penny stocks buy market rebound

3 Penny Stocks to Add to Your Watchlist Right Now 

After the less than stellar trading session yesterday, many penny stocks investors are eager for a market rebound. But, to take advantage of a bullish turnaround, investors need to have a thorough understanding of what the market is doing right now, and how to trade penny stocks. These are the best ways to ensure that you have the greatest chance of finding potentially profitable penny stocks to buy

Right now, the largest impactor on the stock market is Covid. And while the pandemic itself is impacting the stock market, the ramifications of Covid such as inflation, stimulus, geopolitical issues, and more, are all contributing as well. This means that investors need to stay ahead and work to find out as much information about the market as possible. 

[Read More] Making Money With Penny Stocks During a Stock Market Crash

Any great investor will tell you that having research by your side will keep you informed and ahead of the game. And with penny stocks specifically, momentum is more often than not, driven by news or external factors. This is also known as speculation and is the driving force behind penny stocks’ movements. So, considering all of this, let’s take a look at three penny stocks to add to your watchlist right now. 

3 Penny For Your Watchlist in September 2021 

  1. Seanergy Maritime Holdings Corp. (NASDAQ: SHIP
  2. 1847 Goedeker Inc. (NYSE: GOED
  3. Alset EHome International Inc. (NASDAQ: AEI

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP)

Seanergy Maritime Holdings Corp. is a penny stock that has climbed in value by almost 20% in the past month or so. If you’re not familiar, Seanergy is a company that transports dry bulk commodities by sea, such as iron ore and coal. As of February 19th, the company had 11 Capesize vessels that can carry 1,926,117 combined deadweight tons. Since February when the report was released, the number of vessels Seanergy has is substantially greater.

On September 8th, the company took delivery of its 17th Capesize M/V Worldship. This period charter will commence immediately. It has already entered a time charter with an existing charterer at a gross fixed rate of $31,750 per day for 12 to 16 months from the delivery. This vessel was purchased with cash on hand, and the company is in talks with a leading bank to finance some of the acquisition cost.

“I am pleased to announce the addition of the seventeenth Capesize vessel to our fleet and the concurrent commencement of her period employment. Including this delivery and the sale of the M/V Leadership, 94% percent of our fleet is employed under period time charters, 87% of which are index-linked T/Cs. This allows us to fully utilize our fleet in order to capitalize on the robust market rates.”

CEO of Seanergy, Stamatis Tsantanis

In other recent news, Seanergy just presented at multiple conferences such as the 20th Annual Marine Money Week Asia. Keeping this in mind, will SHIP stock be on your watchlist?

Penny_Stocks_to_Watch_Seanergy_Maritime_Holdings_Corp_SHIP_Stock

1847 Goedeker Inc. (NYSE: GOED)

1847 Goedeker Inc. is an e-commerce company that sells a large variety of products. The products that Goedeker sells include fitness equipment, televisions, patio furniture, and many other home appliances. In addition to the sale of these products, 1847 Goedeker provides installation services and old appliance removal services for its products. In the past month, shares of GOED stock have climbed by almost 20% which is quite substantial. 

[Read More] Are Biotech Penny Stocks Worth Buying? Check These 3 Out

On August 31st, the company announced a CEO transition and steps to strengthen its leadership. The co-founder of Appliances Connection, Albert Fouerti, has been appointed CEO of 1847 Goedeker. The company also appointed capital markets veteran and meaningful stockholder Ellery W. Roberts as executive chairman. With this, it now has established a strategic planning committee to help further accelerate its growth.

“Now that Goedeker has completed the acquisition of Appliances Connection, we are well-positioned to begin aggressively scaling and pursuing market leadership. We have a clear strategy that is grounded in providing customers unmatched selection, competitive pricing, dependable and fast shipping, and a seamless online shopping experience.”

Albert Foerti, CEO of 1847 Goedker

As a result of this announcement, GOED stock has continued to climb in several recent trading sessions. The company’s stock price is at $2.95 per share as of September 21st. With all of this in mind, will GOED stock make your penny stocks watchlist in September?

Penny_Stocks_to_Watch_1847_Goedeker_Inc

Alset EHome International Inc. (NASDAQ: AEI)

Alset EHome International Inc. is a property development company that is based in the United States. This company not only develops property but also engages in biohealth activities and digital transformation technology. When it comes to property development, it offers home building, sales, rental, property management, and more. For digital technology, it designs apps for enterprise messaging and e-commerce software platforms. In regards to biohealth, it researches nutritional chemistry to create a natural sugar alternative as well as products that slow the spread of disease.

On September 9th, Alset’s subsidiary American Pacific Bancorp received a $40 million investment from Document Security Systems Inc. (NYSE: DSS). American Pacific Bancorp will issue 6,666,700 shares of common stock at $6 per share to reach the total purchase price. DSS has now acquired more than 50% of ABP’s outstanding shares of common stock and is now the majority owner of the company.

CEO of DSS Frank D. Heuszel said, “This investment represents a strong validation of APB’s business model, and this fresh injection of funds should significantly improve APB’s ability to execute its plans on an expedited basis.” This announcement caused AEI stock to climb substantially in the market. AEI stock’s volume is much higher than its market average at the moment. With all of this in mind, is AEI making your list of penny stocks to watch?

Penny_Stocks_to_Watch_Alset_EHome_International_Inc_AEI_Stock_Chart

Are Penny Stocks Worth Buying Right Now?

Finding the best penny stocks to buy in 2021 can be challenging. But, with so much going on in the stock market right now, there is a lot of momentum to take advantage of.

[Read More] Best Penny Stocks To Buy Today? Retail Traders Are Watching These Now

Considering that Covid cases are beginning to decline in some areas of the country, many investors are hopeful about the future. But, it is always important to keep your investing strategy on hand no matter what the market conditions are. With all of this in mind, do you think that penny stocks are worth buying right now?


Sign up for our FREE Newsletter and get:

  • The Beginner’s Handbook For Trading Penny Stocks
  • Penny Stock Alerts And Ideas
  • Learn To Trade Penny Stocks
  • Free Access to The Fastest Growing Highest Rated Trading Chatroom
Privacy Policy

Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | news@pennystocks.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like