in roughly 36% by early morning on Friday, May 7th. Similarly to Assertio, this major gain comes on the back of a large announcement made early in the day. Before we get into it, let’s take a closer look at ACST stock. Acasti is a biopharmaceutical company working on the development and commercialization of a broad range of drugs.

[Read More] 4 Penny Stocks On Robinhood To Buy Under $1; 50%-270% Price Targets

Its focus has remained on compounds that use OM3 fatty acids, which have a high clinical safety profile and extensive research at this point. The company utilizes these to attempt to lower triglycerides in patients with hypertriglyceridemia or HTG. Its flagship compound known as CaPre, is an OM3 phospholipid therapeutic and is in development for its use in patients with severe HTG. 

Ok, so why the big gain on May 7th? Early in the morning, Acasti announced a definitive agreement to acquire Grace Therapeutics Inc. Grace is a pharmaceutical company with a large pipeline of programs for treating both rare and orphan diseases. This includes several Stage 3 clinical assets that have received Orphan Drug Designation from the FDA.

At the closing of this deal, the pair expect to have roughly $64 million in cash that will be used to complete these Phase 3 clinical trials. Both boards of directors from the two companies have approved this transaction, meaning that things can move forward very quickly. 

“We have diligently pursued a thorough strategic process to evaluate a range of value-creating alternatives. We believe that combining Grace’s innovative research programs and scientific talent with Acasti’s financial resources and drug development and commercialization expertise position us to build a portfolio of innovative therapeutics that will address unmet medical needs.”

The chairman of Acasti, Roddy Carter

Considering this big news, it looks like ACST could have a lot to offer investors in the coming months. Whether it will be on your watchlist, however, is up to you. 

Penny_Stocks_to_Watch_Acasti Pharma Inc. (ACST Stock Chart)

T2 Biosystems Inc. (NASDAQ: TTOO) 

T2 Biosystems Inc. also happens to be another pre-market gainer on May 7th. While we are in the middle of earnings season, it usually is hit or miss as to what will happen with share prices when earnings are announced.

However, as is the case with Assertio and T2 Biosystems, share are pushing up. T2 for some context is a producer of rapid detection products that can identify sepsis-causing pathogens in the body. In its first-quarter results released during after-hours yesterday, the company posted some incredibly solid numbers. 

During the period ended on March 31st, T2 managed to achieve revenue of $7 million, which includes product revenue of $4.7 million. This is a massive climb of 173% and 345% respectively, over the same period of the previous year.

Additionally, the company managed to expand its salesforce in the U.S. to 9 Regional Account Managers, which helped to back the sale of 4 T2Dx Instruments during the first quarter both in and out of the U.S. Lastly, the company stated that its T2SARS-CoV-2 Panel is capable of detecting the new India-variant of Covid as well as other major and concerning variants. 

[Read More] 3 Penny Stocks to Watch Right Now, One Up Over 105% in 2021

CEO and President of T2 Biosystems, John Sperzel, stated that “Entering 2021, we set three corporate priorities: accelerating our sales, improving our operations, and advancing our pipeline. We are very pleased with our progress during the first quarter, which included 173% total revenue growth, 345% product revenue growth, and 85% sepsis test revenue growth.”

This is an exciting time for T2 as it is in several burgeoning markets. Its products are showing increased adoption, and it is working hard to get a head start on the future. With all of this in mind, is TTOO a penny stock to watch?

Penny_Stocks_to_Watch_T2 Biosystems Inc. (TTOO Stock Chart)

Are These Penny Stocks Worth It?

Now, coincidentally all of the companies on this list are biotech penny stocks. However, the biotech industry has seen tremendous growth over the past year or so. While other areas such as tech stocks and entertainment stocks are also seeing major growth right now, it all comes down to what type of company you are looking for.

To understand this, one should first identify what type of investor they are, and what investing goals one has. This is the best way to feel confident when it comes to making a penny stock watchlist. Considering all of this, are these penny stocks worth it?

The post 3 Penny Stocks That Investors Need to Watch In 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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There will soon be one million seats on this popular Amtrak route

“More people are taking the train than ever before,” says Amtrak’s Executive Vice President.

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While the size of the United States makes it hard for it to compete with the inter-city train access available in places like Japan and many European countries, Amtrak trains are a very popular transportation option in certain pockets of the country — so much so that the country’s national railway company is expanding its Northeast Corridor by more than one million seats.

Related: This is what it's like to take a 19-hour train from New York to Chicago

Running from Boston all the way south to Washington, D.C., the route is one of the most popular as it passes through the most densely populated part of the country and serves as a commuter train for those who need to go between East Coast cities such as New York and Philadelphia for business.

Veronika Bondarenko captured this photo of New York’s Moynihan Train Hall. 

Veronika Bondarenko

Amtrak launches new routes, promises travelers ‘additional travel options’

Earlier this month, Amtrak announced that it was adding four additional Northeastern routes to its schedule — two more routes between New York’s Penn Station and Union Station in Washington, D.C. on the weekend, a new early-morning weekday route between New York and Philadelphia’s William H. Gray III 30th Street Station and a weekend route between Philadelphia and Boston’s South Station.

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According to Amtrak, these additions will increase Northeast Corridor’s service by 20% on the weekdays and 10% on the weekends for a total of one million additional seats when counted by how many will ride the corridor over the year.

“More people are taking the train than ever before and we’re proud to offer our customers additional travel options when they ride with us on the Northeast Regional,” Amtrak Executive Vice President and Chief Commercial Officer Eliot Hamlisch said in a statement on the new routes. “The Northeast Regional gets you where you want to go comfortably, conveniently and sustainably as you breeze past traffic on I-95 for a more enjoyable travel experience.”

Here are some of the other Amtrak changes you can expect to see

Amtrak also said that, in the 2023 financial year, the Northeast Corridor had nearly 9.2 million riders — 8% more than it had pre-pandemic and a 29% increase from 2022. The higher demand, particularly during both off-peak hours and the time when many business travelers use to get to work, is pushing Amtrak to invest into this corridor in particular.

To reach more customers, Amtrak has also made several changes to both its routes and pricing system. In the fall of 2023, it introduced a type of new “Night Owl Fare” — if traveling during very late or very early hours, one can go between cities like New York and Philadelphia or Philadelphia and Washington. D.C. for $5 to $15.

As travel on the same routes during peak hours can reach as much as $300, this was a deliberate move to reach those who have the flexibility of time and might have otherwise preferred more affordable methods of transportation such as the bus. After seeing strong uptake, Amtrak added this type of fare to more Boston routes.

The largest distances, such as the ones between Boston and New York or New York and Washington, are available at the lowest rate for $20.

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The next pandemic? It’s already here for Earth’s wildlife

Bird flu is decimating species already threatened by climate change and habitat loss.

I am a conservation biologist who studies emerging infectious diseases. When people ask me what I think the next pandemic will be I often say that we are in the midst of one – it’s just afflicting a great many species more than ours.

I am referring to the highly pathogenic strain of avian influenza H5N1 (HPAI H5N1), otherwise known as bird flu, which has killed millions of birds and unknown numbers of mammals, particularly during the past three years.

This is the strain that emerged in domestic geese in China in 1997 and quickly jumped to humans in south-east Asia with a mortality rate of around 40-50%. My research group encountered the virus when it killed a mammal, an endangered Owston’s palm civet, in a captive breeding programme in Cuc Phuong National Park Vietnam in 2005.

How these animals caught bird flu was never confirmed. Their diet is mainly earthworms, so they had not been infected by eating diseased poultry like many captive tigers in the region.

This discovery prompted us to collate all confirmed reports of fatal infection with bird flu to assess just how broad a threat to wildlife this virus might pose.

This is how a newly discovered virus in Chinese poultry came to threaten so much of the world’s biodiversity.

H5N1 originated on a Chinese poultry farm in 1997. ChameleonsEye/Shutterstock

The first signs

Until December 2005, most confirmed infections had been found in a few zoos and rescue centres in Thailand and Cambodia. Our analysis in 2006 showed that nearly half (48%) of all the different groups of birds (known to taxonomists as “orders”) contained a species in which a fatal infection of bird flu had been reported. These 13 orders comprised 84% of all bird species.

We reasoned 20 years ago that the strains of H5N1 circulating were probably highly pathogenic to all bird orders. We also showed that the list of confirmed infected species included those that were globally threatened and that important habitats, such as Vietnam’s Mekong delta, lay close to reported poultry outbreaks.

Mammals known to be susceptible to bird flu during the early 2000s included primates, rodents, pigs and rabbits. Large carnivores such as Bengal tigers and clouded leopards were reported to have been killed, as well as domestic cats.

Our 2006 paper showed the ease with which this virus crossed species barriers and suggested it might one day produce a pandemic-scale threat to global biodiversity.

Unfortunately, our warnings were correct.

A roving sickness

Two decades on, bird flu is killing species from the high Arctic to mainland Antarctica.

In the past couple of years, bird flu has spread rapidly across Europe and infiltrated North and South America, killing millions of poultry and a variety of bird and mammal species. A recent paper found that 26 countries have reported at least 48 mammal species that have died from the virus since 2020, when the latest increase in reported infections started.

Not even the ocean is safe. Since 2020, 13 species of aquatic mammal have succumbed, including American sea lions, porpoises and dolphins, often dying in their thousands in South America. A wide range of scavenging and predatory mammals that live on land are now also confirmed to be susceptible, including mountain lions, lynx, brown, black and polar bears.

The UK alone has lost over 75% of its great skuas and seen a 25% decline in northern gannets. Recent declines in sandwich terns (35%) and common terns (42%) were also largely driven by the virus.

Scientists haven’t managed to completely sequence the virus in all affected species. Research and continuous surveillance could tell us how adaptable it ultimately becomes, and whether it can jump to even more species. We know it can already infect humans – one or more genetic mutations may make it more infectious.

At the crossroads

Between January 1 2003 and December 21 2023, 882 cases of human infection with the H5N1 virus were reported from 23 countries, of which 461 (52%) were fatal.

Of these fatal cases, more than half were in Vietnam, China, Cambodia and Laos. Poultry-to-human infections were first recorded in Cambodia in December 2003. Intermittent cases were reported until 2014, followed by a gap until 2023, yielding 41 deaths from 64 cases. The subtype of H5N1 virus responsible has been detected in poultry in Cambodia since 2014. In the early 2000s, the H5N1 virus circulating had a high human mortality rate, so it is worrying that we are now starting to see people dying after contact with poultry again.

It’s not just H5 subtypes of bird flu that concern humans. The H10N1 virus was originally isolated from wild birds in South Korea, but has also been reported in samples from China and Mongolia.

Recent research found that these particular virus subtypes may be able to jump to humans after they were found to be pathogenic in laboratory mice and ferrets. The first person who was confirmed to be infected with H10N5 died in China on January 27 2024, but this patient was also suffering from seasonal flu (H3N2). They had been exposed to live poultry which also tested positive for H10N5.

Species already threatened with extinction are among those which have died due to bird flu in the past three years. The first deaths from the virus in mainland Antarctica have just been confirmed in skuas, highlighting a looming threat to penguin colonies whose eggs and chicks skuas prey on. Humboldt penguins have already been killed by the virus in Chile.

A colony of king penguins.
Remote penguin colonies are already threatened by climate change. AndreAnita/Shutterstock

How can we stem this tsunami of H5N1 and other avian influenzas? Completely overhaul poultry production on a global scale. Make farms self-sufficient in rearing eggs and chicks instead of exporting them internationally. The trend towards megafarms containing over a million birds must be stopped in its tracks.

To prevent the worst outcomes for this virus, we must revisit its primary source: the incubator of intensive poultry farms.

Diana Bell does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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This is the biggest money mistake you’re making during travel

A retail expert talks of some common money mistakes travelers make on their trips.

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Travel is expensive. Despite the explosion of travel demand in the two years since the world opened up from the pandemic, survey after survey shows that financial reasons are the biggest factor keeping some from taking their desired trips.

Airfare, accommodation as well as food and entertainment during the trip have all outpaced inflation over the last four years.

Related: This is why we're still spending an insane amount of money on travel

But while there are multiple tricks and “travel hacks” for finding cheaper plane tickets and accommodation, the biggest financial mistake that leads to blown travel budgets is much smaller and more insidious.

A traveler watches a plane takeoff at an airport gate.

Jeshoots on Unsplash

This is what you should (and shouldn’t) spend your money on while abroad

“When it comes to traveling, it's hard to resist buying items so you can have a piece of that memory at home,” Kristen Gall, a retail expert who heads the financial planning section at points-back platform Rakuten, told Travel + Leisure in an interview. “However, it's important to remember that you don't need every souvenir that catches your eye.”

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According to Gall, souvenirs not only have a tendency to add up in price but also weight which can in turn require one to pay for extra weight or even another suitcase at the airport — over the last two months, airlines like Delta  (DAL) , American Airlines  (AAL)  and JetBlue Airways  (JBLU)  have all followed each other in increasing baggage prices to in some cases as much as $60 for a first bag and $100 for a second one.

While such extras may not seem like a lot compared to the thousands one might have spent on the hotel and ticket, they all have what is sometimes known as a “coffee” or “takeout effect” in which small expenses can lead one to overspend by a large amount.

‘Save up for one special thing rather than a bunch of trinkets…’

“When traveling abroad, I recommend only purchasing items that you can't get back at home, or that are small enough to not impact your luggage weight,” Gall said. “If you’re set on bringing home a souvenir, save up for one special thing, rather than wasting your money on a bunch of trinkets you may not think twice about once you return home.”

Along with the immediate costs, there is also the risk of purchasing things that go to waste when returning home from an international vacation. Alcohol is subject to airlines’ liquid rules while certain types of foods, particularly meat and other animal products, can be confiscated by customs. 

While one incident of losing an expensive bottle of liquor or cheese brought back from a country like France will often make travelers forever careful, those who travel internationally less frequently will often be unaware of specific rules and be forced to part with something they spent money on at the airport.

“It's important to keep in mind that you're going to have to travel back with everything you purchased,” Gall continued. “[…] Be careful when buying food or wine, as it may not make it through customs. Foods like chocolate are typically fine, but items like meat and produce are likely prohibited to come back into the country.

Related: Veteran fund manager picks favorite stocks for 2024

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