Company Spotlight

Three Red-Hot Penny Stocks That Could Break Higher This Week

Written by GreenlightStocks

Micro-cap and penny stocks have been flying. Since the start of the new year, investors have been paying substantial attention to stocks they believe offer tremendous value opportunities. And just because a stock trades at a penny a share or at $3 per share, fundamentals still rule the day when it comes to valuing a stock appropriately.

Three stocks that are in our trading universe are particularly appealing at current levels. Soligenix (NASDAQ: SNGX), Alternet Systems (OTC Pink: ALYI), and World Series of Golf, Inc. (OTC Pink: WSGF). Each is doing important things in its sector, and investors appear intrigued. Here’s what investors are watching.

Soligenix, Inc. (NASDAQ: SNGX)

The first on our list is Soligenix, a late-stage biotechnology company advancing its successful Phase 3 drug candidate, SGX301, toward commercialization. The drug met its primary Phase 3 endpoints in its human trials last year. Now, the company is planning to get the drug FDA approved and ready to market.

SGX301, which can be the first meaningful drug to treat CTCL, targets a global $250 million market opportunity, of which an estimated $90 million in peak sales can be generated in the United States. The photodynamic therapy utilizes synthetic hypericin, a potent photosensitizer that gets topically applied to skin lesions. Once applied and combined with the photodynamic therapy, the drug is uptaken and absorbed by malignant T-cells. Better news on the commercialization front is that Soligenix announced signing an exclusive services agreement with Daavlin to supply and distribute a commercially ready light device needed to activate the drug. In a release last week, Soligenix said the deal is an essential piece of the regulatory and commercial strategy for SGX301 to treat cutaneous T-cell lymphoma (CTCL).

Investors can find out more this week when Soligenix CEO Chris Schaber presents at the 2021 BIO CEO & Investor Digital Conference. The conference provides a platform for Mr. Schaber to detail how his company plans to advance toward a new drug application (NDA) submission to the FDA while continuing to highlight SGX301’s unique commercial value proposition for the treatment of cutaneous T-cell lymphoma in the U.S.

The stock had substantial gains last week, posting an increase of more than 25% by the end of the trading day on Friday. Given the prospects of SGX301, investors are expecting the trend higher to continue.

Alternet Systems (OTC Pink: ALYI)

The second stock on the list is Alternet Systems, an EV sector stock with a more than 1200% increase to its share price YTD. The stock has been in a bull market as investors evaluate its position to leverage its ReVolt EV motorcycle’s strength into the booming African ride-share market. The company expects to begin production of its highly anticipated Retro ReVolt in July, and the company said it already has an order to produce 2000 units. Revenues from that sale set the stage for future growth and could be the first of many catalysts.

Last week, the company also published a multimedia presentation showing plans to extend its reach far beyond just its ReVolt Motorcycle. In its presentation, ALYI detailed its plans to create an EV Ecosystem to penetrate multiple markets in the sector, including sub-markets like battery technology, charging stations, vehicle design, and communications. 

Shares are trading at roughly $0.12, down from about $0.17 earlier last week. However, profit-takers likely took some gains after an extraordinary run higher. ALYI trades actively, and liquidity is quite good for a micro-cap stock. Too many good things are happening at this company to ignore. Its trend higher is likely to consider, and if chatter from social media trading sites is any indication, it will.

World Series of Golf, Inc. (OTC Pink: WSGF)

World Series of Golf, Inc. is the parent company of Vaycaychella. Vaycaychella is planning to launch a potentially revolutionary real estate investment app that matches buyers, investors, and property owners of vacation rental properties together. Its beta launch for the app is expected this month.

The app is a first of its kind and allows for fractional property ownership, short and long-term investments. A multimedia presentation last week highlighted how easy it will be for users to make deals. The app virtually does away with credit checks, income to debt ratios, and credit scores. Instead, it matches willing participants to conduct business in a safe and secure app. WSGF expects that the app can deliver upwards of $100 million in revenues after its first twelve months in the market. Its beta launch is scheduled to happen this month, and plans for global introduction is planned to happen later this year.

The stock trades at $0.025 per share, and volume is substantial. The stock traded as high as $0.08 in January and may return to those levels once its beta launch is officially announced. The app is attracting interest, and some have compared it to being the Robinhood app for real estate by opening the door to multiple property ownership by even the smallest retail investors.

Fractional property ownership worldwide, a seamless and user-friendly application, and a means to build an extensive real estate investment portfolio through small incremental investment could be a game-changer in the sector.

These three stocks could fly this week. Of course, no stock shoots straight up, and consolidation is healthy. But, investors reacted well to these three last week, and each appears well-positioned to continue their independent runs. The great news is that each is in popular sectors, and all bring potentially game changing drugs, products, and services to needy markets.

Pay attention. These all tend to move quickly.

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