Richard Masana 
This article, 2/21 Stocks, focuses on providing stock market and financial advice. For today’s article, we will be addressing the market and making some picks moving forward.
Thoughts on the Market
Bitcoin is absolutely surging over the weekend, kissing $58,000. This rise should no doubt trickle over to the price of some of the already surging blockchain stocks. RIOT has been the king of the genre, but MARA, SOS, and others are also in the game.
I think along with the price of Bitcoin, we are also looking at how the stimulus efforts end up. Much of any stimulus to come is already built into the market, but there will be pushback regarding the income eligibility threshold. A lower limit means more checks go out, which likely means more money coming into the market.
Many of the more popular penny stocks are holds right now, having recently diluted shares with direct offerings. However, there is still some great value to be had. Any loss to the S and P last week primarily came from hits to FAANG stocks, among other huge cap market staples. My expectation is that sometime this week, levels will hit new all time highs, as some of those stocks rebound.
2/21 Stocks
1. SENS – SENS seems like a monster waiting to blow. In terms of one year upside, this is the 2/21 Stocks article’s top selection. This company deals with diabetes monitoring and medication. Their main product Eversense allows for electronic monitoring with less hassle than products offered by competitor Dexcom. It is easier to use by all accounts and the monitoring lasts longer without recharge. The con here is that they are still waiting on FDA approval for Eversense expected sometime in Q2. However, they have already gained approval in several European countries, all of which have more stringent testing requirements.
Dexcom is a $400 plus stock, so the sky is the limit here in terms of seizure of market share. Only $4 and change now, SENS offers comparatively a lot of upside. George Soros bought 5.1% of the company, with Blackrock, Vanguard, and Citadel also buying large positions. SENS is up 49.04% this month and a whopping 1,164.86% over three months, so there is plenty of traction.
2. Gevo – The technicals on Gevo suggest that there has been a bit of consolidation and a surge up may be imminent. Gevo has a lot of momentum, up 39.98% for the month, 799.28% for the past three months. Gevo’s sector, renewable energy, is a hot one, in which we have seen some rapid risers over the last year. The emphasis on alternative to petroleum and specified focuses on components such as jet fuel, provide the company additional clarity in regards to it’s mission.
3. SOS – Speaking of hot, shooting up 18.95% last week and 442.3% over the last three months, we have SOS. If you were on discord last week, you might have noticed that I recommended buying the dip mid week. SOS hit a high of $14.72 on Wednesday before retreating to support just below the $10 mark. There was also an offering that SOS capitalized on, in addition to another coming this week, at market price. As a result, they have promised no more offerings for the next 90 days. With Bitcoin hitting new highs, SOS might be ready to run and kiss $18-20 by the end of the week.
Honorable Mention: MARA
Make sure to hop in our Expert Discord Chat for FREE! Rich will be there answering questions all day and all night! Follow Rich on Twitter @JFan303 and be sure to be on the look out for future articles at https://windailysports.com/stocks/ . Rich is not a financial advisor, but merely an individual investor. He does own shares of all the stocks listed above.
