Wearable Health Solutions is among a small group of must-have titles for the month of June
We are currently in a ‘baby with the bathwater’ market, based on the old adage ‘don’t throw the baby out with the bathwater’. OTC penny stocks, in particular, have seen a steep decline, but are more likely to experience short-term spikes due to their high volatility. Investors looking for oversold and undervalued opportunities in the OTC markets should start looking for 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 its price. Luckily for investors new to the company, there is still plenty of room on the chart and several value catalysts on the horizon. One of those catalysts could be announced anytime, the release of the company’s 4G Max, it’s a next-generation wearable medical device. WHSI is the only small-cap opportunity in the personal emergency response systems (PERS) market, which is expected to reach $960 billion by 2025, and more than $1 trillion within the decade according to WallStreetResearch. The company has already secured a significant market share with its 3G device. In 2021, it had record revenue of $1.3 million, with 8,000 end users and over 2,000 potential activations.
One of the biggest catalysts the company could see would be a move upmarket to OTC QB, which the company said it was considering in the near term. This would lower the company’s cost of capital, open it up to analyst coverage and institutional investment. More importantly, it would increase its already impressive liquidity, which could send the stock into a completely different price range. 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 at the bottom 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 an impressive gain from these prices. The holding company has worked to obtain current filing status and plans to update its investors at its shareholder meeting on June 16.
HPIL Holding develops 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 fell with the market, landing at its current price of $0.001. The company may have found support here and is worth watching for a rebound. In its latest quarterly report, the company announced a 57% jump in revenue and a 43% increase in profits. The career services company is also working to obtain current filing status as PBYA.
PBYA’s adjusted EBITDA for the last 9 months is just under $1 million ($879,000), on $5.9 million in sales and $3.7 million in profit. The company’s 9-month price-to-sales (P/S) ratio is 0.66, which is below the minimum standard of 1. Growth companies like PBYA typically trade well above 1x sales, therefore from a fundamental point of view, they could be considered undervalued. Perhaps updated financials will help investors feel comfortable driving this business to a price more consistent with its sales.
REMSleep Holdings, Inc. (OTCMKTS: RMSL) started June with a steep price decline of more than 4 cents per share to its current price of just below 2 cents per share. The company is dedicated to the treatment of sleep apnea, which is expected to represent a $7.1 billion market by 2030 according to Vision Research Reports.
RMSL CEO Tom Wood recently issued a letter to shareholders. The company’s DeltaWave device “will be reclassified under 510K review as an implantable device. Therefore, additional tests are now required under this new classification. This setback was one of the main reasons for the company’s price decline. Any positive news regarding its new rating for the DeltaWave device could push the stock higher.
BE SURE TO START YOUR SEARCH TODAY
We are currently in a “baby out of the bathwater” market. In bearish turns like this, several valuable stocks fall below appropriate valuation due to market overreaction. These are the markets where sophisticated investors accumulate oversold opportunities. The stocks above are perhaps just some of the best oversold options on the OTC. Start your search today.
Start your WHSI research now: https://topnewsguide.com/wearable-health-solutions-inc-whsi-profile/
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