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The Bull Run 2025 has been triggered! Target $5.00 - $10.00Why I Proposed to NASDAQ:ANNX today? When will we get married? We all know the golden rule of trading penny stocks keep emotions out of it. Let logic dictate your moves, and don’t overdo the due diligence, because today’s small-cap darling can be tomorrow’s micro-cap disaster. But today, I took a big chunk of my gains from a penny stock account and decided to put a ring on $ANNX. This stock is like a tiny wildflower in a crowded field easy to overlook until you get up close with a magnifying glass. Let’s skip the poetry and get straight to the facts: 1. ANX005 – The Dark Horse in Neuromuscular Treatment ANX005 is a strong contender in the treatment of Guillain-Barré Syndrome (GBS) and muscle atrophy. The drug has shown better-than-expected results in Phase 3 trials, which is huge. Institutional investors and major banks seem to have caught the scent of a potential commercial breakthrough, given how far ANX005 has progressed toward FDA approval. 2. ANX007 – A Potential Game-Changer for Vision Loss The FDA has greenlit Phase 3 trials for ANX007, aimed at treating Geographic Atrophy (GA), a severe form of retinal degeneration. While final results are still pending, ANX007 is one of the few treatments at this advanced stage that protects and enhances vision without needing to shrink lesions. If it clears this hurdle, this could be a massive win in ophthalmology. 3. Cash Reserves > Market Cap – A Financial Fortress Here’s where things get really interesting ANNX’s total cash reserves exceed its market cap. With only $44M in R&D costs and $9M in operational expenses, ANNX stands out among biotech penny stocks, most of which burn through cash and constantly dilute shares just to survive. Unlike them, ANNX has enough runway to last at least 8 more quarters without raising additional capital. That means no dilution risk for the next two years a rare luxury in this space. 4. Smart Clinical Trials Strategy ANNX has prioritized international trials outside the U.S., particularly in Southwest and Southeast Asia, where costs are lower and patient enrollment is faster. While some skeptics may question data transparency, the strategy accelerates timelines and saves money. The FDA still approved ANX005 and ANX007 for their final stages, which speaks volumes about the trial results. 5. Commercial Potential – $600M Market Opportunity The U.S. market alone could support 5,000 patients annually, translating to a potential $600M revenue stream per year. This doesn’t even factor in international markets. Price Targets and Institutional Sentiment Despite ANNX’s strong fundamentals, risks remain biotech investing is never smooth sailing. That said, I’m rating NASDAQ:ANNX a Moderate Buy and holding for at least 3 months, expecting a run to $4.00 –$6.00 by Q3 2025 and potentially $7.50 - 10.00 during Christmas 2025. Meanwhile, big players like: Wells Fargo, JP Morgan, and Bank of America almost have the same consensus target of $14. Needham says $16, HC Wainwright is going full send with $20. Total 7 Strong Buy, 0 Hold or Sell. Bonus Tip: Follow the Options Flow Take a peek at NASDAQ:ANNX ’s options chain. The big dogs have been scooping up ITM and ATM call options aggressively a classic sign that they’re loading up for a serious move in the next six months. If you’re worried about macro risks like tariffs, economic slowdowns, or financial crises, hidden gems in biotech might just be a solid "cave". Beware short sellers, there are always sharks in the Pennystocks forums waiting for posts like this to trigger their greed. But, I bought the share by profit, target to long term, I don't mind the Daily chart, just look at Weekly and Monthly charts. Ready to DCA when ANNX drop to $1.00. Just cut loss whenever the really Bad-news is real and confirmed. Here’s hoping my wedding day arrives when NASDAQ:ANNX hits $10.00. (Disclaimer: ChatGPT helped me research and write this article, as Biotech is not my primary field. This is just my personal analysis. Not financial advice at all. Trade responsibly.)
NASDAQ:ANNXLong
by ChungKhoanMy
Penny Stocks vs Forex: Advantages and ChallengesPenny Stocks vs Forex: Advantages and Challenges Penny stocks and forex trading offer potential opportunities and challenges, appealing to traders with different goals and risk tolerances. This article explores how the speculative nature of penny stocks compares to the dynamic forex market, examining their key characteristics, risks, and potential rewards. Understanding Forex Trading Forex trading involves the exchange of currencies in a global, decentralised market. What Is Forex Trading? You already know what the forex market is. However, to make our article comprehensive, we should mention its unique characteristics. Forex, or foreign exchange trading, is the process of buying and selling currency pairs to take advantage of changes in their relative values. It is the largest financial market in the world, with an average daily trading volume exceeding $7 trillion (as of April 2022). Unlike traditional stock markets, forex operates without a central exchange and functions 24 hours a day, five days a week, allowing traders from different time zones to participate. Currencies are traded in pairs, such as EUR/USD or GBP/USD, where the value of one currency is quoted relative to another. Traders aim to take advantage of the market by speculating whether a currency pair's value will rise or fall based on market movements. Where Are Currencies Traded? Forex trading occurs in the over-the-counter (OTC) market, facilitated by a global network of banks, financial institutions, and individual traders. Trading takes place in three primary sessions: the Asian, European, and North American, ensuring a nearly continuous market. The primary platforms for forex trading are electronic trading networks and broker-provided software. Retail traders often access the market through brokers offering leverage, enabling them to control larger positions with smaller capital. While leverage amplifies potential gains, it also increases the risk of significant losses. Major Driving Factors and Risks Forex prices are influenced by several key factors, including economic indicators, geopolitical events, and central bank policies. Economic reports like GDP growth, unemployment rates, and inflation can cause significant price swings. For instance, a strong employment report might boost the value of a country's currency, while political instability could weaken it. Geopolitical events such as elections or conflicts can also lead to sudden volatility, making it difficult to analyse price movements. Central banks play a critical role, as interest rate changes or monetary policy shifts can strengthen or weaken a currency's appeal to investors. The forex market is known for its liquidity, especially in major currency pairs like EUR/USD and GBP/USD. However, high liquidity does not eliminate risks. Forex trading involves exposure to leverage, meaning even small market movements can result in significant losses. Additionally, global economic uncertainty can create tricky market conditions, requiring traders to exercise caution and implement sound risk management strategies. Understanding Penny Stocks While looking for their best penny stocks to purchase, traders approach this segment with a balanced perspective and conduct thorough research. What Is a Penny Stock? The penny stock definition refers to shares of small-cap companies trading at a low price, typically below $5 per share. They distinguish themselves from larger stocks by their market capitalisation, which is usually below $250 or $300 million. Penny stocks today could be found in industries characterised by small, emerging enterprises, such as technology, biotechnology, renewable energy, mining, and pharmaceuticals, where companies seek capital investment to fund early-stage development and growth initiatives. Penny stocks are often associated with the term "Pink Sheets'', which originated from the practice of displaying price quotes for stocks traded over the counter on pink-coloured sheets of paper. Where Are Penny Stocks Traded? Like currency pairs, penny stocks can be found in the over-the-counter (OTC) market, which serves as a decentralised space where securities are traded directly by a network of market participants. It’s unlikely you will find them on large stock exchanges; however, there are exceptions. As companies traded in the OTC market are subject to less strict reporting requirements, it’s vital to be careful when choosing a platform for penny stock trading and investing. The requirements for filing financial information to regulatory authorities play a crucial role in choosing a trading platform. Marketplaces such as OTCQX, within the OTC Market Group, attract companies committed to transparency and stringent disclosure standards. In contrast, the Pink market, which also operates within the OTC Market Group, is a less regulated tier, allowing securities to trade while complying with few financial standards. Major Driving Factors and Risks Penny stocks are highly sensitive to perceived opportunities for quick and substantial returns. Associated with small, less-established companies, for which financial data is often scarce, penny stock prices may surge unexpectedly on news about the company's progress, such as product launches, partnerships, and financial results. Another significant consideration in penny stock trading is dilution. The number of outstanding shares may escalate due to mechanisms like employee stock options, share issuance for capital raising, and stock splits. When a company issues shares to secure capital, a common necessity for small enterprises, it often leads to a dilution of ownership percentages held by existing investors, which exerts downward pressure on the share price. How Do Penny Stocks Compare to Forex? Below, we discuss various aspects in which penny stocks and forex trading can be compared. Risk Level Penny stocks carry risks, primarily due to their potentially higher volatility, lower liquidity, and less availability of financial information. Prices can experience sharp fluctuations, particularly in the most volatile penny stocks often influenced by speculative trading or news events related to the issuing company. Penny stocks are usually less regulated than large-caps, which makes thorough research essential for investors and traders aiming to capitalise on price swings in these markets. As with any financial market, the forex market presents risks. Currency fluctuations, driven by factors such as interest rates, inflation, and economic data releases, can lead to rapid market movements. Geopolitical events, including elections or conflicts, can further amplify volatility. Additionally, forex trading often involves leverage, which allows traders to control larger positions with relatively small capital. While this magnifies potential returns, it also increases the risk of substantial losses, making risk management critical in forex trading. Potential Opportunities Due to their low share prices, penny stocks could offer potentially high returns if the market moves favourably. Emerging companies in this segment often attract attention after announcing major developments, such as product launches or partnerships, creating conditions for sharp price increases. However, this also makes them high-risk assets. Even the best low-price stocks don’t guarantee future growth, and the lack of historical performance data for many small-cap companies can make analysis challenging. Thorough research and careful asset selection are essential to navigate these penny stocks. Forex trading also presents potential opportunities, primarily through significant fluctuations in currency values. Major currency pairs usually experience high liquidity, which could enable traders to enter and exit positions efficiently. Leverage enhances the potential for returns by allowing traders to control larger positions with smaller capital, but also equally magnifies the risk of losses. Liquidity Penny stocks often face challenges related to liquidity, as their lower market capitalisation can result in fewer buyers and sellers. Major currency pairs, on the other hand, are known for their high liquidity, given the vast number of participants involved, including major financial institutions and central banks. Contrasting liquidity in penny stocks with forex emphasises the different trading environments and potential impact on trade execution when defining your best way to trade penny stocks and currency pairs. Accessibility and Learning Curve Penny stocks are often seen as an accessible option for investors due to their low cost, allowing individuals to start trading with a minimal investment. However, for traders seeking the best penny stocks to invest in 2024 or any other year, a combination of research and careful market analysis is critical to mitigate risks potentially. Limited availability of information can make the learning curve steep, requiring diligence in research to avoid potential pitfalls. Forex trading offers unparalleled accessibility, as the market operates 24/5 and allows traders to enter with relatively low capital through leverage (please remember about increased risks caused by leverage). However, while forex provides abundant educational resources and tools, understanding the complexities of global economic indicators, currency correlations, and leverage management presents a challenging learning curve that demands continuous effort and skill development. Key Considerations for Traders Navigating penny stocks or forex trading requires a clear understanding of various factors that impact decision-making and performance. Below are some key considerations for traders in these markets. Risk Tolerance and Goals Every trader should evaluate their risk tolerance and align it with their goals. Penny stocks are highly speculative and popular among those with a higher risk appetite and a willingness to accept volatility. Forex trading, with its leveraged positions and fast-paced environment, demands similar self-assessment. Traders should clearly define their objectives and choose their strategies accordingly. Time Commitment and Market Knowledge Trading in either market requires a significant investment of time and effort to build knowledge and expertise. Penny stock traders should sift through limited financial data and monitor company developments closely. Forex traders need to stay informed about global economic trends, geopolitical events, and currency movements. Both markets demand continuous learning to refine strategies and adapt to changing conditions. Costs and Fees Understanding trading costs is essential. Penny stock transactions often come with higher broker fees, particularly in over-the-counter (OTC) markets, which can eat into potential returns. Similarly, forex traders face costs such as spreads, commissions, and overnight swap fees for holding positions. Comparing platforms and selecting one with competitive rates is vital. At FXOpen, you can trade currency pairs with spreads from 0.0 pips and low commissions from $1.50. Importance of Diversification and Education Diversification may help potentially mitigate risk by spreading investments across multiple assets or markets. In penny stocks, this may involve selecting shares from various industries, while forex traders could trade a mix of major, minor, and exotic currency pairs. Additionally, both types of traders take advantage of ongoing education. Accessing resources like webinars, articles, and demo accounts can deepen understanding and potentially improve performance. Emotional Discipline Emotions can cloud judgment, leading to impulsive decisions. Traders should develop emotional discipline to stay consistent with their strategies, especially during periods of potential loss or high volatility. Establishing rules for entry, exit, and position sizing—and sticking to them—helps maintain objectivity and control. Conclusion Forex and penny stock markets share similarities, but they differ significantly in their market structures, liquidity, and goals. Traders should weigh all the relevant factors to navigate these distinct markets. Penny stocks and forex aren’t the only options for trading. You can open an FXOpen account and apply your trading strategies to over 700 markets. Enjoy tight spreads from 0.0 pips and low commissions from $1.50. FAQ What Are Penny Stocks? The penny stock meaning refers to shares of small-cap companies that typically trade at less than $5 per share. These stocks are often associated with emerging or niche industries and are traded in over-the-counter (OTC) markets or less frequently on major exchanges. How Do Penny Stocks Work? Penny stocks are bought and sold like any other stock, but they often trade in lower volumes and with less transparency. Investors may aim to take advantage of price fluctuations driven by company news or market speculation. What Is Penny Stock Trading? Penny stock trading involves buying and selling low-priced stocks in an effort to capitalise on their volatility. This type of trading requires thorough research due to limited financial data and high risks. What Is the Penny Stock Rule? The penny stock rules, established by the SEC, require brokers to disclose the risks of trading penny stocks and verify that trades are suitable for investors. This rule may help protect traders from potential fraud. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:ATAIEducation
by FXOpen
1
Snow lake resources = life changing moneySnow lake has been developing an admirable portfolio of drill sites to their repertoire. With multiple drill sites containing a slew of significant resources, and the snow lake site appraised with an estimated NPV of 1.7 billion. This company seems like a no brainer. Their drill site results should be published soon this month or in Feburary, and they have done three cash offerings to raise cash on hand and capital. The company is well positioned to drill on their sites. I have estimated that they will be making 150 million a year in revenue just off of the lithium in their snow lake site. They have found Uranium and Gallium at their drill sites as well. Gallium is crucial for semiconductor fabrcation and is considered one of the most valuable resources on this day. Most of Gallium and semicoductor production is found in Taiwan and this discovery raises an eye when it comes to valuation on this company. With Ai needing more power for the data centers Uranium/nuclear power has become a major point when it comes to pwoering these data centers. With a market cap of 100million currently this company is considered seriously undervalued with just the estimated profit from lithium drilling at snow lake. I think you will see this company reach a valuation of around 1billion-5billion and you might see these shares rise up from around 1.00 to 20-40 dollars a share in a few years time. Thanks, Ben
NASDAQ:LITMLong
by benarcotta
3
LXRX PENNY BIOTECH SHORT SETUPNASDAQ:LXRX LXRX has gained over 100% in the past month However it appears to be forming a double top in a potential short trade setup on the two hour chart. The K/D crossover on the hot RSI oscillator provides confirmation. Short Sale Volume is rising in the past two days. Findamentals - LXRX has a new medication for heart failure a common medical problem with a massive market It recently launched a public offering to raise capital to fund general operations and in doing so diluted the share holders. The good news is it is unlikely to do another in the near term. An entry would be at the current price with a stop loss above the highest volume bar on the profile. The first target is the POC of the volume profile about a 15% price drop . The second target is the pivot low on August 1st for another 15% drop. Taking of 1/2 at each target yields an expected 23% return over a period of about 5 trading days since drops are faster than rises. The call options of mid September have low volumes so I will not consider them.
NASDAQ:LXRXShort
by AwesomeAvani
NILI.V Possible Trend Reversal & Entry - First AnalysisNILI.V (Surge Battery Metals) Candlesticks: This past week NILI.V closed Thursday with a dragonfly doji candle, followed by a bullish engulfing on friday. The last time a dragonfly doji appeared was on September 9th, which marked a trend reversal that resulted in a 90% in price over 45 days. Technical Indicators: MACD on the daily is about to crossover indicating a possible shift in momentum from bearish to bullish. Possible Entry: looking for a confirmation on the trend reversal on Monday with a candle closing above the downward channel that Nili has been trading in over the past couple weeks. If that happens I will take a long position and be looking for profit taking opportunities at .40, .45, and .50 cent price ranges. I am new to trading and this is my first analysis. Let me know what you think and if I got anything wrong here, any feedback is appreciated!
TSXV:NILILong
by CanuckTraderMike
2
$CHSN Short signal (my trading dairy)I will short trade NASDAQ:CHSN today if it started to rise after open, here is my reason: 1. Market maker sold out: the price reached the resistance level from previous high with high volumes, which means half shares of the market cap has already sold. personally, i think those sold shares belong to the market maker. 2.Negative news: SEC has ordered a suspension of trading in the company's securities on Oct 9, 2024 due to price manipulation activities. 3.Huge remained short volume Compared to the volume and daily short volume of Oct 4th, Oct 7th, and Oct 22th, we could discover there is huge remained short volume. Therefore I will short trade it tonight if it follow my expectation.
NASDAQ:CHSNShort
by xugina78
MHUA Chinese Med Tech Penny StockMHUA is shown here on the daily chart. It is currently trading at about 90% off its high of the year. It is in the high volume area of the long term volume profile suggesting there is sufficent liquidity to support active trading. Recent volume spikes suggest buying volume increases with the spikes being about 10X relative volume. Price is over the POC line of the volume profile demonstrating that buying pressure exceeds selling pressure. Price is at or near to one standard deviation below the mean anchored VWAP and so in the undervalued area as confirmed by the RSI Stochastic < 20 %. Chart patterns include an engulfing " big ass " candle on 5/1 and a three-bar strike with another engulfing green candle on 5/12. Both of these could be considered long entry signals especially when supported by the price above the POC and the RSI. I will take a position risking 0.25% of the trading account to begin the trading week. I am targeting a gain of $15.00 per share being a 50% retracement back to the high YTD and a 300% return on investment. I will take a 100 share position and close 10 shares each time the price rises by $2.00. This will adequately mitigate the risk of a volatile penny stock while adequately rewarding the risk taken.
NASDAQ:MHUALong
by AwesomeAvani
IPW - a penny energy stock LONGIPW on the 60 minute chart has went 3X since a big beat on earnings and revenue a couple of weeks ago Price peaked at the 3.4 area in the post earnings move higher had has now faded to 1.9 in a healthy pullback and Fib retracement. The down trend from the pivot high on 5/17 ended with a bottom and a golden cross of moving averages on May 22nd. The all-time high for was in the range of 8 back in 2022. I see IPW as having as much as 400% upside. I will take a swing long trade and likely carry it to the next earnings in about 11 weeks. The entry stop loss will be 1.7 to be raised as the trade progresses.
NASDAQ:IPWLong
by AwesomeAvani
WKHS a risky penny EV StockWorkhorse could start working again as the 50 minute chart is showing a suggestion of a reversal after a long trend down. Price has passed over the longest moving average which is a SMA20. The EMA cloud ( 100, 200, 300) is starting to turn up and price has crossed over it. All in all, there are some golden crosses here. Blue buying volume spikes are seen on the relative volume indicator and they are about six times the running mean. In a bit of divergence the price volume trend has oscillated up. Overall, this is a penny stock with a price under $ 1.00 It appears to be starting a trend up. I will zoom into a lower time frame and find a optimal entry. I amy get call options as well. The risk in the trade should be limited by a stop loss wide enough to allow for a true range or even twice that. My target is about 1.15 the price level at the time of the last good earnings report. This is about 300% upside. It will probably never get there but hay you never know. Stranger things have happened.
NASDAQ:WKHSLong
by AwesomeAvani
8
NYCB could bounce back from the inflation report LONGNYCB on the 30 minute chart had an abrupt reaction to the inflation report. This is not a surprise. Many traders and investors know that banks make more money when the prime rate is lower because they do not need to pay much on savings accounts and deposit certificates. NYCB has been challenged and is more volatile than the average bank stock being a penny stock with hard fundamental issues. NYCB has reversed and the relative volume indicator shows the flip. Price has climbed back into the lower part of the high volume area of the profile which shows some bullish momentum. I see this as a risky long trade but still take it for the quick 6-7% upside back to the POC line of the volume profile. The stop loss will be the low pivot of the prior trading session.
NLong
by AwesomeAvani
BCAB post earnings is set up LONGBCAB a medical technology penny stock had a good beat on earnings. This means the cash burn was only 70% of what was expected. On the strength of that traders reached. The indicators suggest more upside including RSI lines crossing over the 50 level and the MACD lines bouncing up on the approach to the zero horizontal line. The supply and demand curves crossed. The Luxalgo predictive algorithm doing a pattern lookback analysis has a trend up. I will take a long trade here attempting to get a good piece of the move for realized profit.
NASDAQ:BCABLong
by AwesomeAvani
1
LUNR a space exploation penny stock with momentum LONGLUNR got an injection of trader and investor interest this week on the news that their lunar lander ( robotic unmanned) is launch ready. While it is a publically owned company, 50% is insiders, 40% retail investors and 10% institutions. In is in the shadow of NASA in Houston from whom it has drawn employees. Of particular importance last spring when there was a news catalyst , price went to the moon into the 45 level. This time around is early in the cycle. In February from liftoff to descent and landing took two weeks. Volumes topped out at 7M shares per day. Current volume is about 760K. Price was flat in the Friday after-hours trading on expected diminished trading. I expect LUNR to be actively traded until the news starts getting old. After that, the 50% insiders some of what are just rank and file employees but some of which are executive types with larger share quantities may find away to augment the news cycle. My stop loss is 5 at the Friday afternoon low pivot. My target is near to the head and shoulders of the February high pivot. I especially note a 425% earnings beat ( they only burned 20% of the cash burning projection set by the analysts. Earnings is soon to arrive. This could turn out to be a Tim Sykes' "supernova" with news digestion associated momentum synergized with another earnings beat ( the earnings is probably all grants from NASA and the Pentagon). I assert this could turn out to a a great trade.
NASDAQ:LUNRLong
by AwesomeAvani
3
$SFRX Long with price target of 2020 high 0.0179¢Seafarer Exploration’s SeaSearcher drone is set to take the treasure-hunting world by storm The current SeaSearcher prototype, getting put to the test in Florida As any frequent viewer of the Discovery Channel will know, the search for sunken treasure typically involves sifting through the sand, just hoping to unearth gold or silver. The SeaSearcher underwater drone, however, may soon point clients right to the booty. Currently in functioning prototype form, the battery-electric SeaSearcher is being developed by Florida startup Seafarer Exploration. It was designed by engineer Tim Reynolds, CEO of partnering company Wild Manta. The vehicle's big claim to fame is that it can detect – and differentiate between – various types of metal buried up to 10 meters (33 ft) beneath the seabed, creating and relaying a 3D digital map of their location. "I've been given the rights to salvage old Spanish and other types of wrecks along the coastline, here in Florida," Seafarer CEO Kyle Kennedy told us. "All these ships used to dock in Havana, they would load up with gold from the New World, and head up the Gulf Stream before heading across the ocean. Storms would sink them, on their routes. There's over a thousand of these shipwrecks, but the problem is, there's never been equipment that would show you where gold and silver was, under the sand." The exact means by which the SeaSearcher does allegedly show you is a closely guarded trade secret. However, we have been told that the drone can descend to depths of up to 100 m (328 ft), then cruise about 1 m (3 ft) above the seafloor, emitting electromagnetic, RF and acoustic waves of varying modulation formats as it does so. Utilizing machine-learning-based algorithms running in real time, it analyzes the manner in which any buried metal objects are "energized" by those waves. As a result, the vehicle is reportedly able to determine the depth at which those objects are located, along with the type of metal they're made of. The SeaSearcher's operator interface displays a 3D map showing the location of buried metal objects Seafarer Exploration In a field test recently conducted at a Florida wreck site, the SeaSeacher didn't find any gold or silver, but it is claimed to have identified brass, iron, copper, aluminum, lead and stainless steel items. The geographical location of the detected metals is determined in two ways. First of all, since radio waves don't travel well through the water, the SeaSearcher tows a floating buoy along the surface above itself. The GPS coordinates of that buoy are recorded and transmitted to the crew, aboard a nearby support boat from which the SeaSearcher was launched. That said, strong currents or rough weather can cause the buoy to end up a fair distance away from the drone – after all, the cable by which it's towed has to contain some slack, meaning it doesn't go straight down to the SeaSearcher. For that reason, a triangulation system developed by the US Navy can also be used. It incorporates a submerged platform which hangs over the side of the support boat, where it sends and receives sonar pings to and from the drone. A rendering of the 2nd-generation SeaSearcher, which will be optimized for use in a towfish configuration Seafarer Exploration The SeaSearcher can be used as an ROV (remotely operated vehicle), an AUV (autonomous underwater vehicle) that follows a preprogrammed search pattern, or in a towfish setup, wherein it's towed behind a boat. Since Seafarer doesn't want competitors getting their hands on the technology and figuring out precisely how it works, plans call for the company to instead offer the SeaSearcher and an operator as a service to treasure-hunting clients. Kennedy believes that the service should be available within six months. In the meantime, he hopes to raise funds by using the drone to discover some sunken treasure of his own. "The world doesn't believe that this device works, right now," he said. "As soon as we prove that it works on treasure, we'll do some white papers and independent tests and all that good stuff. But right now, all I need it to do is show me some massive amounts of gold and silver, and then I don't really care what the world thinks." Learn More Here: newatlas.com
OTC:SFRXLong
by astrothtrader
2
IND penny IT with the earnings beat no more cash drain LONGIntellicheck validates identities for financial services, fintech companies, BNPL providers, e-commerce, retail commerce businesses, and law enforcement and government agencies across North America. Intellicheck can be used through a mobile device, a browser, or a retail point-of-sale scanner. Volume, Volatility and Price Breakout on the 60-minute chart. Relative Volume was beyond 10X The predictive algo has a continuation for Monday with a momentum fade over 4.25 topping at 4.5 I will take an intraday trade here potentially buying in the premarket. The target is the high pivot forecasted by the algo about 30& upside. I will set a 7.5% stop loss and risk 0.01% of capital in the trading account. I will take off 25% upon reaching 4.0 another 50% at 4.50 and the remaining 25% with a 5% trailing stop loss to ride the momentum fade. This is probably not shortable. The April monthly options pumped 6x to 30x on the earnings report. They will have continuation on Monday 3/26 after that the put options will be in play. The small call options chain is embedded in the chart. Earnings come again in May. I will reenter this trade until after the current pop and drop is completed. Then in late April to look I will reenter looking for a repeat of the present price action.
NASDAQ:IDNLong
by AwesomeAvani
Write off Kibo Energy off your time wastersThese are the type of stocks that I don't even give one breath of a time to see. Yes I'm doing that now, but the thing is there are MANY traders who think these are the stocks they can buy at 1 cent and hold to 4c - 400% return and this can lead to one of three ways. 1. You hold forever 2. You strike lucky and it actually does go there 3. It goes to 0 and gets liquidated and you lose your money But as traders, these are time wasters. There is no liquidity, no volume, there is no action. I can't analyse this type of stock and this is purely for the savvy Penny Stock INvestors who have read the fundamentals, share ratios and have seen the proespects for a POTENTIAL future for the stock. Other than that for traders - I leave it alone.
JSE:KBOLong
by Timonrosso
KODK Kodiak long trade from a retracement( Industrial Penny)KODK is the old chemical industrial company that focused on camera film and printing for decades now a bit or diversified in what it does. Share price is a fraction of what it once was. KODK had a news catalyst that it was trying to clean up financial issues with its pension plan which had $ 6 Billion in assets. That may be a good thing but investors through otherwise and price put in a 20% retracement over a few days. I expect this to rebound and earnings are about ten days away. The P/E ratio is about 10. While this is a risky penny stock, I see the potential in a recovery of the 20% of market cap in the pre-earnings period. Accordingly, I will take a long trade of stock shares and a put option to hedge those shares against a downturn.
NYSE:KODKLong
by AwesomeAvani
LVTX a possible continuation medical technology penny stock LONGLVTX is a pharmaceutical company focused on biologicals for advanced prostate carcinoma. It recently secured a collaboration agreement with Merck to assist in the clinical trials and the financial burdens it imposes in a quid pro quo related to a share of product margins in the future. On the 15-minute chart, LVTX burst out of a long-standing consolidation cycle. The majority of shareholders per Yahoo Finance are insiders and institutions primarily hedge funds. These people are not clueless. This is a huge money inflow into the market cap. I intend to follow the money as I see that price has retraced to a good Fibonacci level and with the last candle may be on a reversal. I know that institutions tend to buy at the VWAP heavily and as price is below VWAP the impetus is to buy discounted from VWAP. I will follow the wisdom, experience and expertise of institutional traders. I will go long and assume the risk of more of a drop with an ATR stop loss. My goal in the trade is to get a 20% gain by the close on Monday. Getting into an insider trading move is tricky but it is interesting and can be profitable.
NASDAQ:LVTXLong
by AwesomeAvani
SRZN a Penny biotech LONGSRZN has had good momentum. It has no revenues. Clinical trials but a lot of cash. SRZN has advanced trials underway for a product to treat alcoholic hepatitis presumably settling it down before it becomes irreversible cirrhosis (only for patients who are alcohol-free) and also useful for liver metabolic disorders from a genetic basis. SRZN has been trending up for a week with a bit of a pause in the middle of it. It picked up 60% of its price while breaking out through the anchored VWAP lines and the volume profile. The far greater market is the former. It is priced at 90 or more off it's all-time high of about $160. IF it picks up hype from the last clinical trial getting a report and a calendared review by the, SRZN could reach for that all time high. This is speculative and risky as are most biotechnology penny stocks. They are trading news and potential not current net revenues. A small position with room in the stop loss for the average range and volatility is best. This is a typical high risk higher potential reward type of trade.
NASDAQ:SRZNLong
by AwesomeAvani
BTTR, a penny stock selling pet food LONGBTTR is up almost 30% since acquiring a Canadian company on Feb 9th. The news catalyst illustrates a momentum in growth. On the chart, since an excellent report in November, price ascended into a double top in late November and mid December then fell until the news catalyst on Friday the 9th. Another report is soon coming. I see BTTR as a volatile penny stock is now set up for a long trade. I have marked in horizontal black some targets from looking to the left. Equally weighing all three targets, the profit potential is 25% in the near term while the last target is about 35%. BTTR is poised below the mean VWAP line and appears ready to continue its VWAP breakout from 2/9 moving upward while crossing the first lower anchored VWAP line. I expect the price to ultimately aim for the second upper VWAP line and hit my last target just below that line representing the base of the double top last winter. my last target
BLong
by AwesomeAvani
Trading Idea - #OcugenMy trading idea for - #Ocugen - BUY Entry: 0.95 USD Target: 8.00 USD (+720% profit) Ocugen, Inc. is a biopharmaceutical company, which engages in the development and commercialization of therapies to cure eye diseases. Its product pipeline candidates include OCU400, OCU410, OCU200, and COVAXIN. The firm's modifier gene therapy platform is engaged in addressing retinal diseases, including retinitis pigmentosa, leber congenital amaurosis, and dry age-related macular degeneration. The company was founded by Shankar Musunuri and Uday B. Kompella in 2013 and is headquartered in Malvern, PA. Institutional Trading of Ocugen A number of large investors have recently added their stakes in OCGN. JPMorgan Chase & Co. increased its holdings in Ocugen by 20.9% during the first quarter. JPMorgan Chase & Co. now owns 4,015,742 shares of the company's stock worth $13,251,000 after buying an additional 693,786 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in Ocugen during the first quarter worth about $47,000. Cetera Investment Advisers purchased a new stake in Ocugen during the first quarter worth about $50,000. Vanguard Group Inc. increased its holdings in Ocugen by 2.8% during the first quarter. Vanguard Group Inc. now owns 10,906,557 shares of the company's stock worth $35,991,000 after buying an additional 301,063 shares during the last quarter. Finally, Mackenzie Financial Corp bought a new position in Ocugen during the first quarter worth about $34,000. Hedge funds and other institutional investors own 21.50% of the company's stock. Ocugen Price Target Raised to $7.00/Share From $5.00 by HC Wainwright & Co.
NASDAQ:OCGNLong
by Traderherz-Analytics
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