Tech

Exela Technologies (NASDAQ:XELA) Stock Goes Parabolic: Are You Excited?

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.

read more
HPIL Holding (HPIL) Stock Continues to Hit New High: Now What?

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.

read more
HUMBL (HMBL) Stock Retreats From The Peak: What’s The Buzz?

HUMBL (HMBL) Stock Retreats From The Peak: What’s The Buzz?

Earlier in the year, HUMBL Inc (OTCMKTS:HMBL) had emerged as one of the more popular companies for those who were interested in penny stocks. The stock delivered strongly as well.

However, in recent weeks, the situation has been a bit different for the HUMBL stock. Last month the stock had actually hit a new log but eventually, it managed to bounce back and rally by as much as 100%. However, last week the HUMBL stock had another disappointing run and ended the week with declines of 15%. There was no specific news about the company last week but it might be worthwhile to take a look at some of the important developments.

Earlier in the month the company announced that it had completed the acquisition of the Latin America-based ticketing platform Tickeri Inc. HUMBL completed the acquisition in a deal that was worth $20 million and it was facilitated in the form of both debts as well as stock. It gives HUMBL a gateway into providing Latin American customers with mobile pay services and peer-to-peer remittance services in addition to ticketing. The company will add its services to the Tickeri platform and eventually there are plans to look for international expansion.

While the acquisition of Tickeri is an important development for the company, it should be noted that HUMBL has been working on a range of fronts in recent times. Last month the company announced a move into the non-fungible token (NFT) space as well and that had created a fair amount of buzz as well.

The NFT space has grown at a breakneck pace in recent times and hence, HUMBL’s move to come up with an NFT gallery could also be seen as an important one. The NFTs are meant for creators by way of which they can protect their interests. It remains to be seen if the stock can recover this week.

read more
Meme Socks Buzz: Clover Health (CLOV), GameStop (GME), AMC Stock

Meme Socks Buzz: Clover Health (CLOV), GameStop (GME), AMC Stock

The meme stock mania has reared its head again and some of the favorites are back in play. At the end of the week, many of those meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) had suffered from a bout of selling pressure.

However, this morning, the retail traders seem to have taken back control of the stocks. The meme stock phenomena have been the highlight of the year so far in the markets as many heavily shorted stocks soared due to concerted efforts from retail investors. The heavy buying usually leads to short sellers buying back their shares and thereby sending the stocks even higher.

AMC and GameStop are two of the more popular meme stocks at this point. This morning the theatre operator saw its stock soar by 16% and while the gains are substantial, it should be noted that the AMC stock has not hit the psychologically vital mark of $60 a share. That said, one should remember that the AMC stock has soared by 467% since the early days of May.

Whole AMC has continued on its merry ways this morning, the same has happened in case of GameStop as well. The stock, which is one of the most famous targets of the Reddit community WallStreetBets, has managed to clock gains of 11% so far this morning.

The GameStop stock has had one of the most remarkable runs in the market in 2021 and has managed to deliver gains of 1400% this year so far. The company currently commands a market cap of $19.4 billion.

In this regard, it is perhaps also necessary to point out that many of the investors who latched on to GameStop have also managed to show remarkable resilience and stuck with the stock through difficult times as well. Experts now believe that in this fresh rally in meme stocks like GameStop many of these investors might end up recording more gains. It might be interest to track these stocks this week.

Clover Health Investments Corp (NASDAQ:CLOV) is another buzzer among the forum traders as the stock soared a whopping 82% to $21.75. The stock made a new high today as well.

read more
Artificial Intelligence Technology (AITX) Stock Continues To Gain: A Strong Move?

Artificial Intelligence Technology (AITX) Stock Continues To Gain: A Strong Move?

Before trading starts today, it might be a good move from investors to possibly take a look at some of the stocks which recorded considerable gains last week. One such stock is that of Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX), which recorded gains of 10% last week and on Friday alone, it rallied by as much as 37%. In this situation, it is likely to be on the radars of many investors today.

The rally in the Artificial Intelligence Technology Solutions was kicked off by an announcement from the company with regards to fresh orders of ROSA units from its fully owned subsidiary company Robotic Assistance Devices.

The ROSA units produced by Robotic Assistance Devices have become quite popular in recent times and the two new orders have been placed since the last announcement regarding orders from Artificial Intelligence Technology Solutions not too long ago.

The identity of the clients was not revealed due to confidentiality clauses, however, it was indicated that one of the units was going to be set up at the offices of a national grocery distributor. The other ROSA unit was ordered by a well-known security firm that operates from out of the East Coast. It has been announced that the security firm is also going to become an authorized dealer of Robotic Assistance Devices products.

The popularity of the ROSA units also prompted Robotic Assistance Devices to come up with new variants of the product. Last month the company released a new product named ROSA270 which is the latest variant of the family of ROSA products.

The company had announced last month that it was going to start shipping the product from June 2021 and it is going to be interesting to see the response it gets from customers. It remains to be seen if ROSA270 manages to cash in on the popularity of this group of products.

read more
Hunter Technology (HOILF) Stock Is Moving in the Right Direction: Here is Why

Hunter Technology (HOILF) Stock Is Moving in the Right Direction: Here is Why

When a stock gains momentum over several days, then it might be a good move for investors to start taking a closer look into the stock and the company. The Hunter Technology Corp. (OTCMKTS-HOILF) stock has been gaining considerable momentum in recent days and that might have been related to an updated shared by the company last week.

The company, which is involved in the development of global digital marketplaces focused on the worldwide energy trading industry, provided an update on the progress that it has made with regards to the development of its latest offering OilExchange. Hunter Technology also provided an update on the latest investor deck in relation to this product.

It is a highly innovative product and is meant to act as a platform that is going to help sovereign clients with oil supply chain intelligence solutions. However, that is not all. There are some other highly important features that ought to be pointed out.

The oil value chains can be highly complex but the OilExchange platform is capable of providing large oil producers and governments with the necessary transparency that is so necessary. The oil value chain is highly complex and OilExchange provides solutions starting from the stage of production to trade and storage.

The company announced that it is currently on course to come up with the first version of the product at some point in the third quarter of 2021. However, more importantly, the company revealed that it has engaged with regulatory agencies, governments and a range of selected potential customers in relation to OilExchange.

The interactions have proven that the product could have significant market potential when it is eventually launched. The oil industry is massive and oil trading is the bread and butter of some of the biggest oil companies in the world. Hence, it is a product that could bring a lot of value. Investors could do well to keep an eye on Hunter Technologies from now on.

Disclaimer

Small Cap Exclusive is owned and operated by JBN PARTNERS LLC, which is a US based corporation. We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (this “Article”) about publicly traded companies (the “Profiled Issuers”).

We publish the Information on our website, smallcapexclusive.com/ and in newsletters, text message alerts, audio services, live interviews, featured “research” reports, on message boards and in email communications for specific time periods that are agreed upon between us and the Profiled Issuer and / or third party paying us. Our publication of the Information is known as a “Campaign”. This information may be sent to potential investors at different times that are minutes, hours, days or even weeks apart. Typically, the trading volume and price of a Profiled Issuer’s securities increases after the information is provided to the first group of investors. Therefore, the later an investor receives the Information, the more likely it is that he will suffer trading losses if they purchase the securities of a Profiled Issuer late in a Campaign. We are paid to advertise the Profiled Issuers, Hunter Technology Small Cap Exclusive has been hired by Star Finance GMBH, Turmstrasse 28,6312 Stenhausen (ZG), Switzerland for a period beginning on June 1, 2021 to publicly disseminate information about (HOILF) via website, email, as well as outside service providers. We have been compensated $50,000 USD. We will update any changes to our compensation.

Read full disclaimer here.

read more
Is HUMBL (HMBL) Stock About To Recover After The Recent News?

Is HUMBL (HMBL) Stock About To Recover After The Recent News?

At the turn of the year, the HUMBL Inc (OTCMKTS:HMBL) stock was one of the biggest gainers among penny stocks but it has corrected quite sharply in recent times. However, on Monday, the HUMBL stock moved sharply and ended up making gains of 9.5%.

Could it be the start of another uptrend in the stock? The latest gains made by the stock were triggered by an announcement from the company yesterday. In recent times Non-Fungible Tokens (NFTs) have become hugely popular and HUMBL announced the launch of its own NFT named Gallery yesterday. It is a significant new step from the company and one which sparked optimism among investors too.

The NFTs will be made available to interested customers on the website HUMBLpay.com. The gallery is going to allow content developers to create their own NFTs to protect their interests and consumers will be able to purchase them from the website.

While it is true that HUMBL has been primarily involved with mobile payments, the company has also created a digital assets platform which is meant for blockchain based tokenization. The tokenization is aimed at real world use cases like ticketing, financial services, payments and NFTs among others.

The new NFT is going to be entirely focussed on artists, content creators and assorted entertainers across a range of fields like fashion, gaming, sports, photography and music among others. The first HUMBL NFT Gallery is going to be made up of a collection of photographs from Jared Raskind and Andrew Small.

Both photographers have been in the business for a long time and over the course of the past decade, the duo has developed collections that are meant for private groups as well as the larger public. It goes without saying that it is an important step for HUMBL and could bring about considerable revenues in the long term.

read more
Humbl (HMBL) Stock Moves Towards $1: Should You Hold Or Sell?

Humbl (HMBL) Stock Moves Towards $1: Should You Hold Or Sell?

At the beginning of the year, the HUMBL Inc HUMBL Inc (OTCMKTS:HMBL) stock was among the most popular penny stocks in the market and clocked massive gains as more and more investors piled on to it in a big way. However, things have not been as great after HUMBL hit its 52-week high.

Since then, the stock has declined by as much as 85% and on Monday, the downward spiral continued as the stock tanked by 20%. There was no news about the company on Monday but it might be worthwhile for investors to take a look at a major development from last Friday.

Key Things To Note

On May 7, the company announced that it signed a binding term sheet with regards to the acquisition of Monster Creative LLC. It was a significant announcement from the company and must have caught the attention of investors as well.

It should be noted that Monster Creative is involved in producing creating advertising for the entertainment industry and has gone on to become one of the better known operators in that space. The company had been founded by two veterans of the advertising industry, Kevin Childress and Doug Brandt.

As per the terms of the agreement between HUMBL and Monster Creative, the latter is going to operate its Hollywood studios as an independent business. However, the company is going to collaborate with HUMBL when it comes to the creation of multimedia NFTs (non fungible tokens). In recent times, NFTs have become extremely popular in the creative industries and hence, it might prove to be a sound move from HUMBL in the long run.

On the other hand, Monster Creative is also going to help HUMBL with regards the creation of ticketing experiences for a range of events starting from those in sports and gaming to music and fashion. Despite the decline recorded by the stock in recent days, it might still be worthwhile to keep an eye on the HUMBL stock.

read more
SOLO Shares Jump 19% end of day today. Still a Buy?

SOLO Shares Jump 19% end of day today. Still a Buy?

SOLO Shares jump 19% end of day. Is it still a buy? 

SOLOShares of SOLO or Electra Meccanica jumped  on Thursday by more than 19% and closed at $9.48pps, after an article was released of Improved Sales Visibility by SeekingAlpha. 

Shares of SOLO were already up more than 20% in January as the Electric car market has been on major run since Biden took office. 

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Super SOLO, a sports car model; and Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com Website, as well as through six retail stores. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.

SOLO CHART

 

read more