Connect with us

International

Are Penny Stocks on Your Watchlist? If So, Check These 3 Out

Are you making a penny stocks watchlist for next month? Check these three out for your list
The post Are Penny Stocks on Your Watchlist? If So, Check These 3 Out appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Published

on

3 Penny Stocks For Your October 2021 Watchlist 

With October right around the corner, those who invest in penny stocks are working to get ahead. One of the best ways to do so is to create a watchlist that aligns with the current state of the market. And in 2021, there are plenty of factors to keep you on your toes. The most obvious of these right now is Covid. While cases are declining in many areas around the world, the pandemic is still top of mind for investors. 

[Read More] Do These Penny Stocks Deserve a Place On Your Watchlist?

This means that it is still creating panic and major uncertainty in the market which is illustrated by the high volatility we are witnessing. While this week got off to a less than stellar start, we have seen bullish sentiment begin to resume in the stock market. And as a result, there are plenty of penny stocks that could be worth keeping an eye on. Of course, research will always be your best friend in the stock market. 

However, investors should carefully watch for any speculative events or news that can come into play. Because penny stocks are highly speculative, small or large events can trigger major movements in value. Considering all of this, let’s take a look at three penny stocks to watch in October 2021. 

3 Penny Stocks to Watch in October 2021 

  1. Meten Holding Group Ltd. (NASDAQ: METX
  2. NexGen Energy Ltd. (NYSE: NXE
  3. Regis Corporation (NYSE: RGS

Meten Holding Group Ltd. (NASDAQ: METX)

Meten Holding Group Ltd. is a penny stock that we have been discussing frequently due to its sizable movements in the past few days. Despite a 40% drop in value in the last month, it looks like shares of METX are beginning to see bullish sentiment. You may have heard us talk about this company as Meten EdtechX Education Group Ltd., however, the company changed its name last month. This is a company that provides English language training services in China. Its adult and junior ELT services are offered under the Meten, ABC, and Likeshuo brand names.

On September 7th, the company closed a $60 million underwritten public offering of ordinary shares. It also completed pre-funded warrants to purchase ordinary shares. This offering included 22,500,000 of its ordinary shares at a price of $0.30 per share. Also included in this offering were 177,500,000 pre-funded warrants. Meten plans to use the net proceeds for capital expenditures and general corporate and working capital needs. Aegis Capital Corp. was the sole book-running manager for this offering. It will be interesting to see what specifically Meten uses this new capital for. 

While its drop in value as a result of new Chinese legislation is disheartening, many Chinese education stocks have begun to bounce back. Noting this information, will METX stock make your penny stocks watchlist next month?

NexGen Energy Ltd. (NYSE: NXE)

NexGen Energy Ltd. is an energy penny stock that has made some major strides in value in the past year. Over the last six months, shares of NXE stock have climbed by over 37%. In the past YTD and twelve-month periods, those numbers jump up to over 80% and almost 200% respectively. For some context, NexGen Energy is a uranium exploration and development stage company based in Canada. The company acquires, explores, and evaluates various uranium properties. Its main asset is the Rook I project which has 32 contiguous mineral claims that total 35,065 hectares of land.

[Read More] Top Penny Stocks To Buy The Dip According To Analysts In September

In July, the company announced the commencement of its 2021 field and regional exploration drilling programs at the Rook I property. This property hosts various electromagnetic conductors and structural corridors that have yet to be explored. The reason that they have not been explored is due to NexGen’s focus on developing the Arrow Deposit. The company believes that all of the new target areas show similar geophysical characteristics to Arrow.

“Recommencement of field activities incorporating regional exploration whilst simultaneously advancing the Rook I Project through final engineering and permitting is an exciting time for NexGen.”

CEO of NexGen, Leigh Curyer

Since this update was released, NXE stock has gone up in market value significantly. And, over the past few weeks, the average trading volume for NXE stock has shot up dramatically. Keeping this in mind, will NXE be on your list of penny stocks to watch next month?

Penny_Stocks_to_Watch_NexGen_Energy_Ltd._(NXE_Stock_Chart)

Regis Corporation (NYSE: RGS)

In a similar case to METX, shares of RGS have not had the best year. With 44% in losses in the last month and an almost 57% drop over the YTD period, it’s tough to see why RGS stock could be worth it. However, in the past few weeks, we’ve seen bouts of bullish sentiment come in and out of RGS stock. This includes its almost 4% gain on September 22nd, and its 3.3% premarket gain on September 23rd.

If you’re unfamiliar, this company owns, operates, and franchises hair salons in various countries. You have likely heard of the brands that Regis Corporation operates its salons under. Some of these brands include Supercuts, Cost Cutters, First Choice Haircutters, and SmartStyle among others. As of June 30, 2021, the company operated 5,917 salons in total.

On August 25th, the company reported its fourth-quarter and full-year results for 2021. In addition, Regis announced the completion of its transformational phase and continued progress on its key foundational initiatives. Regis’ nominal sales continued to improve during this time period, and its system-wide sales during this period rose 4.2% year over year. It’s clear that Regis has been and still is being affected by the pandemic. But, with higher vaccine rates, more people could begin to go out and resume their hair care routines. For this reason, many put RGS stock into the reopening penny stocks category. 

President and CEO of Regis, Felipe Athayde said, “While we are still feeling the effects of the pandemic, Regis is well-positioned heading into fiscal year 2022 due to our achievements during a time of unprecedented challenges in fiscal year 2021.”

In the past few days, volume for RGS stock has been much higher than its market average. This could indicate the heightened popularity that the company is seeing right now. Considering all of this, is RGS going to make your list of penny stocks to watch this week?

Penny_Stocks_to_Watch_Regis_Corporation_(RGS_Stock_Chart)

Are Penny Stocks on Your October Watchlist?

If you’re making a penny stocks watchlist for October, there are plenty of things to consider. With economic inflation, Covid, and geopolitical ups and downs all affecting the market, there’s no doubting that volatility is high.

[Read More] High Volume Penny Stocks to Buy Now? Take a Look At These 3

But, with great price movements comes a great chance of making money with penny stocks. However, knowing how to do so depends on your level of trading expertise and your commitment to finding all the information you can. Considering all of this, are penny stocks on your October watchlist?

The post Are Penny Stocks on Your Watchlist? If So, Check These 3 Out appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Read More

Continue Reading

International

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.

Read More

Continue Reading

International

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.

Published

on

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.”

More Travel:

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

Read More

Continue Reading

International

As the pandemic turns four, here’s what we need to do for a healthier future

On the fourth anniversary of the pandemic, a public health researcher offers four principles for a healthier future.

Published

on

John Gomez/Shutterstock

Anniversaries are usually festive occasions, marked by celebration and joy. But there’ll be no popping of corks for this one.

March 11 2024 marks four years since the World Health Organization (WHO) declared COVID-19 a pandemic.

Although no longer officially a public health emergency of international concern, the pandemic is still with us, and the virus is still causing serious harm.

Here are three priorities – three Cs – for a healthier future.

Clear guidance

Over the past four years, one of the biggest challenges people faced when trying to follow COVID rules was understanding them.

From a behavioural science perspective, one of the major themes of the last four years has been whether guidance was clear enough or whether people were receiving too many different and confusing messages – something colleagues and I called “alert fatigue”.

With colleagues, I conducted an evidence review of communication during COVID and found that the lack of clarity, as well as a lack of trust in those setting rules, were key barriers to adherence to measures like social distancing.

In future, whether it’s another COVID wave, or another virus or public health emergency, clear communication by trustworthy messengers is going to be key.

Combat complacency

As Maria van Kerkove, COVID technical lead for WHO, puts it there is no acceptable level of death from COVID. COVID complacency is setting in as we have moved out of the emergency phase of the pandemic. But is still much work to be done.

First, we still need to understand this virus better. Four years is not a long time to understand the longer-term effects of COVID. For example, evidence on how the virus affects the brain and cognitive functioning is in its infancy.

The extent, severity and possible treatment of long COVID is another priority that must not be forgotten – not least because it is still causing a lot of long-term sickness and absence.

Culture change

During the pandemic’s first few years, there was a question over how many of our new habits, from elbow bumping (remember that?) to remote working, were here to stay.

Turns out old habits die hard – and in most cases that’s not a bad thing – after all handshaking and hugging can be good for our health.

But there is some pandemic behaviour we could have kept, under certain conditions. I’m pretty sure most people don’t wear masks when they have respiratory symptoms, even though some health authorities, such as the NHS, recommend it.

Masks could still be thought of like umbrellas: we keep one handy for when we need it, for example, when visiting vulnerable people, especially during times when there’s a spike in COVID.

If masks hadn’t been so politicised as a symbol of conformity and oppression so early in the pandemic, then we might arguably have seen people in more countries adopting the behaviour in parts of east Asia, where people continue to wear masks or face coverings when they are sick to avoid spreading it to others.

Although the pandemic led to the growth of remote or hybrid working, presenteeism – going to work when sick – is still a major issue.

Encouraging parents to send children to school when they are unwell is unlikely to help public health, or attendance for that matter. For instance, although one child might recover quickly from a given virus, other children who might catch it from them might be ill for days.

Similarly, a culture of presenteeism that pressures workers to come in when ill is likely to backfire later on, helping infectious disease spread in workplaces.

At the most fundamental level, we need to do more to create a culture of equality. Some groups, especially the most economically deprived, fared much worse than others during the pandemic. Health inequalities have widened as a result. With ongoing pandemic impacts, for example, long COVID rates, also disproportionately affecting those from disadvantaged groups, health inequalities are likely to persist without significant action to address them.

Vaccine inequity is still a problem globally. At a national level, in some wealthier countries like the UK, those from more deprived backgrounds are going to be less able to afford private vaccines.

We may be out of the emergency phase of COVID, but the pandemic is not yet over. As we reflect on the past four years, working to provide clearer public health communication, avoiding COVID complacency and reducing health inequalities are all things that can help prepare for any future waves or, indeed, pandemics.

Simon Nicholas Williams has received funding from Senedd Cymru, Public Health Wales and the Wales Covid Evidence Centre for research on COVID-19, and has consulted for the World Health Organization. However, this article reflects the views of the author only, in his academic capacity at Swansea University, and no funding or organizational bodies were involved in the writing or content of this article.

Read More

Continue Reading

Trending