3 Hot Penny Stocks to Watch in Mid-June 2022
With so much going on in the stock market right now, finding penny stocks to buy can be difficult. But if you know where to look and what to look for, you can find some high-quality penny stocks that are worth your investment. For that reason, let’s take a look at a few tips that investors should use when considering trading penny stocks.
For one, always make sure to do your research. This means reading up on the company, its financial history, and any news that might be affecting the stock. Remember, just because a stock is cheap doesn’t mean it’s a good investment. Rather, you need to make sure you know what you’re buying before you invest any money.
The next step is having a trading strategy. This is crucial as buying and selling penny stocks greatly depends on your individual investing style. While this often gets overlooked, it’s important to remember that penny stocks are just like any other stocks – but they can go up or down in value more rapidly than blue chips. For that reason, you need to be prepared for both eventualities.
At the end of the day, buying and selling penny stocks is all about knowing what type of trader you are and using that to your advantage. So, with all of this in mind, let’s take a look at three hot penny stocks to watch right now.
3 Hot Penny Stocks to Add to Your Watchlist Right Now
Ibio Inc. (NYSE: IBIO)
One of the larger gainers of the day on June 9th is IBIO stock. At EOD, shares of IBIO had shot up by over 8%. And during after hours trading, we saw shares of IBIO stock climb by another 2.5%. So, why is IBIO stock climbing right now?
Well, it is tough to say as the company has not released any news today or in the past few weeks. The latest came from the company when it presented at the HC Wainwright Global Investment Conference at the end of May. But since then, it has been mostly quiet. Prior to this, it did release its Q3 2022 financial results as well as a corporate update.
“In this quarter, we took multiple steps forward towards becoming a clinical-stage company – a potentially major value inflection point.
We anticipate there may be a notable medical and business opportunity for our nucleocapsid-based COVID-19 vaccine candidate, as the durability and efficacy of the existing spike-based vaccines are called into question at the same time as new waves of variants are forecasted to arrive.”Tom Isett, the Chairman and CEO of Ibio
So, with all of this in mind, do you think that IBIO stock is worth adding to your list of penny stocks to watch or not?
Sos Ltd. (NYSE: SOS)
Another decent gainer on June 9th is SOS stock. At EOD, shares of SOS stock had shot up by more than 5.9% with a 2% after-hours gain respectively. And, this comes after a six month drop of more than 60%, which is quite substantial.
[Read More] 3 Penny Stocks, Are They Worth Buying Right Now?
So, why the big gain for SOS stock right now? Well, the latest news from the company came a few weeks ago when it announced the launch of a Super-Computer and Hosting Center in Wisconsin. The company has already signed several agreements for this facility, and it will manage over 21,000 mining rigs.
“This launch marks the step-by-step implementation of the company’s plan. We will launch more mining rigs as we sign additional contracts with third parties. We will continue to invest in more high level rigs for our own mining use and increase the manpower to support local operations. This will add more jobs and support the local economy.”The CEO and Chairman of SOS, Mr. Yandai Wang
While SOS stock is highly volatile, its recent gains are worth considering. Whether this makes it worth adding to your penny stocks watchlist however, is up to you.
Sonnet Biotherapeutics Holdings Inc. (NASDAQ: SONN)
One of the largest gainers on Thursday, June 9th was SONN stock. At EOD, shares of SONN had exploded by more than 23% to over $0.30. Recently, we have seen major bullish sentiment with biotech stocks. And, while this is likely a part of why SONN is climbing right now, it is not the full story. Rather, the company announced during early morning trading, that it has positive results from the preclinical trial of SON-1010.
“We are excited to see that the combination of SON-1010 with an anti-PD1 antibody yielded compelling data in this preclinical model. These data support our strategy of pairing SON-1010 with a checkpoint inhibitor, with the goal of developing an improved treatment option for cancer patients.”The CEO and Founder of Sonnet BioTherapeutics, Pankaj Mohan, PhD.
While this exciting news alone is not a reason to buy Sonnet stock, it could be an interesting piece of information to consider.
Which Penny Stocks Are You Watching in June?
If you’re looking for penny stocks to buy right now, it can be tricky. But, with the right research and a solid plan, you can find stocks that fit your investment goals. Now, understanding what is going on in the stock market is critical to making informed investment decisions.
So, always be sure to have a firm idea before investing in penny stocks. While it is not easy to find stocks that could make you money, it is possible to find stocks that are worth your investment. With this in mind, which penny stocks are you watching in June 2022?
nasdaq stocks covid-19 penny stocks vaccine treatment preclinical
FTSE 100 gains as commodity-linked stocks bounce back
The commodity-heavy FTSE 100 gained 0.4%, while mid-cap FTSE 250 index inched up 0.3% UK’s FTSE 100 gained on Monday, as an easing of COVID-19 restrictions…
The commodity-heavy FTSE 100 gained 0.4%, while mid-cap FTSE 250 index inched up 0.3%
UK’s FTSE 100 gained on Monday, as an easing of COVID-19 restrictions in China brought relief to commodity prices, lifting shares of major oil and mining companies.
As of 0704 GMT, the commodity-heavy FTSE 100 gained 0.4%, while mid-cap FTSE 250 index inched up 0.3%.
The risk sentiment improved after a Wall Street rally late last week and a rebound in copper and iron ore prices on Monday, boosted by an easing COVID-19 restrictions in Shanghai and relaxed testing mandates in several Chinese cities.
The burst of global enthusiasm for equities has put a spring in the step of the FTSE 100 at the start of the week, Hargreaves Lansdown analyst Susannah Streeter said.
Mining stocks led gains on the FTSE 100 index, with Anglo American, Rio Tinto and Glencore rising more than 3%, after Group of Seven leaders pledged to raise $600 billion private and public funds in five years to finance needed infrastructure in developing countries.
It is hoped this scheme, seen as a counter to China’s Belt and Road Initiative, will set off a spurt of spending and demand for commodities around the world, Streeter added.
Among individual stocks, CareTech surged 20.8% after the UK-based provider of care and residential services agreed to be acquired by a consortium led by Sheikh Hoidings in an 870.3 million pounds ($1.07 billion) deal.
Carnival Corp jumped 5.6%, extending its Friday gains after the leisure travel company forecast a positive core profit for the current quarter despite surging costs.
London-listed shares of Rio Tinto added 2% after a U.S appeals court ruled that the federal government may give the UK copper miner a right to lands in Arizona.
BAE Systems inched up 0.4% after the defence company received a $12 billion contract from the U.S Department of Defence.
The Depopulation Of Taiwan
The Depopulation Of Taiwan
Authored by Igor Chudov via Igor’s Newsletter,
This is a continuation of my post from yesterday about a massive…
This is a continuation of my post from yesterday about a massive 13% decline in births in Germany. Such a decline is a nine-sigma event, meaning that it is so unlikely to occur by chance, that it would naturally happen as rarely as an asteroid striking the Earth.
My article explored several more locales (UK, North Dakota, and Switzerland).
But no other place stands out as much as Taiwan does.
23% Drop in Birth Rate in Taiwan
According to a Taiwan government report, the birth rate dropped by 23.24% in May 2022, compared to May 2021.
I inputted historical birth rate data from Macrotrends for the years 2009-2021, and added the year 2022 as year 2021 adjusted down by 23.24%. Obviously, 2022 is not over and the number of Taiwanese babies to be born this year (or during the next 12 months) is unknown. So the chart below is an illustration of what would happen in the next 12 months if the 23.24% drop stays constant.
When expressed in “sigmas”, units of standard deviation, the 23.24% drop in the birth rate in Taiwan is a 26-sigma event!
This is can be described as “unimaginable” in terms of the likelihood of happening due to random chance.
The Wolfram-Alpha illustration of likelihood by sigma only goes to ten-sigma. They thought that it would be pointless to show more sigmas. Except a 26-sigma drop in birth rate just happened in Taiwan.
What Happened In Taiwan?
Health experts are quick to blame Covid for all sorts of health problems afflicting those they advised to vaccinate. It is not the vaccine, they say, it is Covid. We tried to protect you with the vaccine, they would always insist. But you got Covid anyway, thanks to the evil antivaxxers, and your problems are due to Covid — that’s their explanation.
We know for certain, though, that the drop in birth rate in Taiwan is NOT due to Covid. Yes, Taiwan is suffering from a terrible COVID pandemic right now (despite being 91% vaccinated), however, Covid in Taiwan only started around April 21 of 2022, and could not impact May birth rates much.
To see what could cause the extreme drop in births, go back 9 months from May 2022, so to September 2021.
Taiwan was a poster child for successful vaccination. 91% of all Taiwanese residents received a vaccine dose. By October 1, 2021, 56% of ALL people of Taiwan received Covid vaccines.
They got a fairly usual mix of “safe and effective” AstraZeneca, Moderna, and Pfizer vaccines.
People of Taiwan got their shots, felt assured that Covid-19 stops with every vaccinated person, and moved on with their lives.
I doubt that the people of Taiwan noticed anything at the end of September. They knew for sure that their vaccines were safe and effective and would not affect their sperm or pregnancies. So they proceeded with family plans just as before, trying to make babies on purpose, or partying and having fun and getting pregnant accidentally, just as people do elsewhere.
Except for 9 months later, they only gave birth to 77% of the number of babies expected.
I hope that the people of Taiwan will start asking their authorities: what is happening to us?
A Glimmer of Hope
If you are like me, and you like babies, children, and grandchildren, you are probably upset by now and are wondering what will happen to all of us. Let me mention a possibility that, although unlikely in my opinion, may make this drop in birth rates temporary.
Covid vaccines are known to “disrupt the menstrual cycle” and lower sperm counts. It is possible that some women, for a period of several months, could not conceive and become pregnant due to these disruptions. Because all Taiwanese women were vaccinated at almost the same time, those disruptions created a precipitous drop in birth rates.
My hope, as someone who likes people, is that this will turn out to be the case. However, in my opinion, we will likely see the opposite, and reductions in birth rates will be permanent. Why? Because vaccinating young people was a crime. It was not a mistake. Let me not explain why, in this article.
Crimes like this are NOT perpetrated to achieve a two-month drop in birth rates. Criminals of such nature who gave young people shots that they did not need, for sinister reasons, go for the jugular. Of course, not all people participating in vaccination campaigns were having such sinister intentions. But it is possible that some persons on top had criminal motives that they did not disclose.
Again, I hope that the preceding paragraph will turn out to be unfounded. I was, and am, against any of that happening, do not support anything that is happening in Taiwan, and I am very worried.
Time will tell.
They Told Us it is Safe
This fact check from Dec 5, 2020 says that the vaccine is definitely safe for pregnancy “because there is no evidence that it is unsafe”. No trial specifically for pregnancy and fertility was conducted. They just lied to us that it is safe — but had no way of knowing.
Hot Penny Stocks to Buy This Week? 3 For Your List
Can these penny stocks continue to climb
The post Hot Penny Stocks to Buy This Week? 3 For Your List appeared first on Penny Stocks to Buy, Picks, News…
3 Hot Penny Stocks to Add to Your Watchlist This Week
Let’s face it, finding penny stocks to buy is not easy. And over the past few months, it has been increasingly challenging to make money with small caps. Now, while this may be true, not every investor has lost money in that time. Rather, to make money with penny stocks, traders have to be extra careful and know what penny stocks to buy.
There are a few key things to look for when finding penny stocks to buy. The first is a reason that it may move. When penny stocks shift up or down, there are numerous causes. But, most penny stocks will have a fundamental reason to do so. This could be a new product launch, an FDA approval, or anything else that would increase demand for the company’s shares.
The second is liquidity. This is key because you need to be able to buy and sell penny stocks quickly. If there is not enough liquidity or shares traded in a day, you may be stuck with your penny stock.
The last is price. You obviously want to buy penny stocks that are cheap, but you also want to make sure that the company is valued appropriately. This means looking at its fundamentals and understanding why it is at its given value. With all of this in mind, let’s take a look at three penny stocks to add to your watchlist this week.
3 Penny Stocks to Watch This Week
- Visionary Education Technology Holding Group Inc. (NASDAQ: VEDU)
- RLX Technology Inc. (NYSE: RLX)
- Uranium Energy Corp. (NYSE: UEC)
Visionary Education Technology Holding Group Inc. (NASDAQ: VEDU)
One of the largest gainers of the day on June 27th was VEDU stock. By EOD, shares of VEDU had shot up by more than 30% with an over 5% after-hours gain. And, in the past five days, shares of VEDU stock have exploded by over 120%. These major gains come alongside no recent news. The most recent news however, came on May 19th.
On the 19th, the company announced the closing of its $17 million firm commitment IPO. This came with 4.25 million shares at a public offering price of $4 per share. For some context, Visionary Education is a Canadian based company offering high-quality education resources to students around the world. While it has fallen from its IPO price to around $2.60, its recent bullish momentum is exciting without a doubt. So, with all of this in mind, will VEDU be on your penny stocks watchlist or not?
RLX Technology Inc. (NYSE: RLX)
With over 3% in gains during trading and after hours on June 27th, RLX is another penny stock that investors are watching right now. In the past month, we’ve seen shares of RLX climb by more than 19%, which is no small feat. The most recent news from the company came in the form of its unaudited Q1 2022 financial results. In the results, the company saw its net revenue decline slightly, however, it stated that this was due to the pandemic.
“During the first quarter of 2022, we continued to focus on our core strategy and maintain our leading position in the industry while preparing for the anticipated regulatory changes.
As the new regulatory framework has come into effect and detailed implementation measures have been released, we are proactively adapting our business to the new market environment by applying for the relevant licenses and developing qualified products that meet the requirements of the most recent national standards.”The CEO of RLX Technology, Ms. Ying Wang
While this news was not ideal, it did bring shares of RLX stock down to lower levels. And as a result, its recent bullish momentum could be due to RLX being at value prices. Whether this makes RLX worth adding to your list of penny stocks to buy, is up to you.
Uranium Energy Corp. (NYSE: UEC)
On June 27th, UEC stock saw modest gains however, it did post abnormally high volume. And because of this, many investors are keeping a close eye on it right now. The most recent update from the company came on June 22nd, when it announced its entrance into a definitive agreement with UEX Corporation. It stated that it would acquire all of the outstanding shares of UEX with a C$5 million private placement.
This is big news for the company and should add to its large and growing business. If you’re not familiar, Uranium Energy is a uranium mining company. And, recently, we’ve seen heightened interest in alternative energy penny stocks. And although UEC is highly volatile, it is an interesting penny stock to watch. With this considered, does UEC deserve an addition to your watchlist or not?
Which Penny Stocks Are You Buying Right Now?
After a relatively flat day of trading, investors are looking for the best penny stocks to buy this week. That involves understanding what factors are impacting the stock market, and how we can use those to benefit.
Although trading is not easy, there are plenty of ways to find penny stocks to buy in 2022. So, with this in mind, which penny stocks are you buying right now?
The post Hot Penny Stocks to Buy This Week? 3 For Your List appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.nasdaq stocks pandemic penny stocks fda small caps
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