Well... it finally happened. Sprint NYSE:S TMUS is now on everyone's list of penny stocks after this week. Shares dropped below $5 on Thursday and firmly closed near its low of the day on Friday. Next week will be interesting to see closing arguments to the opposition so this could either be a blowout or a blow-up. "On Friday, a Washington, D.C. federal...
But keep in mind this is Phase 1 for ACRS . Still a long road ahead. I'm not taking anything away from the company at all. Congrats on the win and I hope the momo continues but I've seen so many of these go parabolic. Needless to say, could be something to watch over the next few days "This time around, Aclaris Therapeutics Inc. has caught attention after...
PRTS has been on a great run. They just added Icahn Auto SVP to the team too. I think the move toward automotive lately is a good sign for companies like PRTS. But given that fact, the momentum has to slow sometime, doesn't it? It's been on a great run since April. I just hope the company doesn't get carried away with raising new money, etc. like so many other ...
TRIL did a great job of executing over the past few months in my opinion. It was enough to not only fill the previous gap but also get back to levels it was at prior to the big sell-off. My fear, however, isn't fundamental but more technical as there may be strong resistance at these levels with some "bag holders" seeing it as a potential opportunity to break...
Retail's tough but at least CHS turned things around in the short term. I'd like to see that continue but it's a hard road with brick and mortar retail right now. Anyone know of a more in-depth outline of a digital strategy for Chico's et al? "This week, Chico’s reported its Q4 outlook. In the report, the company revealed several milestones. First, it raised...
I'm not against historic figures from TBLT but for such a well-known company to do less than $2m? I'm not sure it makes sense to me. However, it's progress and it would be nice to see them follow this up with more progress too. "Shares of ToughBuilt (TBLT Stock Report) haven’t lived up to the namesake over the last 12 months. But since hitting 52-week lows of...
Great news and all but can SNCA pull from a technical perspective ? "The patent is for the “Transplantation of human neural cells for treatment of neurodegenerative conditions.” Could this be the next step in developing its NSI-566 treatment? Why I say this is because the treatment is specifically designed around neural stem cells. This is developing as things...
It was #2 of the top 4 best gold stocks to watch over the last 52-weeks. But compared to #1, which I wrote about on another board, I think the progress it has shown makes it stand out right now. Increased production, big potential reserves, etc. Something to keep in mind especially if the turmoil continues. "RBC Capital recently initiated coverage on the gold...
I'm not complaining but lower production guidance and analyst downgrades aren't adding up in my opinion. But yet it was the top-performing gold stock over the last 52 weeks. Anyone have more insight on this that I might have missed? "Furthermore, it guided its full-year U.S. PGM production would come in between 590k-610k. This was actually much lower than it...
Brought to my attention in this article last week: Is Sprint Corporation (S) At Risk Of Becoming A Penny Stock? Several valid points on this front, namely how Sprint continues to "F" up and find something to blame it one but themselves. I'm surprised TMUS is still entertaining this at the bid price they said. I would think that it would probably be much less...
FIT stock has been one they've followed since August. It's been a tough one to stomach because of the intermittent breakouts followed by long periods of sideways or consolidation trends. The rumors were initially exciting but then concerning because we didn't really know. But happy to see they actually played out. QUOTE: Fitbit stock has been one of the most...
"Capstone Turbine Corporation (CPST Stock Report) may be a beneficiary of this (for now). Shares of CPST stock hit 52-week lows of $1.88 on October 29. Since then it has reversed course to highs of $2.29 thus far." The company manufactures microturbine energy systems. This week Capstone announced significant news that could have acted as an initial catalyst for...
Still well below its previous gap down. Lots of attention on streaming entertainment with new peeps coming online like HBO, DIS and others. "The company stated that Dolby Vision and Dolby Atmos are now going to be made available on the platform for a better experience for all its subscribers. This resulted in a significant spike in the stock as investors believed...
TTNP has been catching attention on volume scans this month. Ever since gapping down on October 16, the daily action is noticeably greater than before. But is this a good or bad sign for the penny stock? Currently trading around $0.20. OS is around 17 million so it's not the biggest out there but not the smallest either. Titan Pharmaceuticals is a company that...
TNK continues to see strong volume. For penny stocks , I think that's important. Furthermore, it keeps giving updates on new progress. But what's next? Gapping up slighting premarket on Oct 9 but can the bullish volume continue to push this past the historic levels? " So what triggered this multi-month move? A few things. First, positive earnings results...
One thing to look at especially when it comes to penny stocks is volume. If you look at this chart, OVID stock is holding above the previous gap zone. However, volume has consistently deteriorated. My question is can this sustain levels above the gap zone or are we looking at a further pullback? " Since June, shares of this biotechnology penny stock rallied from...
I try not to be negative on these stocks but you can't ignore historic levels. Right now, NAT is back in the "gap zone" from back in 2017. Every time shares entered this "Bermuda gap," the gains have continued to disappear. Will it be different this time around? " NAT has been benefiting from the rise in most tanker stocks recently. The company has been...
LXRX is a penny stock that has performed well over the last few weeks but looking at the chart, shares are trading within the gap zone. Volume this week compared to previous weeks is lower. Is that a concern or just a slow week? "Shares of LXRX stock have been on a tear for around a month. This was ever since terminating its partnership agreement with Sanofi....