Allied Energy Corp. (OTCMKTS PINK: AGYP) is well positioned as energy is forecast to be in short supply and prices remain at three year highs. Last night, WTI Crude settled higher again at $76.08 and Brent at $80.18. Pricing is only part of the story. Forecasts are beginning to see oil at $100 — not just $90 — and shortages for the winter season in Europe and the U.S. making…
Top Stocks Under $1 For Your Watchlist
Over the past several years, a massive bull run has led to many stocks becoming overvalued, however, there are still many stocks under a dollar for value investors looking to find discounts and growth opportunities. In fact, Penny stock investing is on the rise, especially after the economic recovery started. Investors remain confident about the market’s recovery, with S&P 500 Index gaining over 34% in the last twelve months and…
ENGlobal Corporation (NASDAQ:ENG) Stock Gains Momentum: Soars 24% On Unusual Volume
ENGlobal Corporation (NASDAQ:ENG) was up 24%. The company reported the attainment of its core objective in the strategic transformation of the business. CEO Mark Hess said that although wider energy industry segments have started recovering from COVID-19 pandemic impacts, ENGlobal’s operations, which always lag the energy sector by up to nine months, have not improved as of the end of Q2 2021. However, Hess said that they are taking the…
Red Cat Holdings Inc. (NASDAQ:RCAT) Stock Soars 50% On High Volume After The Big News
Red Cat Holdings Inc. (NASDAQ: RCAT) soared 50% after announcing that Skypersonic Inc., its subsidiary, has received a 5-year deal with NASA for the provision of rover and drone hardware, software, and support its simulated Mars operation. The Puerto Rico-based drone industry software provider stated that Skypersonic would offer its services to NASA’s simulated Mars program. Notably, NASA is readying several analog missions to Mars simulating year-long stays. Each mission…
Transportation and Logistics Systems Inc. (OTCMKTS:TLSS) Stock Extends Rally: Up 20% in a Week
Transportation and Logistics Systems Inc. (OTCMKTS: TLSS) was up 10% and 20% in a week. Recently the company announced the approval of its common stock for a quotation on the OTC Markets Group’s OTCQB Venture Market under ticker “TLSS” starting September 1, 2021. CEO John Mercadante said that the upgrade to OTCQB is a massive milestone for the company and indicates that the turnaround and restructuring plan implemented in 2020…
Dark Pulse Inc. (OTCMKTS:DPLS) Stock Resumes Another Of Rally: But Why?
Dark Pulse Inc. (OTCMKTS: DPLS) is up 10% in a week after announcing that Optilan, its subsidiary, has received the International Organisation for Standardization (ISO) 9000:2015 and 14001: 2015 compliance. As a result, the security and communications subsidiary for the pipeline, infrastructure, railway, and pipeline sectors firm operator has earned ISO certification through November 2023. In addition, Optilan has successfully moved to ISO 45001:2018 Occupation Health and Safety Management, equally…
ParaFin Corporation (OTCMKTS:PFNO) Stock Takes a Hit: Now What?
The ParaFin Corporation (OTCMKTS:PFNO) stock has been trading within a range in recent times and that is perhaps understandable considering the fact that there has been no news about the company in recent times at all. The last time any news emerged about the company was back in April when ParaFin provided an update with regards to its operations and other developments. The company noted at the time that its…
Enerplus Corp (NYSE:ERF) Stock Hits New 52-Week High: Up 145% YTD
In the past month, the Enerplus Corp (NYSE:ERF) stock has emerged as a notable gainer and managed to deliver gains of 23% to its shareholders. One of the more important triggers for the rally came on August 30 when the company announced that it was in the process of selling its interests at the Sleeping Giant field located in Montana and the Russian Creek region in North Dakota. Both of…
Chesapeake Energy (NASDAQ:CHK) Stock About To Hit New High: Now What?
One of the stocks to have emerged as a strong performer so far this year is that of Chesapeake Energy (NASDAQ:CHK), which has clocked gains of 30% during the period under consideration. Not too long ago, the company reported its financial results for the second fiscal quarter. However, in this context, it is necessary to point out that there is not much in those numbers that could be ultimately meaningful…
Oil Stocks Benefit From Rising Prices
Oil reached new highs overnight, Brent climbing over $79 and WTI over $74 respectively. The cause for this move is most likely due to a drop in demand with the Hurricane Ida fall out and a rise in demand as the Delta Variant COVID surge tails off. This caused yet another major investment bank to raise its forecast for the commodity, Goldman Sachs raised its year-end price target for Brent…