There is considerable interest among investors in stocks which trade for very low prices and it is easy to see why. These stocks allow investors to pick up a large number of shares straightaway and make big profits if there is a positive move. This article is going to provide you with a look into a few stocks which are currently trading below $0.05 a share but are steadily gathering momentum and hence, could be worth tracking.
Gaensel Energy Group (OTCMKTS: GEGR) – While it is true that the Gaensel Energy Group is a diversified company with a wide range of interests, it is also important for investors to keep in mind that the company is also heavily involved in the energy sector.
There has been no news about the company in recent times. However, back on July 29, it announced that its unit Metro VR Studios had announced the initial list of PCVR and VR titles that will be launched early next year.
Halberd Corporation (OTCMKTS:HALB) – Halberd Corporation is involved in the medical technology space and it is perhaps not a surprise that its stock has managed to gain momentum recently. Last week the company announced that its researchers had been successful in demonstrating the capability of controlling the PD-1 levels in human blood serum during in-vitro laboratory testing.
Controlling PD-1 levels allows the body to combat cancer tumors far more effectively and it could well be a significant breakthrough for Halberd. The company’s extracorporeal process can replace PD-1 levels with healthier ones in a few hours as oppose to days or months, which is how long it takes with traditional treatments.
Mass Megawatts Wind Power Inc (OTCMKTS: MMMW) – If you are looking into the solar power space then Mass Megawatts Wind Power Inc is the one to watch this morning.
The company was in the news today that it had been successful in enhancing its Solar Tracking technology so that it could improve levels of energy production by as much as 7%. It should be noted that the Solar Tracking technology is still at a patent pending stage. It may be a good idea to add the stock to your watch list this morning.
BioLife Sciences Inc (OTCMKTS: BLFE) – Lastly, it is the wellness stock BioLife Sciences Inc, which may be looked into by investors who are looking for penny stocks with momentum.
Last week on August 24 the company announced that it was going to bring about an expansion to the possibilities of its orthomolecular medicines and the natural health products unit. This would be accomplished by turning the focus on to hemp products, which the company believes bear disruptive qualities.
Hydro Power Technologies (OTCMKTS:PYBX) develops and delivers innovative green hydropower technology solutions that is cost-effective. It’s a proprietary hydraulic transient control valve system called Hammer1 System to propel impact turbine-driven electrical generators. Clean, Safe, and Renewable Technology.
In addition to that, the company has also managed to develop a system that can raise the power output from an impact turbine hydro generation system. The last time the company was actually in the news was back in September last year when it came up with a corporate update with regards to one of its projects.
