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7 Trending Reddit Penny Stocks to Buy Now?

Which Reddit penny stocks are investors watching right now? Check these 7 out
The post Trending Reddit Penny Stocks to Buy Now? Take a Look At These 7 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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7 Penny Stocks on Reddit to Add to Your Watchlist

Finding the best penny stocks on Reddit can be a great way to stay ahead. But, just certain penny stocks are trending, does not mean that they are worth investing in. Rather, investors need to do the proper due diligence to understand what makes penny stocks move, and what will continue to do so. This will help to determine which companies could see bullish momentum, and which could do the opposite. [Read More] Penny Stocks & 5 Stats To Know If You’re Trading Or Investing In 2021 With hundreds of penny stocks to buy, using Reddit as a tool to narrow down your list can put you in an advantageous position. But, it’s worth noting that penny stocks on Reddit tend to be some of the most volatile stocks out there. This is due to both their trending nature and the high volume that can be associated. Considering all of this, here are seven trending Reddit penny stocks to add to your watchlist.

7 Reddit Penny Stocks to Watch Right Now

  1. Iterum Therapeutics PLC (NASDAQ: ITRM)
  2. Kosmos Energy Ltd. (NYSE: KOS)
  3. Camber Energy Inc. (NYSE: CEI)
  4. Zomedica Corp. (NYSE: ZOM)
  5. Hut 8 Mining Corp. (NASDAQ: HUT)
  6. Ideanomics Inc. (NASDAQ: IDEX)
  7. Enzolytics Inc. (OTC: ENZC)

Iterum Therapeutics PLC (NASDAQ: ITRM)

Despite some less than stellar momentum in the past few days, shares of ITRM stock are up by over 30% in the past six months. For some context, Iterum Therapeutics is a clinical-stage pharmaceutical company that develops anti-infective drugs. Specifically, ITRM is focused on fighting multidrug-resistant pathogens. These are in use for those suffering from life-threatening infections, with little to no other treatment options. Its lead product candidate right now is sulopenem, an anti-infective compound that works against anaerobic bacteria that is resistant to other antibiotics. Recently the FDA noted deficiencies that would prevent the labeling and post-marketing discussions surrounding sulopenem. This could be the main reason for the recent bearish sentiment surrounding ITRM stock.
“While we are disappointed by this news, we continue to believe in the potential of sulopenem to help address the growing challenge of antibiotic resistance. Our goal now is to work with the FDA to identify and resolve the issues as expeditiously as possible to continue advancing this much-needed antibiotic.” Corey Fishman, CEO of Iterum Therapeutics
So, while this news is slightly disheartening, it does look like ITRM could have potential in the long term. Whether this makes it worth adding to your watchlist, however, is up to you.
Penny_Stocks_to_Watch_Iterum

Kosmos Energy Ltd. (NYSE: KOS)

If you’re looking for an interesting energy penny stock to watch, Kosmos Energy Ltd. could be worth looking into. KOS is an independent oil and gas company that focuses on exploration along the Atlantic Margins. Key parts of its portfolio include production offshore Ghana, the U.S. Gulf of Mexico, and Equatorial Guinea. One of the aspects that separate KOS from similar companies is its foundational principles. These include its commitment to human rights, safety, and the environment which are all important things to consider when looking at an oil and gas business. In its second-quarter results, the company posted some interesting highlights worth checking out.
“Kosmos had a solid second quarter, generating positive cash flow which reduced net debt by around $100 million, driven by higher sales volumes, strong operational performance in Ghana and improving realized oil prices. We continue to see momentum build across our producing hubs with new wells drilled in Ghana and the U.S. Gulf of Mexico during the quarter and the arrival of the rig for development drilling in Equatorial Guinea.” Andrew G. Inglis, Chairman, and CEO of KOS
With the demand for energy increasing as economic reopening occurs, many are looking into companies like KOS stock. Considering this, will it be on your list of penny stocks to watch?
Penny_Stocks_to_Watch_Kosmos Energy Ltd. (KOS Stock Chart)

Camber Energy Inc. (NYSE: CEI)

Another energy penny stock to consider adding to your watchlist is Camber Energy. As a leader in the energy industry in North America, CEI is in an advantageous market position as of July 2021. It provides diversified energy and power solutions to its customers by leveraging its relationships and personal expertise. CEI’s Energy Division is focused on pursuing more sustainable and profitable alternatives to our current energy sources. This is an interesting prospect, especially when we consider the world’s push toward renewables right now. [Read More] Hot Penny Stocks to Buy on Robinhood Right Now? 7 Gainers to Watch Most of CEI’s assets are owned by its subsidiary Viking Energy Group, Inc. This company has a working interest in multiple oil and gas fields throughout Texas, Louisiana, and Mississippi. These fields include over 145 active oil and gas wells and hundreds of miles of 3D seismic data. With such a broad market and large resource holding, CEI looks like it could be an interesting position to take advantage of the current state of the energy industry.
Penny_Stocks_to_Watch_Camber Energy Inc. (CEI Stock Chart)

Zomedica Corp. (NYSE: ZOM)

With more companion animals being adopted during the pandemic than in many years prior, companies working in corresponding industries could continue to benefit. This is the case for Zomedica Corp, a company that specializes in veterinary health. ZOM’s focus is primarily on companion animal-aimed medical devices that work toward the unmet needs of clinical veterinarians. Its staple product, TRUFORMA, is a veterinary diagnostic platform that can both enhance and expedite common diagnostic processes. Its overall goal is to create medical devices that emphasize patient health and practice health. Recently, the CEO of the company announced his retirement. This could be an opportunity for new leadership to step in, and move the company in a different direction.
“With Zomedica healthy, TRUFORMA on the market and well-positioned for adoption and growth, more than $250 million in cash and cash equivalents, and a technology roadmap established, I have notified the Board of Directors that I intend to retire as CEO at the end of the calendar year. An extensive search has been initiated to find a highly qualified successor, at which time I will retire from the CEO position while retaining my seat on the Board of Directors.” Robert Cohen, CEO of Zomedica
This is an interesting update for the company, and one that could continue to play out in the coming months. Considering the solid balance sheet that ZOM has at the moment, it could be worth keeping an eye on.
Penny_Stocks_to_Watch_Zomedica Corp. (ZOM Stock Chart)

Hut 8 Mining Corp. (NASDAQ: HUT)

In 2021, the cryptocurrency industry has never been higher. Many companies have decided to get involved with crypto and blockchain-related tech, as a way to benefit from this burgeoning industry. Hut 8 Mining may be new to you, but the company is making big waves right now. It is known as North America’s largest digital asset miner, involved in crypto since 2018. HUT alone holds the most self-mined Bitcoin than any other internationally publicly-traded company, which is quite a large feat. Additionally, its business includes a multi-pronged strategy that consists of profitable digital asset mines, white-label high-performance computer hosting, and yield and income programs. While the crypto industry is still growing at a fast pace, there is plenty of opportunity for companies of all types. This includes those working on blockchain-related technology, as well as pure-play miners like HUT stock. It’s worth noting that because it is an extremely pure-play crypto company, HUT is subject to the same degree of volatility as crypto itself. So, if you’re not looking for large fluctuations, it may be best to stay away. However, if the opposite is true, HUT stock could be worth giving a first or second look.
Penny_Stocks_to_Watch_Hut 8 Mining Corp. (HUT Stock Chart)

Ideanomics Inc. (NASDAQ: IDEX)

Another penny stock to consider looking into during July is Ideanomics Inc. IDEX is a penny stock that we have discussed many times in the past few months. For those unfamiliar, it is focused on the integration of financial services and industry technology. Ideanomics has two distinct operations occurring simultaneously. This includes both financial services and alternative vehicle offerings. Both divisions, Ideanomics Mobility and Ideanomics Capital work together to provide leading technologies to both its international and domestic partners. Recently, one of IDEX’s subsidiaries, Solectrac named Mani Iyer as its new CEO. Solectrac is a producer of electric tractors, that IDEX aims to take to the next level. The new CEO, Iyer is predicted to better position the company for manufacturing and later distribution of its electric tractors. [Read More] Hot Robinhood Penny Stocks to Buy Right Now? 10 To Know About Alf Poor, the CEO of Ideanomics, noted, “As the world rapidly moves towards an electric-powered sustainable future, Solectrac is well-positioned for Mani to take the wheel and lead the team as they scale their operations and drive market share with truly inspiring product offerings.” The move into electric tractors could provide an interesting future for Ideanomics. Considering the large push toward renewable dependency over fossil fuels, this is a major deal to consider. So, with all of this in mind, is IDEX stock worth watching?
Penny_Stocks_to_Watch_Ideanomics Inc. (IDEX Stock Chart)

Enzolytics Inc. (OTC: ENZC)

Enzolytics is a biotech penny stock that has made several substantial intraday moves in the past few weeks. Since January, shares of ENZC have shot up by over 190% which is definitely worth noting. For some context, Enzolytics is based out of Texas and is specifically focused on therapeutics for infectious diseases. This includes HIV-1, Hepatitis A, B, and C, Influenza A and B, Rabies, Tetanus, and Diphtheria. These are some of the most common diseases affecting the world right now. For this reason, it looks like ENZC has a solid market size that it could continue to capture in the near future. Right now, ENZC has several patented anti-HIV therapeutics that use human monoclonal antibodies for treatment. These antibodies can neutralize the virus and are considered a non-toxic passive immunotherapy. Its commitment to develop and distribute its proprietary proteins and monoclonal antibodies could be a large contributor to many ailments outside of just HIV which is one of the reasons that this is a big deal. Considering its role in the biotech industry, will ENZC be on your list of penny stocks to watch?
Penny_Stocks_to_Watch_Enzolytics Inc. (ENZC Stock Chart)

Will Penny Stocks Continue to See Momentum in 2021?

While 2021 got off to a great start for both penny stocks and the stock market as a whole, it has been quite up and down since then. However, with vaccine rates high, and hopes for the future reaching new highs, many investors are excited about the coming months. [Read More] 8 Reddit Penny Stocks to Watch With Meme Stocks on the Rise It may take some time for things to calm as the Delta variant poses a small threat, however, in the meantime we are seeing glimpses of bullish market sentiment. Considering all of this, do you think that penny stocks will continue to see momentum in 2021? The post Trending Reddit Penny Stocks to Buy Now? Take a Look At These 7 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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