Penny stocks make up one of the more popular categories of stocks in the market and for good reason too. These are stocks that generally trade for less than $5 a share and hence, investors can accumulate a large number of these shares for a relatively low outlay.
However, if these stocks move upwards quickly then the investors can end up making a fortune. This morning, many investors are going to be focused on penny stocks as well, and here is a look at some of the stocks in which they may be interested. Here is a look at five of those.
Rogue Baron Plc (OTCMKTS:SHNJF) – The first penny stock that makes it to this list is Rogue Baron Plc, which has come into focus in recent times due to the sort of work that is doing in the premium Japanese whiskey market.
The premium spirits company is currently involved in putting in place processes that is going to help it in meeting the surging demand in the market for Japanese whisky. The secret sauce for the company in this regard is the premium whisky brand Shinju Japanese Whisky, which it owns. Rogue Baron has also noted that it has put in place a long-term strategy that is not only going to be attractive to consumers but also to investors and also to bigger brands who might wish to acquire the company.
If an acquisition does happen then it may result in the stock delivering considerable gains to long-term investors and that is a possibility that may be on the back of the minds of many investors. The taste of Japanese whisky is quite similar to Scottish whisky and that is the reason why the market for the variant is growing. Rogue Baron is looking to cash in on it.
Healthier Choices Management Corp (OTCMKTS:HCMC) was in action as the stock saw big gains on higher volume. The stock ended higher by 33% to $0.00020 on hefty volume.
The company announced its exclusive provider contract with Elevated Living for servicing nine luxury condominiums with in-home IV Therapy Treatments in Fort Lauderdale, Florida.
Elevated Living, an industry leader, gives vertically integrated resident experience platforms and services to more than 250 luxury buildings. The platform combines people, technology, and neighborhoods. Elevated Living facilitates real estate owners making luxury apartment communities function like 5-star hotels. The company enables residents to book lifestyle services from vetted and approved providers with a user-friendly, online, and one-application resident experience.
Konrad Koczwara, CEO of Elevated Living said that the Healthy Choice Wellness Center fits well with the needs of the luxury and health-conscious-based clientele. The CEO added that the company is pleased on offering services in Fort Lauderdale and is looking forward to expanding the relationship.
Jeff Holman, CEO of HCMC expressed delight in having the opportunity to give the Healthy Choice Wellness Center services in the concierge setting to the clients of Elevated Living.
IJJ Corporation (OTCMKTS:IJJP) stock continues to trend higher in the previous session and closed higher by 14%. The stock has soared over 60% in the past week.
Last month, the company came up with updates with regards to its WebApp projects, filing requirements, and NFT Application. It was noted that the first NFT collection from Angel Anya had been announced by Montech Studio. The collection had been launched last week on May 16 and has been made available to both the music industry as well as to her fans. The company provided a series of crucial updates with regards to its business and most of those updates were an indication regarding the fact that things were progressing at a decent clip.
VirExit Technologies Inc (OTCMKTS:VXIT) was the biggest percentage gainer and soared over 64% to close at the session’s high of $0.0023. More than 25.35 million shares traded hands, compared to its average volume of 8.15 million shares.
The company operates as a renewable energy company. It is involved in incubating solar technologies that establish electrification, education, connectivity, and community development infrastructures in rural communities to empower the individual, community, and local economy. The company was formerly known as Poverty Dignified, Inc. VirExit Technologies, Inc. was founded in 2013 and is headquartered in Belmont, North Carolina.
Global Entertainment Holdings (OTCMKTS:GBHL) stock was one of the biggest gainers in Tuesday’s trading session and closed higher by 18% to $0.0020. The stock has been outperforming the broader market trend with a jump of 42%.
Founded in 1996 and based in Nevada, Global Entertainment Holdings (OTCMKTS:GBHL) is an independent entertainment content production as well as a distribution company. The company connects with audiences through compelling motion picture content as well as social media websites. Global Entertainment Holdings produces as well as sells motion pictures besides distributing Hollywood classic movies, TV shows as well as vintage cartoons. The firm developed You’ve Got the Part, a social media web platform, and operates WeedWeb.com, a professional cannabis network.
Spooz, Inc (OTCMKTS:SPZI) stock saw an impressive session and closed up by 20% to $0.0014.
has confirmed its achievements for quarter one of 2022. The company is proud of its work done in the last three quarters since the resurrection just before the SEC deadline on June 30, 2021.
Quarter one (July through September) can be seen as a time of “scrambling,” while quarter two (October through December) was “strategic organization” and last quarter an exercise in “building the team as well as company’s operational infrastructures. The last quarter had moments of diverse issues as well as creative solutions, doubts, and greater clarity on the Spooz business model. This clarification has led to a simplification of complex tasks as well as streamlining of organizational structures.
