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5 Tech Small Caps To Buy For Under $4 But Are They Worth It?

Should You Buy These Penny Stocks Under $4 Or Is The Risk Too High?

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This article was originally published by PennyStocks.

Hot Penny Stocks To Buy Under $4

As markets continued to recover on March 22nd, many tech penny stocks outperformed overall. There are a few reasons why this is the case. Broadly, the tech industry and corresponding stocks have seen a great deal of bullish interest due to the pandemic. With more people at home, many are using tech products and or services.

On Monday, we saw Treasury yields for the benchmark 10-year yield sit at below 1.7%. This is a large improvement over last week’s numbers, which were the highest since January of last year. Investors seem to be concerned with the future of the economy & the potential for inflation. 

What will happen with inflation as trillions in stimulus are given out? When will the economy recover to its pre-covid levels? These questions seem to be in play right now not matter if we’re talking about blue chips or penny stocks. But, we continue to see positive days where investors show they are confident in the future, which is exemplified in the surge of growth stocks over value as we saw on Monday.

David Koston, an analyst at Goldman Sachs, stated that “investors will remain anxiously focused on interest rates in the coming months. Although inflation will likely recede to 2.0% in 2022, investors will fear the above-target inflation may persist and could lead to further upward pressure on interest rates.”

Tech Penny Stocks to Buy Under $4 

Now could be the time to focus on the bullish sentiment we’re seeing. With this in mind, here are 5 tech penny stocks that can be bought for under $4. But just because they’re cheap, does that mean they’re worth the risk? I’ll let you decide. 

  1. Boxlight Corp. (NASDAQ: BOXL
  2. 9F Inc. (NASDAQ: JFU
  3. Color Star Technology Co Ltd. (NASDAQ: CSCW
  4. Ion Geophysical Corp. (NYSE: IO
  5. GigaMedia Ltd. (NASDAQ: GIGM

Boxlight Corp. 

Boxlight Corp. is a penny stock that we’ve covered multiple times in the past few months. The company plans to release its fourth quarter and full year financial results on March 25th. Ahead of this, let’s take a closer look at BOXL stock.

Since December of last year, shares of BOXL stock are up by over 90%. This bullish rally follows a similar trajectory of the tech market as a whole. Boxlight produces a large range of tech products for use in both educational and industrial settings. But, its focus has remained heavily on the former for some time.

Its flagship products include the Clevertouch and Mimio systems. These are interactive devices that can be used in both business or educational applications. In addition to producing physical products, Boxlight also develops software for its products and uses it in collaboration efforts. 

In the past few months, Boxlight has built its market across many educational institutions worldwide. This includes announcing that it would be supplying a large range of systems to the British Academy in London, U.K. It recently announced the Clevertouch gallery in London, where potential customers can see exactly how these products work.

Mark Starkey, President of Boxlight, states that “these new brand investments we’re launching throughout 2021 is all part of our ambitious growth plans to become the go-to brand for Enterprise, Education, Healthcare, Retail, and Government technology.”

The company’s launch of the Clevertouch Academy is also helping with the adoption of this technology. So with all of this in mind, is BOXL stock worth watching?

Penny_Stocks_to_Watch_Boxlight Corp. (BOXL Stock Chart)

9F Inc. 

9F is a digital financial account platform out of China. It has several products, including online lending, wealth management, loan products, and traffic referral services. As a Fintech company, 9F has benefitted from China’s economic growth over the past few years.

Additionally, it works on various new platforms, including Wukong Licai, 9F Wallet, and 9F Puhui, among others. These offer consumers the ability to do everything from credit card payment to debt consolidation and more. Its products are offered to a large range of Southeast Asian countries. In this way, it has been able to broaden its market substantially. One of the more interesting aspects of the company is its entrance into the blockchain arena.

[Read More] 4 Reddit Penny Stocks You Might’ve Missed This Month

Last year, the company launched what is known as the “Superbrain” platform. This platform encompasses AI, cloud, and blockchain tech to provide payments for both financial institutions and merchant partners alike. While crypto is not its main business, it has become a part in the past few months. This has also helped it gain a great deal of traction in the stock market overall. Since September of last year, shares of JFU shares are up by over 130%. With this solid gain in mind, it could be a company to watch.

Penny_Stocks_to_Watch_9F Inc. (JFU Stock Chart)

Color Star Technology Co Ltd. 

As a tech company, CSCW stock rose alongside other tech penny stocks on March 22nd. Primarily it is an education and entertainment company. It provides online and offline music education to a variety of customers.

Only a week or so ago, it announced a cooperation agreement between its subsidiary Color China Entertainment Co Ltd. and Doman Ltd. This agreement aims to provide a range of blockchain tech to support Color Star’s interactive entertainment platform. For some context, Doman is a blockchain technology provider in Color Star’s entertainment platform known as Color World APP. 

Color Star CEO Mr. Luke Lu stated, “our Company has recently increased its development efforts in artificial intelligence, AR vision, and blockchain applications. We will not hesitate to invest in the development and testing of technologies in order to bring a brand-new experience to the future of internet entertainment.”

In addition to this, Color Star announced earlier in March that it had entered into a strategic partnership with Zhongguang Telecom Ltd. to work on intelligent internet marketing. This marketing strategy is new to both companies but could be a valuable asset. As a tech company with many interesting developments in the works, CSCW stock could be worth watching.

Penny_Stocks_to_Watch_Color_Star_Technology_Co_Ltd_CSCW_Stock_Chart

Ion Geophysical Corp. 

Ion Geophysical may not be a penny stock you’ve heard of, but it is an innovative tech company worth watching. The company is a data company providing information helpful in decision-making for offshore energy and maritime customers. On March 22nd, Ion announced the extension of its Gemini extended frequency source in its original Middle East deployment location. This extension will double the original duration and area of the program. While this may not seem like a big deal at first, it serves to validate the technology and how much of an asset it is to the company. 

Chris Usher, President of Ion, stated that “we are delighted with our new offering’s robust performance on this survey, which demonstrated low technical downtime and achieved tight specifications for sailing speeds. The survey extension is now expected to wrap up in late May. In response to strong industry demand, we plan to increase Gemini capacity four-fold for programs this summer.” 

After completing a $10.5 million registered direct offering last month, Ion looks well-capitalized to expand on this most recent project. When they announced this offering, Usher stated that “we still plan to execute the upcoming bond restructuring transactions and associated rights offering, pending shareholder approval, in early April.”

With any tech company, funding is essential. While it does have contracts in the works, it needs capital to embark on these large plans. So with ample capitalization in mind, is IO a penny stock to watch?

Penny_Stocks_to_Watch_Ion Geophysical Corp. (IO Stock Chart)

GigaMedia Ltd.

Another entertainment company of note is GigaMedia Ltd., which provides digital entertainment services to several highly-populated areas of Asia. In the past few years, it has worked to capitalize upon the Asian entertainment market. It does this through the distribution of original content, as well as mobile & casual games. It has also managed to move into both Southeast Asia and Europe.

[Read More] 3 Best Penny Stocks On Robinhood To Buy Under $1 Right Now?

Its mobile gaming market has grown substantially over the course of the pandemic. This portfolio offers both non-cash gambling or casino games, as well as card and table games. It has several product lines, including MahJong, AkaSeka, and Yume 100. During the pandemic, the demand for online gaming has shot up substantially. This makes sense given that there are more people at home than in many years prior.

While not much news comes out from GIGM, we can use its latest financial report to understand where the company stands. During the third quarter of last year, GigaMedia brought in revenue of $2.03 million with a gross profit and operating loss of $1.2 million and $0.36 million, respectively. CEO James Huang stated that during the quarter, “it became clear that our efforts accumulated in past quarters are gradually paying off, and our improvement in profitability is gaining pace.”

GigaMedia also entered and executed an agreement to acquire $10 million worth of promissory notes of Aeolus Robotics Corp. With this, it has access to AI-enabled service robots. Are these developments enough to justify the move that it has made recently?

Penny_Stocks_to_Watch_GigaMedia Ltd. (GIGM Stock Chart)

The post 5 Tech Penny Stocks To Buy For Under $4 Right Now, Are They Worth It? appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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The Coming Of The Police State In America

The Coming Of The Police State In America

Authored by Jeffrey Tucker via The Epoch Times,

The National Guard and the State Police are now…

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The Coming Of The Police State In America

Authored by Jeffrey Tucker via The Epoch Times,

The National Guard and the State Police are now patrolling the New York City subway system in an attempt to do something about the explosion of crime. As part of this, there are bag checks and new surveillance of all passengers. No legislation, no debate, just an edict from the mayor.

Many citizens who rely on this system for transportation might welcome this. It’s a city of strict gun control, and no one knows for sure if they have the right to defend themselves. Merchants have been harassed and even arrested for trying to stop looting and pillaging in their own shops.

The message has been sent: Only the police can do this job. Whether they do it or not is another matter.

Things on the subway system have gotten crazy. If you know it well, you can manage to travel safely, but visitors to the city who take the wrong train at the wrong time are taking grave risks.

In actual fact, it’s guaranteed that this will only end in confiscating knives and other things that people carry in order to protect themselves while leaving the actual criminals even more free to prey on citizens.

The law-abiding will suffer and the criminals will grow more numerous. It will not end well.

When you step back from the details, what we have is the dawning of a genuine police state in the United States. It only starts in New York City. Where is the Guard going to be deployed next? Anywhere is possible.

If the crime is bad enough, citizens will welcome it. It must have been this way in most times and places that when the police state arrives, the people cheer.

We will all have our own stories of how this came to be. Some might begin with the passage of the Patriot Act and the establishment of the Department of Homeland Security in 2001. Some will focus on gun control and the taking away of citizens’ rights to defend themselves.

My own version of events is closer in time. It began four years ago this month with lockdowns. That’s what shattered the capacity of civil society to function in the United States. Everything that has happened since follows like one domino tumbling after another.

It goes like this:

1) lockdown,

2) loss of moral compass and spreading of loneliness and nihilism,

3) rioting resulting from citizen frustration, 4) police absent because of ideological hectoring,

5) a rise in uncontrolled immigration/refugees,

6) an epidemic of ill health from substance abuse and otherwise,

7) businesses flee the city

8) cities fall into decay, and that results in

9) more surveillance and police state.

The 10th stage is the sacking of liberty and civilization itself.

It doesn’t fall out this way at every point in history, but this seems like a solid outline of what happened in this case. Four years is a very short period of time to see all of this unfold. But it is a fact that New York City was more-or-less civilized only four years ago. No one could have predicted that it would come to this so quickly.

But once the lockdowns happened, all bets were off. Here we had a policy that most directly trampled on all freedoms that we had taken for granted. Schools, businesses, and churches were slammed shut, with various levels of enforcement. The entire workforce was divided between essential and nonessential, and there was widespread confusion about who precisely was in charge of designating and enforcing this.

It felt like martial law at the time, as if all normal civilian law had been displaced by something else. That something had to do with public health, but there was clearly more going on, because suddenly our social media posts were censored and we were being asked to do things that made no sense, such as mask up for a virus that evaded mask protection and walk in only one direction in grocery aisles.

Vast amounts of the white-collar workforce stayed home—and their kids, too—until it became too much to bear. The city became a ghost town. Most U.S. cities were the same.

As the months of disaster rolled on, the captives were let out of their houses for the summer in order to protest racism but no other reason. As a way of excusing this, the same public health authorities said that racism was a virus as bad as COVID-19, so therefore it was permitted.

The protests had turned to riots in many cities, and the police were being defunded and discouraged to do anything about the problem. Citizens watched in horror as downtowns burned and drug-crazed freaks took over whole sections of cities. It was like every standard of decency had been zapped out of an entire swath of the population.

Meanwhile, large checks were arriving in people’s bank accounts, defying every normal economic expectation. How could people not be working and get their bank accounts more flush with cash than ever? There was a new law that didn’t even require that people pay rent. How weird was that? Even student loans didn’t need to be paid.

By the fall, recess from lockdown was over and everyone was told to go home again. But this time they had a job to do: They were supposed to vote. Not at the polling places, because going there would only spread germs, or so the media said. When the voting results finally came in, it was the absentee ballots that swung the election in favor of the opposition party that actually wanted more lockdowns and eventually pushed vaccine mandates on the whole population.

The new party in control took note of the large population movements out of cities and states that they controlled. This would have a large effect on voting patterns in the future. But they had a plan. They would open the borders to millions of people in the guise of caring for refugees. These new warm bodies would become voters in time and certainly count on the census when it came time to reapportion political power.

Meanwhile, the native population had begun to swim in ill health from substance abuse, widespread depression, and demoralization, plus vaccine injury. This increased dependency on the very institutions that had caused the problem in the first place: the medical/scientific establishment.

The rise of crime drove the small businesses out of the city. They had barely survived the lockdowns, but they certainly could not survive the crime epidemic. This undermined the tax base of the city and allowed the criminals to take further control.

The same cities became sanctuaries for the waves of migrants sacking the country, and partisan mayors actually used tax dollars to house these invaders in high-end hotels in the name of having compassion for the stranger. Citizens were pushed out to make way for rampaging migrant hordes, as incredible as this seems.

But with that, of course, crime rose ever further, inciting citizen anger and providing a pretext to bring in the police state in the form of the National Guard, now tasked with cracking down on crime in the transportation system.

What’s the next step? It’s probably already here: mass surveillance and censorship, plus ever-expanding police power. This will be accompanied by further population movements, as those with the means to do so flee the city and even the country and leave it for everyone else to suffer.

As I tell the story, all of this seems inevitable. It is not. It could have been stopped at any point. A wise and prudent political leadership could have admitted the error from the beginning and called on the country to rediscover freedom, decency, and the difference between right and wrong. But ego and pride stopped that from happening, and we are left with the consequences.

The government grows ever bigger and civil society ever less capable of managing itself in large urban centers. Disaster is unfolding in real time, mitigated only by a rising stock market and a financial system that has yet to fall apart completely.

Are we at the middle stages of total collapse, or at the point where the population and people in leadership positions wise up and decide to put an end to the downward slide? It’s hard to know. But this much we do know: There is a growing pocket of resistance out there that is fed up and refuses to sit by and watch this great country be sacked and taken over by everything it was set up to prevent.

Tyler Durden Sat, 03/09/2024 - 16:20

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate…

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate iron levels in their blood due to a COVID-19 infection could be at greater risk of long COVID.

(Shutterstock)

A new study indicates that problems with iron levels in the bloodstream likely trigger chronic inflammation and other conditions associated with the post-COVID phenomenon. The findings, published on March 1 in Nature Immunology, could offer new ways to treat or prevent the condition.

Long COVID Patients Have Low Iron Levels

Researchers at the University of Cambridge pinpointed low iron as a potential link to long-COVID symptoms thanks to a study they initiated shortly after the start of the pandemic. They recruited people who tested positive for the virus to provide blood samples for analysis over a year, which allowed the researchers to look for post-infection changes in the blood. The researchers looked at 214 samples and found that 45 percent of patients reported symptoms of long COVID that lasted between three and 10 months.

In analyzing the blood samples, the research team noticed that people experiencing long COVID had low iron levels, contributing to anemia and low red blood cell production, just two weeks after they were diagnosed with COVID-19. This was true for patients regardless of age, sex, or the initial severity of their infection.

According to one of the study co-authors, the removal of iron from the bloodstream is a natural process and defense mechanism of the body.

But it can jeopardize a person’s recovery.

When the body has an infection, it responds by removing iron from the bloodstream. This protects us from potentially lethal bacteria that capture the iron in the bloodstream and grow rapidly. It’s an evolutionary response that redistributes iron in the body, and the blood plasma becomes an iron desert,” University of Oxford professor Hal Drakesmith said in a press release. “However, if this goes on for a long time, there is less iron for red blood cells, so oxygen is transported less efficiently affecting metabolism and energy production, and for white blood cells, which need iron to work properly. The protective mechanism ends up becoming a problem.”

The research team believes that consistently low iron levels could explain why individuals with long COVID continue to experience fatigue and difficulty exercising. As such, the researchers suggested iron supplementation to help regulate and prevent the often debilitating symptoms associated with long COVID.

It isn’t necessarily the case that individuals don’t have enough iron in their body, it’s just that it’s trapped in the wrong place,” Aimee Hanson, a postdoctoral researcher at the University of Cambridge who worked on the study, said in the press release. “What we need is a way to remobilize the iron and pull it back into the bloodstream, where it becomes more useful to the red blood cells.”

The research team pointed out that iron supplementation isn’t always straightforward. Achieving the right level of iron varies from person to person. Too much iron can cause stomach issues, ranging from constipation, nausea, and abdominal pain to gastritis and gastric lesions.

1 in 5 Still Affected by Long COVID

COVID-19 has affected nearly 40 percent of Americans, with one in five of those still suffering from symptoms of long COVID, according to the U.S. Centers for Disease Control and Prevention (CDC). Long COVID is marked by health issues that continue at least four weeks after an individual was initially diagnosed with COVID-19. Symptoms can last for days, weeks, months, or years and may include fatigue, cough or chest pain, headache, brain fog, depression or anxiety, digestive issues, and joint or muscle pain.

Tyler Durden Sat, 03/09/2024 - 12:50

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February Employment Situation

By Paul Gomme and Peter Rupert The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000…

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By Paul Gomme and Peter Rupert

The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000 average over the previous 12 months. The payroll data for January and December were revised down by a total of 167,000. The private sector added 223,000 new jobs, the largest gain since May of last year.

Temporary help services employment continues a steep decline after a sharp post-pandemic rise.

Average hours of work increased from 34.2 to 34.3. The increase, along with the 223,000 private employment increase led to a hefty increase in total hours of 5.6% at an annualized rate, also the largest increase since May of last year.

The establishment report, once again, beat “expectations;” the WSJ survey of economists was 198,000. Other than the downward revisions, mentioned above, another bit of negative news was a smallish increase in wage growth, from $34.52 to $34.57.

The household survey shows that the labor force increased 150,000, a drop in employment of 184,000 and an increase in the number of unemployed persons of 334,000. The labor force participation rate held steady at 62.5, the employment to population ratio decreased from 60.2 to 60.1 and the unemployment rate increased from 3.66 to 3.86. Remember that the unemployment rate is the number of unemployed relative to the labor force (the number employed plus the number unemployed). Consequently, the unemployment rate can go up if the number of unemployed rises holding fixed the labor force, or if the labor force shrinks holding the number unemployed unchanged. An increase in the unemployment rate is not necessarily a bad thing: it may reflect a strong labor market drawing “marginally attached” individuals from outside the labor force. Indeed, there was a 96,000 decline in those workers.

Earlier in the week, the BLS announced JOLTS (Job Openings and Labor Turnover Survey) data for January. There isn’t much to report here as the job openings changed little at 8.9 million, the number of hires and total separations were little changed at 5.7 million and 5.3 million, respectively.

As has been the case for the last couple of years, the number of job openings remains higher than the number of unemployed persons.

Also earlier in the week the BLS announced that productivity increased 3.2% in the 4th quarter with output rising 3.5% and hours of work rising 0.3%.

The bottom line is that the labor market continues its surprisingly (to some) strong performance, once again proving stronger than many had expected. This strength makes it difficult to justify any interest rate cuts soon, particularly given the recent inflation spike.

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