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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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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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Netlist Inc (NLST) Stock Soars 140% in a Month: More to Come?

Netlist Inc (NLST) Stock Soars 140% in a Month: More to Come?

Jul 7, 2021

There are thousands of investors who are highly interested in micro-cap stocks and it is not surprising considering the enormous gains these stocks can often generate. One of the stocks from that category that has made an enormous run up the charts in recent days is that of Netlist Inc (OTCMKTS:NLST).

Over the course of the past month alone, the stock has managed to record gains of as much as 140% and in light of such gains, it might be a good idea to look into Netlist Inc a bit more closely. One of the more important things to point out with regards to the rally in the Netlist stock is the fact that the trading volumes have also gone up considerably as more and more investors piled on to it.

The powerful run could also be an indication of the fact that there might be important developments in the near future and that is another reason why investors need to keep a keen eye on Netlist.

The fortunes of the company actually changed last year after the United States Patent Trial and Appeal Board upheld the validity of one of the company’s patents for application in memory modules of DDR servers. At the time, many thought the stock was going to correct sharply but that never happened and the Netlist stock continued to move up. In this situation, it is going to be interesting to see if the Netlist stock can continue to hold on to its momentum over the coming days.

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Dark Pulse Inc (DPLS) Stock Skyrocketed 625% in a Month: Still a Good Buy?

Dark Pulse Inc (DPLS) Stock Skyrocketed 625% in a Month: Still a Good Buy?

Jul 7, 2021

Investors are always on the lookout for stocks that can generate considerable returns within a few weeks and if you are looking for such a stock at this point, it could be a good move to take a look at the Dark Pulse Inc (OTCMKTS:DPLS) stock.

The stock continued to be in focus among investors on Tuesday and managed to record gains of as much as 37%. However, the real story lies in the fact that yesterday’s gains took the Dark Pulse stock’s gains over the past month to a staggering 625%. There was no news about the company yesterday and hence, it might be a good move to take a look at an announcement from the laser sensing systems company last week.

At the time, the company announced that it inked a letter of intent by way of which it was going to acquire the drone-based company TerraData Unmanned PLCC. The company is capable of providing a wide range of services including 3D modeled mapping that could be deployed in a range of industries.

In this regard, it is also necessary to keep in mind that the services from TerraData also help in underwater inspection work. Some of the other services could also be vital when it comes to tackling concerns related to public safety across air, water, and earth. Hence, it is no surprise that the acquisition has led to a certain degree of excitement among investors with regards to the Dark Pulse stock.

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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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Marin Software Inc (MRIN) Stock Rockets 375% in a Week: How to Trade Now?

Marin Software Inc (MRIN) Stock Rockets 375% in a Week: How to Trade Now?

Jun 29, 2021

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.

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HUMBL (HMBL) Stock Trades in a Narrow Range: Where Will it Go?

HUMBL (HMBL) Stock Trades in a Narrow Range: Where Will it Go?

Jun 28, 2021

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.

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

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

Jun 14, 2021

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.

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

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

Jun 8, 2021

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.

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