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Best Small Cap Stocks to Buy? 3 To Watch This Month

Making a penny stocks watchlist in September? Here’s 3 names to know…

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3 Penny Stocks For Your September Watchlist

After the first long weekend in a few months, investors are eager to find penny stocks to watch this month. And, September has already given several encouraging signs to traders, with major bullish momentum for both penny stocks and blue chips. Despite a rather disappointing job report that came out last week, the S&P 500 and NASDAQ are hovering near all-time highs. It’s worth noting that some investors believe that a correction could be imminent. To understand what could cause this, Gina Sanchez, the Chief Market Strategist at Lido Advisors, stated that “The first catalyst I see is just the fact that we have priced in very strong expectations. We’re going to hit huge GDP growth this year. Next year, we’re going to have lower GDP growth. Will it be strong? Yes, but it will be less than now.” [Read More] Penny Stock Investors Are Watching These Hot Industries in September Sanchez goes on to state that the second catalyst to look out for is liquidity, and whether it increases or decreases in the coming months. This could be indicated by the Federal Reserve and what it chooses to do with its bond-buying program. And, with a Fed meeting scheduled for September 21st, investors should keep a close eye on the next few weeks. Considering all of this, let’s take a look at three penny stocks to watch right now.

3 Penny Stocks to Watch in September

  1. Meta Materials Inc. (NASDAQ: MMAT)
  2. DarkPulse Inc. (OTC: DPLS)
  3. BEST Inc. (NYSE: BEST)

Meta Materials Inc. (NASDAQ: MMAT)

While Meta Materials is technically no longer a penny stock at $5.50 per share, it was only a few trading days ago. In the past five days, shares of MMAT stock have climbed by over 12% bringing its YTD gain to over 287% and twelve-month gain to over 950%. These are big numbers and are worth considering if you’re interested in MMAT stock. For some context, this company sells a variety of functional materials and nanocomposites. Meta is involved in the design, development, and manufacturing of these products. Its products include NANOWEB, a transparent conductive film, holoOPTIX, a holographic optical component, and several other unique, high-tech products. On August 12th, the company reported its second-quarter financial results for 2021. The company’s total revenue grew 197% during this period. In addition to this, its total revenue for the first half of 2021 grew by 88%. These numbers could help to explain why shares of MMAT stock have been rising in recent trading sessions. Meta Materials also recently announced the formation of a scientific advisory board to support its innovation and investment strategy. This board will help grow its current scientific advancements and develop new ones as well.
“The scientists who have generously agreed to join our Scientific Advisory Board will play an inspirational role, working closely alongside our own teams to challenge, validate and guide our scientific agenda – aligning our priorities with our customers and the world’s ever-evolving needs.” President and CEO of Meta Materials, George Palikaras
With all of these updates, we see that Meta Materials is working hard to continue growing. Considering this, will it make your penny stocks watchlist in 2021?
Penny_Stocks_to_Watch_Meta_Materials_Inc._(MMAT_Stock_Chart)

DarkPulse Inc. (OTC: DPLS)

DarkPulse Inc. is a tech penny stock that many investors have been focused on in the past few weeks. Over the past month, shares of DPLS stock have climbed by almost 70% and in the past six months by over 480%. This company develops, markets, and distributes a variety of laser-based monitoring systems. These systems are used for monitoring various metrics including temperature, strain, and stress on everything from airplanes to mining operations. Because of the broad use cases for its products, DPLS has a wide market that it supplies; including governments and private entities as well. [Read More] Top Penny Stocks to Watch After the Long Weekend Specifically, this technology is known as BOTDA, which uses a range of critical metrics to see how well infrastructure is performing under stress and how it can be made better. On August 30th, the company finalized its acquisition of Remote Intelligence LLC and Wildlife Specialists LLC.
“These acquisitions bring capabilities for existing business through our subsidiary Optilan while expanding our services offerings immediately. Remote Intelligence not only allows platform integration with DarkPulse’s monitoring services by providing drone-based ‘eye in the sky’ capabilities but allows DarkPulse and Optilan to expand its current service offerings to new and existing customers.” Chairman and CEO of DarkPulse, Dennis O’Leary
The two company’s offer fully integrated drone-based and 3D modeled mapping for industrial companies, infrastructure inspection, border security, and more. Based on this new information, is DPLS a contender for your list of penny stocks to watch in September?
Penny_Stocks_to_Watch_DarkPulse_Inc._(DPLS_Stock_Chart)

BEST Inc. (NYSE: BEST)

BEST Inc. is a penny stock that we have discussed several times in the past few months due to its momentum and constant market moves. If you’re unfamiliar, this company is a smart supply chain service provider in China. BEST’s technology is used for network optimization, smart warehouses, store management, and more. Its technologies apply to a lot of aspects of the product industry, such as sorting line automation and order fulfillment. Throughout the pandemic, the demand for retail goods has skyrocketed. And as a result, BEST Inc. has capitalized upon the need for better and more efficient fulfillment tools. On August 17th, the company reported its second-quarter financial results for 2021. BEST’s revenue decreased year over year, and it experienced a net loss instead of a gross profit the previous year. This occurred as a result of ‘refocusing’ by the company. While this may seem disheartening, it looks as though BEST Inc. is working to reposition itself and its business model. And, this could be a positive in the near future if it can meet all its goals.
“In the second quarter we continued to press forward with our strategic refocusing plan and build on the encouraging signs we are seeing in network stability, service quality, and cost reduction while adapting to the competitive industry landscape. In particular, our Express continued to make progress in unit cost reduction and witnessed significant network improvement with enhanced service quality.” Founder, Chairman, and CEO of BEST Inc., Johnny Chou
Despite these less-than-stellar results, shares of BEST stock have increased in several recent trading sessions. Keeping this in mind, will BEST stock make your watchlist this month?
Penny_Stocks_to_Watch_BEST_Inc

Are These Penny Stocks on Your Watchlist?

Finding the best penny stocks to watch all depends on what’s going on in the market. And with so many competing factors, it can be difficult to stay up to date with each and every one. [Read More] 3 Hot Penny Stocks on Reddit to Watch Right Now However, if traders keep a close eye on the news, it can be much easier to try and predict future price movements. And in the stock market, those who are first on the scene can often escape with the highest chance of profitability. Considering this, are these penny stocks on your watchlist? The post Best Penny Stocks to Buy This Month? 3 To Watch in September 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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International

Beloved mall retailer files Chapter 7 bankruptcy, will liquidate

The struggling chain has given up the fight and will close hundreds of stores around the world.

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It has been a brutal period for several popular retailers. The fallout from the covid pandemic and a challenging economic environment have pushed numerous chains into bankruptcy with Tuesday Morning, Christmas Tree Shops, and Bed Bath & Beyond all moving from Chapter 11 to Chapter 7 bankruptcy liquidation.

In all three of those cases, the companies faced clear financial pressures that led to inventory problems and vendors demanding faster, or even upfront payment. That creates a sort of inevitability.

Related: Beloved retailer finds life after bankruptcy, new famous owner

When a retailer faces financial pressure it sets off a cycle where vendors become wary of selling them items. That leads to barren shelves and no ability for the chain to sell its way out of its financial problems. 

Once that happens bankruptcy generally becomes the only option. Sometimes that means a Chapter 11 filing which gives the company a chance to negotiate with its creditors. In some cases, deals can be worked out where vendors extend longer terms or even forgive some debts, and banks offer an extension of loan terms.

In other cases, new funding can be secured which assuages vendor concerns or the company might be taken over by its vendors. Sometimes, as was the case with David's Bridal, a new owner steps in, adds new money, and makes deals with creditors in order to give the company a new lease on life.

It's rare that a retailer moves directly into Chapter 7 bankruptcy and decides to liquidate without trying to find a new source of funding.

Mall traffic has varied depending upon the type of mall.

Image source: Getty Images

The Body Shop has bad news for customers  

The Body Shop has been in a very public fight for survival. Fears began when the company closed half of its locations in the United Kingdom. That was followed by a bankruptcy-style filing in Canada and an abrupt closure of its U.S. stores on March 4.

"The Canadian subsidiary of the global beauty and cosmetics brand announced it has started restructuring proceedings by filing a Notice of Intention (NOI) to Make a Proposal pursuant to the Bankruptcy and Insolvency Act (Canada). In the same release, the company said that, as of March 1, 2024, The Body Shop US Limited has ceased operations," Chain Store Age reported.

A message on the company's U.S. website shared a simple message that does not appear to be the entire story.

"We're currently undergoing planned maintenance, but don't worry we're due to be back online soon."

That same message is still on the company's website, but a new filing makes it clear that the site is not down for maintenance, it's down for good.

The Body Shop files for Chapter 7 bankruptcy

While the future appeared bleak for The Body Shop, fans of the brand held out hope that a savior would step in. That's not going to be the case. 

The Body Shop filed for Chapter 7 bankruptcy in the United States.

"The US arm of the ethical cosmetics group has ceased trading at its 50 outlets. On Saturday (March 9), it filed for Chapter 7 insolvency, under which assets are sold off to clear debts, putting about 400 jobs at risk including those in a distribution center that still holds millions of dollars worth of stock," The Guardian reported.

After its closure in the United States, the survival of the brand remains very much in doubt. About half of the chain's stores in the United Kingdom remain open along with its Australian stores. 

The future of those stores remains very much in doubt and the chain has shared that it needs new funding in order for them to continue operating.

The Body Shop did not respond to a request for comment from TheStreet.   

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Government

Are Voters Recoiling Against Disorder?

Are Voters Recoiling Against Disorder?

Authored by Michael Barone via The Epoch Times (emphasis ours),

The headlines coming out of the Super…

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Are Voters Recoiling Against Disorder?

Authored by Michael Barone via The Epoch Times (emphasis ours),

The headlines coming out of the Super Tuesday primaries have got it right. Barring cataclysmic changes, Donald Trump and Joe Biden will be the Republican and Democratic nominees for president in 2024.

(Left) President Joe Biden delivers remarks on canceling student debt at Culver City Julian Dixon Library in Culver City, Calif., on Feb. 21, 2024. (Right) Republican presidential candidate and former U.S. President Donald Trump stands on stage during a campaign event at Big League Dreams Las Vegas in Las Vegas, Nev., on Jan. 27, 2024. (Mario Tama/Getty Images; David Becker/Getty Images)

With Nikki Haley’s withdrawal, there will be no more significantly contested primaries or caucuses—the earliest both parties’ races have been over since something like the current primary-dominated system was put in place in 1972.

The primary results have spotlighted some of both nominees’ weaknesses.

Donald Trump lost high-income, high-educated constituencies, including the entire metro area—aka the Swamp. Many but by no means all Haley votes there were cast by Biden Democrats. Mr. Trump can’t afford to lose too many of the others in target states like Pennsylvania and Michigan.

Majorities and large minorities of voters in overwhelmingly Latino counties in Texas’s Rio Grande Valley and some in Houston voted against Joe Biden, and even more against Senate nominee Rep. Colin Allred (D-Texas).

Returns from Hispanic precincts in New Hampshire and Massachusetts show the same thing. Mr. Biden can’t afford to lose too many Latino votes in target states like Arizona and Georgia.

When Mr. Trump rode down that escalator in 2015, commentators assumed he’d repel Latinos. Instead, Latino voters nationally, and especially the closest eyewitnesses of Biden’s open-border policy, have been trending heavily Republican.

High-income liberal Democrats may sport lawn signs proclaiming, “In this house, we believe ... no human is illegal.” The logical consequence of that belief is an open border. But modest-income folks in border counties know that flows of illegal immigrants result in disorder, disease, and crime.

There is plenty of impatience with increased disorder in election returns below the presidential level. Consider Los Angeles County, America’s largest county, with nearly 10 million people, more people than 40 of the 50 states. It voted 71 percent for Mr. Biden in 2020.

Current returns show county District Attorney George Gascon winning only 21 percent of the vote in the nonpartisan primary. He’ll apparently face Republican Nathan Hochman, a critic of his liberal policies, in November.

Gascon, elected after the May 2020 death of counterfeit-passing suspect George Floyd in Minneapolis, is one of many county prosecutors supported by billionaire George Soros. His policies include not charging juveniles as adults, not seeking higher penalties for gang membership or use of firearms, and bringing fewer misdemeanor cases.

The predictable result has been increased car thefts, burglaries, and personal robberies. Some 120 assistant district attorneys have left the office, and there’s a backlog of 10,000 unprosecuted cases.

More than a dozen other Soros-backed and similarly liberal prosecutors have faced strong opposition or have left office.

St. Louis prosecutor Kim Gardner resigned last May amid lawsuits seeking her removal, Milwaukee’s John Chisholm retired in January, and Baltimore’s Marilyn Mosby was defeated in July 2022 and convicted of perjury in September 2023. Last November, Loudoun County, Virginia, voters (62 percent Biden) ousted liberal Buta Biberaj, who declined to prosecute a transgender student for assault, and in June 2022 voters in San Francisco (85 percent Biden) recalled famed radical Chesa Boudin.

Similarly, this Tuesday, voters in San Francisco passed ballot measures strengthening police powers and requiring treatment of drug-addicted welfare recipients.

In retrospect, it appears the Floyd video, appearing after three months of COVID-19 confinement, sparked a frenzied, even crazed reaction, especially among the highly educated and articulate. One fatal incident was seen as proof that America’s “systemic racism” was worse than ever and that police forces should be defunded and perhaps abolished.

2020 was “the year America went crazy,” I wrote in January 2021, a year in which police funding was actually cut by Democrats in New York, Los Angeles, San Francisco, Seattle, and Denver. A year in which young New York Times (NYT) staffers claimed they were endangered by the publication of Sen. Tom Cotton’s (R-Ark.) opinion article advocating calling in military forces if necessary to stop rioting, as had been done in Detroit in 1967 and Los Angeles in 1992. A craven NYT publisher even fired the editorial page editor for running the article.

Evidence of visible and tangible discontent with increasing violence and its consequences—barren and locked shelves in Manhattan chain drugstores, skyrocketing carjackings in Washington, D.C.—is as unmistakable in polls and election results as it is in daily life in large metropolitan areas. Maybe 2024 will turn out to be the year even liberal America stopped acting crazy.

Chaos and disorder work against incumbents, as they did in 1968 when Democrats saw their party’s popular vote fall from 61 percent to 43 percent.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

Tyler Durden Sat, 03/09/2024 - 23:20

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Government

Veterans Affairs Kept COVID-19 Vaccine Mandate In Place Without Evidence

Veterans Affairs Kept COVID-19 Vaccine Mandate In Place Without Evidence

Authored by Zachary Stieber via The Epoch Times (emphasis ours),

The…

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Veterans Affairs Kept COVID-19 Vaccine Mandate In Place Without Evidence

Authored by Zachary Stieber via The Epoch Times (emphasis ours),

The U.S. Department of Veterans Affairs (VA) reviewed no data when deciding in 2023 to keep its COVID-19 vaccine mandate in place.

Doses of a COVID-19 vaccine in Washington in a file image. (Jacquelyn Martin/Pool/AFP via Getty Images)

VA Secretary Denis McDonough said on May 1, 2023, that the end of many other federal mandates “will not impact current policies at the Department of Veterans Affairs.”

He said the mandate was remaining for VA health care personnel “to ensure the safety of veterans and our colleagues.”

Mr. McDonough did not cite any studies or other data. A VA spokesperson declined to provide any data that was reviewed when deciding not to rescind the mandate. The Epoch Times submitted a Freedom of Information Act for “all documents outlining which data was relied upon when establishing the mandate when deciding to keep the mandate in place.”

The agency searched for such data and did not find any.

The VA does not even attempt to justify its policies with science, because it can’t,” Leslie Manookian, president and founder of the Health Freedom Defense Fund, told The Epoch Times.

“The VA just trusts that the process and cost of challenging its unfounded policies is so onerous, most people are dissuaded from even trying,” she added.

The VA’s mandate remains in place to this day.

The VA’s website claims that vaccines “help protect you from getting severe illness” and “offer good protection against most COVID-19 variants,” pointing in part to observational data from the U.S. Centers for Disease Control and Prevention (CDC) that estimate the vaccines provide poor protection against symptomatic infection and transient shielding against hospitalization.

There have also been increasing concerns among outside scientists about confirmed side effects like heart inflammation—the VA hid a safety signal it detected for the inflammation—and possible side effects such as tinnitus, which shift the benefit-risk calculus.

President Joe Biden imposed a slate of COVID-19 vaccine mandates in 2021. The VA was the first federal agency to implement a mandate.

President Biden rescinded the mandates in May 2023, citing a drop in COVID-19 cases and hospitalizations. His administration maintains the choice to require vaccines was the right one and saved lives.

“Our administration’s vaccination requirements helped ensure the safety of workers in critical workforces including those in the healthcare and education sectors, protecting themselves and the populations they serve, and strengthening their ability to provide services without disruptions to operations,” the White House said.

Some experts said requiring vaccination meant many younger people were forced to get a vaccine despite the risks potentially outweighing the benefits, leaving fewer doses for older adults.

By mandating the vaccines to younger people and those with natural immunity from having had COVID, older people in the U.S. and other countries did not have access to them, and many people might have died because of that,” Martin Kulldorff, a professor of medicine on leave from Harvard Medical School, told The Epoch Times previously.

The VA was one of just a handful of agencies to keep its mandate in place following the removal of many federal mandates.

“At this time, the vaccine requirement will remain in effect for VA health care personnel, including VA psychologists, pharmacists, social workers, nursing assistants, physical therapists, respiratory therapists, peer specialists, medical support assistants, engineers, housekeepers, and other clinical, administrative, and infrastructure support employees,” Mr. McDonough wrote to VA employees at the time.

This also includes VA volunteers and contractors. Effectively, this means that any Veterans Health Administration (VHA) employee, volunteer, or contractor who works in VHA facilities, visits VHA facilities, or provides direct care to those we serve will still be subject to the vaccine requirement at this time,” he said. “We continue to monitor and discuss this requirement, and we will provide more information about the vaccination requirements for VA health care employees soon. As always, we will process requests for vaccination exceptions in accordance with applicable laws, regulations, and policies.”

The version of the shots cleared in the fall of 2022, and available through the fall of 2023, did not have any clinical trial data supporting them.

A new version was approved in the fall of 2023 because there were indications that the shots not only offered temporary protection but also that the level of protection was lower than what was observed during earlier stages of the pandemic.

Ms. Manookian, whose group has challenged several of the federal mandates, said that the mandate “illustrates the dangers of the administrative state and how these federal agencies have become a law unto themselves.”

Tyler Durden Sat, 03/09/2024 - 22:10

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