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Another three tax benefits show up in the government spending bill attached to the package. First thing's first, what are penny stocks?

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Another three tax benefits show up in the government spending bill attached to the package.

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First thing's first, what are penny stocks? Penny stocks are well-known for their volatility aside from just their cheap price. First, understand what you're buying and why you're buying it. Just saying you trade penny stocks isn't the goal.

You're in the market to make money. So, identifying entry and exit targets are obviously important. What's more, is you should have a basic strategy in mind.

Groip you looking at day trading penny stocks or do you have a longer-term idea in mind? Also, it's important to for the swings in price and how fast they're happening. Case in point, small-cap stocks are red hot right now.

When finding penny stocks to buy, make sure you assess each trade independently and plan accordingly. Furthermore, day traders wouldn't normally jump into a stock that is barely fluctuating in price. As a friend of thumb, the lower the price, the higher the volatility.

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That's simply for the fact that a small move in price equates to a larger percentage change. This week the company came out with news that it finished the purchase of roughly 44 acres in Montana.

Hcat will be the site for its vaccine development and manufacturing facility. This adds to the growing footprint of the company as well. These two facilities will support the development and production of the company's vaccine candidates.

Specifically, the TNX has been a center of attention as you could imagine. Many coronavirus vaccine stocks have garnered interest over the last few months.

In this case, Tonix is aiming to report efficacy data from animal challenge studies of the vaccine candidate next quarter. Unlike other biotech's Biolase is mainly focused on products used in oral health. The company's nsmes products are dental laser systems that perform a wide range of procedures, including cosmetic and complex surgical applications.

Last month the company launched Waterlase Endo Academy to foster education and best practices for integrating Waterlase technology in clinical settings. Jaguar Health Inc.

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While we've reported on the company for weeks, the bigger move this week comes after Jaguar's latest update. The company ed an agreement for a non-dilutive royalty financing transaction.

Lisa Conte, Jaguar's president and CEO, explained that, "The timing of this transaction aligns well with the progress of the recently initiated pivotal Phase 3 trial for CTD, for which patient enrollment is progressing. There's a potential deal with the SPAC and an operational subsidiary of Jaguar to be established in Europe with an exclusive to crofelemer and Mytesi for the indications of inflammatory diarrhea and HIV-related diarrhea.

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Senseonics Holdings Inc. Senseonics was granted a patent titled, "Remotely-powered sensing system with multiple sensing devices. Senseonics' implantable glucose monitoring systems nmaes used by diabetes patients.

This communicates with a smart transmitter worn over the sensor. Data are then sent every five minutes to a mobile app on the user's smartphone. Adding to the reasons to watch Senseonics, earlier this year the company entered a collaboration with Ascensia Diabetes Care, a global diabetes care company. Heading into the beginning ofthere are a few things traders are following.

One of these things is the initiation of commercial activities outside of the US with the help of Ascensia. The company also expects a decision on approval of its Eversense product by the FDA in the first half chay the year. Neither the author of this post nor Pennystocks. Benzinga does not provide investment advice. All rights reserved.