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DeFi Technologies Inc (OTCMKTS:DEFTF) Stock Moves Back to $1: What to Expect Now?

DeFi Technologies Inc (OTCMKTS:DEFTF) Stock Moves Back to $1: What to Expect Now?

Aug 9, 2021

The DeFi Technologies Inc (OTCMKTS:DEFTF) stock is expected to be in focus among investors this morning considering the sort of it had made last week. Last week the DeFi Technologies stock came into sharp focus among investors and ended the week with gains of as much as 40%. In light of such handsome gains, it might be a good idea for investors to take a look at the company a bit more closely.

As it happens, the company made a major announcement this morning that might have a bearing on the stock price as well. This morning the company announced that it signed a letter of intent with regards to the acquisition of the entirety of outstanding and issued securities of DeFi Yield Technologies Inc.

It is a major new development for the company and one that is expected to generate interest among investors. DeFi Yield is a privately held company and is best known for having its own automated yield engine. The engine helps people in making investments in the field of decentralized finance with far more ease and efficiency.

The company’s engine deploys some of the key strategies and protocols in the field of decentralized finance by way of which helps in maximizing yield while reducing risks to the minimum. It goes without saying that it could be a major acquisition for DeFi Technologies Inc and could make it a serious player in the fast-growing decentralized finance industry. Investors could do well to keep an eye on the stock today.

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Dark Pulse Inc (DPLS) Stock Has Lost 60% From Recent High: A Good Buy Now?

Dark Pulse Inc (DPLS) Stock Has Lost 60% From Recent High: A Good Buy Now?

Jul 28, 2021

Microcap stocks might be quite volatile but at the same time, investors need to keep in mind that these stocks can also deliver enormous gains within a short period of time. Hence, these stocks often attract plenty of followers.

One of the micro-cap stocks to have gained in popularity in recent weeks is that of Dark Pulse Inc (OTCMKTS:DPLS). Last month the stock had made a big jump but at this point, it is down by as much as 60% from its latest highs. In this sort of situation, it is important for investors to perhaps figure out if the fall in the stock could be an opportunity to get into it.

One of the most important things to point out with regards to the Dark Pulse stock is that it continues to be hugely popular from among micro-cap stocks and that had initially been the reason behind its remarkable rally. More importantly, some of the biggest players in penny stocks have taken note of the stock and that was another factor behind the strong rally.

On the other hand, the Dark Pulse stock is one of the most searched stocks among micro-cap stocks at this point in time and there is a fair degree of online buzz around it. Online chatter around a stock is a major factor that is hard to ignore. Hence, despite the fall from its high the Dark Pulse stock could be one to keep an eye on over the coming days.

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Why HUMBL Inc (HMBL) Stock Keep On Falling Since February?

Why HUMBL Inc (HMBL) Stock Keep On Falling Since February?

Jul 26, 2021

At the turn of the year, HUMBL Inc (OTCMKTS:HMBL) was one of the most popular penny stocks in the market and recorded enormous gains on the back of heavy interest from investors.

However, the stock has given up as much as 22% of its gains over the course of the past month and has now gone below the psychologically important level of $1 a share. In this situation, it is perhaps important for investors to figure out if it might be an opportunity to get into the HUMBL stock. Earlier in the month, it was announced that the Chief Executive Officer of the company Brian Foote decided to retire as many as 9350 Series B preferred shares in HUMBL that he owned.

It was a significant move considering the fact that those shares are equal to as many as 93,500,000 shares of the HUMBL common stock. A reduction in the number of shares can sometimes lead to a spike in the share price and hence, it is a development that might have a long-term effect on the HUMBL stock one way or another.

The total value of the shares when the request was sent in by Foote stood at $100,000,000. In this context, it is also necessary for investors to keep in mind that it was not the first time that Foote decided to go for such a move. Back in November last year, he had retired as many as 551,669,335 pre-split shares of the HUMBL common stock from the float.

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Netlist Inc (NLST) stock Rockets 1100% YTD: Will it Hit $20?

Netlist Inc (NLST) stock Rockets 1100% YTD: Will it Hit $20?

Jul 20, 2021

Investors are often known to be more interested in stocks that might have recorded considerable gains over a reasonable period of time and by that token, it might be a good idea for investors to possibly take a look at the Netlist Inc (OTCMKTS:NLST) stock.

The stock has been one of the more notable performers this year so far and over the course of the past six months alone, it has managed to record gains of as much as 1100%. As a matter of fact, the stock was actually on the move on Monday as well and delivered gains of 7%. There was no news about the company on Monday but it might be a good time to mention that last week the company had announced the signing of Securities Purchase Agreement with the firm Lincoln Park Capital Inc.

As per the provisions of the agreement between the two parties, Lincoln Park is going to acquire shares in Netlist over a period of the next 36 months for a total value of $17400000. The 36 month period stipulated in the agreement already begun on July 12, 2021, and in addition to that, Netlist also signed a registration rights agreement with Lincoln Park. The latest development in relation to Netlist seems to have come as a source of excitement among investors and it is going to be interesting to see if the stock can continue to hold on to its momentum over the course of the coming days.

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Red Cat Holdings Inc (RCAT) Stock Sees Price-Volume Breakout: Time To Buy?

Red Cat Holdings Inc (RCAT) Stock Sees Price-Volume Breakout: Time To Buy?

Jul 14, 2021

Drone technology companies have come into focus among many investors in recent times and it is easy to see why. The drone industry is expected to grow quite rapidly in the coming years and hence, many investors are now looking into a range of companies that are involved in the sector.

One of the companies that could be work looking into is the drone technology solutions provider Red Cat Holdings Inc (NASDAQ:RCAT). Yesterday, the Red Cat stock was in sharp focus among investors after the company announced that it reached an agreement with regards to the acquisition of the automated aerial vehicle technology company Teal Drones.

It could prove to be a major acquisition for the company and hence, it was no surprise that the stock rallied by as much as 605 yesterday on the back of considerable interest. The financial details of the deal were not disclosed by either party; however, it did emerge that the entire deal has been conducted in stock.

Now that Teal Drones has been added to Red Cat’s portfolio, the company is now going to have a wider range of offerings for its clients in the United States and Canada. Jeff Thompson, who is the Chief Executive Officer of Red Cat, stated that this acquisition is going to help the company in easily moving into the government and enterprise sector. Teal Drones already has deals in place with the Department of Defense and that could prove to be a major positive for Red Cat in the long run.

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Is SGOCO Group (NASDAQ:SGOC) Stock Due For Pull Back After The Monster Rally?

Is SGOCO Group (NASDAQ:SGOC) Stock Due For Pull Back After The Monster Rally?

Jul 13, 2021

In recent times, stocks that are targeted by retail investors from Reddit almost always garner a lot of attention and that is primarily due to the considerable short-term gains that are generated. One of the stocks to have become the target of those investors recently is the SGOCO Group (NASDAQ:SGOC) stock.

Yesterday, the stock emerged as one of the major gainers due to the actions of investors from Reddit and clocked gains of as much as 196% in the morning. Retail investors got into the stock in a big way yesterday and it is likely the Hong Kong-based company is going to come into considerable focus among many investors this morning. The rally in the stock had actually started last Friday when the stock soared by 500% despite there being no news.

The rally on Friday brought the SGOCO stock onto the radars of retail investors who are active on platforms like Twitter, Reddit, Discord, and StockTwits and now have the power of moving stock prices considerably. Earlier on in the year, these traders had been responsible for the massive gains generated by such unheralded and beaten-down stocks as AMC Entertainment Holdings and GameStop among others.

It should be noted that at this point it is unclear why the SGOCO stock surged last Friday but it is quite apparent that demand from retail investors has been the main driver of the stock. It is going to be interesting to see if the stock can continue to add to its gains in the coming days.

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Asensus Surgical (ASXC) Stock Sees Sell-Off At Higher Level: A Good Buy Now?

Asensus Surgical (ASXC) Stock Sees Sell-Off At Higher Level: A Good Buy Now?

Jul 8, 2021

The robotic surgery industry has grown at a fairly impressive clip over the course of the past few years and nowadays investors are becoming increasingly interested in this particular sector. One of the companies that could be of interest to such investors is Asensus Surgical (NYSEAMERICAN:ASXC), which is currently one of the notable players in the sector thanks to its main product Senhance System.

The product is meant for providing assistance during surgeries. However, if anyone is looking to analyze the Asensus stock then it is necessary to recognize that the situation may be a bit more complex. The most important thing to note that in addition to providing assistance for surgical procedures, Senhance System is also meant for cutting costs.

On the other hand, it is also necessary to remember that the Asensus stock had been caught up in the meme stock frenzy earlier this year and rallied hard as retail investors from Reddit piled on to the stock in a big way. As a matter of fact, the stock rallied by as much as 900% at the beginning of the year in a matter of few months.

However, such gains don’t last in general and it didn’t for the Asensus stock. The company’s product is ideal for laparoscopic surgeries since it is one type of surgery that has proven to be ideal for robotic solutions. Robotic surgery is expensive but Asensus has designed Senhance System in such a way that it can reduce costs by utilizing reusable standard instruments.

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HUMBL Inc (HMBL) Stock Finds $1 Support And Moving Higher: A Bullish Sign?

HUMBL Inc (HMBL) Stock Finds $1 Support And Moving Higher: A Bullish Sign?

Jul 8, 2021

Earlier this year, the HUMBL Inc (OTCMKTS:HMBL) stock emerged as one of the major gainers from among penny stocks this year. In recent times, the HUMBL stock has made much steadier progress but yesterday it was back in action and jumped by as much as 9.5% after the company made a major announcement.

The company revealed yesterday that Brian Foote, its Chief Executive Officer, decided to retire as many as 9350 shares of the company’s Series B Preferred stock that is owned by him. However, it is perhaps more important for investors to keep in mind that those shares are equivalent to as many as 93,500,000 shares of the company’s common stock.

Considering the reduction of the number of common stocks to such a degree, it came as no surprise that the HUMBL stock experienced a surge yesterday. At the time the request was submitted by the company, the market value of those shares stood at $100,000,000.

However, in this regard, it is perhaps also necessary for investors to keep in mind that the HUMBL CEO had earlier retired as many as 551,669,335 pre-split common shares in the company. Those shares had actually come from the share float as in November last year. On the other hand, any prospective investor needs to note that in recent months HUMBL has come into considerable focus due to the growth of its mobile payments business. The service has gained considerable traction on an international scale over the past months.

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Why Is Lightwave Logic (LWLG) stock Up 1400% So Far in 2021?

Why Is Lightwave Logic (LWLG) stock Up 1400% So Far in 2021?

Jul 1, 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.

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