If there’s one thing that we know, it’s that
penny stocks and Robinhood may not be the best of friends right now. This week’s events have put a bad taste in the mouths of millions of traders. Thanks, in part, to platform-wide restrictions on some of the most popular stocks in the market, everyone from Dave Portnoy to Mark Cuban are voicing their concern. So are traders, and it could see a mass exodus to other platforms.
One of the interesting things that have come to light (I don’t know why) is that Robinhood has restricted access to penny stocks for a while now. This isn’t in the same sense as what happened to GameStop or Express this week. But it is along the same line of thought to “protect investors.” What I’m referring to is the lack of access to OTC penny stocks.
American Battery Metals Corporation: American Battery Metals Company Selected for $4.5 Million Grant by U.S. Department of Energy Advanced Manufacturing Office / ACCESSWIRE / January 28
, 2021 / American Battery Metals Corporation (OTCQB:ABML) (the Company ), an American-owned lithium-ion battery recycling technology and advanced battery metals extraction company with extensive mineral resources in Nevada, which is in the process of changing its name to American Battery Technology Company, has been selected for a $4.5 million grant by the U.S. Department of Energy s Advanced Manufacturing Office.
This funding opportunity is part of the Department of Energy s efforts to reduce American dependence on imported critical materials by both diversifying the sources of materials needed for energy technologies and establishing domestic capabilities to refine materials used in manufacturing. American Battery Technology Company, and its industry partners, are excited to have been selected
DOE awarding more than $50M to 15 projects to advance critical material innovations
The US Department of Energy (DOE) is awarding more than $50 million in funding for 15 projects focused on field validation and demonstration as well as next-generation extraction, separation, and processing technologies for critical materials.
Critical materials are used in many products important to the US economy and energy technologies, such as rare-earth elements used to manufacture high-strength magnets for offshore wind-turbine generators and lithium and cobalt in lithium-ion batteries for electric vehicles.
Projects selected under this funding opportunity announcement will reduce both the costs of critical materials and the environmental impacts of production. The projects are divided into two main topic areas:
Are These Electric Vehicle Penny Stocks On Your Watch List Right Now?
One of the hottest niches for penny stocks in Q4 is electric vehicles. What initially began with Teslaâs (TSLA Stock Report) Battery Day has spilled over into an industry boom. With it has come a tidal wave of momentum boosted by small-cap stock traders. I remember we wrote on plenty of electric vehicle penny stocks earlier in the year.
The interesting part is that many have now become centerpieces for larger firms that, for whatever reason, didnât take these companies in a serious light when they were âjust penny stocksâ. Needless to say, it likely just came with the territory. Now that Nio (NIO Stock Report) is trading above $45 and Blink Charging (BLNK Stock Report) surpassed $50, some traders are starting to connect some dots. Those dots point to emerging growth, high volatility, high-risk penny stocks.
4 Best Penny Stocks To Buy Under $4 Today? 1 With 109% Price Target marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.