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Top Penny Stocks to Buy Today? Here’s 3 to Watch in 2021

Top penny stocks to buy today? Check these 3 out for your watchlist
The post Top Penny Stocks to Buy Today? Here’s 3 to Watch in 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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3 Penny Stocks to Watch Right Now

While 2021 still has over six months left, penny stocks remain at top of mind. And to find the best penny stocks to buy, investors often need to think outside of the box. It’s worth noting that both penny stocks and blue chips have traded mostly sideways in the past month or so.

This comes after a historic bull run that left many investors deep in the green. But, like all things, the market must correct and those who are investing in penny stocks right now, are feeling the brunt of this. 

However, while blue chips often follow a similar path throughout a trading day, penny stocks can trade independently from the larger market. This is because stocks under $5 trade more off of speculation than anything else.

So, if a company or industry puts out news or an announcement, corresponding stocks can rise or fall in value very quickly. However, if the S&P 500 is down or up, penny stocks won’t always rise and fall in the same trajectory. 

[Read More] 3 Hot Penny Stocks To Buy With Analysts Expecting Up To 383%

Because of this, even when markets are down, there is always an opportunity to be had with penny stocks. And right now, there are so many different factors at play, that creating a valuable penny stocks watchlist is more than doable. Considering all of this, investors need to also understand what is going on in the market. 

Right now, this includes everything from cryptocurrencies like Bitcoin and DogeCoin moving wildly, to the ongoing pandemic. With this in mind, let’s take a look at some of the top penny stocks to watch today. 

3 Top Penny Stocks to Watch Today 

  1. Color Star Technology Co. Ltd. (NASDAQ: CSCW
  2. Obalon Therapeutics Inc. (NASDAQ: OBLN
  3. TapImmune Inc. (NASDAQ: MRKR

Color Star Technology Co. Ltd. (NASDAQ: CSCW) 

Up by around 5% at midday is Color Star Technology. CSCW is a tech and NFT penny stock that we’ve been covering for several months at this point. For some context, it operates entertainment technology such as AI, blockchain, AR, and more. The company believes that these products will be the future of the entertainment industry, and it stands on the cutting edge. 

Recently, the company announced its move into the NFT or non-fungible token market. One aspect of this is the sale of the movie “Guilt” as an NFT. CEO of Color Star Technology, Mr. Luke Lu, states that “currently, NFT transactions in the market are very active, and we are optimistic about the applications of NFT technology in the entertainment industry. The launch of NFT products for a portion of our movie “Guilt” belongs to the first phase of our NFT development and application.” 

Additionally, the company announced only a day ago that it has signed into a Memorandum of Understanding or MOU through its wholly-owned subsidiary, Color China Entertainment Co., Ltd., and the South Korean company, Youa Group. 

The goal with this is to jointly develop an NFT application for the Hollywood Film Festival as well as for the International Film Festival databases. Lu states that “ We look forward to financing the cooperation with Movie Planet and Youa Group. The opportunity to work with a top Hollywood entertainment company and a Korean technology company will accelerate our own technological developments.”

Considering all of these exciting updates, will CSCW be on your list of penny stocks to watch?

Obalon Therapeutics Inc. (NASDAQ: OBLN) 

Another big gainer of the day is Obalon Therapeutics, pushing up by around 15% by midday. While many big gains go without news, Obalon made an exciting announcement today. Back in January, OBLN announced an all-stock merger with ReShape Lifesciences. After the merger completes, shareholders of OBLN would own 49% of the combined company. This merger has been ongoing for the past several months, leading to uncertainty about the future of the deal. 

However, today, Obalon announced that it urges all stockholders to vote for proposals relating to the merger. And while this is not a major deal in itself, it has larger implications for the future of Obalon and the merger with ReShape.

For some context, Obalon is a weight-loss-focused biotech company based in California. Its flagship product is the first and only FDA-approved swallowable, gas-filled intragastric balloon system for the treatment of obesity. Last week, OBLN reported its Q1 2021 financials. 

[Read More] 7 Penny Stocks to Watch With Crypto News Sparking a Market Dip

In the report, the company posted a net loss of $4.2 million, down from $5.3 million in Q1 2020. Additionally, it ended the quarter with around $9 million in cash on hand. While these numbers are not outwardly encouraging, they do show that the company is working hard to grow.

And while it reported no revenue as a result of Covid slowing operations, it aims to further commercialize this product in the coming months. And with only $0.4 million in debt right now, it looks like the opportunities for it to grow are relatively large. With this in mind, will OBLN be on your penny stocks watchlist?

Penny_Stocks_to_Watch_Obalon Theraperutics Inc. (OBLN Stock Chart)

TapImmune Inc. (NASDAQ: MRKR) 

TapImmune Inc. is a clinical-stage oncology company working on the development of T-cell immunotherapies for the treatment of hematological malignancies. It utilizes tumor-specific T-cells that allow the body to mobilize its defenses. Earlier in May, TapImmune announced its Q1 financial results for 2021. 

“We had a productive first quarter supported by our recently completed financing, strengthening our overall cash position and enabling continued growth and expansion of our Multi-TAA pipeline.

In addition, we continued to make strong progress on both the clinical and manufacturing fronts. In March, we dosed the first patient in the safety lead-in portion of our Phase 2 trial in post-transplant acute myeloid leukemia, or AML.” 

CEO of TapImmune, Peter L. Hoang

Financially, the company managed to raise roughly $56.5 million through an underwritten public offering, providing a solid cash runway for the foreseeable future. While it did report a net loss of around $8.8 million, this is largely offset by the sizable cash balance it has right now. 

This year, oncology-focused companies have become extremely popular among investors. And for this reason, shares of MRKR stock have also seen heightened interest. So, while investors should keep an eye on how much cash TapImmune is using right now, it looks like it is in an advantageous position moving forward. 

Penny_Stocks_to_Watch_TapImmune Inc. (MRKR Stock Chart)

Which Penny Stocks Are You Watching?

When finding penny stocks to buy, the best place to start is by understanding what type of investor you are. This can help to narrow down the list of penny stocks you’re watching from the thousands to just a few dozen. And, this will also help to align your portfolio with the right amount of risk for your comfortability.

[Read More] Small-Cap & Penny Stocks To Watch In May Hitting It Big In 2021

While not all penny stocks will be winners, using the tools at your disposal will help you to find the ones that are. Considering this, which penny stocks are you watching?

The post Top Penny Stocks to Buy Today? Here’s 3 to Watch in 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Mike Pompeo Doesn’t Rule Out Serving In 2nd Trump Administration

Mike Pompeo Doesn’t Rule Out Serving In 2nd Trump Administration

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

Former Secretary…

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Mike Pompeo Doesn't Rule Out Serving In 2nd Trump Administration

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

Former Secretary of State Mike Pompeo said in a new interview that he’s not ruling out accepting a White House position if former President Donald Trump is reelected in November.

“If I get a chance to serve and think that I can make a difference ... I’m almost certainly going to say yes to that opportunity to try and deliver on behalf of the American people,” he told Fox News, when asked during a interview if he would work for President Trump again.

I’m confident President Trump will be looking for people who will faithfully execute what it is he asked them to do,” Mr. Pompeo said during the interview, which aired on March 8. “I think as a president, you should always want that from everyone.”

Then-President Donald Trump (C), then- Secretary of State Mike Pompeo (L), and then-Vice President Mike Pence, take a question during the daily briefing on the novel coronavirus at the White House in Washington on April 8, 2020. (Mandel Ngan/AFP via Getty Images)

He said that as a former secretary of state, “I certainly wanted my team to do what I was asking them to do and was enormously frustrated when I found that I couldn’t get them to do that.”

Mr. Pompeo, a former U.S. representative from Kansas, served as Central Intelligence Agency (CIA) director in the Trump administration from 2017 to 2018 before he was secretary of state from 2018 to 2021. After he left office, there was speculation that he could mount a Republican presidential bid in 2024, but announced that he wouldn’t be running.

President Trump hasn’t publicly commented about Mr. Pompeo’s remarks.

In 2023, amid speculation that he would make a run for the White House, Mr. Pompeo took a swipe at his former boss, telling Fox News at the time that “the Trump administration spent $6 trillion more than it took in, adding to the deficit.”

“That’s never the right direction for the country,” he said.

In a public appearance last year, Mr. Pompeo also appeared to take a shot at the 45th president by criticizing “celebrity leaders” when urging GOP voters to choose ahead of the 2024 election.

2024 Race

Mr. Pompeo’s interview comes as the former president was named the “presumptive nominee” by the Republican National Committee (RNC) last week after his last major Republican challenger, former South Carolina Gov. Nikki Haley, dropped out of the 2024 race after failing to secure enough delegates. President Trump won 14 out of 15 states on Super Tuesday, with only Vermont—which notably has an open primary—going for Ms. Haley, who served as President Trump’s U.S. ambassador to the United Nations.

On March 8, the RNC held a meeting in Houston during which committee members voted in favor of President Trump’s nomination.

“Congratulations to President Donald J. Trump on his huge primary victory!” the organization said in a statement last week. “I’d also like to congratulate Nikki Haley for running a hard-fought campaign and becoming the first woman to win a Republican presidential contest.”

Earlier this year, the former president criticized the idea of being named the presumptive nominee after reports suggested that the RNC would do so before the Super Tuesday contests and while Ms. Haley was still in the race.

Also on March 8, the RNC voted to name Trump-endorsed officials to head the organization. Michael Whatley, a North Carolina Republican, was elected the party’s new national chairman in a vote in Houston, and Lara Trump, the former president’s daughter-in-law, was voted in as co-chair.

“The RNC is going to be the vanguard of a movement that will work tirelessly every single day to elect our nominee, Donald J. Trump, as the 47th President of the United States,” Mr. Whatley told RNC members in a speech after being elected, replacing former chair Ronna McDaniel. Ms. Trump is expected to focus largely on fundraising and media appearances.

President Trump hasn’t signaled whom he would appoint to various federal agencies if he’s reelected in November. He also hasn’t said who his pick for a running mate would be, but has offered several suggestions in recent interviews.

In various interviews, the former president has mentioned Sen. Tim Scott (R-S.C.), Texas Gov. Greg Abbott, Rep. Elise Stefanik (R-N.Y.), Vivek Ramaswamy, Florida Gov. Ron DeSantis, and South Dakota Gov. Kristi Noem, among others.

Tyler Durden Wed, 03/13/2024 - 17:00

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International

Riley Gaines Explains How Women’s Sports Are Rigged To Promote The Trans Agenda

Riley Gaines Explains How Women’s Sports Are Rigged To Promote The Trans Agenda

Is there a light forming when it comes to the long, dark and…

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Riley Gaines Explains How Women's Sports Are Rigged To Promote The Trans Agenda

Is there a light forming when it comes to the long, dark and bewildering tunnel of social justice cultism?  Global events have been so frenetic that many people might not remember, but only a couple years ago Big Tech companies and numerous governments were openly aligned in favor of mass censorship.  Not just to prevent the public from investigating the facts surrounding the pandemic farce, but to silence anyone questioning the validity of woke concepts like trans ideology. 

From 2020-2022 was the closest the west has come in a long time to a complete erasure of freedom of speech.  Even today there are still countries and Europe and places like Canada or Australia that are charging forward with draconian speech laws.  The phrase "radical speech" is starting to circulate within pro-censorship circles in reference to any platform where people are allowed to talk critically.  What is radical speech?  Basically, it's any discussion that runs contrary to the beliefs of the political left.

Open hatred of moderate or conservative ideals is perfectly acceptable, but don't ever shine a negative light on woke activism, or you might be a terrorist.

Riley Gaines has experienced this double standard first hand.  She was even assaulted and taken hostage at an event in 2023 at San Francisco State University when leftists protester tried to trap her in a room and demanded she "pay them to let her go."  Campus police allegedly witnessed the incident but charges were never filed and surveillance footage from the college was never released.  

It's probably the last thing a champion female swimmer ever expects, but her head-on collision with the trans movement and the institutional conspiracy to push it on the public forced her to become a counter-culture voice of reason rather than just an athlete.

For years the independent media argued that no matter how much we expose the insanity of men posing as women to compete and dominate women's sports, nothing will really change until the real female athletes speak up and fight back.  Riley Gaines and those like her represent that necessary rebellion and a desperately needed return to common sense and reason.

In a recent interview on the Joe Rogan Podcast, Gaines related some interesting information on the inner workings of the NCAA and the subversive schemes surrounding trans athletes.  Not only were women participants essentially strong-armed by colleges and officials into quietly going along with the program, there was also a concerted propaganda effort.  Competition ceremonies were rigged as vehicles for promoting trans athletes over everyone else. 

The bottom line?  The competitions didn't matter.  The real women and their achievements didn't matter.  The only thing that mattered to officials were the photo ops; dudes pretending to be chicks posing with awards for the gushing corporate media.  The agenda took precedence.

Lia Thomas, formerly known as William Thomas, was more than an activist invading female sports, he was also apparently a science project fostered and protected by the athletic establishment.  It's important to understand that the political left does not care about female athletes.  They do not care about women's sports.  They don't care about the integrity of the environments they co-opt.  Their only goal is to identify viable platforms with social impact and take control of them.  Women's sports are seen as a vehicle for public indoctrination, nothing more.

The reasons why they covet women's sports are varied, but a primary motive is the desire to assert the fallacy that men and women are "the same" psychologically as well as physically.  They want the deconstruction of biological sex and identity as nothing more than "social constructs" subject to personal preference.  If they can destroy what it means to be a man or a woman, they can destroy the very foundations of relationships, families and even procreation.  

For now it seems as though the trans agenda is hitting a wall with much of the public aware of it and less afraid to criticize it.  Social media companies might be able to silence some people, but they can't silence everyone.  However, there is still a significant threat as the movement continues to target children through the public education system and women's sports are not out of the woods yet.   

The ultimate solution is for women athletes around the world to organize and widely refuse to participate in any competitions in which biological men are allowed.  The only way to save women's sports is for women to be willing to end them, at least until institutions that put doctrine ahead of logic are made irrelevant.          

Tyler Durden Wed, 03/13/2024 - 17:20

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Part 1: Current State of the Housing Market; Overview for mid-March 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024
A brief excerpt: This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to star…

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Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024

A brief excerpt:
This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to start with inventory, since inventory usually tells the tale!
...
Here is a graph of new listing from Realtor.com’s February 2024 Monthly Housing Market Trends Report showing new listings were up 11.3% year-over-year in February. This is still well below pre-pandemic levels. From Realtor.com:

However, providing a boost to overall inventory, sellers turned out in higher numbers this February as newly listed homes were 11.3% above last year’s levels. This marked the fourth month of increasing listing activity after a 17-month streak of decline.
Note the seasonality for new listings. December and January are seasonally the weakest months of the year for new listings, followed by February and November. New listings will be up year-over-year in 2024, but we will have to wait for the March and April data to see how close new listings are to normal levels.

There are always people that need to sell due to the so-called 3 D’s: Death, Divorce, and Disease. Also, in certain times, some homeowners will need to sell due to unemployment or excessive debt (neither is much of an issue right now).

And there are homeowners who want to sell for a number of reasons: upsizing (more babies), downsizing, moving for a new job, or moving to a nicer home or location (move-up buyers). It is some of the “want to sell” group that has been locked in with the golden handcuffs over the last couple of years, since it is financially difficult to move when your current mortgage rate is around 3%, and your new mortgage rate will be in the 6 1/2% to 7% range.

But time is a factor for this “want to sell” group, and eventually some of them will take the plunge. That is probably why we are seeing more new listings now.
There is much more in the article.

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