Cybersecurity performs had been sizzling final week given Russia’s invasion of Ukraine. President Biden talked about potential cyberattacks in his tackle to the nation.
Keep on prime of the general market and information movement. Keep in mind, roughly three out of 4 shares observe the market.
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- IronNet Inc. (NYSE: IRNT … learn my evaluation right here)
- JPX World Inc. (OTCPK: JPEX … learn my evaluation right here)
- CYREN Ltd. (NASDAQ: CYRN … learn my evaluation right here)
Prime Penny Shares Record: February 28, 2022
Cybersecurity shares began spiking on February 24 throughout President Biden’s speech. He additionally warned final summer season that cyberattacks might end in a ‘actual capturing warfare’ with a serious energy.
It’s unattainable to guess what’s going to occur. Deal with how the market reacts and commerce accordingly.
These are the OTCs I’m watching this week…
And listed below are the listed shares I’m watching…
3 Penny Shares to Watch This Week
Whereas cybersecurity shares aren’t the one shares in play, I’ll control all the sector. Every of this week’s featured shares is a cybersecurity play…
Prime Penny Shares Record #1: IronNet Inc. (NYSE: IRNT)
IronNet is a world cybersecurity firm.
Key factors about IRNT…
- On February 9, IronNet introduced a authorities contract with a Gulf Cooperation Council nation. (The nation selected to stay nameless to assist defend operational safety.)
- The corporate introduced two new Singapore-based purchasers on February 16.
- IRNT closed up 27% on Thursday. It spiked 50% earlier than pulling again to shut up 17% on Friday.
I gained’t chase or get too aggressive on this market. I’ll watch IRNT for potential dip buys. The larger the panic, the higher.
Prime Penny Shares Record #2: JPX World Inc. (OTCPK: JPEX)
VeeMost Applied sciences controls JPX World. The corporate plans to file a reputation and ticker change with FINRA. VeeMost is a cybersecurity firm.
Key factors about JPEX…
JPEX has run prior to now however it’s additionally an enormous Twitter pump. I’ll look ahead to potential dip buys into any large morning panic. I’ll additionally look ahead to extra spiking, ideally with information and extra quantity.
Prime Penny Shares Record #3: CYREN Ltd. (NASDAQ: CYRN)
Cyren Inc. is a cloud-based cybersecurity firm.
Key factors about CYRN…
- On February 8, Cyren introduced a 1-for-20 reverse cut up.
- The corporate closed a personal placement on February 14. Cyren plans to make use of the $12 million it raised for working capital and company functions.
- CYRN closed up 118% on Thursday and spiked one other 73% in premarket buying and selling on Friday. It closed up 25%.
CYRN regarded toppy on Friday proper round Thursday’s highs. I used to be in search of a morning panic. I’ll maintain looking forward to potential dip buys — particularly if it retains going. With that in thoughts, look ahead to potential morning spikes, too.
Monday Motivation
Lots of people have requested me my ideas about what’s occurring in Ukraine.
I want we might all simply stay in peace, and my prayers exit to the superb folks of Ukraine.
Keep in mind, in case you actually need to change the world…
It’s Your Responsibility to Construct Wealth
There’s rather a lot on this world that wants altering. Particularly now. The query is, what are you able to do?
Do not forget that in case you TRULY need to change the world for the higher it is your responsibility to get extraordinarily rich. And to attain that you might want to research/work tougher than you ever imagined potential, however the excellent news is your information/monetary positive factors compound surprisingly nicely over time!
— Timothy Sykes (@timothysykes) February 25, 2022
Clearly, there are issues you are able to do to make the world a greater place with out cash. However with cash, you may leverage the great you do.
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