3 Tiny Stocks With Massive Potential Returns

August 12, 2024 | [Read Online]( 3 Tiny Stocks With Massive Potential Returns [fb]( [fb]( [fb]( [fb](mailto:?subject=Post%20from%20Elite%20Trade%20Club&body=3%20Tiny%20Stocks%20With%20Massive%20Potential%20Returns%3A%20%0A%0Ahttps%3A%2F%2Felitetrade.club%2Fp%2F3-tiny-stocks-massive-potential-returns) Good morning. It's August 12th, and we’re going to look at Scotiabank's investment in KeyCorp, Blink Fitness’ Chapter 11 Bankruptcy, and three tiny stocks that are heating up the market today. Previous Close 📈 All three major indices posted modest gains on Friday after a tumultuous week of ups and downs. Futures Futures are nearly flat today as traders brace for the U.S. inflation report due later this week. What to Watch In the pre-market session, Monday.com, Fortrea Holdings, and Kodiak Gas Services will be sharing their earnings reports. We’ll also get the monthly U.S. federal budget at 2:00 p.m. today. After the close of the day’s trade, Rumble, Net Power, and Perspective Therapeutics will report their quarterly numbers. [Tech Legend: “Buy These Five AI Stocks, Sell These Other Three”]( This Wednesday, August 14th, at 8 p.m. Eastern… Jeff Brown is hosting an AI emergency meeting where he will discuss his new model portfolio… And give you details of his top FIVE small cap stocks that are working on a new type of AI he calls “Exegesis AI,” including a company he calls “the next NVIDIA.” He’ll also mention the names of three popular AI stocks you should definitely avoid, including a popular AI blue-chip stock. [Click Here to RSVP.]( Banking Scotiabank Investing $2.8 Billion in KeyCorp, Buying Nearly 15% Stake The Bank of Nova Scotia announced plans today to purchase a 14.9% stake in KeyCorp, a Cleveland-based regional bank, for approximately $2.8 billion. The deal is part of Scotiabank's strategy to strengthen its presence in North America. KeyCorp shares are rallying by nearly 14% in pre-market trade. Scotiabank will acquire the shares at $17.17 each. This represents an 11% premium to KeyCorp's volume-weighted 20-day average price. KeyCorp was one of the U.S. regional banks most affected by last year’s financial turmoil. Many regional banks, including KeyCorp and Fifth Third Bancorp, earned less from their loan businesses after they were forced to spend more to attract and retain deposits. Pharmaceuticals Pfizer Reporting Strong Immune Response in Immunocompromised Adults From RSV Vaccine Pfizer announced that its respiratory syncytial virus (RSV) vaccine, Abrysvo, demonstrated a robust immune response in a late-stage study involving adults with compromised immune systems. The study included four groups of individuals aged 18 and older, each with conditions such as lung cancer, end-stage kidney disease, autoimmune disorders, and those who had received solid organ transplants. A single 120-microgram dose of Abrysvo generated strong neutralizing antibodies against both RSV-A and RSV-B subtypes across all groups. Pfizer reports that the vaccine was well-tolerated, with a safety profile consistent with previous studies. The company is planning to submit these findings to regulatory agencies for review. Currently, Abrysvo is approved for individuals aged 60 and older, as well as for pregnant women during the third trimester to protect their newborns. RSV is a common virus that can cause severe respiratory illness, particularly in young children and older adults, leading to significant hospitalizations and deaths each year in the United States. Fitness Blink Fitness Initiating Sale Process Amid Chapter 11 Filing Blink Fitness has initiated a strategic move to enhance its business through a value-maximizing sale process. As part of this effort, the company voluntarily filed for Chapter 11 bankruptcy protection in the District of Delaware. Despite the ongoing sale process, the company is continuing its strategic initiatives aimed at revitalizing popular gyms, enhancing member experience, and deepening community engagement. Over the past two years, Blink Fitness has seen nearly a 40% increase in revenue and anticipates further growth in 2024, projecting the best financial performance in five years. CEO Guy Harkless emphasized that the decision to file for Chapter 11 was made to strengthen the company’s financial foundation and ensure its long-term viability. To support operations during this period, Blink Fitness has secured $21 million in debtor-in-possession financing from existing lenders, subject to court approval. This financing, along with ongoing operational cash flow, will help the company maintain normal business activities, including paying employee wages and vendor obligations. [A Strategy REAL Traders Use in the Markets]( Did you know there are different types of breakouts? Continuation breakouts often happen in less than 10 days. It’s fast—and if you know how to find them, successful trade after successful trade can be made. Why 10 days? We cover that in our free report… …where we also discuss another type of breakout you need to know about… [Download “THE #1 Breakout Trading Plan…” Right Here!]( (Clicking the link above will opt you into a subscription with NetPicks.) Movers and Shakers Interactive Strength Inc. [TRNR] - Last Close: $0.35 Interactive Strength is seeing a 116% surge in premarket trading today after successfully winning an appeal to stay listed on the Nasdaq Stock Market. Earlier this year, the stock was at risk of being delisted because it didn't meet Nasdaq's equity requirements, including a minimum stockholders' equity of $2.5 million. However, after appealing this decision, the Nasdaq Hearings Panel granted the company more time—until November 14, 2024—to meet the required standards. My Take: This is a tiny stock with a less-than-solid financial track record. Expect volatility if you want to invest in this one. Ainos, Inc. [AIMD] - Last Close: $0.52 Ainos is rallying by 40% in premarket trading so far today. This comes after the company announced on Friday that it has secured exclusive licenses for ten valuable patents from Taiwan Carbon Nano Technology (TCNT), its strategic partner. These patents, worth around $5.4 million, cover advanced gas sensors and medical devices across key global markets, including the U.S., Germany, China, Japan, and Taiwan. This deal is particularly significant as it strengthens Ainos' AI Nose and Point-of-Care Testing (POCT) technologies, which are essential in medical diagnostics. By securing these patents, Ainos is better positioned to advance its innovative products, like the VOC POCT candidate Ainos Flora, and develop new technologies using NVIDIA CUDA. My Take: The news on patents is exciting, and this might be a good stock to keep a close watch on for the future. LogicMark, Inc. [LGMK] - Last Close: $0.21 LogicMark is up by 30% today in premarket trading. The personal emergency response systems and health communication devices company announced a successful $4.5 million public offering last week. The firm completed this offering at-the-market, meaning the units were sold at the current market price. Each unit included a share of common stock and two types of warrants (warrants are options to buy more shares in the future at a set price). The funds raised will be used for working capital and general corporate purposes, which indicates the company is gearing up for growth or new initiatives. My Take: This is another good stock to keep on your radar. However, make sure to hedge your bets as this penny stock can see a lot of volatility in price. [Free Report: Five Top Cheap Stocks Poised for a Big Move]( Some of the greatest opportunities can be found in undervalued stocks. Often, a stock will become undervalued because of negative events, like the pandemic. Perhaps the company missed earnings, became overlooked, or was hit with downgrades. Or, maybe the stock fell along with its competition. Here are five of the most exciting, cheap stocks you may want to take a look at today. [Download the Free Report]( Everything Else - [India’s Adani Group]( lost $9 billion after new allegations surfaced from Hindenburg. - [DirecTV]( is shifting focus to streaming and has featured Deion Sanders in a new campaign. - [UBS warns](that big events like the Olympics and Taylor Swift’s tour could affect inflation data. - [Gold]( prices increase as investors watch for U.S. inflation reports. - [Tesla]( continues to pursue government subsidies, while Musk supports Trump. - [China]( is experiencing record capital outflow as foreign investors withdraw their investments. - Geopolitical tensions and U.S. economic optimism boosted [oil prices]( for the fifth straight session. That’s all for today. Thank you for reading. If you have any feedback, please reply to this email. Best Regards, — Adam Garcia Elite Trade Club [Click here]( to get our daily newsletter straight to your cell for free. P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP. 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