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Best Penny Stocks To Buy Right Now? 5 To Watch Before September

August
13, 2021

9 min read

This story originally appeared on PennyStocks

Hot Penny Stocks For Your Watch List In August

What’s the definition of penny stocks? If you’re newer to trading, you might not realize that the Securities and Exchange Commission defines these as stocks under $5. While it might not make sense at first, the long and short of it is that the pool of small companies with lower share prices is vast and accounts for a large portion of the retail market.

Whether you’re a novice or experienced trader, the same trends and topics are evident. First, penny stocks carry plenty of risks. This can be attributed to price risk, volatility risk, and even company risk.

But, aside from the risks involved, there’s plenty of opportunities to capitalize on big rewards as well. If you look at current trends in the stock market today, I’m sure you’ll see what I’m talking about. Almost daily, Reddit traders using platforms like Robinhood and WeBull are scouring the market for low-priced stocks. In many cases, at least a handful end up breaking out big.

Just how big? The last few weeks have seen some penny stocks (now former penny stocks) rally into the multiple triple-digit percentages. Now, I will say that many have just as quickly retreated in share price, but the point is that you can make big money with penny stocks, and if you can handle a little risk, these low-priced stocks may be a good option for you to look into.

Best Penny Stocks To Buy [or avoid]

Will any of these be on your list of penny stocks to buy this month, or should you avoid them entirely?

MannKind Corporation (NASDAQ: MNKD)MICT Inc. (NASDAQ: MICT)Inuvo Inc. (NYSE: INUV)Aerpio Pharmaceuticals Inc. (NASDAQ: ARPO)RLX Technology Inc. (NYSE: RLX)

Penny Stocks To Buy [or avoid] #1: MannKind Corporation (NASDAQ: MNKD)

We’ve discussed MannKind over the last few months as shares have bounced between $3 and $6. Despite the last month or so being difficult in the market for MNKD stock, the company has remained steadfast in its mission to expand its offering.

In fact, MNKD has been much stronger over the last week, which may have a lot to do with the company’s latest earnings update. At the start of the week, MannKind reported strong Q2 results with an increase of 54% in revenue and, specifically, a 43% boost in Afrezza net revenue for the quarter. Afrezza is the company’s prescription glucose management product. Patients inhale the dry insulin powder to control high blood sugar meant for those with type 1 or 2 diabetes. This jump in sales was driven by increased manufacturing activity during the quarter. Something else to note is that aside from this commercial product, MannKind is working on the potential commercial launch of its Tyvaso DPI product.

MannKind’s collaboration partner, United Therapeutics (NASDAQ: UTHR), previously submitted an NDA to the FDA for its Tyvaso DPI product. This is a potential treatment for pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease. In response to the strong Q2 performance, Michael Castagna, Chief Executive Officer of MannKind, said, “I am really proud of how our team has executed so far in 2021 supporting the growth of Afrezza and preparing for the potential commercial launch of Tyvaso DPI.”

With this as the backdrop for a recent rally in MNKD stock, it could be a sign to have it as one of the penny stocks to watch heading into the second half of the month.

2. MICT Inc. (NASDAQ: MICT)

Another one of the penny stocks that has climbed recently is MICT Inc. Shares have risen from lows of $1.74 last week to highs this week of $2.06. One of the catalysts adding to this momentum was an analyst rating from Alliance Global. The firm started MICT with a Buy rating and a $4.25 price target at the start of August.

[Read More] Former Penny Stocks To Watch After Merck’s (MRK) Latest FDA Win

Furthermore, some industry momentum could also be helping give MICT stock a boost. Its subsidiaries, GFH Intermediate Holdings and Micronet Ltd, are involved in the rapidly evolving fintech and computing solutions industries. Obviously, the former has been a big focus in 2021. Everything from retail trading and online banking to digital currency and virtual payments has grown in popularity. Some of the conditioning to a digital financial platform can be credited to the global lockdowns last year. Now that economies are reopening, some of the pandemic-era habits remain in place, with fintech being one of them.

According to the company, last quarter saw the full development of the company’s stock trading platform with the soft launch and full roll-out earlier this summer. With second-quarter earnings slated for release next week, anyone looking at MICT stock right now should keep August 16th in mind. The company also plans to host a question, and answer portion during its earnings call before the opening bell.

3. Inuvo Inc. (NASDAQ: INUV)

On the “cheaper” side of things, Inuvo Inc. is a sub-$1 stock that has recently begun to perk a bit following its second-quarter earnings results. Despite missing on EPS, the company beat Wall Street’s expectations when it came to sales estimates. What’s more, second-quarter revenue for 2021 was 66% higher than that of the same quarter last year. Attributing to this growth, Richard Howe, CEO of Inuvo, said Inuvo’s IntentKey and ValidClick product lines experienced strong growth.

“During Q2 the IntentKey performed 74% better than our clients’ goals and its 50% year-over-year and 37% sequential growth are indicative of those results. We expect to see a continuation of double-digit year-over-year growth throughout the second half of 2021 and would expect Adjusted EBITDA to turn positive when monthly revenue run rates exceed $5.5 million.”Richard Howe

Inuvo’s product focus on providing its clients with targeted media and display advertising solutions for eCommerce applications. Obviously, with a rise in digital retail sales over the last year, companies in this category have gotten some attention. Clearly, for Inuvo, its revenue growth is evidence of that. Howe also gave guidance and set some expectations for the second half of 2021, saying, “We expect to see a continuation of double-digit year-over-year growth throughout the second half of 2021 and would expect Adjusted EBITDA to turn positive when monthly revenue run rates exceed $5.5 million.”

4. Aerpio Pharmaceuticals Inc. (NASDAQ: ARPO)

Biotech has certainly been a hot industry this year. Thanks to the global pandemic and focus on vaccine stocks, initially, retail traders have seen opportunities arise. In the case of Aerpio, the last few months have been strong for its stock. Since early May, shares of ARPO stock have increased more than 75% so far.

[Read More] Best Penny Stocks to Buy? Are These 3 Safe Bets in 2021?

Aside from excitement in biotech, the company’s recent milestones have also helped add momentum to the stock market. In particular, Aerpio has been in the middle of a merger with Aadi Bioscience to create a company focused on advancing cancer treatments.

Aadi’s precision therapies target genetically defined cancers with alterations in what are known as mTOR pathway genes. In short, mTOR connects other proteins and acts as a major component of two distinct protein complexes regulating different cellular processes. While the transaction hasn’t closed (yet), analysts have already grown bullish on the proposed deal. Earlier this quarter, HC Wainwright analyst Robert Burns upgraded Aerpio to a Buy and gave a $22 price target. Burns explained that the Aadi deal was “transformative” and that the merger could put the company on a “solid path towards becoming a self-sustaining, commercial-stage enterprise with a differentiated lead product having applicability across multiple specialty oncology indication.”

With this transaction expected to close in the third quarter, there’s now about a month and a half left to meet that milestone.

5. RLX Technology Inc. (NYSE: RLX)

Shares of RLX stock have been treading water over the last month. This comes after a botched IPO earlier this year saw its share price plummet from $35 to lows of $4.05 in July. Another contributing factor was fears that Chinese regulators would bring more rules to e-cig companies like RLX. You also can’t forget the confusion over Chinese IPOs and the access to US exchanges.

Needless to say, the last few weeks seem to have brought some steadying to the market for RLX stock. The e-vapor company’s shares have slowly bounced back by roughly $1 in that time. Now, heading into next week, RLX could be back in focus for some. The reason being is that the company is set to report quarterly results for Q2 2021 next Friday.

The company isn’t overly vocal on the newswires. However, we can look at its previous quarter’s results for a bit more guidance. Net revenues grew over 48% quarter over quarter (Q1 2021 vs. Q4 2020). Gross margins were also up quarter over quarter by nearly 43%, and gross profit jumped 59.1% during that same period.

Chao Lu, Chief Financial Officer, said, “Building on rapid revenue growth and continued efforts in improving operating leverage, our gross margin and non-GAAP net margin have remained steady in the first quarter. We will continue to pursue user value creation by enhancing our suite of product offerings and strengthening our brand leadership in the market.”

Looking For Penny Stocks To Buy? Start With Research & Education

If penny stocks appeal to you, then understanding how to trade them is the first step. We see too many people jump right into day trading without understanding how to actually do that. Most treat it similarly to a game of craps or roulette. But the fact of the matter is, you can learn to be consistently profitable trading even with cheap stocks like these. The key is having a proper strategy in place. If you’re just getting started trading, check out some of these articles:

Facebook Couples already allows you to create audio rooms and look for love abroad, this is how it works

The Facebook Couples platform introduced its new Audio Dates, Match Anywhere and Lucky Pick functions to help you find love, a partner or casual encounters, whichever comes first, get to know them and take advantage of them!

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August
13, 2021

4 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

To help its users find love more interactively and across borders, Facebok Parejas , the dating app on Mark Zuckerberg’s platform, added three very useful functions. One of the novelties is to be able to create audio rooms to chat with your ‘match’, and the other is that it will already allow you to expand your search abroad. While not as popular as other dating apps, Facebook Dating is striving to be competitive. With this in mind, the app implemented three important changes to improve the user experience and become a good option to find love, a partner or casual encounters, whichever comes first. Facebook Dating has helped match people through things they have in common, like interests, events and groups.We’re excited to announce new ways to help people find that special someone with the release of three new features: Match Anywhere, Lucky Pick and Audio Dates. – Alexandru Voica (@alexvoica)August 10, 2021 Audio Dates, the audio rooms on Facebook Couples One of the new features is the audio chats , which will allow users to start a voice conversation with the person of interest. To use it, it is enough for one of the two to try to initiate a call , the other person will receive an invitation and, if they accept it, they will be able to talk. This function can be very helpful in matters of security and trust, since by details such as the tone of voice or the ambient sound you can obtain more information about your ‘match’. Match Anywhere allows you to find a partner abroad A few months ago, Tinder made changes so that its users could meet people from other countries even if they were not there. Now, Facebook Couples is following suit and implemented the Match Anywhere feature, which gives you the option of setting up up to two additional locations outside of your ‘home’ city to search for potential mates. Match Anywhere is intended for those who move frequently or travel constantly, It is also a way to adapt to the needs of the new normal, a scenario in which people can work remotely from anywhere temporarily, and not a few they have become digital nomads. Lucky Pick, when Facebook Dating finds the partner you were NOT looking for The platform presented a third tool called Lucky Pick, to help those who do not know what they want, or who are tired of searching and prefer that Facebook Dating is to set up a ‘blind date’. This feature “invites people using this platform to consider other compatible candidates that may be outside of their typical preferences,” Alexandru Voica, Facebook spokesperson in EMEA, explained on Twitter. In the Twitter thread where he explains each of the new functions, Voica pointed out that in the last year people have adopted virtual dates, so the use of the Virtual dates function has grown more than 50%. Also the number of messages sent daily increased by 55%, especially on Sundays at 7:00 p.m., which is the most popular time to search for love online.

Meet Rodolfo Medina Jr: Entrepreneur Providing Medical Supplies For The Disadvantaged In The Philippines

Meet Rodolfo Medina Jr: Entrepreneur Providing Medical Supplies For The Disadvantaged In The Philippines

During the COVID-19 pandemic the entire world has struggled with millions of deaths, jobs impacted and many people subject to lockdowns and not being able to see loved ones. However, many third world countries have struggled more than most due to a lack of resources and infrastructure to ensure people get what they need. One entrepreneur who has been working to help people in the Philippines get affordable medical supplies is Rodolfo Medina Jr, CEO of Medical Depot. 

Early Beginnings 
Rodolfo grew up in Manilla in the Philippines. He came from a business orientated family so grew up around entrepreneurship and by 8 years old was already running errands for his parents in their medical supplies store which they lived above. When he turned 14 his parents entrusted him with managing the store which meant whilst many of his peers were out playing he was not. This continued into his later teens when he decided to start his own medical supplies company Genesis Medical Supplies whilst attending university. 
The reason he started a medical supplies company was seeing an obvious need in the Philippines where there was a significant shortage of medical supplies in the country. As someone who grew up wanting to work in public service he felt he could use the knowledge he had built up working with his family to help provide for these people. He managed this business up until 2020 when he was made CEO of his family’s business. 

Growing The Business & Future Plans 
Upon becoming CEO of his family’s business, Medical Depot, he immediately wanted to expand the business with an emphasis on getting medical supplies to people who need them the most. COVID-19 was in full swing and many people were struggling to get access to PPE equipment or the disinfectants they needed for their homes. The way they tackled this was with a ‘3-in-1 concept’ where they would offer customers a convenience store, e-commerce and their new telehealth-ecommerce service where you can discuss your symptoms directly with a doctor and be prescribed medicine through their app. This ensured during the pandemic people could get all of their supplies at Medical Depot stores minimising the time they spent interacting with others. The concept has been a huge success and the company intends to roll out further stores across the Philippines. 

In addition to being CEO of Medical Depot Rodolfo has also founded a hotel business, Jardin Oriental Suites, where they provide low cost short term accommodation for those who can’t afford hotels. Whilst they expected to lose business during the pandemic they actually thrived as many workers coming to the region to help manage the COVID-19 outbreaks ended up staying there and Rodolfo and his team could ensure the property was protected from COVID-19 given their knowledge in the medical field. 

COVID-19 has proven to be extremely tough on lower income countries, people like Rodolfo pivoting their businesses not only to make money but to help will ensure we come out of the pandemic stronger.

Britney Spears is (almost) free! His father, Jamie Spears, resigned from being his guardian after 13 years

The #FreeBritney movement appears to be paying off, as Britney Spears’ father has finally agreed to step down as’ The Princess of Pop ‘tutor after 13 years of absolute control over her life, career and fortune.

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Not Your Inbox

Stay informed and join our daily newsletter now!

August
13, 2021

4 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

This story originally appeared on Nupcias

#FreeBritney will soon be a reality, or at least that transpired this Thursday. Jamie Spears , Britney Spears’ father, has finally resigned from the legal guardianship that gave him full control over his daughter’s life, career, and that for 13 years. The 69-year-old, who controls all aspects of the blonde’s life, “does not believe that a public battle with his daughter for her service as a guardian is in her best interest,” reads a document obtained by TMZ . It was also reported that the decision is written in documents that were delivered to the Los Angeles Court. Thus, the father of the interpreter of ‘Oops!… I Did It Again’ finally he will delegate his tutelary function. Last June, when giving her applause during a hearing via Zoom, Britney Spears recounted what it has been like to be under the guardianship of her father and asked the Los Angeles court judge to give her the reins of her life back. Since 2008, James Parnell Spears has had legal custody of the singer. Britney says her father controls every aspect of her life, from bank accounts to her uterus. She has expressed that she wants to be a mother, but they placed an Intrauterine Device (IUD) and her father has prevented her from going to the doctor to remove it. Although we do not know the details of the mental problems that afflict the singer, in the hearing it was revealed that for more than five years, the doctor modified the treatment also at the express request of the father. “It is a very, very strong medicine compared to what I was taking. It can cause you mental damage if you take too much or extend it for more than five months. He prescribed it and I felt drunk. I couldn’t even have a conversation with my mom or dad , ”the singer explained. This news, which is undoubtedly a victory for Britney Spears’ fight for her freedom months ago, does not mean that she has already won the battle. He will continue with a guardian, only that he will no longer be his father. It is yet to be confirmed who will have custody of the pop diva from now on, but many hope that the designated person will help the 39-year-old singer regain her freedom and autonomy, and exercise the power she will have over her ethically. .