Market Talk 
In spite of yesterday's tax hike warning on capital gains, the market mostly shrugged it off. Bitcoin seems to have taken a hit and the sell off on crypto mining stocks is a conundrum, but watching it gets to be like looking at a train wreck and trying to predict when it turns will feel like driving into the fog. Talk of more government regulation on Crypto may be contributing to the recent fade.
Meanwhile , in another stock I was once keen on but had to let go awhile ago, Inovio, had a setback today. The DoD pulled financing on a planned Phase 3 trial of the C19 vaccine INO4800. It was not because it is bad vaccine. In fact, I still believe it may be the best vaccine. But the wonderful jugheads in the FDA stalled it on device questions before allowing the phase 2 trial. By the time Inovio proceeded, their chosen mRNA vaccines had gotten too far ahead. I believe the system was rigged against small Bio Inovio. But no matter, the INO stock is down to a lower single digit. Point is -- sometimes , it's best to objectively assess your position and just bail out even when your heart say's it is the right one. Recall one of my "sayings" - The market has no soul and has no heart.
- NEOV
- NNOMF
The first, Neovolta, is actively manufacturing batteries for home solar applications. Based in California and uses sources in China for materials. I have noticed that sales seem to be picking up with their batteries built using Lithium Iron Phosphate which they report to be fire safer and longer-lasting than competitors. The share price has been floating in the 5's for awhile and it's been under the radar of most it seems.
The second stock, NanoOne Materials, a Canadian research company listed on the Vancouver exchange and trades as NNOMF on pink sheets. NanoOne has a patented one step process for manufacture of Cathodes to be used in Li-ion batteries. Tests have been conducted at the University of Michigan and the results were reported favorable. The company recently made a deal for $28.9 Million to finance a pilot plant in Canada.
I currently hold 200 shares of NNOMF and have been holding them awhile. But in my view, it'sa speculative hold to wait and see if their cathode process gains traction for deployment into Li ion batteries for electric vehicles. The cathode that NanoOne manufactures may have advantage in reducing the dendrite effect that wears down current Li-ion batteries and can make them dangerous fire hazards.
In closing, these two stocks have not been barn burners as far as share price movement - and do not seem to have much following. But I am watching them on the back burner so to speak because they could start to capture interest on any of several possible catalysts. That said, they are spec stocks and I use the word just "some" , maybe a little some - and then forget about it for awhile.
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All in my humble opinion, scroll down and read more..
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