Welcome to PennyStocks.com
Penny Stocks (PennyStocks.com) is the top online destination for all things Micro-Cap Stocks. On PennyStocks.com you will find a comprehensive list of Penny Stocks & discover the Best Penny Stocks to buy, top penny stock news, and micro-cap stock articles. 2021 is expected to be a huge year for penny stocks.
Unsubscribe at anytime.
Best Penny Stocks to Buy Right Now? 3 You Need to Know About
These penny stocks shot up today, are they worth watching or not?
Hot Penny Stocks To Buy On Robinhood For Under $1 Right Now
Published on September 17, 2021, 12:40 America/New_York
D. Marie
best penny stocks,
CEI,
CEI stock,
CRVS,
CRVS stock,
list of penny stocks,
meme penny stocks,
meme stocks,
penny stock,
penny stock news,
penny stocks,
penny stocks to buy,
penny stocks to watch,
REED stock,
top penny stocks
3 Penny Stocks to Add to Your September Watchlist Right Now
With the market hitting a small slump today, there are still plenty of penny stocks that are showing potential. To understand why the broader stock market is down, we have to take a look at the industry wholly. It seems as though there is a lot of fear surrounding both penny stocks and blue chips. And when there is fear in the market, we often will see large fluctuating shifts.
[Read More] Hot Penny Stocks to Buy Right Now? 3 For Your Watchlist
Following a less than stellar August jobs report, some investors are in fear that the economy could be slowing. Combine that with the high rate of Covid cases and we get a better idea of what is going on in the stock market right now. But, many traders are overlooking the positive signs such as better than expected retail sales, and higher consumer spending.
"The steep August falloff in consumer sentiment ended in early September, but the small gain still meant that consumers expected the least favorable economic prospects in more than a decade."
Richard Curtain, the Chief Economist at the Surveys of Consumers
So, if we consider that fear is the main driving force despite some positivity, we see that there could be untapped potential in the market. With all of that in mind, let's take a look at three penny stocks to watch right now.
3 Penny Stocks to Watch in September 2021
Corvus Pharmaceuticals Inc. (NASDAQ: CRVS)
Reed's Inc. (NASDAQ: REED)
Camber Energy Inc. (NYSE: CEI)
Up by more than 80% at midday are shares of CRVS stock. This brings its one-month gain to over 110% which is no small feat. To understand why CRVS stock shot up so heavily today, let's take a closer look at the company.
The latest news from the company came last month when it announced an IND application submitted by its Chinese partner Angel Pharmaceuticals. This involved the compound CPI-818 for the treatment of various T cell lymphomas. In addition, it stated that it will be participating in several upcoming investor conferences, which is also positive news.
But, neither of these announcements seem to be the reason for CRVS stock driving up in price today. Rather, we can look at its placement as a meme stock and its mentions across social media. If you're unfamiliar, a meme stock is a company that spikes in value due to its trending nature online. This is the case with plenty of other penny stocks and blue chips right now.
As for CRVS, we can identify it as such as there is no company-specific news announced today despite its over 80% gain. However, social media platforms such as Twitter, Reddit, and Discord have seen a major uptick in discussions surrounding CRVS stock. And as a result, it is quite popular right now. So, while this means that it is also highly volatile, it could be worth keeping a close eye on in the coming days. Whether it's worth adding to your penny stocks watchlist is up to you.
Another big gainer of the day so far is REED stock, pushing up by over 19% at midday. Aside from a market forecast which we'll get into shortly, Reed's did make an announcement only a few days ago. The company stated that it will begin selling seasonal offerings related to the upcoming holiday period.
"As the leader in ginger beverages, Reed's knows our consumers are looking for new and innovative ways to experience the spicy and sweet flavor of real ginger."
Lindsay Martin, VP of Marketing at Reed's
[Read More] Do These Penny Stocks Present a Buying Opportunity At Current Prices?
If you're unfamiliar with the company, Reed's is a provider of beverages and sweets, with products in over 40,000 stores across America. It owns several leading beverage brands focused on ginger and other all-natural ingredients. Only recently, a report came out indicating that there could be solid growth in the live soda and kombucha market.
The report, produced by Zion Market Research, states that the kombucha market could grow to over $5.4 billion by 2026 which demonstrates a CAGR of 22.4$ from 2019 to 2026. This is solid news for Reed's, despite kombucha not being its main product by a long shot. However, the company is heavily involved in the natural beverages market, indicating this sizable potential. With all of this in mind, will REED stock be on your list of penny stocks to watch?
If you've been following Pennystocks.com for the past few weeks, you've likely seen CEI stock mentioned numerous times. And while there are several reasons for that, the main reason is its substantial gains in the past few weeks. Up by another 4% today, shares of CEI have pushed up in the past five days and one month by 23% and 378% respectively.
These numbers are very substantial and are reflective of both CEI's business, but also its placement as a meme stock. Camber Energy has been frequently mentioned on social media in the past week or two, which has resulted in this massive uptick in value during that time. CEI also has a massive short float which has again, resulted in the short squeeze and subsequent major gain for the company during the past month.
Based in Texas, Camber is an energy company that owns a variety of oil and natural gas assets across the U.S. It provides custom energy solutions to its customers which span North America. Recently, it secured an IP license for a patented carbon capture system through its subsidiary, Viking Energy Group. And as a result, many investors are showing faith in the long-term potential of CEI.
However, it's worth noting that CEI stock is highly volatile (if that wasn't already clear). And because of this, investors should fully understand their own tolerance for risk and whether CEI stock fits into that risk profile. But, with all of this in mind, do you think that CEI is worth adding to your penny stocks watchlist in September?
Which Penny Stocks Are You Watching Right Now?
Finding the best penny stocks to buy in 2021 is all about understanding which companies could be worth it. To do this, it takes researching and developing a trading strategy that is consistent with what is going on in the market.
[Read More] 5 Penny Stocks To Buy According To Insiders In September
Right now, this involves Covid, long-term inflation, and geopolitical ups and downs. So, with all of this in mind, which penny stocks are you watching right now?
Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | news@pennystocks.com
Trading Penny Stocks
Best Penny Stocks Today: Why NVCT Stock Is Moving 230%+
Here's why NVCT stock is moving right now.
Best Penny Stocks To Buy Today? 4 Stocks On Robinhood To Watch
4 Penny Stocks Traders Are Buying On Tuesday
4 Penny Stocks to Buy For Under $1 Right Now
Right Now These Penny Stocks Can Be Bought For Less Than $1…
Penny Stock Basics
Hot Penny Stocks to Watch Right Now? 3 For Your List in May
Here are three penny stocks for your watchlist right now
Stock Master: Investing Stocks
PennyStocks.com Official Partner App
Pinterest 257 Followers
YouTube 350 Subscribers
3 'Must Haves' For Penny Stocks to Be Worth Investing In
Penny stocks must have these three things to be worth investing in
Fed Meeting Live: 10 Takeaways From 1st 2023 FOMC Meeting & Statement
FOMC Statement From January 2023 Fed Meeting & Jerome Powell Press Conference
Penny Stocks To Buy: 3 Stocks Under $3 To Watch This Week
Penny stocks to buy for under $3 but are they worth the risk?
The 3 Biggest Impacts on Penny Stocks Prices
These factors are the main causes of penny stocks price movement
Join Our Free Penny Stock Newsletter:
PennyStocks.com is the #1 resource for all things Penny Stocks. Sign up today for Free!
We hate spam. Unsubscribe anytime. Disclaimer & Terms of Use | Privacy & Cookie Policy
© Copyright 2023 - PennyStocks.com
Disclaimer & Terms of Use | Privacy & Cookies Policy | Contact Us
Click here to view full chart and company information.
Want to receive news on $?
Download a Free PDF Report on
We will also add your email to the PennyStocks.com premium newsletter.
Subscribe & Send My Report
Disclaimer | Privacy
The Beginner's Handbook For Trading Small-Cap Stocks
Stock Alerts And Ideas