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Best Penny Stocks to Buy Under $4? 4 For Your Watchlist Right Now

Why these 4 under $4 penny stocks could be worth keeping an eye on
The post Best Penny Stocks to Buy Under $4? 4 For Your Watchlist Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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4 Penny Stocks Under $4 to Watch in October 2021 

With October already showing itself to be a strong month for penny stocks, there are plenty of options for investors to take a look at. Ahead of the market open on October 15th, the Dow Jones Industrial Average gained around 220 points, with other large indexes adding similar gains. 

In September, retail sales beat out expectations, pushing up by over 0.7%. This beat analyst expectations by over 0.5%. On Thursday, October 14th, the S&P 500 had its best day since early March, shooting up by around 1.7%. 

[Read More] Hot Penny Stocks to Watch As We Turn the Corner on October

“The banks painted a strong and healthy picture of the U.S. Consumer. Wall Street can’t turn negative on the economy after seeing reserve releases, moderating trading revenue, mixed loan growth, and a consumer willing to take on debt.” 

Edward Moya, the Senior Analyst at Oanda

All of this shows that we could be headed toward a much brighter economy in the coming months. But, with Covid still hanging around, there is a large degree of uncertainty in the stock market. Considering all of this, let’s take a look at four penny stocks to watch that are under $4 right now. 

4 Under $4 Penny Stocks to Add to Your Watchlist 

  1. Progenity Inc. (NASDAQ: PROG) 
  2. Cemtrex Inc. (NASDAQ: CETX) 
  3. Ocean Power Technologies Inc. (NYSE: OPTT) 
  4. The Metals Company (NASDAQ: TMC) 

Progenity Inc. (NASDAQ: PROG)

Progenity Inc. is a biotech penny stock that has climbed by a staggering 52% in the past five days and over 115% in the past month. While gains like this do happen with penny stocks, they are always exciting to see. If you’re unfamiliar, Progenity is a company that develops and commercializes molecular testing products. One of its offerings is Innatal, which is for women early in pregnancy to screen for chromosome abnormalities. It also offers Preparent which screens for hereditary cancer in pregnant women. And more recently, the company has begun offering COVID-19 PCR testing as well.

[Read More] Do These Penny Stocks Present a Buying Opportunity At Current Levels?

On October 13th, Progenity announced several patents were granted by the United States Patent and Trademark Office. The USPTO issued four patents related to its ingestible technologies for the delivery of therapeutics via the GI tract. Now Progenity’s patent portfolio consists of 96 patent families, including 180 issued and 220 pending applications. This is a big deal and adds to its large bank of intellectual property. 

“We believe we hold one of the most robust ingestible device patent portfolios. The addition of these recent patents further strengthens our intellectual property position and underscores our commitment to innovation in advancing therapeutic discovery, development, and delivery.”

The interim CEO of Progenity, Eric d’Esparbes

On October 14th, Progenity’s volume was much higher than its average in the market. And, considering its recent gains, we see that PROG stock is trending heavily right now. With this in mind, will you add PROG to your list of penny stocks to watch?

Cemtrex Inc. (NASDAQ: CETX)

Cemtrex Inc. is a penny stock that climbed by over 17% in the last five days. Again, CETX is a trending penny stock right now which is similar to PROG. This company offers tech devices such as Internet of Things products and smart devices. The company also offers browser-based video monitoring systems and analytics-based recognition systems. Additionally, it is engaged in analytics-based cameras, servers, and access control systems.

On October 12th, the company provided an update on its business operations. It announced that its demand has improved as the economy has reopened over the last few months. Its businesses are now returning to their pre-pandemic operations. Because of this, the company is investing more in sales and marketing staff to increase its R&D and drive innovation. It expects its investments to drive top-line growth over the next few years.

“Looking ahead we are highly committed on executing our development roadmap of next-generation high tech products in IoT, AR & VR, as well as in Artificial Intelligence and Machine Vision for security applications.

Our positive outlook for 2022 is driven by a focus on innovation and product development, and by the achievements of our operating brands. We expect an improvement in our business as the pandemic recedes and with our operational investments are well-positioned for long term growth.”

The CEO of Cemtrex, Saagar Govil

Since this announcement was made, CETX stock has skyrocketed in the market. The company’s volume is at 58 million compared to an average of 600,000. Noting this info, will CETX make your list of penny stocks to watch?

Penny_Stocks_to_Watch_Cemtrex_Inc._(CETX_Stock_Chart)

Ocean Power Technologies Inc. (NYSE: OPTT)

Ocean Power Technologies Inc. is another solid gainer of the past few weeks. Over the last month, shares of OPTT stock have shot up by over 12%. For some context, OPTT is an industrial company that offers various proprietary systems for generating electricity using ocean waves. The company is involved in the development and commercialization of these products. Its PB3 PowerBuoy system is used for use independent of the power grid in remote offshore locations.

[Read More] 4 Hot OTC Penny Stocks To Watch For October 2021

On September 13th, the company announced its fiscal 2022 results. Quarter over quarter, the company reported revenue of $0.3 million compared to $0.2 million. Ocean Power Technologies also announced a lower net loss during this period. This was attributable to a $0.9 million gain on the extinguishment of its PPP loan after the SBA granted its forgiveness and an income tax benefit of $1 million.

“We made great progress during the quarter as we continue our strategic transformation from a research and development product-based company to a data and power services’ and solutions’ provider.”

President and CEO of OPTT, Philipp Stratmann

On October 14th, OPTT stock went up by about 0.5% in the market. The company’s volume is also much higher than its market average. With this in mind, will OPTT be on your penny stocks watchlist?

Penny_Stocks_to_Watch_Ocean_Power_Technologies_Inc_OPTT_Stock_Chart

The Metals Company (NASDAQ: TMC)

Electric vehicles have quickly taken a leading position in the stock market this year. With a push toward a “renewable energy future,” everything relating to green, clean, and alternative energy has gained interest. In addition, the broader focus surrounding ESG investing – Environmental, Social, Governance – has also worked its way into the portfolio strategies for some of Wall Street’s top investment firms.

The Metals Company develops low-impact battery metals. Unlike typical recycling companies or mining companies, TMC obtains its raw materials from seafloor polymetallic nodules. Over the last few weeks, the company has begun work testing pilot demonstrations to determine TMC’s path toward a full-scale production plant for battery metals deemed “most critical” to the US by the Biden Administration. These include things like nickel and cobalt.

Another driver of sentiment for TMC has been insider activity. Earlier this month, Form 4s filed show that Director Andrej Karkar and CEO Gerard Barron picked up more shares in company stock. Barron’s 34,000 shares were bought at an average price of $4.41 totaling nearly $150,000. Meanwhile, Karkar’s purchase was considerably larger and to the tune of 2,250,110 at a $4.4442 average – roughly $10 million. With this has come a surge of October momentum.

Penny_Stocks_to_Watch_The Metals Company (TMC Stock Chart)

Which Penny Stocks Are on Your Buy List Right Now?

While we still have half of the month left in October, there is plenty of bullish sentiment to go around. This is marked by large intraday gains, better than expected economic numbers, and dropping Covid cases.

[Read More] Best Penny Stocks to Buy Right Now? Here’s 3 For Your Watchlist in October

So, if we consider all of this, we see that investors may feel confident in the future of the stock market. However, we are still in a small period of economic recovery. Considering this, which penny stocks are on your buy list right now?

The post Best Penny Stocks to Buy Under $4? 4 For Your Watchlist Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Health Officials: Man Dies From Bubonic Plague In New Mexico

Health Officials: Man Dies From Bubonic Plague In New Mexico

Authored by Jack Phillips via The Epoch Times (emphasis ours),

Officials in…

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1 hour ago

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March 13, 2024

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Health Officials: Man Dies From Bubonic Plague In New Mexico

Authored by Jack Phillips via The Epoch Times (emphasis ours),

Officials in New Mexico confirmed that a resident died from the plague in the United States’ first fatal case in several years.

A bubonic plague smear, prepared from a lymph removed from an adenopathic lymph node, or bubo, of a plague patient, demonstrates the presence of the Yersinia pestis bacteria that causes the plague in this undated photo. (Centers for Disease Control and Prevention/Getty Images)

The New Mexico Department of Health, in a statement, said that a man in Lincoln County “succumbed to the plague.” The man, who was not identified, was hospitalized before his death, officials said.

They further noted that it is the first human case of plague in New Mexico since 2021 and also the first death since 2020, according to the statement. No other details were provided, including how the disease spread to the man.

The agency is now doing outreach in Lincoln County, while “an environmental assessment will also be conducted in the community to look for ongoing risk,” the statement continued.

“This tragic incident serves as a clear reminder of the threat posed by this ancient disease and emphasizes the need for heightened community awareness and proactive measures to prevent its spread,” the agency said.

A bacterial disease that spreads via rodents, it is generally spread to people through the bites of infected fleas. The plague, known as the black death or the bubonic plague, can spread by contact with infected animals such as rodents, pets, or wildlife.

The New Mexico Health Department statement said that pets such as dogs and cats that roam and hunt can bring infected fleas back into homes and put residents at risk.

Officials warned people in the area to “avoid sick or dead rodents and rabbits, and their nests and burrows” and to “prevent pets from roaming and hunting.”

“Talk to your veterinarian about using an appropriate flea control product on your pets as not all products are safe for cats, dogs or your children” and “have sick pets examined promptly by a veterinarian,” it added.

“See your doctor about any unexplained illness involving a sudden and severe fever, the statement continued, adding that locals should clean areas around their home that could house rodents like wood piles, junk piles, old vehicles, and brush piles.

The plague, which is spread by the bacteria Yersinia pestis, famously caused the deaths of an estimated hundreds of millions of Europeans in the 14th and 15th centuries following the Mongol invasions. In that pandemic, the bacteria spread via fleas on black rats, which historians say was not known by the people at the time.

Other outbreaks of the plague, such as the Plague of Justinian in the 6th century, are also believed to have killed about one-fifth of the population of the Byzantine Empire, according to historical records and accounts. In 2013, researchers said the Justinian plague was also caused by the Yersinia pestis bacteria.

But in the United States, it is considered a rare disease and usually occurs only in several countries worldwide. Generally, according to the Mayo Clinic, the bacteria affects only a few people in U.S. rural areas in Western states.

Recent cases have occurred mainly in Africa, Asia, and Latin America. Countries with frequent plague cases include Madagascar, the Democratic Republic of Congo, and Peru, the clinic says. There were multiple cases of plague reported in Inner Mongolia, China, in recent years, too.

Symptoms

Symptoms of a bubonic plague infection include headache, chills, fever, and weakness. Health officials say it can usually cause a painful swelling of lymph nodes in the groin, armpit, or neck areas. The swelling usually occurs within about two to eight days.

The disease can generally be treated with antibiotics, but it is usually deadly when not treated, the Mayo Clinic website says.

“Plague is considered a potential bioweapon. The U.S. government has plans and treatments in place if the disease is used as a weapon,” the website also says.

According to data from the U.S. Centers for Disease Control and Prevention, the last time that plague deaths were reported in the United States was in 2020 when two people died.

Tyler Durden Wed, 03/13/2024 - 21:40

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I created a ‘cosy game’ – and learned how they can change players’ lives

Cosy, personal games, as I discovered, can change the lives of the people who make them and those who play them.

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11 hours ago

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March 13, 2024

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Cosy games exploded in popularity during the pandemic. Takoyaki Tech/Shutterstock

The COVID pandemic transformed our lives in ways many of us are still experiencing, four years later. One of these changes was the significant uptake in gaming as a hobby, chief among them being “cosy games” like Animal Crossing: New Horizons (2020).

Players sought comfort in these wholesome virtual worlds, many of which allowed them to socialise from the safety of their homes. Cosy games, with their comforting atmospheres, absence of winning or losing, simple gameplay, and often heartwarming storylines provided a perfect entry point for a new hobby. They also offered predictability and certainty at a time when there wasn’t much to go around.

Cosy games are often made by small, independent developers. “Indie games” have long been evangelised as the purest form of game development – something anyone can do, given enough perseverance. This means they can provide an entry point for creators who hadn’t made games before, but were nevertheless interested in it, enabling a new array of diverse voices and stories to be heard.

In May 2020, near the start of the pandemic, the small poetry game A Solitary Spacecraft, which was about its developer’s experience of their first few months in lockdown, was lauded as particularly poignant. Such games showcase a potential angle for effective cosy game development: a personal one.

Personal themes are often explored through cosy games. For instance, Chicory and Venba (both released in 2023) tackle difficult topics like depression and immigration, despite their gorgeous aesthetics. This showcases the diversity of experiences on display within the medium.

However, as the world emerges from the pandemic’s shadow, the games industry is facing significant challenges. Economic downturns and acquisitions have caused large layoffs across the sector.

Historically, restructurings like these, or discontent with working conditions, have led talented laid-off developers to create their own companies and explore indie development. In the wake of the pandemic and the cosy game boom, these developers may have more personal stories to tell.

Making my own cosy game

I developed my own cosy and personal game during the pandemic and quickly discovered that creating these games in a post-lockdown landscape is no mean feat.

What We Take With Us (2023) merges reality and gameplay across various digital formats: a website, a Discord server that housed an online alternate reality game and a physical escape room. I created the game during the pandemic as a way to reflect on my journey through it, told through the videos of game character Ana Kirlitz.

The trailer for my game, What We Take With Us.

Players would follow in Ana’s footsteps by completing a series of ten tasks in their real-world space, all centred on improving wellbeing – something I and many others desperately needed during the pandemic.

But creating What We Take With Us was far from straightforward. There were pandemic hurdles like creating a physical space for an escape room amid social distancing guidelines. And, of course, the emotional difficulties of wrestling with my pandemic journey through the game’s narrative.

The release fared poorly, and the game only garnered a small player base – a problem emblematic of the modern games industry.

These struggles were starkly contrasted by the feedback I received from players who played the game, however.

This is a crucial lesson for indie developers: the creator’s journey and the player’s experience are often worlds apart. Cosy, personal games, as I discovered, can change the lives of those who play them, no matter how few they reach. They can fundamentally change the way we think about games, allow us to reconnect with old friends, or even inspire us to change careers – all real player stories.

Lessons in cosy game development

I learned so much about how cosy game development can be made more sustainable for creators navigating the precarious post-lockdown landscape. This is my advice for other creators.

First, collaboration is key. Even though many cosy or personal games (like Stardew Valley) are made by solo creators, having a team can help share the often emotional load. Making games can be taxing, so practising self-care and establishing team-wide support protocols is crucial. Share your successes and failures with other developers and players. Fostering a supportive community is key to success in the indie game landscape.

Second, remember that your game, however personal, is a product – not a reflection of you or your team. Making this distinction will help you manage expectations and cope with feedback.

Third, while deeply considering your audience may seem antithetical to personal projects, your game will ultimately be played by others. Understanding them will help you make better games.

The pandemic reignited the interest in cosy games, but subsequent industry-wide troubles may change games, and the way we make them, forever. Understanding how we make game creation more sustainable in a post-lockdown, post-layoff world is critical for developers and players alike.

For developers, it’s a reminder that their stories, no matter how harrowing, can still meaningfully connect with people. For players, it’s an invitation to embrace the potential for games to tell such stories, fostering empathy and understanding in a world that greatly needs it.

Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

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

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KIMM finds solution to medical waste problem, which has become a major national issue

A medical waste treatment system, which is capable of 99.9999 percent sterilization by using high-temperature and high-pressure steam, has been developed…

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14 hours ago

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March 13, 2024

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A medical waste treatment system, which is capable of 99.9999 percent sterilization by using high-temperature and high-pressure steam, has been developed for the first time in the country.

Credit: Korea Institute of Machinery and Materials (KIMM)

A medical waste treatment system, which is capable of 99.9999 percent sterilization by using high-temperature and high-pressure steam, has been developed for the first time in the country.

The Korea Institute of Machinery and Materials (President Seog-Hyeon Ryu, hereinafter referred to as KIMM), an institute under the jurisdiction of the Ministry of Science and ICT, has succeeded in developing an on-site-disposal type medical waste sterilization system that can help to resolve the problem caused by medical waste, which has become a national and social issue as the volume of medical waste continues to increase every year. This project was launched as a basic business support program of the KIMM and was expanded into a demonstration project of Daejeon Metropolitan City. Then, in collaboration with VITALS Co., Ltd., a technology transfer corporation, the medical waste treatment system was developed as a finished product capable of processing more than 100 kilograms of medical waste per hour, and was demonstrated at the Chungnam National University Hospital.

Moreover, the installation and use of this product have been approved by the Geumgang Basin Environmental Office of the Ministry of Environment. All certification-related work for the installation and operation of this product at the Chungnam National University Hospital has been completed, including the passage of an installation test for efficiency and stability conducted by the Korea Testing Laboratory.

Through collaboration with VITALS Co., Ltd., a corporation specializing in inhalation toxicity systems, the research team led by Principal Researcher Bangwoo Han of the Department of Urban Environment Research of the KIMM’s Eco-Friendly Energy Research Division developed a high-temperature, high-pressure steam sterilization-type medical waste treatment system by using a high-temperature antimicrobial technology capable of processing biologically hazardous substances such as virus and bacteria with high efficiency. After pulverizing medical waste into small pieces so that high-temperature steam can penetrate deep into the interior of the medical waste, steam was then compressed in order to raise the boiling point of the saturated steam to over 100 degrees Celsius, thereby further improving the sterilization effect of the steam.

Meanwhile, in the case of the high-pressure steam sterilization method, it is vitally important to allow the airtight, high-temperature and high-pressure steam to penetrate deep into the medical waste. Therefore, the research team aimed to improve the sterilization effect of medical waste by increasing the contact efficiency between the pulverized medical waste and the aerosolized steam.

By using this technology, the research team succeeded in processing medical waste at a temperature of 138 degrees Celsius for 10 minutes or at 145 degrees Celsius for more than five (5) minutes, which is the world’s highest level. By doing so, the research team achieved a sterilization performance of 99.9999 percent targeting biological indicator bacteria at five (5) different locations within the sterilization chamber. This technology received certification as an NET (New Excellent Technology) in 2023.

Until now, medical waste has been sterilized by heating the exposed moisture using microwaves. However, this method requires caution because workers are likely to be exposed to electromagnetic waves and the entrance of foreign substances such as metals may lead to accidents.

In Korea, medical waste is mostly processed at exclusive medical waste incinerators and must be discharged in strict isolation from general waste. Hence, professional efforts are required to prevent the risk of infection during the transportation and incineration of medical waste, which requires a loss of cost and manpower.

If medical waste is processed directly at hospitals and converted into general waste by applying the newly developed technology, this can help to eliminate the risk of infection during the loading and transportation processes and significantly reduce waste disposal costs. By processing 30 percent of medical waste generated annually, hospitals can save costs worth KRW 71.8 billion. Moreover, it can significantly contribute to the ESG (environmental, social, and governance) management of hospitals by reducing the amount of incinerated waste and shortening the transportation distance of medical waste.

[*Allbaro System (statistical data from 2021): Unit cost of treatment for each type of waste for the calculation of performance guarantee insurance money for abandoned wastes (Ministry of Environment Public Notification No. 2021-259, amended on December 3, 2021). Amount of medical waste generated on an annual basis: 217,915 tons; Medical waste: KRW 1,397 per ton; General waste from business sites subject to incineration: KRW 299 per ton]

As the size and structure of the installation space varies for each hospital, installing a standardized commercial equipment can be a challenge. However, during the demonstration process at the Chungnam National University Hospital, the new system was developed in a way that allows the size and arrangement thereof to be easily adjusted depending on the installation site. Therefore, it can be highly advantageous in terms of on-site applicability.

Principal Researcher Bangwoo Han of the KIMM was quoted as saying, “The high-temperature, high-pressure steam sterilization technology for medical waste involves the eradication of almost all infectious bacteria in a completely sealed environment. Therefore, close cooperation with participating companies that have the capacity to develop airtight chamber technology is very important in materializing this technology.” He added, “We will make all-out efforts to expand this technology to the sterilization treatment of infected animal carcasses in the future.”

 

President Seog-Hyeon Ryu of the KIMM was quoted as saying, “The latest research outcome is significantly meaningful in that it shows the important role played by government-contributed research institutes in resolving national challenges. The latest technology, which has been developed through the KIMM’s business support program, has been expanded to a demonstration project through cooperation among the industry, academia, research institutes, and the government of Daejeon Metropolitan City.” President Ryu added, “We will continue to proactively support these regional projects and strive to develop technologies that contribute to the health and safety of the public.”

 

Meanwhile, this research was conducted with the support of the project for the “development of ultra-high performance infectious waste treatment system capable of eliminating 99.9999 percent of viruses in response to the post-coronavirus era,” one of the basic business support programs of the KIMM, as well as the project for the “demonstration and development of a safety design convergence-type high-pressure steam sterilization system for on-site treatment of medical waste,” part of Daejeon Metropolitan City’s “Daejeon-type New Convergence Industry Creation Special Zone Technology Demonstration Project.”

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The Korea Institute of Machinery and Materials (KIMM) is a non-profit government-funded research institute under the Ministry of Science and ICT. Since its foundation in 1976, KIMM is contributing to economic growth of the nation by performing R&D on key technologies in machinery and materials, conducting reliability test evaluation, and commercializing the developed products and technologies.

 

This research was conducted with the support of the project for the “development of ultra-high performance infectious waste treatment system capable of eliminating 99.9999 percent of viruses in response to the post-coronavirus era,” one of the basic business support programs of the KIMM, as well as the project for the “demonstration and development of a safety design convergence-type high-pressure steam sterilization system for on-site treatment of medical waste,” part of Daejeon Metropolitan City’s “Daejeon-type New Convergence Industry Creation Special Zone Technology Demonstration Project.”

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