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Making A List Of Penny Stocks Right Now? 3 Names To Know For March

Top Penny Stocks To Watch
The post Making A List Of Penny Stocks Right Now? 3 Names To Know For March appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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3 Penny Stocks To Watch Right Now

Penny stocks have been quite interesting to watch. Some investors will shy away from them due to their volatility. While these assets are inherently volatile, there is also much room to make a profit. It is not uncommon to see some penny stocks go up more than 100% overnight. At the same time, the inverse situation could happen as well. As long as you know what you are doing, there is no reason you should not add penny stocks to your watch list.

Penny stocks often follow the trends of different industries and sectors. In this article, we will focus on several hot market niches that have helped boost momentum. In the last year, things like tech stocks, consumer discretionary, and even biotech have experienced a price explosion over the last 12 months.

[Read More] 3 Penny Stocks With News Grabbing Attention From Analysts Right Now

Something to note about recent trends is that the broader markets recently experienced a much higher degree of bearish selling pressure. But the exciting thing about stocks under $5 is there there are at least a handful trending higher as markets pullback. With this in mind, here are a few names to know in March.

Top Penny Stocks To Watch

  1. MICT Inc. (NASDAQ: MICT)
  2. Teekay Corporation (NYSE: TK)
  3. Allied Esports Entertainment Inc. (NASDAQ: AESE)

MICT Inc.

The first company on this list of penny stocks, MICT Inc., is a tech penny stock. MICT has mobile computing solutions and trading technology for the fintech sector. It operates under the subsidiaries GFH Intermediate Holdings Ltd. and Micronet Ltd. The company focuses on building its online brokerage for equities trading, wealth managing, and insurance sales in foreign markets. In fact, late last month, the company received the Hong Kong Securities and Futures Commission’s approval to complete the acquisition of Huapei Global Securities, Ltd. This offers the company a licensed platform to offer trading in Hong Kong, U.S., and China exchanges for its Chinese and Hong Kong clientele.

On March 4th, MICT announced the closing of a $54 million registered direct offering. The offering is for 19,285,715 shares of common stock and 19,285,715 warrants to purchase the same amount of shares at $2.80. After this announcement, MICT stock price increased about 5%. Further to this, MICT’s subsidiary Micronet received a commercial order for its SmartCam Connected product. It received a purchase order for 2,000 units of the product from one of the largest telematics service providers in the U.S. This order is worth about $900,000.

Darren Mercer, the CEO of MICT, said, “Whilst our focus is on the continued development of our three main fintech verticals, we are very pleased to see Micronet’s ongoing success and progress towards gaining market share in the fast-growing video telematics sector, which continues to justify our investment in the company.” Since the announcement, MICT stock has increased by about 31%.

top penny stocks to watch right now MICT Inc. MICT stock chart

Teekay Corporation

Now let’s talk about Teekay Corporation, an energy penny stock. Teekay has had quite a good 2021 so far. This is a company that transports oil and gas worldwide. It operates liquefied natural gas carriers, offloading units, conventional tankers, floating production storage, and more. It has a fleet of about 154 vessels, including chartered-in vessels. Its purpose is to serve energy and utility companies and large oil and LNG consumers, oil traders, and many more. This energy penny stock is up 51% in 2021 as of March.

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This month Teekay declared cash distributions on Series A and Series B preferred units. These cash distributions were declared at $0.5625 per unit on Series A and $0.5313 per unit on Series B preferred units. The distributions are payable on April 15th, 2021, to all unitholders on record by the end of March.

Furthermore, this quarter, Teekay released its financial results for the fourth quarter and full-year 2020. Its adjusted net income attributable to shareholders’ fiscal year 2020 saw significant improvement up to $83 million. The corporation’s adjusted EBITDA went up to $1.1 billion, a 14% increase year over year. With the likely scenario we see energy consumption tick up with economies reopening, will companies like Teekay be worth a closer look?

top penny stocks to watch right now Teekay Corporation TK stock chart

Allied Esports Entertainment Inc. 

Allied Esports Entertainment is, as its name suggests, a provider of Esports entertainment. On Thursday, March 18th, it announced a 3-day esports event based in Sugar Land, Texas. This event will consist of a similar layout to its “Saturday Night Speedway” events which have taken place in Las Vegas numerous times. Jud Hannigan, CEO of Allied Esports, stated that “we have the unique ability to take our mobile esports trucks on the road and give fans across the country the chance to compete in a one-of-a-kind tournament setting as an extension of our Las Vegas arena experience.”

This is an interesting proposition because it could add a new layer to AESE’s business model. If this event goes well, the company could continue to utilize this mobile entertainment method moving forward. Over the past few weeks, Allied Esports has been working with Bally’s Corp. for the latter to acquire the assets of the World Poker Tour. Bally has offered $90 million in cash upon the deal’s closing, which AESE sees as a “Superior Proposal” over another offer it had from Element Partners LLC.

This acquisition would offer AESE a great deal of capital in a time when that is in need. Because of the pandemic, Allied Esports arenas have not seen as much traffic as before Covid. To continue bringing in capital, the company sees the sale of its World Poker Tour as necessary. In combination with mobile events, this move could help to see Allied Esports through the end of the pandemic. And if cases continue to decline, AESE could begin to hold in-person events. Whether this makes it a penny stock to watch is up to you. 

top penny stocks to watch right now Allied Esports Entertainment Inc. AESE stock chart

Are Penny Stocks Too Risky For You?

This is a question you should ask yourself before you even start putting a watch list together. One of the big reasons is that these cheap shares can present incredibly volatile stock market scenarios. One minute a stock could be up 15%, and the next, it could be down 30%. It all goes hand-in-hand with what I discussed above, where big swings in price are among the most attractive things about penny stocks. Don’t forget that it’s not always in the direction you want. In this case, it’s best to start by learning how to day trade first, get a good understanding of how to navigate the market, and capitalize on opportunities.

The post Making A List Of Penny Stocks Right Now? 3 Names To Know For March appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

Earlier today, CNBC’s…

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US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever... And Debt Explodes

Earlier today, CNBC's Brian Sullivan took a horse dose of Red Pills when, about six months after our readers, he learned that the US is issuing $1 trillion in debt every 100 days, which prompted him to rage tweet, (or rageX, not sure what the proper term is here) the following:

We’ve added 60% to national debt since 2018. Germany - a country with major economic woes - added ‘just’ 32%.   

Maybe it will never matter.   Maybe MMT is real.   Maybe we just cancel or inflate it out. Maybe career real estate borrowers or career politicians aren’t the answer.

I have no idea.  Only time will tell.   But it’s going to be fascinating to watch it play out.

He is right: it will be fascinating, and the latest budget deficit data simply confirmed that the day of reckoning will come very soon, certainly sooner than the two years that One River's Eric Peters predicted this weekend for the coming "US debt sustainability crisis."

According to the US Treasury, in February, the US collected $271 billion in various tax receipts, and spent $567 billion, more than double what it collected.

The two charts below show the divergence in US tax receipts which have flatlined (on a trailing 6M basis) since the covid pandemic in 2020 (with occasional stimmy-driven surges)...

... and spending which is about 50% higher compared to where it was in 2020.

The end result is that in February, the budget deficit rose to $296.3 billion, up 12.9% from a year prior, and the second highest February deficit on record.

And the punchline: on a cumulative basis, the budget deficit in fiscal 2024 which began on October 1, 2023 is now $828 billion, the second largest cumulative deficit through February on record, surpassed only by the peak covid year of 2021.

But wait there's more: because in a world where the US is spending more than twice what it is collecting, the endgame is clear: debt collapse, and while it won't be tomorrow, or the week after, it is coming... and it's also why the US is now selling $1 trillion in debt every 100 days just to keep operating (and absorbing all those millions of illegal immigrants who will keep voting democrat to preserve the socialist system of the US, so beloved by the Soros clan).

And it gets even worse, because we are now in the ponzi finance stage of the Minsky cycle, with total interest on the debt annualizing well above $1 trillion, and rising every day

... having already surpassed total US defense spending and soon to surpass total health spending and, finally all social security spending, the largest spending category of all, which means that US debt will now rise exponentially higher until the inevitable moment when the US dollar loses its reserve status and it all comes crashing down.

We conclude with another observation by CNBC's Brian Sullivan, who quotes an email by a DC strategist...

.. which lays out the proposed Biden budget as follows:

The budget deficit will growth another $16 TRILLION over next 10 years. Thats *with* the proposed massive tax hikes.

Without them the deficit will grow $19 trillion.

That's why you will hear the "deficit is being reduced by $3 trillion" over the decade.

No family budget or business could exist with this kind of math.

Of course, in the long run, neither can the US... and since neither party will ever cut the spending which everyone by now is so addicted to, the best anyone can do is start planning for the endgame.

Tyler Durden Tue, 03/12/2024 - 18:40

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Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Submitted by Liam Cosgrove

Former…

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Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Submitted by Liam Cosgrove

Former Project Veritas & O’Keefe Media Group operative and Pfizer formulation analyst scientist Justin Leslie revealed previously unpublished recordings showing Pfizer’s top vaccine researchers discussing major concerns surrounding COVID-19 vaccines. Leslie delivered these recordings to Veritas in late 2021, but they were never published:

Featured in Leslie’s footage is Kanwal Gill, a principal scientist at Pfizer. Gill was weary of MRNA technology given its long research history yet lack of approved commercial products. She called the vaccines “sneaky,” suggesting latent side effects could emerge in time.

Gill goes on to illustrate how the vaccine formulation process was dramatically rushed under the FDA’s Emergency Use Authorization and adds that profit incentives likely played a role:

"It’s going to affect my heart, and I’m going to die. And nobody’s talking about that."

Leslie recorded another colleague, Pfizer’s pharmaceutical formulation scientist Ramin Darvari, who raised the since-validated concern that repeat booster intake could damage the cardiovascular system:

None of these claims will be shocking to hear in 2024, but it is telling that high-level Pfizer researchers were discussing these topics in private while the company assured the public of “no serious safety concerns” upon the jab’s release:

Vaccine for Children is a Different Formulation

Leslie sent me a little-known FDA-Pfizer conference — a 7-hour Zoom meeting published in tandem with the approval of the vaccine for 5 – 11 year-olds — during which Pfizer’s vice presidents of vaccine research and development, Nicholas Warne and William Gruber, discussed a last-minute change to the vaccine’s “buffer” — from “PBS” to “Tris” — to improve its shelf life. For about 30 seconds of these 7 hours, Gruber acknowledged that the new formula was NOT the one used in clinical trials (emphasis mine):


“The studies were done using the same volume… but contained the PBS buffer. We obviously had extensive consultations with the FDA and it was determined that the clinical studies were not required because, again, the LNP and the MRNA are the same and the behavior — in terms of reactogenicity and efficacy — are expected to be the same.

According to Leslie, the tweaked “buffer” dramatically changed the temperature needed for storage: “Before they changed this last step of the formulation, the formula was to be kept at -80 degrees Celsius. After they changed the last step, we kept them at 2 to 8 degrees celsius,” Leslie told me.

The claims are backed up in the referenced video presentation:

I’m no vaccinologist but an 80-degree temperature delta — and a 5x shelf-life in a warmer climate — seems like a significant change that might warrant clinical trials before commercial release.

Despite this information technically being public, there has been virtually no media scrutiny or even coverage — and in fact, most were told the vaccine for children was the same formula but just a smaller dose — which is perhaps due to a combination of the information being buried within a 7-hour jargon-filled presentation and our media being totally dysfunctional.

Bohemian Grove?

Leslie’s 2-hour long documentary on his experience at both Pfizer and O’Keefe’s companies concludes on an interesting note: James O’Keefe attended an outing at the Bohemian Grove.

Leslie offers this photo of James’ Bohemian Grove “GATE” slip as evidence, left on his work desk atop a copy of his book, “American Muckraker”:

My thoughts on the Bohemian Grove: my good friend’s dad was its general manager for several decades. From what I have gathered through that connection, the Bohemian Grove is not some version of the Illuminati, at least not in the institutional sense.

Do powerful elites hangout there? Absolutely. Do they discuss their plans for the world while hanging out there? I’m sure it has happened. Do they have a weird ritual with a giant owl? Yep, Alex Jones showed that to the world.

My perspective is based on conversations with my friend and my belief that his father is not lying to him. I could be wrong and am open to evidence — like if boxer Ryan Garcia decides to produce evidence regarding his rape claims — and I do find it a bit strange the club would invite O’Keefe who is notorious for covertly filming, but Occam’s razor would lead me to believe the club is — as it was under my friend’s dad — run by boomer conservatives the extent of whose politics include disliking wokeness, immigration, and Biden (common subjects of O’Keefe’s work).

Therefore, I don’t find O’Keefe’s visit to the club indicative that he is some sort of Operation Mockingbird asset as Leslie tries to depict (however Mockingbird is a 100% legitimate conspiracy). I have also met James several times and even came close to joining OMG. While I disagreed with James on the significance of many of his stories — finding some to be overhyped and showy — I never doubted his conviction in them.

As for why Leslie’s story was squashed… all my sources told me it was to avoid jail time for Veritas executives.

Feel free to watch Leslie’s full documentary here and decide for yourself.

Fun fact — Justin Leslie was also the operative behind this mega-viral Project Veritas story where Pfizer’s director of R&D claimed the company was privately mutating COVID-19 behind closed doors:

Tyler Durden Tue, 03/12/2024 - 13:40

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Association of prenatal vitamins and metals with epigenetic aging at birth and in childhood

“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging…

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“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging biomarkers across the life course.”

Credit: 2024 Bozack et al.

“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging biomarkers across the life course.”

BUFFALO, NY- March 12, 2024 – A new research paper was published in Aging (listed by MEDLINE/PubMed as “Aging (Albany NY)” and “Aging-US” by Web of Science) Volume 16, Issue 4, entitled, “Associations of prenatal one-carbon metabolism nutrients and metals with epigenetic aging biomarkers at birth and in childhood in a US cohort.”

Epigenetic gestational age acceleration (EGAA) at birth and epigenetic age acceleration (EAA) in childhood may be biomarkers of the intrauterine environment. In this new study, researchers Anne K. Bozack, Sheryl L. Rifas-Shiman, Andrea A. Baccarelli, Robert O. Wright, Diane R. Gold, Emily Oken, Marie-France Hivert, and Andres Cardenas from Stanford University School of Medicine, Harvard Medical School, Harvard T.H. Chan School of Public Health, Columbia University, and Icahn School of Medicine at Mount Sinai investigated the extent to which first-trimester folate, B12, 5 essential and 7 non-essential metals in maternal circulation are associated with EGAA and EAA in early life. 

“[…] we hypothesized that OCM [one-carbon metabolism] nutrients and essential metals would be positively associated with EGAA and non-essential metals would be negatively associated with EGAA. We also investigated nonlinear associations and associations with mixtures of micronutrients and metals.”

Bohlin EGAA and Horvath pan-tissue and skin and blood EAA were calculated using DNA methylation measured in cord blood (N=351) and mid-childhood blood (N=326; median age = 7.7 years) in the Project Viva pre-birth cohort. A one standard deviation increase in individual essential metals (copper, manganese, and zinc) was associated with 0.94-1.2 weeks lower Horvath EAA at birth, and patterns of exposures identified by exploratory factor analysis suggested that a common source of essential metals was associated with Horvath EAA. The researchers also observed evidence of nonlinear associations of zinc with Bohlin EGAA, magnesium and lead with Horvath EAA, and cesium with skin and blood EAA at birth. Overall, associations at birth did not persist in mid-childhood; however, arsenic was associated with greater EAA at birth and in childhood. 

“Prenatal metals, including essential metals and arsenic, are associated with epigenetic aging in early life, which might be associated with future health.”

 

Read the full paper: DOI: https://doi.org/10.18632/aging.205602 

Corresponding Author: Andres Cardenas

Corresponding Email: andres.cardenas@stanford.edu 

Keywords: epigenetic age acceleration, metals, folate, B12, prenatal exposures

Click here to sign up for free Altmetric alerts about this article.

 

About Aging:

Launched in 2009, Aging publishes papers of general interest and biological significance in all fields of aging research and age-related diseases, including cancer—and now, with a special focus on COVID-19 vulnerability as an age-dependent syndrome. Topics in Aging go beyond traditional gerontology, including, but not limited to, cellular and molecular biology, human age-related diseases, pathology in model organisms, signal transduction pathways (e.g., p53, sirtuins, and PI-3K/AKT/mTOR, among others), and approaches to modulating these signaling pathways.

Please visit our website at www.Aging-US.com​​ and connect with us:

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Click here to subscribe to Aging publication updates.

For media inquiries, please contact media@impactjournals.com.

 

Aging (Aging-US) Journal Office

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