Top Penny Stocks on Reddit: Last Week's Hottest Picks

January 19, 6:26 am

Reddit has emerged as a powerful platform for risk-taking investors, particularly those looking for cheap penny stocks. With its buzzing community and real-time discussions, Reddit offers insights into which stocks are trending and why. For those willing to navigate its sometimes chaotic, meme-stock-driven waters, it can be a goldmine of information. Here are some of the top penny stocks discussed on Reddit last week along with the top highlights, sentiment, price changes, and what people are saying about them.

ImmunityBio (IBRX)

ImmunityBio was the most mentioned penny stock on Reddit last week. The sentiment around the stock is overwhelmingly bullish, driven primarily by talks of a potential short squeeze. Users have pointed out that with a forced covering zone at $4.50, short interest at 37%, and the successful launch of their drug ANKTIVA, the sky is the limit. Additionally, recent FDA approvals and expansion into new markets like Saudi Arabia have provided strong fundamentals backing this sentiment.

Sellas Life Sciences Group (SLS)

Sellas Life Sciences also garnered significant attention. The stock received a bullish sentiment from the community, particularly due to its pioneering cancer treatments. The lead asset, Galinpepimut-S, is being evaluated in Phase 3 trials for acute myeloid leukemia (AML) and shows promising results. Additionally, SLS009, a small molecule cancer drug, is gaining traction for its efficacy. Discussions on Reddit highlight strong partnerships, healthy financials, and potential for explosive growth due to high short interest and institutional ownership.

Beyond Air (XAIR)

Beyond Air has seen significant interest, especially after it skyrocketed by 93% last week and reached new volume highs. With new funding secured and regulatory approvals in several countries, Beyond Air is transitioning from R&D to commercialization, making it an appealing pick for investors looking for growth in the med-tech sector.

Company		Mentions	Sentiment	Price	AI Score
	Immunitybio IBRX	525 17400%	Bullish	$5.52 113.1%	58
	Sellas Life Sciences Group SLS	255 44.4%	Bullish	$3.98 3.2%	52
	Rezolve AI RZLV	188 116.1%	Bullish	$4.61 15%	60
	Richtech Robotics RR	173 44.2%	Bullish	$3.88 0.8%	54
	Beyond Air XAIR	166 44.2%	Bullish	$1.70 93.2%	51
	Strive Inc ASST	100 17.6%	Bullish	$0.95 13.6%	51
	Beyond Meat BYND	88 35.4%	Bullish	$0.99 1%	37
	Datavault AI DVLT	81 46.7%	Bullish	$0.74 15.9%	49
	Plug Power PLUG	73 12%	Neutral	$2.36 3.5%	40
	Nuburu BURU	68 30.8%	Bullish	$0.18 10%	51

In summary, Reddit continues to be an invaluable resource for uncovering potential penny stock gems. By following discussions and leveraging community insights, investors can stay ahead of market trends and identify promising opportunities early on. While investing in penny stocks carries a high risk, the potential rewards can be substantial for those who do their research and act swiftly.

For more information and to stay updated the most mentioned penny stocks on Reddit in realtime, visit Trending Penny Stocks on Reddit.

This article was written by an experimental AI tool. Consider checking important information.

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