We are currently in a “baby with the bathwater” market, based on the old saying ‘don’t throw out the baby with the bathwater’. OTC penny stocks in particular have experienced a sharp decline, but are more likely to make near term spikes due to their high volatility. Investors seeking oversold undervalued opportunities in the OTC markets should start researching Wearable Health Solutions, Inc. (OTCMKTS: WHSI), HPIL Holding (OTCMKTS: HPIL), Upstryve, Inc. fka ProBility Media Corporation (OTCMKTS: PBYA) and REMSleep Holdings, Inc. (OTCMKTS: RMSL).
Wearable Health Solutions, Inc. (OTCMKTS: WHSI) has been on a roll this month nearly doubling in price. Luckily for investors just learning about the company, there is still plenty of headroom on the chart and several value catalysts on the horizon. One of those catalysts could be announced anyday, the release of the company’s 4G Max, it’s next-generation wearable medical device. WHSI is the only small cap opportunity in the Personal Emergency Response System (PERS) market, forecasted to reach $960 Billion by 2025, and over a trillion within the decade according to WallStreetResearch. The company has already secured sizeable market share with its 3G device. In 2021 it recorded record revenues of $1.3 Million, with 8,000 end users, and 2,000+ potential activations.
One of the largest catalysts the company could see would be an uplist to the OTC QB, which the company announced it is considering in the near-term. It would lower the company’s cost of capital, open them up to analyst coverage and institutional investment. Most importantly, it would increase its already impressive liquidity, which could send the stock to a completely different price range. Right now is a great time to start your research on WHSI.https://topnewsguide.com/wearable-health-solutions-inc-whsi-profile/
HPIL Holding (OTCMKTS: HPIL) is on the low end of its recent trading channel between $0.0008 and $0.0012. If it can break out of the channel its next resistance is 2 cents which would make for an impressive gain from these prices. The holding company has been working to achieve current filing status and plans to update its investors at its shareholder meeting which will occur on June 16th.
HPIL Holding is developing technology projects through its several holdings including Apogee Dynamics, World Gaming Group, Medusa Artificial Intelligence, NFT Procurement, ZIPPA and Humm Token.
Upstryve, Inc. fka ProBility Media Corporation (OTCMKTS: PBYA) started the year trading above $0.003, and has fallen with the market, landing at its current price of $0.001. The company might have found support here and is worth monitoring for a bounce. In the company’s latest quarterly report it announced a revenue jump of 57% and profit increased 43%. The career services company is also working on gaining current filing status like PBYA.
PBYA’s adjusted EBITDA for the past 9 months is just under $1 million ($879k), off $5.9 million in sales with $3.7 million in profit. The company’s 9 month price-to-sales (P/S) ratio is 0.66, which below the minimum standard of 1. Growth companies like PBYA generally trade much higher than 1 times sales, so from a fundamental standpoint it could be considered undervalued. Maybe updated financials will help investors feel comfortable driving this company to a price more consistent with its sales.
REMSleep Holdings, Inc. (OTCMKTS: RMSL) started June off with a steep price drop from over 4 cents per share to its current price just below 2 cents per share. The company is dedicated to treating the sleep apnea condition projected to be a $7.1 billion market by 2030 according to Vision Research Reports.
RMSL CEO Tom Wood recently released a letter to shareholders. The company’s DeltaWave device “will be reclassified under 510K review as an implantable device. Consequently, additional testing is now required under this new classification.” This setback was a major reason for the company’s price drop. Any positive news regarding its new classification for the DeltaWave device could push the stock higher.
MAKE SURE TO START YOUR RESEARCH TODAY
We are currently in a “baby with the bathwater” market. In bear turns like this several valuable stocks fall below proper valuation due to market overreaction. These are the markets where savvy investors accumulate oversold opportunities. The above stocks may just be some of the best oversold options on the OTC. Start your research today.
Start your research on WHSI now:https://topnewsguide.com/wearable-health-solutions-inc-whsi-profile/
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