CytoDyn Inc (OTCMKTS:CYDY) Stock Slips To A New Low: Should You Panic?

August 5, 2021

Late-stage biotechnology firm, CytoDyn Inc (OTCMKTS:CYDY) on August 3, 2021, announced that director nominations done by an activist group led by Bruce Patterson and Paul Rosenbaum were invalid. The Group attempted on nominating five director candidates for taking over control of the firm’s six-member Board of Directors. CytoDyn’s bylaws have a standard “advance notice bylaw” for protecting shareholders, requiring disclosures through shareholder nomination as well as nominees for providing all…

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Is Forwardly Inc. (OTCMKTS:FORW) Stock a Buy Or Sell After The Recent News?

August 5, 2021

Forwardly Inc. (OTCMKTS:FORW) jumped 9% after its partner Ligand Innovation Global Inc.’s CEO Dayo Olakulehin announced that the company had achieved substantial breakthroughs in developing the latest LifeAir G1 portable ventilator prototype. Following numerous trial configurations, Ligand’s engineers have developed an airway circuitry that can deliver the highest tidal volume despite maximum ling resistance. Olakulehin said that this is the technical jargon regarding the operation of the device. Still, in…

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OneSmart International Education Group (NYSE:ONE) Stock Rockets 68%: What’s Going On?

August 4, 2021

Leading education company in China,OneSmart International Education Group (NYSE:ONE), on August 4, 2021, announced receiving a letter from the New York Stock Exchange dated August 3, 2021,  notifying OneSmart is below compliance criteria relating to the performance of the trading price of OneSmart’s American depositary shares. The firm will be considered to be under compliance criteria in case the average closing price of shares is below US$1.00 over a consecutive…

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Advanced Micro Devices (NASDAQ:AMD) Stock Goes Parabolic: Here is What BofA Securities Saying

August 4, 2021

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) continues to move up and now up by 6% to $119.20 after hitting a new high of $122.49 earlier in the session. BofA’s Vivek Arya highlighted, “We examine Q2 PC/Server CPU trends based on Mercury Research data. Unless specified we are reviewing x86 trends, although we do also analyze Arm units provided by Mercury for the first time in Q1. Q2 CPU sales…

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MannKind (NASDAQ:MNKD) Stock Sees Buying Interest After An agreement With NRx Pharmaceuticals

August 4, 2021

NRx Pharmaceuticals (NASDAQ:NRXP) has signed an agreement with MannKind (NASDAQ:MNKD) to develop a dry powder formulation of ZYESAMI (aviptadil), a synthetic form of human Vasoactive Intestinal Peptide (VIP), produced by the body to help protect cells against inflammatory conditions. Development will be based on MannKind’s Technosphere platform, that is the basis of the U.S. FDA-approved Afrezza inhaled insulin product. The investigational drug has demonstrated a greater than 2-fold increased odds…

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Western Sierra Resource Corporation (WSRC) Stock Sees High Volatile: What’s The Buzz?

August 4, 2021

Western Sierra Resource Corporation (OTCMKTS:WSRC) on 3rdAugust, 2021 announced results from ‘Assay Review and Enhanced Recovery Report’. This was commissioned together with California’s R&P. The company, founded in 1907, has 114-year history as a gold and silver mining company with projects in Arizona, Nevada, California, and Mexico. The R&P Report demonstrates an increase of 69% in the recovery rate from the firm’s earlier estimates. This will translate to net annual…

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Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX) Stock Fall 17% in a Week: Now What?

August 3, 2021

In recent months, the Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX) stock has been in significant focus among investors primarily due to the slew of order that have been received by its fully owned subsidiary company Robotic Assistance Devices. Yesterday, Artificial Intelligence Technology Solutions announced that Robotic Assistance Devices received another order from a dealer. However, instead of the stock recording some gains, it actually declined marginally. Yesterday, it was announced…

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GrayscaleBitcoin Trust (OTCMKTS:BCHG) Stock Slumps 54% in a Month: Here is Why

August 3, 2021

GrayscaleBitcoin Trust (OTCMKTS:BCHG) is down 54% in a month. Recently Grayscale Investments chose BNY Mellon to be the asset servicing provider of its leading product which isGrayscaleBitcoin Trust.Following the transaction , BNY Mellon will offer Grayscale Bitcoin Trust with funds administration and accounting starting October 1, 2021. Equally, BNY Mellon will likely offer transfer agency as well as ETF Services once GrayscaleBitcoin finalizes conversion to an exchange traded fund (ETF)….

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PHI Group Inc. (OTCMKTS:PHIL) Stock Extends The Fall: Fall 50% in a Week

August 3, 2021

PHI Group Inc. (OTCMKTS:PHIL) dropped 22% and down 50% in the past week. The company is making massive movements following a dip in recent weeks. PHIL is under heavy accumulation as investors crowd the stock making it is among the most sought-after small-cap stocks. Several penny stock traders are trading the stocks which have been trading between $5 million and $25 million. In December, PHIL took off last year as…

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Xenetic Biosciences (NASDAQ:XBIO) Stock Sees High Volatility: How to Trade Now?

August 2, 2021

Biopharmaceutical company, Xenetic Biosciences (NASDAQ:XBIO), on July 31, 2021 closure of previously announced private placement. This would be with single healthcare-focused institutional investor for 4,629,630 shares of the common stock. Xenetic focuses on a personalized CAR T platform technology for targeting patient and tumor specific neoantigens. The proceeds will be about $12.5 million before deducting placement agent fees and other offering expenses.The company issued to investor warrants for buying 4,629,630…

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