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Camber Energy, Inc
(NYSE MKT:CEI)
Camber Energy, Inc

Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in the Cline shale and upper Wolfberry shale in Glasscock County, Texas. As of March 31, 2020, its total estimated proved reserves were 133,442 million barrels of oil equivalent comprising 54,850 barrels of crude oil reserves, 43,955 barrels of NGL reserves, and 207,823 million...
Founded: 2003
Sector: Energy
Industry: Oil & Gas E&P
Stock price: $0.1096 (-2.14%)
3 Trending Penny Stocks to Watch in October 2021
By: pennystocks Penny Stocks [pennystocks.com]    
   on Oct 05, 2021

When looking for penny stocks to buy, investors will often scour the internet for trending small-caps. This is a great way to find momentum with penny stocks, however, there are a few things that investors should keep in mind.

For one, trending penny stocks tend to be highly volatile. While momentum can be large, often, we will see the ebb and flow of corrections and gains work against amateur investors. And for this reason, having a strategy, and understanding how to trade penny stocks will help to put you ahead of the game.

[Read More] Investing in Penny Stocks Right Now? Here’s 3 You Need to Know

Second, investors should have a thorough understanding of why the company is trending. Is it the result of recent news? Has it been trending online? These are questions that will help you to figure out what the recent momentum is all about and how to take advantage of it.

Considering that there are so many penny stocks to choose from, it’s best to be selective with your watchlist. With that in mind, let’s take a look at three trending penny stocks to watch in October 2021.

  • Farmmi Inc. (NASDAQ: $FAMI)
  • Camber Energy Inc. (NYSE: $CEI)
  • Progenity Inc. (NASDAQ: $PROG)

Farmmi Inc. (NASDAQ: FAMI)

Farmmi Inc. is a penny stock that has been trending consistently over the past two weeks or so. Again during premarket, shares of FAMI stock are up by over 4%. This brings its five-day gain to almost 40%, which is no small feat. If you’re not familiar, this company processes and sells agricultural products.

Its main offerings are edible fungi products such as mushrooms, shiitake, Coprinus comatus, and more. These products are sold in its Farmmi Jicai online store under the Farmmi and Liangpin brands. Farmmi also sells these products to distributors, restaurants, and specialty stores.

[Read More] Best Penny Stocks To Buy? 4 Trending On Reddit While Facebook’s Down

On September 27th, the company received a multi-product sales order to Israel. The company’s subsidiary Zhejiang Forest Food Co. Ltd. received the order for dried whole and sliced shiitake mushrooms as well as dried black fungus. Since this order was received, FAMI stock has gone from $0.22 per share on average to $0.36 per share on average as of October 4th.

The Chairwoman and CEO of Farmmi, Ms. Yefang Zhang said, “We continue to execute on our business, and drive growth at existing and new customers. We are benefitting from robust demand in traditional geographies, including China, while developing new markets, including Israel.” It will be interesting to see what is next in Farmmi’s pipeline. For now, will this company make your list of penny stocks to watch?

Penny_Stocks_to_Watch_Farmmi_Inc._(FAMI_Stock_Chart)

Camber Energy Inc. (NYSE: CEI)

Camber Energy Inc. is an energy penny stock we have mentioned consistently over the past few weeks due to its market momentum. If you haven’t heard of CEI, it is an oil and gas corporation that is based in Texas. Its main focus is on acquiring and developing crude oil, natural gas, and natural gas liquids to sell. As of March 31st, 2020, its total estimated proved reserves totaled 133,442 million barrels of oil equivalent. Over the past few weeks, Camber Energy has made some incredible strides in value. In the last month alone, shares of CEI stock have shot up by an outstanding 218% bringing its one year gain to almost 300%.

At the end of August, Camber announced that it had secured an exclusive IP license for a patented carbon-capture system. This exclusive intellectual property license agreement is related to stationary electric power generation and more. The ESG Clean Energy System is made to generate clean electricity from internal combustion engines and uses waste heat to capture almost 100% of CO2 without losing efficiency.

“In my view, this transaction positions us as an industry leader in terms of being able to assist with the power generation needs of commercial and industrial organizations while at the same time helping them reduce their carbon footprint to satisfy regulatory requirements or to simply follow best ESG-practices.” - President and CEO of Camber, James Doris

On October 4th, CEI stock’s volume was nearly double its market average. With this in mind, will you add CEI to your penny stock watchlist?

Penny_Stocks_to_Watch_Camber_Energy_Inc._(CEI_Stock_Chart)

Progenity Inc. (NASDAQ: PROG)

If you’ve read any of our last few articles, this is probably a familiar name. It was on the list of short squeeze penny stocks to watch before the end of last month. At the time, most outlets showed PROG stock short float percentage over 40%. We also discussed how it also had a relatively lower float, in general. Many times this can present an interesting scenario for high volatility. Fast-forward to this week, and we see exactly how that plays out.

PROG stock retested highs from Friday, which is also levels around its 100-day moving average. It failed to break above this last week, and so far, the area around $2 has remained a sticking point at the start of this week. However, something to keep in mind is that since our article last month, PROG stock has rallied roughly 100%. With that big move, it’s important to monitor any new levels to identify potential support or resistance.

Other than this technical move, thanks to high short interest, Progenity has some fundamental things to look at also. Progenity is developing products for molecular testing. The company has worked on advancing things like its PreecludiaTM test to rule out preeclampsia in pregnant patients.

A recent study demonstrated that Preecludia could “significantly distinguish” between the presence and absence of preeclampsia. Progenity was also granted a patent for its preeclampsia rule-out test. In addition to this, Progenity announced a $20 million registered direct offering of common stock on Monday, October 4th. This is most likely a move to capitalize on its recent momentum.

[Read More] Best Energy Penny Stocks to Buy on Robinhood? 7 For Your List

Looking ahead, something to keep in mind if PROG stock is on your list is an upcoming presentation. Progenity will participate in the Partnership Opportunities in Drug Delivery Conference at the end of the month. VP of Strategy and Operations, Chris Wahl, MD, MBA, will join a panel titled, “Orally Ingestible Devices for Biologics Delivery.”

Penny_Stocks_to_Watch_Progenity Inc. (PROG Stock Chart)

Which Penny Stocks Are on Your Watchlist Right Now?

Finding the best penny stocks to buy is all about understanding the current state of the market and your own investing style. If we consider both of these, we find that making money with penny stocks can be much easier than previously imagined. So, with that in mind, which penny stocks are on your watchlist right now?

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Are Penny Stocks Worth Buying? Check These 3 Out Right Now
By: pennystocks Penny Stocks [pennystocks.com]    
   on Sep 30, 2021

best penny stocks to watch right now

3 Penny Stocks to Watch in October 2021

Penny stocks are on fire right now. And after a few months of volatile trading, we are seeing a return of bullish sentiment among a large range of penny stocks. As a result, many investors are working to align their strategies with the current state of the stock market. One thing to keep in mind is that there is a lot of movement in the market right now.

This is illustrated by the most recent rise of meme stocks such as Camber Energy Inc. (NYSE: $CEI), which has climbed by over 650% in the past month. While this alone does not indicate a larger bull market, it does show that investors are hoping for a bullish turnaround. And right now, there is plenty of volume to make that the case.

[Read More] 3 Penny Stocks to Watch on Robinhood In October 2021

Overall, we do have to consider that there are a lot of unknowns in the stock market. While Covid cases are declining in some parts of the world, it’s clear that the pandemic is not over yet. And the result of this is high inflation rates, geopolitical troubles, and so on. So, if we take all of this into consideration, we can begin to adapt our strategies with how the market is moving in October 2021. With that in mind, let’s take a look at three penny stocks to watch this month.

3 Penny Stocks to Watch This Month

  • BEST Inc. (NYSE: $BEST)
  • Predictive Oncology Inc. (NASDAQ: $POAI)
  • Farmmi Inc. (NASDAQ: $FAMI)

BEST Inc. (NYSE: BEST)

BEST Inc. is a company that operates as a smart supply chain service provider in China. The company’s BEST Cloud technology platform enables its ecosystem participants to operate through various SaaS-based applications. BEST uses its technology to network and route optimization applications as well as smart warehouses and store management. It offers integrated services and solutions across the supply chain such as warehouse management and order fulfillment.

Last month, the company reported its second-quarter financial results for 2021. The company’s revenue decreased, and it experienced gross loss and net loss as well. This is happening as the company is going through a strategic refocusing plan. Despite these negative results, there have been many days in the market where BEST stock has gone up in price. Its strategic refocusing plan is very important for investors to consider, as it could present long-term potential for BEST stock.

“In the second quarter we continued to press forward with our strategic refocusing plan and build on the encouraging signs we are seeing in network stability, service quality, and cost reduction while adapting to the competitive industry landscape.”

Chairman and CEO of BEST Inc., Johnny Chou In the last month, BEST stock has gone up in price. Considering all of this, will you put BEST stock on your penny stocks watchlist?

Penny_Stocks_to_Watch_BEST_Inc._(BEST_Stock_Chart)

Predictive Oncology Inc. (NASDAQ: POAI)

Predictive Oncology Inc. is a biotech corporation that creates healthcare products for disposing infectious fluids and more. Its STREAMWAY System is an automated system for disposing of fluid to give an uninterrupted performance for physicians. On the other hand, its CRO services enhance the effectiveness of cancer therapy through AI applied to databases. In the past five days, shares of POAI stock have shot up by around 7% and YTD by over 84%.

[Read More] Best Penny Stocks Under $1 To Watch After CEI Stock’s 1,280% Move

In August, the company reported its financial results for the quarter ended June 30th, 2021. The company announced net proceeds of $19.4 million from a registered direct equity offering. The total stockholders’ equity increased from $50.4 million to $53.1 million, compared to $2.6 million on December 31st, 2020. Predictive Oncology’s revenue came in at $350,207 compared to $182,784 year over year. This growth is interesting for investors to consider, and shows that the company is working hard to progress.

“As we look towards the latter half of the year, we are confident that we will retain this trajectory as we invest in our people and our product offerings, supporting pharmaceutical companies to deliver more targeted approaches to therapy, increasing our footprint in this space and bringing value to our shareholders.” - CEO of Predictive Oncology, J. Melville Engle.

In the last month, POAI stock has increased substantially in the market. So, will this company make your list of penny stocks to watch?

Penny_Stocks_to_Watch_Predictive_Oncology_Inc_POAI_Stock_Chart

Farmmi Inc. (NASDAQ: FAMI)

Farmmi Inc. is a penny stock that we’ve been talking about for months now. Despite a 60% drop in value in the past six months, shares of FAMI stock have been skyrocketing in recent trading sessions. In the past five days, FAMI stock has shot up by a staggering 104% including an over 27% gain at midday on September 30th.

While Farmmi does have a lot to offer, the other main catalyst behind this movement is FAMI’s placement as a meme stock. This is the result of it being discussed heavily online via Reddit and Twitter. On September 29th, the CEO of Fammi issued a letter detailing its forward expectations for growth and expansion.

The CEO of the company stated that “Farmmi has made tremendous progress over the past 20 years, as we have built an industry leading agricultural brand specializing in the production, processing, marketing, and research of edible fungi products. In addition to continuing deep cultivation of edible fungi, we are constantly evaluating strategic options to optimize and expand our business.”

Alongside several acquisitions, the company plans to expand its health and wellness business in the near future. If you’re not familiar with FAMI, it is a supplier of fungi to both retail and wholesale markets. This includes shiitake’s, Mu Er mushrooms, and other agricultural products.

The company has been working hard to expand in the last year, especially considering the effects of the pandemic. And as a result, it looks like this hard work may be paying off right now. It’s worth noting that FAMI stock is highly volatile as illustrated by its recent price movements. But, if that is part of your strategy, FAMI stock could be worth adding to your watchlist.

Penny_Stocks_to_Watch_Farmmi Inc. (FAMI Stock Chart) Are Penny Stocks Worth It or Not? Finding the best penny stocks for your buy list can be challenging. But, with so many factors contributing to larger market momentum, there is plenty to take advantage of.

[Read More] 5 Short Squeeze Penny Stocks To Buy For Under $5 Right Now

As always, the best way to make money with penny stocks is to have a proper trading strategy. This means understanding how the market will fluctuate and what is contributing to its movements. With all of that in mind, do you think that penny stocks are worth it or not?

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5 Short Squeeze Penny Stocks To Buy For Under $5 Right Now
By: pennystocks Penny Stocks [pennystocks.com]    
   on Sep 29, 2021

Trading penny stocks is something people do every day. But over the last 18 months, a lot has changed. There’s a lot more chatter among retail traders, and that’s to be expected. Millions of new market participants have entered the ring looking to make money with penny stocks and blue chips.

The rise of meme stocks opened the flood gates for new trends to take hold in the stock market today. Things are becoming more thematic, whether it’s the latest sector trend like energy and electric vehicles or simply looking for penny stocks under $1. One of the more popular and recently discussed themes relates to stocks with higher levels of short interest. These “short squeeze stocks” are sought after by mainly retail traders. They’re looking to capitalize on volatility that can ensue from a short squeeze.

What’s A Short Squeeze?

I’ll briefly touch on the metrics of a short squeeze. Then we’ll dive into a list of potential short squeeze penny stocks that can be bought for under $5. So, what is a short squeeze? To understand this, you’ll need to know what shorting is in the first place. Without getting into an entire lesson on short squeezes, let’s look at some basics. Shorting is when a trader expects a stock to decline. To benefit from this, the trader borrows shares from a broker, sells them, then hopes to repurchase them at a lower price later on to return the shares to the lender. The difference between the higher selling price and the lower buyback price is the profit.

Read more: 5 Penny Stocks To Watch Under $1 After CEI Stock’s 900% Rally

When a short squeeze gets triggered, the stock ends up going higher instead of lower. Short sellers still need to cover their short but are forced to buy back shares at higher prices and take a loss. As short cover volume combines with retail buying, the shorts get “squeezed” or forced to cover. This is something we’ve seen happen with companies like Camber Energy (NYSE: $CEI), AMC Entertainment (NYSE: $AMC), GameStop (NYSE: $GME), and countless others this year.

Short Squeeze Penny Stocks To Buy Under $5

Short squeeze penny stocks typically have a few common traits. First, they’ve got higher short interest. This is based on the percentage of the float short at a given time. Many will also have a lower float. However, this isn’t always the case. However, the lower the float, the more volatile things can become. No matter how “cheap” a stock might be, it’s essential to take multiple factors into account. Will these be the best penny stocks to buy right now?

  • Farmmi Inc. (NASDAQ: $FAMI)
  • Enveric Biosciences (NASDAQ: $ENVB)
  • Progenity Inc. (NASDAQ: $PROG)
  • Alset EHome International (NASDAQ: $AEI)
  • US Well Services (NASDAQ: $USWS)

1. Farmmi Inc. (NASDAQ:FAMI)

One of the hot penny stocks under $1 to watch this week is Farmmi Inc. It has its primary business model focused on mushrooms. I’m not talking about the popular trend in psychedelics, though. Farmmi specializes in things like fungus and Shiitake mushrooms and sells to a global consumer base. It has also begun expanding its offerings through a series of new acquisitions and establishing additional subsidiaries.

I won’t give a history lesson on the company. But what I will say is that September has been or of the more active months for corporate updates. Part of that string of news were headlines related to a discounted financing round that brought in $81 million and triggered a sell-off in the stock. Since things have settled down, retail traders are refocusing on Farmmi’s expansion plans.

In an update this week, CEO Yefang Zhang explained Farmmi’s recent acquisitions and expansionary plans. These include its newly acquired Jiangxi Xiangbo Agriculture and Forestry Development company. New products like bamboo, Chinese fir trees, and Camellia oil came with this purchase. Farmmi also established several subsidiaries focused on health and wellness.

However, the focus seems to be more on the FAMI stock price and short position. It’s currently trading below $0.30, and short float percentages are hovering around 38%. Given a focus on penny stocks under $1 and potential short squeeze stocks, FAMI could be one to watch.

short squeeze penny stocks to buy under $5 Farmmi Inc. FAMI stock chart

2. Enveric Biosciences (NASDAQ:ENVB)

Similar to Farmmi, Enveric is also focused on mushrooms. But in this case, we’re talking about the “magic” kind of fungus. Specifically, Enviric is taking a step into neuroscience through the acquisition of MagicMed Industries. This deal will see the companies focus on creating a library of derivative psychedelic molecules such as psilocybin, N, N-dimethyltryptamine (DMT), and other molecular derivatives.

In a press release earlier this month, Dr. Joseph Tucker, incoming CEO of Enveric, explained, “Our platform has the potential to disrupt and unlock much-needed mental health treatments through psychedelic therapies…We have brought together pharma and biotech experts with years of experience in bringing innovative treatments to market as well as a discovery team with a world-class biotech laboratory.”

Read more: These Penny Stocks Are Popular With Retail Traders Right Now

This progress has also earned the company some bullish attention from analysts. Aegis and Maxim have both gotten behind Enviric with Buy ratings this summer. Maxim’s current price target is $6, while Aegis has a $7 target. As far as potential short squeezes go, ENVB stock is on the lower end of “high short interest stocks.” In this case, most data shows a short float percentage of around 14%.

short squeeze penny stocks to buy under $5 Enveric Biosciences ENVB stock chart

3. Progenity Inc. (NASDAQ:PROG)

On the more traditional side of biotechnology, Progenity has also come onto this list of short squeeze stocks. Most outlets show PROG stock short float percentage over 40% right now, which is high by any account. It also has a relatively lower float in comparison to some of the other names on this list. So keep this in mind as well.

Unlike Enveric, Progenity is developing products for molecular testing. The company has worked on advancing things like its PreecludiaTM test to rule out preeclampsia in pregnant patients. A recent study demonstrated that Preecludia could “significantly distinguish” between the presence and absence of preeclampsia. Furthermore, this month Progenity was granted a patent for its preeclampsia rule-out test.

According to the company, this test is expected to target an addressable market of up to $3 billion annually. With a patent granted, this could help open opportunities for partnerships and additional commercialization opportunities. This is what Matthew Cooper, Ph.D., chief scientific officer of Progenity, explained earlier this month.

With a higher short float percentage and considering it’s one of the penny stocks under $1 right now, it could be one to watch.

short squeeze penny stocks to buy under $5 Progenity Inc. PROG stock chart

4. Alset EHome International (NASDAQ:AEI)

Another one of the penny stocks we’ve discussed is Alset EHome International. The company focuses on sustainable healthy living and develops EHome communities. Other facets of the business focus on myriad industries all centered around technology. In more recent news the company was wearing its investing hat, so to speak. Alset took a larger stake in another penny stock company, Document Security Systems. Alset owned roughly 11.7% of the common stock of DSS.

“This exercise demonstrates the confidence AEI has in DSS and exemplifies the value we place in DSS as a company that we are able to work together with for a brighter future,” commented the Company’s Chairman and Chief Executive Officer, Heng Fai Chan. “We are excited by what lies ahead for the two companies and what we are able to achieve together on an accelerated basis through a shared vision.”

Even though this was the most recent, it hasn’t been the sole focus of traders. One of the updates that have stuck with the retail public is Alset’s deal with Tesla (NASDAQ: $TSLA) earlier this summer. The company entered into a strategic agreement with Tesla for an initial supply of Tesla PV solar panels, Powerwalls and electric-vehicle chargers to be installed at single-family homes. Alset further expressed interest in acquiring more units for its Houston area pads for delivery this year with plans to develop more than 5,000 intelligently designed Ehomes in the next three to five years.

Similar to PROG, AEI stock shows a percentage float short figure on the higher end of the spectrum. Most data sources have this sitting north of 30% right now.

short squeeze penny stocks to buy under $5 BEST Inc. BEST stock chart

5. US Well Services (NASDAQ:USWS)

Energy stocks have been red hot this month. More recently, this week has seen countless oil and gas, carbon capture, and even alternative energy stocks climb. This includes producers, supply chain management, distribution, and everything in between. US Well Services is part of the “picks and shovels” portion of the energy industry. The company provides hydraulic facing services for electric fracing stimulation.

This year US Well Services has focused on transitioning to a fully electric frac services company. In its second-quarter update, CEO Joel Boussard explained that “during the quarter we finalized the design of our new 6,000 HHP Nyx Clean Fleet(R) pump, resolved outstanding litigation, began implementing a plan to reduce term loan borrowings, and raised funds to grow our electric fleet.”

The fact that we were able to accomplish so much while maintaining the highest levels of service quality and posting strong financial results is a testament to the resolve, efficiency and capability of the U.S. Well Services team.

With energy industry activity improving, related stocks have begun benefiting. As far as USWS being considered in the “short squeeze stock” category, most data shows a short float percentage of around 20%.

short squeeze penny stocks to buy under $5 US Well Services USWS stock chart

Will Penny Stocks Experience A Short Squeeze?

Short squeeze stocks have become a fan favorite among retail traders. But they aren’t for everyone. If you don’t understand how to trade when extreme volatility is in play, it’s best to get a bit more experience first. Understand how to set up your trading plan, identify profit targets, and determine what works best for you when prices are all over the board. Regardless, when short squeezes happen, they can bring the potential for some of the most extensive breakouts in the stock market today.

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5 Penny Stocks To Watch Under $1 After CEI Stock’s 900% Rally
By: pennystocks Penny Stocks [pennystocks.com]    
   on Sep 28, 2021

Best Penny Stocks To Watch Right Now If you’re looking for the best penny stocks to buy right now, grab a number and get in line. This year has been one of the wildest when it’s come to these cheap stocks. Thanks to the meme trend early on, retail traders have become well aware of low-price stocks’ potential.

Whether it was the AMC Entertainment (NYSE: $AMC) rally from $1.92 to highs of $72.62 or the latest breakout of Camber Energy (NYSE: $CEI) from $0.33 to highs of over $3.30, the proof is in the pudding as they say.

Not all penny stocks respond this way. But it isn’t unusual to find stocks under $5 that jump 50% or more within a single day or week. The important part is knowing how to find opportunities early. In addition to that, you’ll want to have a plan going into the trade.

Are you aiming for short-term gains or planning on swinging it for a few days? Or looking to invest in penny stocks? Your plan can evolve, of course, depending on market conditions. You can also use different strategies to keep you in winning trades longer for when stocks like CEI and AMC end up running for more than just a few days.

It’s crazy to think that at one point in the not-so-distant past, so many of the meme stocks were trading as penny stocks. Today’s article focuses on some of the lowest-priced names in the stock market today. But thanks to CEI stock‘s epic run, could be on the radar heading into October.

Top Penny Stocks Under $1 To Watch Right Now

  • Alpha Esports Tech (OTC:APETF)(CSE:ALPA)
  • Enzolytics Inc. (OTC: ENZC)
  • NXT-ID Inc. (NASDAQ: $NXTD)
  • Superior Drilling Products Inc. (NYSE: $SDPI)
  • Aikido Pharma Inc. (NASDAQ: $AIKI)

1. Alpha Esports Tech (OTC:APETF)(CSE:ALPA)

alpha esports tech investor info deck image

One of the latest trending penny stocks to watch this month is Alpha Esports Tech. The recent news that the company’s shares are DTC eligible has opened up more access to US brokerages. Leading up to this, momentum had already been picking up. If you look at the last four days of trading, you’ll see what I mean.

One of the themes that have remained a focus for Alpha since going public this year is expanding its footprint. The company has ramped up efforts to establish critical partnerships with leading sports organizations and other Esports companies. According to Alpha, it has already partnered & worked with HUGE names in sports, entertainment, and education, including Barstool Sports, ESPN Radio, Devil Child, Oxygen Esports, Notre Dame, Syracuse University, Penn State, University of British Columbia, University of Rochester, Western Michigan University, and others.

It most recently inked a deal to become the Official Online Gaming Portal of Nets Gaming Crew, the NBA 2K League affiliate of the Brooklyn Nets, providing Alpha the opportunity to directly connect with NetsGC’s network of fans and the NBA 2K League community. NetsGC and Alpha will team up to host two esports tournaments on the GamerzArena platform – one for high schoolers and one for college students, just for starters.

What To Watch With Alpha Esports

Where the real opportunity comes to light is the way Alpha is monetizing its user base. Its GamerzArena+ product is a subscription-based service allowing members access to higher-paying tournaments along with the ability to access unique and special events. What’s more is that the other partnerships that Alpha has established have helped expand its global reach in places like India, Brazil, and North America.

Led by experienced names from Red Bull, Reel One Entertainment, The Golden State Warriors, Mount Sinai, Victory Square Technologies, Activision, and Atari, Alpha is emerging as one of the esports stocks to watch in 2021.

2. Enzolytics Inc. (OTC:ENZC)

best penny stocks to watch today Enzolytics Inc. ENZC stock

Another one of the penny stocks under $1 that’ve gained momentum recently is Enzolytics. The company specializes in drug development for treating infectious diseases. In particular, its platform includes potential treatments for HIV/AIDS, as well as the coronavirus. While there haven’t been many new updates, its share price has recorded substantial gains this month.

At the end of August, shares traded around 12 cents. As of this week, ENZC stock has reached highs of just over $0.17. This might only equate to a 5-cent move. However, since this is one of the cheapest penny stocks on this list, a move like that is worth more than 40%.

What To Watch With Enzolytics

In its last update, Enzolytics announced the completion of its agreements with Danhson and Clinic Design for advancing its ITV-1 anti-HIV therapeutic to production and clinical trials. Danhson will produce the therapeutic while Clinic Design undertakes the task of conducting clinical trials. At the time (July 2021), the company explained that “Production of the therapeutics is expected to be completed in the next few months followed by clinical trials to be conducted immediately thereafter.”

Read more: 3 Penny Stocks to Watch Amid High Market Volatility

According to the company, in in vitro tests conducted in 5 international laboratories, ITV-1 was shown to fully neutralized over 95% of all strains and viral subtypes of HIV-1 against which it was tested. Enzolytics explained that the basis for its broad-spectrum efficacy is that Clone 3 antibody targets an immutable epitope on the HIV virus. Given the speculation has begun building once again, ENZC stock has remained on the watch list for some traders right now.

3. NXT-ID Inc. (NASDAQ:NXTD)

best penny stocks to watch today NXT-ID NXTD stock

NXT-ID has worked on bouncing back from a significant dip earlier this month. The company announced a public offering to raise $12.5 million at a steep discount to the market at that time. Following the drop, NXTD stock had upheld levels and a consistent trading channel between $0.40 and $0.50.

The company is a tech company focusing on biometric and behavior-metric identity verification. Its LogicMark subsidiary opens the door for the company to manufacture and distribute both non-monitored and monitored personal emergency response systems. With millions in fresh capital, NXT-ID has earmarked funds for new product development and liability reduction, among other things.

What To Watch With NXT-ID

Right now, the attention is on an upcoming proxy vote. There’s a special shareholder meeting next month on the 15th. With this, holders of NXTD stock will decide on the outcome to allow the company to effect a reverse split or not. The primary purpose of the split, according to NXT-ID, is to regain compliance with the Nasdaq and have a minimum price of $1. The split has already been supported by proxy advisory firms, which has helped boost sentiment this week. With the proxy date looming, will NXTD be on your list of penny stocks to watch heading into October?

4. Superior Drilling Products Inc. (NYSE:SDPI)

best penny stocks to watch today Superior Drilling Products Inc. SDPI stock You can’t talk about trending penny stocks today without mentioning at least one energy company. Superior Drilling Products has experienced a strong move this week thanks to upbeat industry sentiment. Furthermore, SDPI stock also falls into the low float stock category that many retail traders have followed recently. In the case of Superior, the total outstanding share count sits below 26 million. Furthermore, some outlets list the float at just over 11 million. By most accounts, SDPI can be considered one of the low float penny stocks to watch.

Why would anyone look for this feature? When you’re talking about lower “floats,” you’re talking about stocks that have fewer shares freely trading between public hands. Basic supply and demand say that lower supply and higher demand equate to higher prices, and higher supply with lower demand is the opposite. Low float penny stocks are well-known for their volatility. In this light, SDPI stock has gained some interest.

What To Watch With Superior Drilling

Along with the low float trend, energy stocks are hot right now. Superior Drilling specializes in developing drilling tool technology aimed at cost savings for its customers. Its solutions include Superior’s Drill-N-Ream well bore conditioning tool and its Strider oscillation system. In its latest round of earnings, the company expressed that it had seen favorable responses from its products.

“We believe our strong growth this quarter clearly demonstrated the value of our Drill-N-Ream(R) (“DNR”) well bore conditioning tool as well as the growing demand for our manufacturing capabilities. The DNR is enabling drilling innovation. We believe that by including our tool in their drill string, producers are able to drill more complex well profiles and increase the total flow area of their wells while covering greater footage in shorter amounts of time.” - Troy Meier, Chairman and CEO

With this backdrop against a bullish energy market, SDPI may be on the list of penny stocks to watch among retail traders.

5. Aikido Pharma Inc. (NASDAQ:AIKI)

best penny stocks to watch Aikido Pharma AIKI stock

Aikido Pharma jumped this week thanks to a string of news-fueled momentum. The company announced its latest investment in telehealth company Kerna Health. The digital health platform is used for digital health monitoring and virtual care.

The attractive part mentioned by Aikido was that Kerna is quickly developing a large backlog of shared revenue contracts. In particular, the backlog of executed contracts was already at $25 million in Pro-forma shareable revenues along with additional in-process contracts Aikido said could grow to $50 million “n the short term” with $400 million thereafter.

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What To Watch With Aikido

This week momentum continued in the market for AIKI stock. Once again, headlines sparked this move. Aikido announced that it secured interest in Tevva Motors, which produces electric trucks. While this may seem like a deviation from its core model, Aikido has become a company to watch for its investment process as well. Earlier this year, the company invested in DatChat (NASDAQ: DATS), which has become a massive hit in the stock market this quarter. Whether or not this latest deal that offers exposure to the EV space follows suit or not is yet to be seen.

Should You Buy Penny Stocks?

Penny stocks are known for their high risk and reward. Over the last few months, traders have become more familiar with these cheap stocks, and thanks to massive breakouts from the likes of AMC or CEI stock, attention remains at high levels. One of the beauties is that even if the stock market on a broader scale is down like it is today, there’s sure to be plenty of penny stocks to watch that buck the trend.

best penny stocks under $1 to watch right now

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3 Top Penny Stocks to Watch on Robinhood For June 2021
By: pennystocks Penny Stocks [pennystocks.com]    
   on Jun 09, 2021

3 Penny Stocks on Robinhood For Your June Watchlist

Robinhood penny stocks are some of the most popular in the industry for good reason. The main answer for this is that Robinhood is arguably one of the easiest ways to invest in the stock market. Because of its ease of use and accessibility, millions of retail traders now have the opportunity to invest in penny stocks. Combine that with penny stocks which are by nature, under $5, and we see just how popular they have become.

One thing to note is that a large chunk of penny stocks are traded on the OTC exchange. This is due to both the high cost of listing on either the NASDAQ or NYSE, and the required financials to do so as well. But again, a penny stock is by definition, any stock trading under $5. And, there are hundreds of these on Robinhood to choose from. Because of this, finding the best penny stocks to buy solely comes down to research, and seeing if it is on Robinhood if you use that platform to trade.

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Additionally, we have to consider that the effect of Robinhood being so accessible to all is billions of dollars in capital coming from retail traders. This means that volume is higher than ever before and volatility is also extremely high. While this is not a bad thing, it is something to consider with penny stocks on Robinhood. Considering all of these factors, let’s take a look at some of the best penny stocks to watch on Robinhood right now.

3 Penny Stocks on Robinhood to Watch in June 2021

Antelope Enterprise Holdings Ltd. (NASDAQ: AEHL)

Transocean Ltd. (NYSE: $RIG)

Camber Energy Inc. (NYSE: $CEI)

Antelope Enterprise Holdings Limited (NASDAQ: AEHL)

Up by a staggering 42% in early morning trading following a 38% gain yesterday, is AEHL stock. For those unfamiliar, Antelope Enterprise manufactures ceramic tiles for a myriad of uses in China. Amid falling Covid cases and vaccine rates at all-time highs, people are beginning to work on their homes, and large companies are continuing major infrastructure projects. While this has been going on for the past few months, it is pickling up intensely right now.

Antelope supplies all types of tiles through its various subsidiaries, vastly increasing its market reach and consumer demand.These tiles are used for interior flooring, design, and exterior siding in residential and commercial buildings. Its brands include HD, Hengda, HEDL, Hengdeli, TOERTO, and many more in China.

Back in April, the company released its financial results for the second half of 2020. Revenue for the company came in at around $21 million, down by around $300,000 over the same quarter of the previous year. While it did pull in a substantial loss of $3.67 per share, this is much less than the $13.08 loss per share it took in during the same period of 2019.

“Our average selling price subsequently decreased for the second half of 2020 as compared to the same period of 2019, where the price decrease was in effect for only two months, but this mitigated what we believe would have been a greater decline in sales as compared to the modest decrease in sales volume that occurred in the second half of the year as business conditions due to the COVID-19 pandemic began to normalize.”

The CEO of Antelope, Ms. Meishuang Huang While there is no company-specific news driving this massive price spike, it could be the result of high speculation and future hopes on the end of the pandemic. It’s hard to pinpoint one reason, but we do see moves like this occasionally with penny stocks. Considering this, will it be on your list of stocks to watch in June?

Transocean Ltd. (NYSE: RIG)

Oil and gas penny stocks like Transocean Ltd. have also seen increased demand as a result of the pandemic coming to a close. For those unfamiliar, Transocean provides offshore contract drilling services for wells around the world. It contracts drilling rigs, work crews, and related items to help with the process of offshore oil extraction.

As of February 2021, it has partial interest in or fully owns 37 mobile offshore drilling units. This includes 27 ultra-deepwater and 10 harsh environment floaters. This is quite a large amount and shows that RIG has a great deal of exposure to the energy sector. With its stock price increasing substantially in the past few days, what reasons can we find for this bullish interest?

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On June 7th, Transocean announced an agreement with Jurong Shipyard Pte Ltd. on the delayed delivery of ultra-deepwater drillships. JSPL has agreed to accept deferred payment for the rigs due to the delays. While the time frame of this delivery is important, it is more important that Transocean gets these rigs.

This will result in an ability to begin meeting increased demand. Because of the pandemic slowing down in severity, many believe that the demand for oil and gas will shoot up dramatically in the coming months. While this may not have an immediate effect on RIG stock, it could show up in the company’s financials.

“These agreements clearly represent a monumental achievement for Transocean. As the result, we will take delivery of the two highest specification ultra-deepwater drillships in the world, and the only two assets capable of drilling and completing 20,000 psi wells.” CEO of Transocean, Jeremy Thigpen

While RIG stock had been up by as much as 5% on June 8th it managed to finish the day relatively flat. Despite this, many believe in the long-term future of RIG stock. Whether it’s worth watching, however, is up to you.

Camber Energy Inc. (NYSE: CEI)

Another energy penny stock that is performing well at the moment is Camber Energy Inc. Camber Energy acquires, develops, and sells crude oil, natural gas, and natural gas liquids. The Texas-based company had total estimated proven reserves of 133,442 million barrels of oil equivalent as of last March. Camber also has 207,823 million cubic feet of natural gas reserves. This is a very substantial reserve amount, and it’s worth noting that it still has quite a lot of oil in the ground at its oil fields.

Again, many believe that the demand for oil and gas could rise in the coming months with more people traveling than during the pandemic. But for now, this remains mostly as speculation. Camber’s majority-owned subsidiary, Viking Energy Group Inc., announced its first-quarter results on May 25th. While its revenue was lower than the previous year’s same quarter, this makes sense given the effects of Covid on the energy industry during that time.

The President and CEO James Doris said, “We are pleased with Viking’s Q1 results, especially following the unprecedented conditions experienced in 2020. We are extremely encouraged with the foundation we have established, and are intensely focused on pursuing growth opportunities.”

Many energy companies are sharing this sentiment right now. The results from the latest quarter have been relatively disappointing for most similar businesses. However, investors are hopeful about the long-term future of oil and gas.

CEI stock is up about 3% with more than two times its average trading volume on June 8th. Those financial results were Camber’s most recent updates. It seems like this oil and gas company is recovering from the pandemic amid lower cases and reopening in the United States. It’s worth noting that with little to no restrictions surrounding the pandemic in Texas, Camber could have an easier time getting back to pre-covid production levels. With all of this in mind, will it make your watchlist in June?

Robinhood Penny Stocks Remain Popular

While finding penny stocks to buy on Robinhood can at times be challenging, there is plenty of value. Locating the highest value is the task that all investors both retail and institutional have to deal with.

[Read More] 4 Robinhood Penny Stocks to Watch in Summer 2021

But, with the right research and information at hand, it can be much easier than previously imagined. Considering all of this, there are plenty of reasons as to why Robinhood penny stocks remain wildly popular. This seems to be true with investors of all types. With this in mind, which penny stocks are you watching in June 2021?

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