There is almost always a massive following of penny stocks among many investors and it is easy to see why. Most of those stocks trade below the $5 a share mark and hence, it those stocks experience a rally then it is possible for investors to make substantial gains with a low investment. However, at the same time, one needs to conduct thorough research in order to unearth penny stocks. This article is going to give you a quick look into penny stocks which may be worth looking into at this point and which may be on the verge of a pop.
Real Brands Inc (OTCMKTS:RLBD) – The first company from the OTC Markets that makes it to the list is Real Brands Inc. The company had come into existence following a merger with the firm Canadian American Standard Hemp Inc.
The merger was a significant one considering the fact that it brought a whole lot of processes starting from industrial-scale hemp CBD extraction, processing, wholesaling, and production among others under one roof. It was a major coup and the merger had taken place back in 2020.
One of the more important things that is owned by the company is Halo 5, which is a form of proprietary extraction technology and could in fact prove to be one of the engines of Real Brands’ growth in the long term. As the hemp industry continued to grow, it may be a good time for investors to keep a close eye on Real Brands stock and its operations.
As it happens, there has not been any news about the company in recent times but back on June 2 this year, the company made a key announcement that you may look into.
At the time, the company had announced that it had inked a letter of intent with regards to the acquisition of all the assets belonging to Boulder Botanicals and Biosciences Laboratories Inc. Boulder Botanicals is involved in the manufacturing of private label as well as white label non-CBD and CBD products. It could well prove to be a major acquisition for the company and one that could help Real Brands in unlocking long-term value.
Alltemp Inc (OTCMKTS:LTMP) – There was no news about Alltemp Inc on Friday but the stock was in the middle of a strong rally and ended the day with gains of as much as 52%. However, it may be a good time to take a look at the company’s business.
Alltemp is involved in the development, marketing and sales of commercial refrigerants meant for residential as well as the commercial markets. The technology that Alltemp has created is offered globally for the purpose providing an environmentally sound alternative. It will be interesting to see if the stock can continue on its merry ways today.
El Capitan Precious Metals Inc (OTCMKTS:ECPN) – The El Capitan Precious Metals Inc stock emerged as one of the biggest movers last week and on Friday, it ended up with gains of 10%. That took the gains made by the stock over the past week to as much as 82%.
However, there was no news about the company that could have led to such gains. The company is involved in the mining of precious metals as well as other materials. It had been established back in 2022 and based out of Prescott in Arizona. It remains to be seen if the stock can add to its gains today.
NextMart Inc (OTCMKTS:NXMR) – If you are looking into penny stocks which made significant gains last week, you could do well to take a look at the NextMart Inc stock. It had been in considerable focus among investors and ended up with gains of as much as 47%.
The last time the company was in the news was back on July 19 when NextMart announced that it had established two new water stations in the city of Carlsbad in New Mexico. It may be a good idea for investors to keep an eye out for further news about the company in the coming days.
Tiger Oil and Energy Inc (OTCMKTS:TGRO) – There was no news at all about Tiger Oil and Energy Inc on Friday but that did not stop investors from piling on to the stock and sending it soaring by as much as 100%. The company is involved in the exploration and production of oil and natural gas assets in the United States. The company was previously known as UTEC Inc but changes its name to the current one in 2010.
Gaensel Energy Group Inc (OTCMKTS:GEGR) – The last one to make the list is Gaensel Energy Group Inc, which had in fact been in the news last Friday. The diversified holding company announced that Metro VR Studious had been successful in deciding on the initial list of VR and PCVR titles that are going to be launched in 2023.
