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Best Penny Stocks To Buy? 4 Biotech Stocks To Watch Right Now

Biotech penny stocks to watch right now.
The post Best Penny Stocks To Buy? 4 Biotech Stocks To Watch Right Now appeared first on Penny Stocks to Buy,…



Given the breakdown in the stock market this year, some of the “cutting edge” industries have taken it on the chin. But few have dropped as much as biotech has in 2022. But, as with most growth stocks, the latest bull market trend has given a nice boost to some of these names, and penny stocks are in focus. Whether it’s developing novel treatments for cancer or bringing commercializing nutraceutical products, the reach within this niche is broad. With that, it’s essential to know how to identify the right trends at the correct times, and I’ll explain what I mean in this article.

Biotech Penny Stocks To Watch

How To Find The Best Penny Stocks To Buy Now

If you’ve identified a broad sector trend like biotech, the next step is putting together your watch list. Penny stocks are known for wild volatility and propensity to move in sympathy with other companies. For example, if a handful of cancer stocks are experiencing explosive gains, then retail traders may seek out companies using the same type of therapy.

Similarly, if the more significant trend involves low float biotech penny stocks, it may be worth looking at companies with smaller market caps and lower floats. Today, we look at the bigger picture in biotech and several penny stocks trading higher as the market attempts to rebound.

Kiora Pharmaceuticals (NASDAQ: KPRX)

Shares of KPRX stock shot up during the lunch hour on March 17th. Kiora Pharmaceuticals hit scanners after a surge of unusual volume triggered a mid-day move, seemingly without notice or any clear news headline. Kiora is a low float biotech penny stock, and the company specializes in treatments for ophthalmic diseases.

You might remember the company from earlier in the month when we discussed it after a new series of analysts weighed in on the company. In particular, Maxim Group initiated coverage on KPRX stock this quarter with a Buy rating. It also set a price target of $2.50. Since there weren’t any headlines prompting the move, a deeper look at a potential catalyst was warranted, and come to find out, KPRX stock may have jumped concerning new FDA findings.

A quick look at the FDA’s website shows that Kiora sponsored an Orpha Designation for Benzyl ethyl aminoazobenzene quaternary ammonium in the treatment of Retinitis Pigmentosa. On the form (below), you’ll see that “Orphan Designation Status” shows as “Designated” and is accompanied by today’s date (March 17th).

Ra Medical Systems (NYSE: RMED)

Since late February, Ra Medical Systems has been one of the top biotech penny stocks to watch, still trading below $1. Believe it or not, RMED stock has now managed to bounce back by more than 50%. The company develops vascular disease lasers and has been in focus after reports its approval from the FDA. This related to expanded enrollment from 100 to 125 subjects in its DABRA excimer laser system trial. It’s under evaluation as an atherectomy device in peripheral arterial disease.

In addition to this, upcoming catalysts could have also come into consideration. Specifically, next week marks when Ra releases its Q4 and full-year financials for 2021. Investors may look to see how the company has progressed, given in its previous quarterly update. In its Q3 report, management explained, “we advanced our engineering efforts to develop more robust, deliverable DABRA catheters, and we continue to expect to submit an application to the FDA next quarter seeking regulatory clearance for the first next-gen catheter…I continue to be excited about our research work showing the DABRA laser system can be utilized to create shockwaves of sufficient magnitude to fracture calcium in arteries, commonly referred to as intravascular lithotripsy, which we believe represents a potential to create significant shareholder value.”

Given the upcoming results (March 23rd), RMED stock could be one to watch right now.

Humanigen Inc. (NASDAQ: HGEN)

best penny stocks to buy right now Humanigen HGEN stock

Like Ra, Humanigen has slowly but steadily bounced back from its earlier lows. The company’s specialty is treating “cytokine storm,” which is a frequent side effect of different immunotherapy treatments. The most recent focus of the market has been on the company’s lenzilumab (LENZ) treatment platform. Humanigen is developing it to address unmet needs in COVID patients. The company recently highlighted the milestones reached in its year-end update earlier this quarter.

Humanigen finished a phase 3 study of LENZ in COVID-19, LIVE-AIR, and published positive results from the study in The Lancet Respiratory Medicine journal. “We look forward to the announcement of the topline data from a second Phase 2/3 study of lenzilumab in COVID-19, the ACTIV-5/BET-B study conducted by the National Institutes of Health, in late Q1 or early Q2,” explained CEO Cameron Durrant in that update.

March has also become an active month for insiders. From the second through the 11th, management, including Humanigen’s CEO, CCO, CMO, and CSO, all purchased shares of HGEN stock. Average prices ranged between $2.32 and $3, with Humanigen’s CSO making the most notable purchase at 1 million shares.

Bone Biologics Corp. (NASDAQ: BBLG)

best penny stocks to buy Bone Biologics Corp BBLG stock

Finally, Bone Biologics joins this list of penny stocks as the lowest volume name of the bunch. However, Thursday’s uptick in price has placed it on the radar of some traders. As another low float penny stock, it hasn’t needed much volume to see significant momentum in the stock market today. With fewer than 1 million shares traded as of this article, BBLG stock is up over 20%. The company develops products for spine fusion. In particular, it is working on a bone graft substitute product.

Earlier this month, the company signed a supply agreement with MTF Biologics to provide material for a planned 30-patient pilot study. Commenting on the deal, Jeff Frelick, chief executive officer, explained that “This DBM supply agreement is an important milestone that allows us to advance rhNELL-1 for the $3 billion spine fusion market, with the goal of developing a product with compelling features and benefits versus existing commercial products.”

Thanks to more attention on both low float and biotech penny stocks, BBLG could be one to watch.

Best Penny Stocks To Watch Right Now

Ultimately the choice is yours whether or not stocks like these become part of your watch list. Emerging trends among retail traders have focused on industries including biotechnology this week. Furthermore, the low float trend remains a go-to for those looking to take advantage of high volatility. When it comes to finding the best penny stocks to buy, make sure you’ve got a good grasp on trading basics and know how to navigate these market trends properly.

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The post Best Penny Stocks To Buy? 4 Biotech Stocks To Watch Right Now appeared first on Penny Stocks to Buy, Picks, News and Information |

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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…



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…



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.


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…



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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