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Investing in penny stocks is a high-risk, high-reward endeavor that can offer significant returns for those who are willing to take a chance. One of the essential factors to consider when trading penny stocks is momentum, the upward trend that can propel a stock to new heights.
While investing in penny stocks can be risky, the potential for substantial gains is what makes it so exciting. With careful research, analysis, and a willingness to take calculated risks, investors can identify promising opportunities and potentially profit from the momentum of these exciting companies.
When momentum builds behind a penny stock, it can quickly gain value and experience big gains, making it worth paying attention to in order to gauge its potential future trajectory. For investors looking to capitalize on these gains and potentially reap substantial rewards, keeping a close eye on these four stocks and their performance in the coming days and weeks is essential.
The first company is
Recently, the EPAZ spinoff ZenaDrone announced that their groundbreaking AI-predictive drone Smart Charging Pad has recently been granted a utility patent from the
The utility patent covers the ZenaDrone Smart Charging Pad, a game-changer in the drone charging industry, providing a more affordable solution for charging drones that weigh over 250 pounds.
Currently, the charging options on the market include competitors who charge exorbitant prices for drone chargers only capable of charging drones weighing less than 55 pounds, ranging from
With its advanced technology and environmentally friendly design, the ZenaDrone Smart Charging Pad is capable of understanding and learning from its surroundings and selecting the optimal energy source, making it an appealing choice for businesses operating in remote areas.
Equipped with updated AI predictive automation software, the ZenaDrone 1000 is specifically designed for use in the military, as well as oil and gas, and agriculture industries. Moreover,
The banning of Chinese-made drones within the US government has opened up significant opportunities for the company.
The US government has a major need for non-Chinese drones. The government is pushing initiatives to obtain made-in-America drones through its BlueUAS program. ZenaDrone is currently in the process of applying for BlueUAS. According to the company, the current list of American-made drones is very short.
For investors looking for a profitable opportunity in a quickly expanding market,
Another potential momentum play from Wednesday is Tautachrome, Inc. (OTC:TTCM), which finished the day up 55.56%. Tautachrome is a technology-driven company that specializes in the development of cutting-edge Internet applications.
TTCM is an early-stage Internet applications company that is actively involved in a variety of business and technology development initiatives, such as KlickZie ARknet technology, KlickZie's blockchain trading currency ecosystem, and KlickZie-activated digital imagery businesses. In addition, TTCM provides augmented reality, smartphone-image authentication, and imagery-based social networking interaction services.
The gains on Wednesday followed an 8-K filing, detailing an exchange between
Keep TTCM on your watchlist to see if the stock can carry its momentum through the week.
Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE), a
On the 14th, the company issued a statement stating that they are aware of the current news and reports surrounding Silicon Valley Bank’s liquidity concerns and that they do not have any cash or cash equivalents on deposit at
The update also verified that FFIE's
Though in a different price sector than the rest of the stocks, one that was on fire on Wednesday was ThermoGenesis Holdings Inc. (NASDAQ:THMO). ThermoGenesis Holdings' shares experienced a significant surge of up to 98.59% by the end of trading on Wednesday, following the company's announcement of its plan to introduce 12 ReadyStart current Good Manufacturing Practices (cGMP) suites in
This move represents a significant milestone in THMO’s transformation from a medical-device company to a contract development and manufacturing organization in the gene-editing field. According to ThermoGenesis, if fully occupied, the 35,500-square-foot facility could generate
Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. RazorPitch is responsible for the production and distribution of this content. RazorPitch is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security.
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