Not too long ago the Advantego Corporation (OTCMKTS:ADGO) stock was trading within a range but on Monday the stock finally broke out in a big way and ended the day with gains of as much as 50%. However, there was no news about the company that might have acted as a trigger for the rally in the stock. The rally seemed completely random. However, in this context, it is perhaps…
Diversified energy services platform engaged in acquisition and development of innovative platforms, Orbital Energy Group (NASDAQ:OEG) on August 16, 2021, announced unaudited financial results for three and six months ending June 30, 2021. Orbital reported revenues of $16.3 million for quarter two of 2021, a 110% increase vis-a-vis $7.8 million for quarter two of the previous year. The company saw a gross loss of $1.2 million for the quarter vis-à-vis…
Meta Materials Inc (NASDAQ:MMAT) is down 15% in a week after announcing a definitive agreement for the indirect acquisition of Nanotech Security Corp (OTCMKTS: NTSFF) in a cash transaction estimated at CA$90.8 million. The company will acquire all Nanotech common shares at CA$1.25 per share. Nanotech is a leader in visually memorable and secured nano-optic security features development offering anti-counterfeit services used in government, brand, and banknote protection markets. META’s…
OrganiGram Holdings Inc (NASDAQ:OGI) hasn’t been an attractive investment over the past year. Growth hasn’t been robust even when sales were low from previous quarters, which is unsuitable for unprofitable businesses. In July, investors received great news after the company reported 51% QoQ sales growth in its Q3, leaving them wondering whether the pot stock has turned a leaf. Investors should note that the gross revenue was CA$29.1 million for…
Earlier on in the year, HUMBL Inc (OTCMKTS:HMBL) had been one of the companies that had been in considerable focus among many investors and its stock emerged as one of the biggest movers from among penny stocks. However, the past weeks have been a bit more sobering and it continued last week as well. The stock declined by as much as 8.50% last week amidst a selloff and it is…
The premarket action in the market is often a pretty good indication on how the rest of the day might pan out and hence it could be a good move to take a closer look at the Biolase Inc (NASDAQ:BIOL) stock. The company was in the news last after it announced its financial results for the second fiscal quarter and on Friday, its stock has managed to clock gains of…
SponsorsOne Inc (OTCMKTS:SPONF) fell 17% on Friday but up 18% for the past week. The company announced the signing of a distribution deal for Doc Wylder’s with Republic National Distributing Company. SponsorsOne CEO Myles Bartholomew stated that this is a massive milestone for the company to grow its distribution strategy as it seeks to reach leading national retailers. Myles explained that the ready-to-drink market is current among the rapidly growing…
Not too long ago, the cryptocurrency, blockchain and digital asset technology company Net Savings Link (OTCMKTS:NSAV) had seen its stock make enormous gains. However, the situation changed quite dramatically last week after the company launched its own cryptocurrency exchange. It is important to note in this regard that the launch of the new exchange had been one of the major reasons behind the rally in the stock in the first…
This past Friday, Good Gaming Inc (OTCMKTS:GMER) was in considerable focus among investors and its stock managed to emerge as one of the notable gainers as it soared by as much as 63%. The company announced that it struck a partnership with Blockchain App Factory by way of which it will build strategic campaigns for developing the brand and also the marketing of its MicroBuddies game. The game is expected…
When stocks go into a prolonged downward spiral, then it might often be difficult to claw back and that seems to be the situation with the Eros STX Global Corp (NYSE:ESGC) stock at this point in time. The company has seen its stock tank by as much as 51% over the course of the past month and perhaps it might be the right time for investors to take a look…
