Why Is Lightwave Logic (LWLG) stock Up 1400% So Far in 2021?
There have been many stocks which have managed to record considerable gains over the course of the years so far and one of the more notable gainers is the Lightwave Logic (OTCMKTS:LWLG) stock. The stock has been in the middle of a remarkable run in 2021 and has clocked gains of 1375% so far. However, that is not all.
The Lightwave Logic stock has also performed strongly in recent days and has delivered gains of 550% over the course of the past month. The company, which is involved in deploying its patented electro-optic polymers for transmitting data at a higher speed but with less consumption of power, announced last week that it was awarded a new United State patent.
The latest patent relates to a new breakthrough device that helps in mass volume manufacturing if it is inserted into advanced integrated photonic platforms. It is a major new development for Lightwave Logic considering the fact that the product packs some very interesting features. It not only improves reliability but also helps in enhancing optical mode control and brings down by consumption.
The patent, which is titled “Direct drive region-less polymer modulator methods of fabricating and materials therefor”, is expected to pave the way for electro-optic polymers that consume lower amounts of power. The latest announcement from the company is perhaps another reason for the continued rally in the Lightwave Logic stock and it is going to be interesting to see if the stock can continue to hold on to its momentum in the coming days.
Western Sierra Resource (WSRC) Stock Makes a Massive Move: Will it Hit $1?
Over the course of the past two weeks, the Western Sierra Resource Corporation (OTCMKTS:WSRC) stock has emerged as one of the biggest gainers from among small caps and the upward trend in the stock continued on Wednesday.
As investors continued to pile on to the stock on Wednesday, the Western Sierra stock soared by as much as 48% and took its gains over the past two weeks to a staggering 1200%. In light of such massive gains, it might be a good time for investors to look into the company’s business a bit more closely. Yesterday, the stock surged after the company announced that it completed the agreement in relation to the acquisition of 70% of the common shares in Silver State Mining Group Inc.
The acquisition has been made for a payment of $10 million and the money is going to be immediately deployed towards the preliminary development of Sage Hen Mining Claims located in the western part of Nevada. It is a major development for the company and one of the reasons for the rally in the Western Sierra stock over the past two weeks had been in anticipation of this deal.
In this regard, it is also necessary to point out that the $10 million payment has been made by the directors and officers at Western Sierra. This reflects that the management is highly confident about the prospects of this project. Additionally, the management took this step in order to ensure that they did not have to dilute the company’s stock.
Enzolytics Inc (ENZC) Stock Continues to See Selling Pressure: Where is The Bottom?
There have been many small cap stocks which have made considerable gains this year and one of the more notable ones in that regards is the Enzolytics Inc (OTCMKTS:ENZC) stock.
The Enzolytics stock was on the move yesterday and jumped by 13% to takes its gains over the course of the past week to as much as 25%. Although the gains made by the stock are certainly eye-catching, it is also necessary for investors to remember that the rally in the stock might be related to an announcement made by Enzolytics back on June 14. The company announced at the time that it has created definite plans by way of which it wants to take its ITV-1 anti-HIV therapy to clinical trials.
In addition to that, plans have also been made with regards to the distribution of the product in Europe. More importantly, the company also expects to generate considerable revenue from this product and hence, the excitement around the Enzolytics stock is perhaps understandable. In this regard, it should be pointed out that the product had been progressing towards a certification under the control of the Bulgarian Drug Agency.
Although that process was discontinued, it is necessary to note that there was considerable progress made and in addition to that, positive results had also emerged from clinical trials of patients. The positive results from the discontinued trial have given Enzolytics the confidence that the clinical trials it has planned under the control of the European Medicines Agency are going to be successful.
Exela Technologies (NASDAQ:XELA) Stock Goes Parabolic: Are You Excited?
One of the stocks that made a surprising upwards move on Tuesday was that of Exela Technologies (NASDAQ:XELA) and the stock has continued in the same vein in premarket trading this morning.
Yesterday, the stock had soared by as much as 60%, and this morning, it has rallied by 20% in premarket trading as investors continued to pile on to it. The latest rally in the stock must be a welcome move for many investors who have seen the stock stuck in consolidation mode for many weeks. More importantly, the Exela stock has a track record of big moves, having managed to hit a peak of $7.82 a share in March. However, since then the stock corrected sharply.
One of the major reasons behind the latest rally in the stock is the fact that it seems that Exela has been identified as a possible short squeeze candidate by many retail voters. The numbers do make sense as well. At this point in time, the stock has a short volume ration of 25% and the considerably low price is another reason why many might feel confident enough to work on a short squeeze.
There have been many such moves on penny stocks this year and it would not come as a major surprise if it happens with the Exela stock. However, it should not be forgotten that on Tuesday, the company had also announced that its robotic process automation platform EON had been rolled out by a pretty large health insurance company.
Marin Software Inc (MRIN) Stock Rockets 375% in a Week: How to Trade Now?
Investors are almost always on the lookout for stocks that might have recorded considerable gains over a short period of time and one of the stocks that could be tracked closely at this point in time is that of Marin Software Inc (NASDAQ:MRIN).
The stock has been in the middle of a rollicking rally over the past week and has managed to generate gains of as much as 375% during the period. Hence, it might be a good move for investors to perhaps take a closer look at it at this point. The company has found favor among investors after it announced last week that its platform MarinOne is going to be able to manage Instacart Ads.
This is a major development for not only the company but also for its MarinOne platform. Marin announced that this Instacart Ads integration is going to make it life easier for brands who wish to connect to their customers directly and that usually takes place at the point of sale. Instacart is currently one of the biggest grocery delivery companies in the United States and it is connected to a large number of retailers.
The company has partnered with as many as 600 retailers which are made up of all categories starting from the national one to the regional and local. It makes deliveries from as many as 55,000 stores spread across 5000 locations all across Canada and the United States. Hence, this integration has the potential of opening up a world of opportunities for advertisers.
Hertz Global Holdings (HTZGQ) Stock Soars To $9 Mark: Still a Good Buy?
Over the past weeks, car rental company Hertz Global Holdings (OTCMKTS:HTZGQ) has been in major focus among many investors and managed to record considerable gains.
The company had declared bankruptcy last year due but things have turned around quite dramatically in recent times. Hertz not only found a consortium of investors following a bidding war recently but it is expected to emerge from bankruptcy on June 30, 2021. In the lead-up to the crucial day, investors seemed to have decided to pile on the Hertz stock in a big way. On Monday, the stock was on the move again and ended the day with gains of as much as 31%.
In this situation, it is quite likely that the stock is going to stay in sharp focus over the coming days. Not too long ago the company had announced that the bankruptcy court accepted its restructuring plan and went on to state that it would b coming out of bankruptcy on June 30.
The most important thing to keep in mind with regards to Hertz is that the company had to declare bankruptcy as its car rental business collapsed due to the effects of the coronavirus pandemic last year. In its reorganization plant, the company has decided to wipe out debts to the tune of $5 billion straightaway. This move will give the company $2.2 billion in the form of liquidity. Hertz has stated that the company’s balance sheet is going to be strengthened due to the restructuring.
HPIL Holding (HPIL) Stock Continues to Hit New High: Now What?
There were many stocks that made considerable gains last week and one of those was the Cybernetics Technologies Ltd or HPIL Holding (OTCMKTS:HPIL) stock. The company announced last week that it is going to start work on the development of its own electric-powered auto, which has been christened Apogee D7.
Cybernetics also announced that it is going to use powertrain technology owned by Apogee Dynamics Ltd for developing this product. The announcement was made on June 22 and it came as a major boost for the Cybernetics stock. Over the course the previous week, the stock ended up with gains of as much as 210%.
Hence, it might be argued that the stock could be in focus this morning and it remains to be seen if it can continue to maintain its momentum. Cybernetics is planning to for the Apogee D7 to be a vehicle that seats 4 people and in addition to deploying powertrain technology, there are going to be 10 additional partners from different industries who are also going to be involved in this project. Some of those partners are going to be diverse industries like green, technology and media among others.
However, all those additional partners are going to have one thing in common and that is disruptive business models. It has been revealed that all these partners are going to be making a contribution towards this vehicle and are going to have their imprints. The Chief Executive Officer of Cybernetic stated that the website for Apogee D7 is going to be live in the next 45 days.
HUMBL (HMBL) Stock Trades in a Narrow Range: Where Will it Go?
Earlier in the year, the HUMBL Inc (OTCMKTS:HMBL) stock had been one of the biggest gainers from among penny stocks but things have been quite different in recent months.
This past Friday, the stock jumped by 5% and that took its correction from its recent peak to as much as 25%. While that is true, it is also necessary for investors to remember that since hitting its low in May, the HUMBL stock has recovered strongly and gone up by 50%. There was no news about the stock on Friday that might have actually led to the decline but it might be a good time to look at some recent developments.
Earlier on this month, HUMBL announced that it had acquired well-known South America focussed ticketing platform Tickeri Inc. The acquisition was made in a deal worth as much as $20 million and it was facilitated through a combination of debts and stock. It is a significant development for HUMBL considering the fact that it will now be able to integrate its own services like mobile payments and peer to peer remittance services to the Tickeri platform.
That will help the company in expanding its services to a new market altogether. However, HUMBL is also planning to expand Tickeri internationally.
This month the company had also announced that it hired the services of Athletes First in the form of a strategic consultant. Athletes First is going to help HUMBL in relation to its various new business verticals including the one involving NFTs or non-fungible tokens.