Dynamic Catalysts: Unlocking the Maximum Growth Potential of Small-Caps (PHIO, VMAR, GTBP, ONFO, GDHG)

9/29/20246 min read

In the fast-paced world of stock trading, identifying untapped potential within small-cap companies can lead to significant returns. These frequently underappreciated businesses prosper thanks to the intricate forces propelling their progress. In this discussion, we highlight five small-cap stocks, analyzing the key drivers behind their growth and what’s fueling investor attention.

Phio Pharmaceuticals Corp. (NASDAQ: PHIO) - Shares of Phio Pharmaceuticals Corp. closed last week down nearly 2%, settling at $3.50. Recently, the company announced its plans to present data on INTASYL, its proprietary technology platform, at the 20th Annual Oligonucleotide Therapeutics Society (OTS) Meeting. This event will take place from October 6th-9th in Montreal, gathering top experts in oligonucleotide research. Phio's presentation will highlight how INTASYL can enhance ex vivo expansion processes, optimizing the effectiveness of adoptive cell therapies like NK, TIL, and CAR-T. A key benefit of INTASYL is its streamlined chemical structure, which aims to reduce toxicity while improving tolerability and efficacy—critical factors in therapeutic development. As we await further updates from the company, we’re watching for a potential breakout past the $3.70 resistance level, driven by increased volume.

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Vision Marine Technologies Inc. (NASDAQ: VMAR) - Vision Marine Technologies Inc. shares ended last week at $0.56, down 1%. This month, the company introduced its groundbreaking E-Motion™ 180e Inboard electric motor system. With a powerful continuous output of 180hp at the propeller, this innovative system marks a significant expansion for Vision Marine, allowing a wider variety of vessels to benefit from its cutting-edge electric propulsion technology. "The E-Motion™ 180e Inboard builds on the expertise we've cultivated since 2015, starting with our inboard electric propulsion work on the Bruce22 model," said Alexandre Mongeon, CEO of Vision Marine Technologies. "Our success with the E-Motion™ outboard system, rooted in that experience, guarantees the reliability and efficiency of this new inboard offering. The E-Motion™ 180e Inboard extends our proven technology to more vessels, reinforcing our dedication to advancing electric propulsion in the marine sector." Excitement is building as Vision Marine gears up to showcase the E-Motion™ 180e Inboard at the IBEX International Boat Show on October 2, 2024. This launch highlights the company's focus on delivering state-of-the-art electric propulsion solutions for a wide range of marine applications. As we await further updates, we’ll be monitoring for increased trading volume and a potential resistance break at the $0.58–$0.59 level.

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GT Biopharma Inc. (NASDAQ: GTBP) - GT Biopharma Inc. shares ended last week’s trading session up 1%, closing at $2.12. This month, the company announced it will host a virtual KOL event on Thursday, October 10, 2024, at 12:00 PM ET. The event will feature Dr. Jeffrey Miller and Dr. Mark Juckett from the University of Minnesota Medical School, who will provide an overview of the NK cell therapy landscape, discuss current challenges, and share insights on the field’s expansion into new therapeutic areas beyond oncology, including inflammatory autoimmune conditions. Dr. Miller will also delve into GT Biopharma's TriKE® platform, which has developed a robust pipeline of NK cell engagers, and explain how these engagers fit within the larger therapeutic framework. Meanwhile, Dr. Juckett will discuss GT Biopharma's upcoming Phase 1 trial, set to begin in Q4, which will evaluate GTB-3650 monotherapy for the treatment of acute myeloid leukemia (AML). Additionally, the company announced that Dr. Miller, who serves as GT Biopharma's Consulting Senior Medical Director, will participate in a panel on innovative therapies for AML and myelodysplastic syndrome (MDS) at the 3rd Annual ROTH Healthcare Opportunities Conference on October 9, 2024, in New York, NY. Company management will also be conducting 1x1 meetings during the event. As we await further updates, we’ll be closely monitoring for increased volume and a potential resistance break between $2.20 and $2.25.

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Onfolio Holdings Inc. (NASDAQ: ONFO) - Onfolio Holdings Inc. shares finished last week’s trading session at $1.09, up nearly 3%. This month, the company announced that it has signed an asset purchase agreement to acquire a majority interest in the assets of Eastern Standard LLC, with the acquisition expected to close on October 1, 2024. The agreement includes standard representations, warranties, and covenants, with the closing subject to customary conditions. "Eastern Standard is a great business with a strong leadership team and marks another exciting acquisition for us," said Onfolio CEO Dominic Wells. "Like Revenuezen, Eastern Standard is not just a standalone entity but a platform we can leverage for further acquisitions, aimed at both organic and inorganic growth." Wells added, "As we expand the agency side of our portfolio, we are improving the quality of businesses we own and enhancing our capabilities to serve clients while cross-promoting services." He also noted that Onfolio has additional acquisitions lined up, similar to the DDS Rank and Eastern Standard deals, and expects to have sufficient capital through its special purpose vehicle program's non-dilutive funding. "This acquisition will contribute to our goal of reaching profitability," Wells concluded. As we await more updates, we’ll be keeping an eye on a potential resistance break at $1.15.

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Golden Heaven Group Holdings Ltd. (NASDAQ: GDHG) - Golden Heaven Group Holdings Ltd. shares closed last week down over 4%, ending at $2.81. Last month, the company announced it had secured land use rights for a 26,000-square-meter plot located in the Yunhe Sanwan Scenic Spot in Yangzhou, Jiangsu Province, China. The rights were granted on August 16, 2024, by Yangzhou Lemandi Tourism Development and Investment Co., Ltd. The company plans to develop a new recreation and amusement complex on this site, with operations expected to begin in October 2024. The plot is strategically located within the Yunhe Sanwan Scenic Spot, near the Beijing-Hangzhou Grand Canal—the longest man-made waterway in the world. This prime location offers significant growth potential, as it is a popular tourist destination with substantial foot traffic. The company aims to leverage this by introducing new, innovative amusement rides, enhancing the park’s overall appeal and market competitiveness. CEOand Chairman Jin Xu expressed excitement over acquiring the land, stating, "We are delighted to have obtained the land use rights for this prime location in the Yunhe Sanwan Scenic Spot. With its beautiful surroundings and high visitor traffic, it is an ideal destination for tourists, families, and young couples. Our vision is to create an amusement park that blends entertainment with a rich cultural experience." As we await further updates, we’ll be monitoring for a potential resistance break at $3.05, supported by increased trading volume.

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