Ocugen is expected to receive Emergency Use Approval by the World Health Organization for children under 4 by end of November at the latest. Ocugen partner Bharat Biotech has a COVID-19 vaccine that has been tested by WHO on a rolling basis since June.
After Phase III trials the Subject Expert Committee announced that the vaccine had an efficacy of 77.8% in preventing Covid-19.
Shortly after, Ocugen announced that they are expecting Emergency Use Approval by WHO and are “on track”.
Despite already being used in India, the WHO announced yesterday that they have requested one more piece of information from Ocugen before they are ready to give Ocugen the green light on Emergency Use Approval.
They are seeking Emergency Use Approval in both Canada and the United States, along with many middle to lower income countries.
Why It Seems Likely That Ocugen Will Receive Emergency Use Approval For Children By 12/1
Unsurprisingly, the WHO does not want to take approval lightly. With other vaccines already in circulation (Pfizer, Moderna, etc), there is less of a rush than the first go around.
That being said, there are countries around the world filled with pockets of low-income areas still looking and needing an effective vaccine.
Hence the tweet from WHO, noting that they understand there is an urgency to get this approval through.
“When the information provided addresses all questions raised, WHO and the Technical Advisory Group will complete the assessment and come to a final recommendation whether to grant Emergency Use Listing to the vaccine,” it added. – Source
How Soon Can Approval From WHO Be Expected?
Experts have predicted that Ocugen and Bharat Biotech will get the nod for Emergency Use Approval by early to mid-November. Some say it could come as early as this month.
These expectations come from two main points-
1. This is typically how the WHO operates. We saw a similar process when it came to AstraZeneca and Moderna approval. The fact that only yesterday the WHO tweeted that they just needed one more piece of information is a very good sign for Ocugen.
2. There is a strong need for another COVID-19 vaccine in many third-world countries around the world. To Americans and Canadians it may seem like there is no need, and for them their may not be. But over half of the worlds population is still in dire need of help against COVID-19 and the WHO knows the only way to get them the help is further approvals.
They will follow their due diligence as necessary but we can expect Covaxin (name of vaccine) to get emergency approval sooner than later.
Effects On Ocugen Stock Value
Ocugen stock value has been a roller coaster the past few weeks.
Which is unsurprising given all the news and PR that has come out both from the company and WHO.
As of now the stock is a big buy/hold. There isn’t much to lose here. Best case scenario, they get approval and the stock skyrockets. Worst case, they hold their own as the company they always have been and eventually level out at about $15 per share by January.
Twitter stock is hitting $80 in the next two months. And then $100 two months after that.
It’s happening. Elon Musk is buying Twitter. It’s not a question of if, it’s when. So the only question for you is if you want to double your money or not.
Nothing Is Slowing Down The Twitter Stock Rocket Now
When you look at Twitter stock right now, it has just closed today at $4.50. A 5 day high. There are 4 fundamental reasons why Twitter stock is going to keep going up.
1. Shareholders Are Trying To Box Out Elon
It’s a fact.
The Twitter board has even dubbed it the “poison pill”.
The Poison Pill
What is the “poison pill”? Aside from a pathetic attempt at saving a company, Quartz describes it as such:
“The poison pill is a common nickname for a shareholder rights plan, which allows shareholders to buy additional shares of a company’s stock at a discount, diluting the value of each individual share.
A company concerned about an unwanted corporate takeover will put the plan in place and, after a triggering event—in Twitter’s case, if one person buys 15% of the stock without the board’s approval—all other shareholders will be afforded the opportunity to buy up more shares. Musk currently owns 9.2% of Twitter.” – Source
To put it in simple terms: if Elon Musk obtains more than 15% of the company, then shares will be available at a discounted price to try and make it harder for Elon to take up more stock.
“On April 18, Twitter filed an 8-K form with the US Securities and Exchange Commission detailing the plan: Shareholders will be able to pay $210 for one-thousandth of a share of Twitter preferred stock stock for each share of Twitter common stock they hold.
Each share of preferred stock would confer voting rights, and would immediately be worth double the purchase price, or $420.” – Source
This was today.
This same afternoon the stock spiked to $47.
Once Elon hits 15%, expect the “poison pill” to kick in hard and fast. Elon currently owns 9.2% of the company. It doesn’t matter how long he can hold it, the point is the price will keep going up.
2. Dormant Short Sellers
Ah every retail investors favorite. The meme stock. It’s unpredictable, and when you have own it you know with every dollar it increases the SEC feels as if the fabric of society is ripping. It is a sweet feeling of victory.
Similar to Amazon and GameStop, Twitter was seen as open season for a lot of short sellers and hedge fund managers as a quick put play.
Then Q4 earnings came out. Then out of nowhere Elon said he wants to BUY all of Twitter AND that he wants to fire the entire board.
That’s a meme stock baby.
A lot of people in deep puts will have to continue to buy shares with everyone else to cover their losses over the next few months. Thus increasing the price even further,
3. Apollo Global Making A Possible Bid
To add to the hype of it all, Apollo Global has also mentioned they are interested in purchasing Twitter.
“Private equity firm Apollo Global Management has held discussions about financing a potential takeover for Twitter, according to sources familiar with the matter.” –Source
Clearly from all directions Twitter is receiving not only a lot of attention, but a lot of high valuations.
4. The Hype Around Twitter Stock Right Now Is Just Unreal
I mean let’s be real.
Elon treating this buyout like it’s a crusade.
Constant talk on the internet and buzz in the world about Twitter and what will happen.
Q4 earnings that were THROUGH THE ROOF.
The subtle hints of the anti-woke people rallying behind it in the name of free discussion.
And daily buy volumes almost hitting 200 million plus.
This is a meme stock if we have ever seen one. It may slow down, but Twitter stock will be hitting $100 before the year is over so honestly I’d just hang on to it.
According to sources close to Odeon Cinemas, there are expectations for Amazon to buy AMC outright in the coming months. Dates remain unclear but there is one thing for certain. If a deal is reached there will be no merger. Amazon will purchase AMC in its entirety, or there will be no agreement at all.
We already know that Amazon was in discussion to buy AMC back before the pandemic.
It’s unsurprising that Amazon waited out the lockdowns to see if they could purchase the company at a lower price than it was already.
We also know preliminary talks started again in June. Now we have sources that tell us negotiations have reopened again.
It was always in the air that Amazon expected to buy AMC in 2020. Now with the competition of the online streaming world, Amazon has kicked talks up into high gear.
Expectations For Amazon To Buy AMC – What Should We Expect?
What would an Amazon takeover of AMC look like?
Raise In Stock Value
First, and most importantly. We can expect a giant increase in stock value across both companies. Due to Amazon’s success with other acquisitions such as Wholefoods, there will be little doubt in Amazon finding success with AMC quickly.
As we always say at Today’s Five, buy the news, sell the hype-
“Whatever the report’s veracity, the impact the speculation had on AMC’s stock was very much real, and a fascinating development for the world’s largest movie theater chain given its recent fortunes.” – Source
Amazon Obtains A Direct Connect To Hollywood
With the competition of streaming services heating up every company in the race is looking for an edge. – Source
“With so many venues added to its portfolio, Amazon could conceivably kick off a new mission to recruit Hollywood’s top directors, writers, and actors.
The pitch: We are no longer a streaming-first company with an occasional indie hit that plays in theaters for two weeks for Oscar consideration; join us and we’ll play your work each night across the largest network in the world.” – Source
Even with streaming on the back-burner, building relationships with top Hollywood directors and actors will lead to a huge increase in quality, interest, and organic promotion of Amazon Originals.
In addition to improvements to the viewers entire experience Amazon will undoubtedly come up with ingenious ways to completely alter and re-inspire the cinema going experience for the average consumer.
On top of that, we can expect Amazon to slash ticket prices in the meantime to garner interest and showcase their new product to as many eyes as possible.
Combining Amazon Prime Membership With AMC Perks
“Amazon might include free theater tickets with a Prime subscription, which could boost the appeal of the service, attract more subscribers, and generate more subscription revenue.
Prime subscribers pay $119 per year to unlock a range of perks including free delivery for Amazon retail shopping and video streaming.
Amazon is trying to cut the time it takes to get packages to customers as it fights off competition as traditional retailers like Walmart move into e-commerce.
If Amazon acquired AMC Entertainment, it could use its theater locations as pickup points for its commerce customers.
For AMC Entertainment, being bought by Amazon could help end its financial struggles.” – Source
It’s Been Talked About For So Long (Since 2018) That Analysts Expect Amazon To Buy AMC At Some Point This Year
“The next big deal could be coming soon to a movie screen near you.
Bloomberg is reporting that the leading online retailer (Amazon) is one of the bidders for Landmark Theatres, the Mark Cuban-bankrolled multiplex chain with 53 theaters covering roughly 255 screens in 27 different markets that was put up for sale four months ago.” – Source
OrganiGram stock, or (NASDAQ:OGI), is expected to absolutely boom today.
OGI stock was already a favorite due to it’s low cost and high potential, but now it looks like that potential is coming to fruition.
And the best part?
It’s not too late! Sales reports were only released this morning!
OrganiGram Stock Price To Soar With Todays Sales Figures
“Wall Street analysts predict that OrganiGram Holdings Inc. (NASDAQ:OGI) will report sales of $24.58 million for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for OrganiGram’s earnings.
The highest sales estimate is $26.23 million and the lowest is $20.75 million. OrganiGram reported sales of $11.49 million during the same quarter last year, which indicates a positive year-over-year growth rate of 113.9%. The firm is scheduled to issue its next earnings report on Tuesday, April 12th.”
“According to Zacks, analysts expect that OrganiGram will report full year sales of $105.28 million for the current year, with estimates ranging from $94.81 million to $112.18 million. For the next year, analysts anticipate that the company will report sales of $148.65 million, with estimates ranging from $124.84 million to $183.28 million.
Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow OrganiGram.” – Source
These sales are absolutely astounding, it makes it hard to believe that fair value for OrganiGram stock will be any less than $5. Possibly by the end of the day!
Is It Too Late Too Buy OGI Stock?
I know it may seem late, with all the action going on in after hours.
The financials speak for themselves-
“Gross revenue was up 75 percent compared to the year ago period. Those excise taxes again, are paid per gram on a program basis, at least for medical cannabis. I wasn’t able to dig too deep into the recreational cannabis tax laws, but that was up 135 percent year-over-year.
Then it also indicates just the volume and the increase of how much product they’re selling. I was reading in their press release, a couple of their brands have become some of the top cannabrands in the entire country. They’re really growing at a rapid clip.
But net revenue, you subtract those taxes from their gross revenue. They still ended up with 3.4 million Canadian dollars for the quarter, which was up 57 percent year over year. The company is operating at a loss, but it has significantly narrowed those losses, as you can see.
In the year ago quarter, it reported a net loss of 34.3 million Canadian dollars, that was 1.3 million Canadian dollars in this most recent quarter, so that’s an improvement year-over-year.” – Source
But this ship is just getting ready to take off.
What’s these sales figures get released today expect lift off.
So you’re still unemployed, rent is due, and benefits are running out. An MCA loan is an option, but you might have other ideas. The outlook of another stimulus check coming is bleak. And the worst part is you aren’t even lazy. You want to work! But with very other American feeling the same way, it may take months for people to find a role in their industry again. Until then it’s a gig economy. And there are plenty of ways to at least make $100 today.
You just need to get a little creative. This limbo of being out of work or short on money is familiar to millions of Americans and has many highly capable individuals in a stalemate.
Don’t fret. Take a deep breath, and think outside the box.
After years of jumping from job to job I have found many ways to turn a free day into a profitable day.
Here is a list of 5 ways anyone can make $100 today.
1. Garage Flipping
We’ll start with every side-hustlers favorite quick money scheme. Probably the best (and most fun way) to make $100 today.
If you have heard about this one you can move on to number 2, but I’m pretty sure I can give you some new tips that will help you find the real treasure.
Step 1: Open a free sellers account on Amazon, EBay, LetGo, and Poshmark.
Step 2: Set up a PayPal account and link it to both your bank account and Amazon/Ebay pages. (This way you can get paid day of when you make sales).
Step 3: Hit Craiglist, google local garage sales, check the local paper, or even just walk through your neighborhood. Garage sales are happening all the time. People who have them are just bad at marketing them.
If you still can’t find a garage sale and it’s almost noon, google nearby Goodwill locations or Salvation Army thrift shops. Gems can be found there too.
OR you can even go to Craigslist or the side of the road to see what items people are giving away for free.
Step 4: Product Evaluation
The bare bones of this process is simple. You want to buy something that you can sell online for a profit. That part is obvious. But how do you actually find profit in a cardboard box full of junk?
Simple, your phone.
Any item you find will either have a UPC or at least be searchable by it’s description. Remember that you will have to consider shipping. But if Amazon is selling a stuffed animal for $30, and you see the same one at the garage sale for 25 cents, clearly there is money to be made and you found a winner.
Other Tips
– Look for Churches or Goodwill or Salvation Army thrift shops
– Collectibles/action figures are always worth checking to see if they are undervalued (Baseball cards, Funko Pops, etc.)
– Always keep the cost of shipping in mind, its easier to ship a DVD than a longboard
One final tip from the Garage Flipping legend – Gary Vaynerchuk.
“Silence can also be a great negotiation tactic.
In the first garage sale, I asked if the gentleman would be okay with going down to $5 for a Vintage Budweiser light he priced at $10, and he said “no.”
Then, I just went silent.
In that silence, I gave him time to re-think his decision and whether he really wants to get rid of the item or not.
Finally, before I left, I offered to buy it for $8 and he said “yes.”
This item is the kind of product you put on Facebook marketplace and wait for a collector to come by and purchase it. I bought it for $8 and re-listed it for $80″ – Gary Vaynerchuk
2. Painting Street Numbers
Now hear me out on this one, it sounds strange, but in today’s climate you can make $100 today painting street numbers in under 3 hours.
It’s a little thing that bothers many home owners. That faded painted number at the edge of their driveway. They want to fix it but they don’t know how, have the time, or even know if it’s legal.
That’s where you come in.
If you live in a neighborhood that has painted street numbers, especially in a time where people know others are struggling for cash, with some perseverance it’s very likely you can find 15 clients in just a few hours.
The best part is, most homeowners have no idea how easy this process is.
“$10 should get you started with a can or two of black spray paint, and some stencils a little smaller than the curbs in your area. Then just park on a street and go up one side and down the other.” – CommenCentsHub
So for just a $10 investment, you could have $150 in your pocket before 4pm!
3. Amazon Mechanical Turk
There is a lot of talk about sites that give you cash for filling out surveys. I’ll save you the details but a high majority of these survey sites will not pay you and are just trying to collect your data. You would be hard-pressed to find someone who actually makes hundreds of dollars for filling out surveys.
But there are other ways to make money on your couch with a laptop. The best option? Amazon Mechanical Turk.
Amazon Mechanical Turk is my favorite because it’s transparent. Survey sites will leave you wondering, “Why would they pay me $50 for 5 minutes of my time?”. They wouldn’t! Because it’s a scam!
What is Mechanical Turk’s model? Essentially people across the internet post menial tasks they need done for their sites or projects.
Tasks could be anything from creating hashtags for a video, to identifying what ranking a site has on Google with a specific keyword. The expertise needed for tasks varies. And the more tasks you do, the more responsibility/earning potential you are given.
Still, anyone with even the bare minimum computer skills could sign on today and find plenty of tasks they could complete.
Here is a great rundown by Trent Hamm, founder of The Simple Dollar, who checked out Amazon Mechanical Turk one morning-
8:46 AM – Signed up for Mechanical Turk. It took roughly a minute to open an account there – no problem.
8:47 AM – Chose my first task – write a 350-500 word article on “email autoresponder marketing” for $4. I’m just going to churn it out off the top of my head.
9:02 AM – Done – if that type of “off the cuff” writing is accepted, maybe Mechanical Turk is a decent way to earn money. I basically just wrote in a nearly train-of-thought style, something I would consider a weak first draft for The Simple Dollar, but still readable. I’m going to try categorizing some images at a penny a pop for a bit.
9:08 AM – I managed to do six images in six minutes for a whopping six cents. Not a good use of time. Note to future self: stay away from the single-penny tasks.
9:09 AM – After browsing some tasks, I decided to try a series of really short questionnaires from MasterCard for $0.10 a pop.
9:18 AM – I was able to do five of the dime surveys in eight minutes – totaling out to just under $4 an hour. Not good, but it could definitely be worse.
9:19 AM – I decided to try some simple product categorization for a nickel a pop. It seems easy – just look at a picture of an item and come up with some short tags to describe it.
9:25 AM – I managed to complete two of them in six minutes. I actually completed three, but one was lost to the Turk’s horrible page design, which eliminated everything I had filled in because I hadn’t clicked on the “Accept HIT” button. Ten cents in six minutes is not a win.
9:26 AM – I take on a task that involves looking up addresses for wineries at $0.40 a pop.
9:32 AM – Should have read more carefully, as it requires entering a bunch of wines from each winery as well. Six minutes work for $0.40 is NOT a good deal.
9:36 AM – I notice that if I sort by dollar value, some higher-dollar entries will pop up and then disappear before I can accept them – $6 to $10 a pop. Chasing them might pay off, but it seems to be a time waster.
9:37 AM – I take a short test to “qualify” me to do some higher-value HITs. Apparently, they don’t want just anyone writing service reviews. You have to at least be aware of the company.
9:41 AM – I finish the test – but the ones I would be “qualified” to do are now gone.
9:45 AM – I spent five minutes looking at really awful HITs. If they pay a penny a piece, if you can’t do them FAST, they’re not worth it.
9:46 AM – A moment later, I found a service review, enabling me to describe a service I received for $2.55.
9:50 AM – I finished the review, earning $2.55 for four minutes’ work. That task was actually the one I was “qualified” for because of the earlier test, meaning I invested eight minutes to earn $2.55 – or $19.13 an hour. Not bad at all! – Source
So if you are looking to stay remote and make money on your laptop, skip the surveys, make a Mechanical Turk account. Put in the effort, you could make $100 today.
4. Sell Your Body (Not In That Way)
As you probably know, there are ways to “sell your body” without being an escort.
Bodily fluids are a booming industry right now.
Here are the 4 that are in the highest demand, and likely have a clinic by you looking for donors as soon as today.
Plasma
We’ll start with the most well known bodily fluid on the market.
Plasma contains antibodies and is the most crucial component to human blood. As long as you aren’t terrified of needles, the process is relatively quick and painless. Hence why it is such a popular donation by people at the end of their ropes.
Qualifications
– 18 years or older
– Over 110 pounds
– No viruses (HIV, Hepatitis, etc.)
The Pay?
“Blood banks set their own rates for plasma, but they generally fall in the $20-$50 range per donation. According to the American Red Cross, it’s safe for healthy people to donate plasma about once per month.” – Source
So you may have to donate another fluid to make $100 today.
Sperm
Getting paid to release the poison? Sounds like the perfect gig.
A lot of people assume donating sperm is a competitive process. But actually, that’s only half true. There are only a few real qualifications that almost every couple is looking for in a sperm donor. In fact, most sperm donors are actually college students.
Qualifications
– 18 to 35 years old
– Not overweight
– No hereditary diseases
– Educated (Either enrolled in college or BA minimum
Other than that the rest of the traits such as race and eye color will come down to preference of the couple looking for a child. Which is why the pay ranges so much. Some couples will pay $1000 for what they consider “Unicorn Sperm”.
That being said, it is known that being a redhead will likely disqualify you.
If you are selected, expected to be treated like a race horse for the next few weeks. Constant check ups and “drainings”, but soon enough someone will be interested in your genetics. (Just know you’ll be signing a sheet that the kid won’t be yours).
The Pay?
Sperm banks vary in rates depending on where you live and your genetics, but payouts range from $50 to $300 per donation.
Eggs
Sorry guys, but there is a LOT more money in eggs.
Qualifications
– 18 to 35 years old
– Generally healthy
– No hereditary diseases
While it may be easier to get accepted, the process of donating is extremely invasive and painful according to many previous donors.
The Pay?
Big money! $5,000 to $10,000 per egg is the going rate after going through the entire ordeal of donating eggs. Make WAY more than $100 today with this one.
Urine
Yup, urine. The 4th highest selling bodily fluid (not including breast milk).
Why are people buying urine? Because they need to pass drug tests of course! Also yes, selling clean urine is illegal. BUT sometimes desperate times call for desperate measures. And where there is demand there will be supply.
Qualifications
– No drug use/clean urine
– Willing to break the law
– Willing to deal with degenerates or athletes who want your urine
The Pay?
Going rate for urine is about $20 per ounce. May not be worth it if you have to pay jail fees.
If you have enough degenerate friends though, you could make $100 today easily by just peeing!
5. Sell Water At Local Events
Selling water bottles is easily the most overlooked hustle. For some reason people look down on the concept of it, yet will still find themselves buying one for $1 off the street when they are sweating and nowhere near a CVS.
Think about it-
2 cases of water will cost you less than $10 (Get a well known brand like Poland Spring)
Now you have 48 bottles
Sell for $1 each, you have at least a $38 profit
Buy 3 more cases, sell out, buy more cases and repeat. You will be over $100 before you know it.
Now of course this is more of a seasonal idea, and even on a hot day you will need to find the right event to post up at. If done correctly though, you will be surprised by how quickly people will hand over a dollar for cold water right in front of them. So swallow your pride and make $100 today.
Here are some tips on finding good locations to sell water bottles –
Think of where people congregate on a hot day in your area:
Parks.
Concerts.
Fairs.
Soccer matches or tournaments.
The beach.
High school football games.
If you Google “soccer tournaments“, there’s likely a few within an hour of you any weekend between March and November.
If there’s anything in this world I know – It’s penny stocks. And FAMI stock is my next pick. I’m batting .1000 here you can see my other past penny stock picks below –
Farmmi (FAMI) is an agricultural company based in China. They specialize in edible fungi products. Mainly mushrooms. (You might already see where this is going).
Though based in China, Farmmi distributes their products internationally. Selling their edible fungi across the globe. Their product ends up in restaurants, cafeterias, and local speciality stores across the globe.
The Two Reasons FAMI Stock Is Set To Explode
1. There Is No Company In A Better Spot To Jump Into The Psilocybin Market Than Farmmi
It’s no secret that the medical field (physicians and therapists alike) has been extremely interested in the positive properties and effects of Psilocybin.
Research papers have been pouring out since 2010. Most simply claiming it can be used to treat depression, others going as far as asserting that Psilocybin cured certain ailments in their patients. Most notably, PTSD.
In 2019 the FDA approved use of Psilocybin in certain medical settings citing the “medical breakthroughs” that have been reported and possibly overlooked. – Source
In 2020 Oregon became the first state to legalize Psilocybin in any regard. It had been decriminalized in a few states but now for the first time, a state government was willing to admit it had medical benefits and proceed with legislation to allow its administration.
Soon after New Jersey added decriminalization of Psilocybin to their marijuana decriminalization bill. This bill went on to pass. – Source
California followed suit but expanded to include even more psychedelics. In 2021 California officially decriminalized psychedelics. – Source
Initiative 81 was passed in D.C. to re-prioritize how much effort police put into arresting users of Psilocybin. That bill passed by a measure of 76% – Source
All of this is to say the trend of Psilocybin legalization is VERY real. Right now in its early stages it is looking similar to the slow legalization/decriminalization of marijuana.
There’s an incredible groundswell of interest in legalizing psilocybin mushrooms.
Denver became the first city to decriminalize magic mushrooms. Oakland, California followed suit with decriminalization, too. Now, even New York Assemblywoman Linda Rosenthal just introduced a bill to decriminalize it.
“Psilocybin is a naturally occurring chemical compound produced by certain species of mushroom,” says Rosenthal. “Many cities, including Denver, CO, Santa Cruz, CA, and Oakland, CA, have already decriminalized the use and possession of psilocybin, and New York should do the same.
With the opportunity to positively affect the lives of millions suffering with mental health and addiction issues, this bill will decriminalize psilocybin and allow further research into the study of the drug and its beneficial uses for treatment.” – Source
And we should expect stocks to follow in the same way. Right now FARMI stock is the move.
They have the facilities, they have the distribution and connections with local shops. Once legalization hits no company will be in a better position to obtain a permit and begin selling fast and legally than Farmmi will.
2. FAMI Stock Will Increase As Sales Growth Is Accelerating
The discussion of legalization of psilocybin is only part of why FAMI stock is a big buy right now.
Released this morning from NewsWire at 9:00am ET:
LISHUI, China, Aug. 25, 2021 /PRNewswire/ — Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company’s subsidiary Zhejiang Farmmi Biotechnology Co., Ltd., won a new, multi-product order from a long-term customer for its popular dried whole and sliced mushrooms.
The customer will export Farmmi’s products to Vancouver, Canada.
Ms. Yefang Zhang, Farmmi’s Chairwoman and CEO, commented, “Our success is led by consistent execution, sales growth and increased profitability.
We are benefitting from higher global demand and our advantaged position with best-in-class products and superior taste.
I really shouldn’t have to justify my expertise in penny stocks at this point. Instead just check the list of stocks I called out months in advance that you could have jumped on. Then maybe you will listen this time. Zomedica Pharmaceuticals (ZOM) stock is about to explode.
Winners I have predicted in just the past 8 months:
“Zomedica Pharmaceuticals Corp. (NYSE American: ZOM), (“Zomedica” or the “Company”), a veterinary diagnostic company, today announced the pricing of its previously announced public offering of 187,500,000 common shares (or common share equivalents) of the Company, together with short-term warrants to purchase up to 187,500,000 common shares, at a combined public offering price of $0.16 per share and accompanying warrant.
Each common share (or common share equivalent) is being sold in the offering together with one two-year warrant to purchase one common share at an exercise price of $0.16 per common share.” – Source
You read that right. $0.16 per share. For a stock that used to trade at $3.00.
If you want to catch a penny stock at the bottom, this is it.
This is the second offering announced by Zomedica Pharmaceuticals. With no reverse split or bankruptcy close to being in site. It’s pretty clear this is Zomedica clearing space for shareholders to get in cheap before they skyrocket.
And this is far from just Robinhood or Reddit hype. Zomedica themselves have explained what they expect this offering to do, and how they plan to profit from it.
Zomedica Has The Hype And The Business Model
“The gross proceeds are expected to be approximately $30 million, before deducting placement agent’s fees and other offering expenses payable by the Company, assuming none of the warrants sold in this offering are exercised for cash.
The offering is expected to close on or about July 7, 2020, subject to satisfaction of customary closing conditions.
Zomedica intends to use the net proceeds from the offering primarily for the continued development of its TRUFORMA™ diagnostic platform, including making milestone payments, as they come due, under its existing license and collaboration agreements, other general corporate and working capital purposes and may use a portion of the net proceeds to repurchase some or all of its outstanding Series 1 Preferred Shares, although no agreement has been reached with respect to the terms or conditions of any such repurchase.” – Source
While analysts aren’t calling this a “buy” (which they didn’t for INO, KTOV, TTOO, etc.), they aren’t necessarily calling it a sell either. ZOM stock is perplexing due to its volatility and recent popularity among retail investors, but that is the exact recipe for a penny stock blow up.
“Zomedica Pharmaceuticals Corp. (AMEX: ZOM) The 36 Months beta value for ZOM stocks is at 0.06, while of the analysts out of 0 who provided ratings for Zomedica Pharmaceuticals Corp. stocks as a “buy” while as overweight, rated it as hold and as sell.
The average price we get from analysts is $0.50 which is -$0.24 below current price. ZOM currently has a short float of 5.19% and public float of 137.88M with average trading volume of 46.88M shares.” – NewsHeater
So Hype Is Going To Dictate ZOM Stock, And A LOT Is Coming
Buying stock in Zomedica right now will either go one of two ways. You buy it tomorrow morning and sell at it’s peak (likely .30) or you hold it for the week and see if it can hit .50.
Either way, if you can hold on for a year, analysts are pretty confident that Zomedica Pharmaceuticals ZOM stock will be over $1 by this time next year.
“ZOM was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.
This continues the recent uptrend for the company—as the stock is now up 65.8% in the past one-month time frame.” – Yahoo! Finance
So it looks like ZOM stock is just missing a little bit of hype to really blow up.
And that hype is definitely coming today. After-hours trading volume is up to almost 300 million… no that isn’t a typo.
After the El Salvador announcement we can expect Dogecoin to explode in the next few days. Likely spiking on Wednesday. But will it hit a $1 and allow everyone to recoup? There is a few reasons to have some hope.
1. Crypto Acceptance Is Growing
Crypto in general had a big win over the weekend.
El Salvador passed a bill allowing Bitcoin to be used as legal tender.
It’s no secret the effects that good news for Bitcoin tends to be good news for crypto in general.
“As of 3:30 a.m. ET on Thursday, the virtual currency was trading at $36,849 per coin, jumping about 7.9% over the last 24 hours, according to CoinDesk.
Salvadorian lawmakers made history on Wednesday by approving a proposal from President Nayib Bukele that would allow bitcoin (XBT) to be used as a form of legal tender in the country, alongside the US dollar.
The law states that “all economic agents shall accept bitcoin as a form of payment when it is offered by the purchaser of a good or service.” It also says that tax payments can now be made in bitcoin.”– Source
And now there are people actually racing to buy Dogecoin in El Salvador.
News of the high-demand for Dogecoin overseas caused a spike in the value of the crypto.
Bitcoin and other popular digital currencies, including Ethereum and Dogecoin, all rose on Wednesday according to the tracking site Coindesk. Bitcoin, which climbed above $60,000 early this year, was up 10% to $36,050. – Source
2. Jack Dorsey And Elon Musk Basically Confirmed It
When Elon Musk talks about Dogecoin, you listed.
His cryptic video about Dogecoin having no true limit made people millionaires over night.
“Now, Twitter chief executive Jack Dorsey, a long-time bitcoin-backer, has revealed it’s “only a matter of time” before either Twitter or its fledgling decentralized social network project Bluesky integrates bitcoin payments—and has replaced Elon Musk as bitcoin’s new billionaire champion.” – Source
Dogecoin demand in El Salvador is turning heads everywhere.
Elon Musk may be a bit of a loose cannon but Jack Dorsey is someone we can all trust.
3. Rumors Dave Portnoy May Be Getting In Soon
Made to look like a fool as the self proclaimed “Warren Buffet” of our generation told everyone that Dogecoin was a joke of a stock and destined to fail.
That stock ended up going from under less than a penny to over a dollar.
Astronomical growth.
There are talks that Portnoy is ready to lick his wounds, accept his mistakes, and get his followers back on the Dogecoin train. Plus we all know Portnoy loves El Salvador. Dogecoin would be his perfect endorsement now.
We’ll go ahead and start this post with the about section on (TTOO) T2 Biosystems stock. Many readers are likely to be unfamiliar with them. After all, it’s worth knowing at least a little about the company you might throw many at, right?
As always, courtesy of RobinHood-
“T2 Biosystems, Inc. engages in the development of proprietary technology platform. It offers the T2 Magnetic Resonance technology, which enables rapid detection of pathogens, biomarkers and other abnormalities in a variety of unpurified patient sample types. It products include T2Bacteria Panel, T2Candida Panel, T2Dx Instrument, AND T2MR Technology. The company was founded by Michael J. Cima, Robert S. Langer Jr., Tyler Jacks, Lee Josephson, W. David Lee, and Ralph Weissleder on April 27, 2006 and is headquartered in Lexington, MA.”
So yeah. Very sciencey. Here’s the good part though.
T2 Biosystems Q3 Earnings And Announcements Are VERY Slept On
“Third Quarter Financial Performance Highlights:
Reported third quarter total revenue of $1.6 million.
Reported third quarter product revenue of $1.4 million, up 17% year-over-year.
Secured contracts for 12 T2Dx Instruments in the third quarter, 5 in the United States and 7 outside the United States, compared to a total of 11 new contracts in the third quarter of 2018. The third quarter 2019 new T2Dx Instrument total included 5 instruments associated with the new government contract which commenced in September.
Third QuarterBusiness Highlights:
Enhanced reimbursement for testing via approval for a New Technology Add-on Payment (NTAP) by the United States Centers for Medicare & Medicaid Services (CMS) for fiscal year 2020 (starting October 1, 2019).
Awarded multi-million dollar government contract that will enable a significant expansion of the Company’s current portfolio of diagnostics for the detection of sepsis-causing pathogens, antibiotic-resistance genes, and biothreat pathogens and toxin genes.
Awarded Breakthrough Technology contract with Premier Inc., granting direct access to its membership of more than 4,000 U.S. hospitals and health systems, supporting the Company’s commercial efforts to drive adoption and utilization of the T2Bacteria and T2Candida Panels.”
T2 Biosystems stock price was GROOVIN in September. TTOO stock was just under $3 a share. An increase in revenue from the previous year, as well as an increase in contracts. Both with the United States and International.
The good times only rolled so long and pretty soon TTOO stock had fallen to around 1.20 a share.
Still, they found their footing just above $1 and floated there for months. Then COVID-19 came along. T2 Biosystems stock plummeted as all the others did.
Why Would This Company Bounce Back?
I wish I had data to support this. I don’t. You’ll have to just trust me.
T2 Biosystems ALWAYS finds a way.
I have been following these guys for over 5 years. I short sold them when they were trading at $16 per share. Point is, I’ve done my research. The company is scrappy.
No if, and, buts about it. T2 Biosystems stock ALWAYS finds a way to get back to a dollar. So I recommend buying them right now. TTOO will be over a dollar by mid-June. Not a doubt in my mind.
I’ve had my eye on BNGO stock for a while now. I even told you guys back in August it was the stock of the day when it was around $0.50. I predicted it would jump to $1 in no time. I won’t pretend that I knew it would be $4 by January. But I knew there was value. Like I did with KTOV. Now I have people e-mailing asking if it is too late to buy BNGO stock.
Why? Because it exploded and right now, it is probably the most hyped stock on the market. I’m seeing volumes of buyers that are absurd during certain trading hours. And the question surrounding this stock is not whether it’s a good investment. That’s already been proven. But for those late to the game, is it too late to buy BNGO stock?
We’re going to break down everything you need to know about BNGO stock current value. If it is over-priced, and whether you can still buy BNGO stock for a substantial profit or not.
So let’s get into it.
BioNano Genomics (BNGO) Is The Real Deal
While you may have heard the name a million times you might not be completely sure about what BNGO is. Let us give you a crash course into what BioNano Genomics Inc is and what they do.
Simply put BNGO is the torchbearer in cutting-edge Optical genome mapping technology. Their main and groundbreaking product is Saphyr which is the best product on the market that helps resolve mass scale variations that are often not detected by NGS setups. – Source
Saphyr is the best technology on the market right now (and responsible for the recent uptick in BNGO stock value and hype) in its respective field, allowing institutions to detect structural variants and identify many diseases.
With Saphyr doctors can treat patients with preemptive care and can lead to the prevention of diseases such as cancer. When it comes to genome mapping there is no one that is as advanced and efficient as BNGO.
So, the hype around BNGO stock is justified to some extent for sure. Clearly they are making their mark in the industry and likely the scientific community going forward.
There are competitors of BNGO, as is the case in every industry, but none of them have quite the same product and same backing as BNGO. There is no stock in this field that can be compared to BNGO stock as far as hype and recent success go. – Source
Why It May Not Be Too Late To Buy BNGO Stock
Now that you are up to speed with what BNGO is, let’s take a look at some of the reasons why you should invest in BNGO and what does the future hold in store for the BNGO stock.
BNGO stock has got nothing but positive updates in the last week. The first update that matters is that on the 28th of December 2020, it was revealed that the College of American Pathologists has accredited Saphyr. It’s BNGO’s main genome mapping platform.
If we get technical about it then Saphyr can detect structural variations starting from 500 bp all the way to megabase pairs. The discovery and assembly algorithms that you get with Saphyr are unprecedented in the industry.
There is already a customer lined up for BNGO’s technology. Praxis Genomics is going to be the first company to make use of BNGIO’s technology. THIS IS HUGE. What this means is that BNGO has the backing of established institutions such as the College of American Pathologists. – Source
This makes their stock reliable to a certain extent. And for this point alone I am comfortable suggesting a long-term hold on BNGO stock at the very least.
BNGO just might be paving the way for the future of the healthcare industry. It solves a lot of problems that the health care industry is facing nowadays. One of them being that the drugs that are administered to patients are not absorbed fully by the body which means that patients don’t get the full benefit of the drug.
With BNGO and its applications in nanotechnology, it will become possible to administer drugs to the problematic parts of the body and get the full benefit of the drug. What this tells us is that there is certainly a market for what BNGO is selling. It is predicted that by 2024 the nanotechnology market will be worth more than $120 billion.
*Note: BNGO stock does NOT pay out dividends.
Why It May Be Too Late To Hop On The BNGO Stock Bandwagon
BNGO wasn’t always a penny stock. In fact, it used to trade for $7.00 a share when it first announced it’s IPO.
Now the obvious reason to stay away would be the sharp increase. And I mean SHARP.
People woke up millionaires on their meteoric rise.
Drake is only half right.
There is a term many day-traders and retail investors are familiar with. Catching the falling knife.
That is the clear danger here. When things fly up, they tend to come back down. Especially in this market that is now over 50% retail investors.
Which finally brings us to….
Is BNGO stock a buy?
Research has indicated that Saphyr is the only affordable and effective technology for genome sequencing currently on the market. The accreditation by the College of American Pathologists is a major positive catalyst. In addition to all this BNGO has also been given a 6 month time period by Nasdaq to meet the bid price rule.
All of these developments are positive signs and indicate BNGO stock being a buy. The market forecast and the positive catalysts surrounding BNGO are indicators that it’s stock is a safe buy. – Source
Now what about our advice…
As always, take our advice with caution. BUT, I feel inclined to go against my gut instinct. Which is to tell you that you missed the boat on this one and not to buy in on a stock that will likely fall.
HOWEVER
I do see long-term value in BNGO. Just like I did back in August.
If you go ahead and get in and buy BNGO stock on Monday, just know there may be a fall. Weak hands may not be able to handle this, but they will also get FOMO if it ends up not falling and $3.75 becomes the new bottom.
So here’s the thing- Is it too late to buy BNGO stock? No, because given their advancements and forecasts I think this stock will be worth $6-$7 by the summer.
Is it too late to enjoy a similar astronomical spike? Absolutely.
BUT it’s definitely not too late to buy BNGO stock. Never to late to invest in a company that will continue to develop essential technological advances for geno mapping. For that reason I suggest being in long-term. Except a bit of turbulence on the way to $8 however.