Are Robinhood Users Making Penny Stocks Disappear?

Are Robinhood Users Making Penny Stocks Disappear?

As the market closed on Tuesday afternoon, only three companies listed on the Nasdaq exchange had a common share stock price below $1. When the market opened on Wednesday morning, there were none. The last three stocks to regain the $1 threshold were: China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) Luokung Technology Corp. (NASDAQ: LKCO) Acasti…

COUV Stock Halted for 14 Days, SEC Raises Questions about “Accuracy” in Press Releases

COUV Stock Halted for 14 Days, SEC Raises Questions about “Accuracy” in Press Releases

Corporate Universe, Inc. (OTC Pink: COUV) has been soaring to new highs lately. It’s part of a larger trend where dozens of stocks, in the typically illiquid OTC markets, have come to life in recent months. At the beginning of December 2020, COUV was trading near $0.02 per share. Yesterday it closed at $0.84, an…

Bitcoin Soars to All-Time Highs After Tesla Buys $1.5 Billion Worth

Bitcoin Soars to All-Time Highs After Tesla Buys $1.5 Billion Worth

In a Monday morning filing with the SEC, Tesla, Inc. (NASDAQ: TSLA) disclosed it had purchased $1.5 billion worth of bitcoin. The electric car maker stated its desire is to “diversify and maximize returns” on the extra cash it had on hand. Shortly after news of the filing broke, bitcoin spiked to new all-time highs…