While it is true that blue-chip stocks get all the attention in the media due to the inherent popularity of the concerned companies, it is also true that there is a vast swathe of investors who are involved in microcap stocks on a daily basis.
These stocks generally trade for less than $0.01 and may not always attract a lot of attention from investors. However, it is also true that these stocks can also deliver enormous gains. Here is a quick look at three stocks trading at under $0.01 which you could watch in 2022.
CarbonMeta Technologies (OTCMKTS:COWI): The first such stock that you could consider looking into at this point in time is that of CarbonMeta Technologies Inc. The stock had been in considerable focus among investors on Monday and ended up with gains of as much as 15% as a consequence. It took the gains made by the stock over the course of the past week to as much as 33%.
As it happens, the company’s fully owned subsidiary unit Carbon Source announced yesterday that the Upcycle PLA™ 3D printing filament had been made available on beta. The product is apparently made entirely from plastics made from consumer waste. It was a major new development for the company and one that led to considerable excitement among investors as well. At this point in time, it may be a good idea for investors to keep the CarbonMeta Technologies stock in their watch lists if they are looking to invest in stocks trading under $0.01.
However, investors ought to keep in mind trading volumes in these stocks can often be low and hence, it may be a good idea to keep that in mind when trading it.
Marketing Worldwide Corporation (OTCMKTS:MWWC): The next stock trading under $0.01 that could well make its way on to a number of watch lists is that of Marketing Worldwide Corporation. There has been no news about the company this week so far but back on March 9 last week the company had made a major announcement with regards to acquisition.
At the time the company announced that it had completed the acquisition of the cybersecurity firm Application Security and had also managed to string up a strategic partnership with the firm Global Digital Forensics Inc. The acquisition of Application Security could in fact be a major long-term coup for the company considering the sheer potential size of the market in the years to come.
The company already boasts of as many as 800,000 customers and on top of that, it also possesses patent pending technology. The technology in question is going to allow the company in providing support against cyber threats and data breaches in real-time. It remains to be seen if the stock moves strongly in the coming days or not.
RushNet Inc (OTCMKTS:RSHN): Last but not least, it is RushNet Inc that ought to be one of the stocks trading under $0.01 that investors could consider tracking. There has been no news at all about the company in recent times but back on February 18, 2022 the RushNet had actually made an announcement along with its subsidiary companies Grandeza Healthcare and heliosDX.
At the time, the company announced that the audit work that was being conducted by the firm Somerset CPAs had been progressing in an expected manner. That had actually proven to be a significant positive trigger for the RushNet stock at that point in time. At the time, the company had also announced that it was the fifth week of the entire exercise and the auditors has in fact also made a site visit to the company’s facility at Alpharetta in Georgia.
At this point in time, it might be important for investors to consider keeping an eye on the news with regards to RushNet and then make a move one way or another.
