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Daily Top Penny Stock Picks
Cannabis Science, Inc. (OTC:CBIS)
On Tuesday, the stock price of Cannabis science shot up from $0.02 to $0.07, and on Wednesday morning continued its surge and broke the $0.1 mark.
So why the big break in the stock price? It all comes down to a PR released yesterday, in which the company announced that numerous patients have reported that Cannabis Science treatments are effective in killing cancer cells. This is without doubt a massive announcement for this company, and it is not hard to see why the stock is now booming.
The CEO of Cannabis Science, Dr. Robert Melamede, said that the company intends to make these cancer medicines available to the general public as soon as possible. For this, the company is looking for accelerated FDA approval. He went on to say that this could be a medical revolution. With more clinical trials on the way , great things are set to happen in the near future. The company will shortly announce its future plans for cancer treatment in a press conference.
The company is a pioneer in the development of pharmaceutical products derived from cannabis. It works in tandem with work authorities, targeting critical illnesses that have been proved to be, or are believed to be treatable by Cannabis. The developed products are used to treat diseases as well as the symptoms of the diseases, and also for the overall maintenance of health.
iBrands Corp (PINK:IBRC)
On Tuesday this stock jumped up from $0.005 to $0.0075.By mid-morning on Wednesday it had hit $0.008.
After months of relative inactivity, the stock price has now gone up by no less than 700% since the turn of the new year. A key driver of this surge has been the company’s move towards acquiring Galileo Optics. On February 22, the company announced that the acquisition deal has been finalized. This comes on the back of its previous announcement earlier in the month that the company had signed a letter of intent to purchase Galileo.
Galileo specializes in the distribution of optical instruments to big-box retailers.
iBrands Corporation consists of two operating subsidiaries, i Software and iMenu24/7. These subsidiaries both provide consumer online ordering for the global restaurant industry. In the US at this time, only a little over 5% of restaurants have an online ordering service, and the vast majority of them are pizza chain stores. This is one direction in which the market potential of the company’s software is huge.
ASSOC FIRST CAP CORP (PINK:ASFZ)
On Tuesday this stock more than doubled in price and is definitely one to watch for the rest of this week.
Associates First Capital is a financial services company, with highly diversified operations in the US and around the globe. The principal services provided by this company are in the insurance, credit cards, leasing and consumer finance sectors.
On Wednesday morning the stock climbed further before entering a volatile stage of drops and gains. With the price this unstable, it is best leaving it for the time being, but investors should certainly keep their eyes on it to see how it performs through Wednesday and onwards.
The information supplied in this article is not to be considered as medical advice and is for educational purposes only.