Starting something new is an awkward occurrence mainly because humans are creatures of habit and anything that deviates from what we know is considered to be strange or scary. It is for this reason, among many, that a majority of people remain in the towns and cities they were born in because of a fear of the unknown. I understand where these people are coming from. There’s a significant amount of comfort in doing what one has always done. Taking that into consideration, there’s a world we can visit if we go outside. Ask anyone who’s traveled and they’ll regale you with stories of places around the world that look as if they are other-worldly. I know changing habits and surrounding can be incredibly nerve-wracking but in the end, there’s no comfort in change, but there’s no change in doing what’s solely comfortable. We owe it to ourselves to try something new.
Well, what are you waiting for? Here’s what you missed in the news yesterday.
The Age Of Our Presidents
According to a recent study conducted by the National Institute of Health, abilities “such as conceptual reasoning, memory, and processing speed, decline gradually over time.” Per the data from the study, somewhere between 16 percent and 23 percent of Americans over 65 experience some level of cognitive impairment. In a separate study from the Mayo Clinic, research demonstrated that “concept formation, abstraction, and mental flexibility decline with age, especially after age 70, as older adults tend to think more concretely than younger adults.”
As these findings relate to our current septuagenarian presidential candidates, Joe Biden has unfortunately been in the media spotlight over the course of the last few weeks for his physical interactions with two women at campaign rallies in the past. On two separate occasions, Biden was accused of making women feel physically uncomfortable. In one instance, he kissed Lucy Flores, a former Nevada assemblywoman and 2014 lieutenant governor candidate, on the forehead. When asked why he did this, Biden explained that, at the time, he was acting in a grandfatherly way and meant nothing by it. Having said that, he went onto explain that “social norms have begun to change. They’ve shifted. And the boundaries of protecting personal space have been reset. And I get it. I get it…”
“Neither then, nor in the years since, did he (Biden) or the staff at the time have any inkling that Ms. Flores had been at any time uncomfortable nor do they recall what she describes.”
–Bill Russo, spokesperson for Joe Biden
Aunt Becky, No!
Whatever happened to predictability? The milk man, the paperboy, Aunt Becky’s guilty plea? Yes, we’re speaking about the ongoing college admissions scandal where a handful of wealthy parents paid people off to get their children admitted into elite universities across the country. One parent, Lori Laughlin, famously known for her role in the television program, “Full House,” is being accused of conspiring with a college consultant to pay upwards of $500,000 in bribes to get their daughter into the University of Southern California, according to the New York Times.
According to recent reports, the Hallmark Channel said that it will no longer be featuring Ms. Loughlin in any of their programming because of her involvement in the scandal.
Biotech Stocks To Watch In June: Cara Therapeutics (CARA) & Intellia Therapeutics (NTLA)
Among biotech companies, the competition between Cara Therapeutics Inc (CARA) and Intellia Therapeutics Inc (NTLA) has been an intriguing one. The two companies had been on the same level as far as the market cap goes during most of the year so far.
But Cara has now pulled ahead by as much as $150 million following positive data from its lead product candidate. That being said, it is also important to keep in mind that if an investor is looking at a long term investment, then the disparity in market cap between the two companies is a minor. Here’s a look at the pros and cons of Cara and Intellia.
Cara Therapeutics (CARA)
Cara Therapeutics is currently on the rise. Its lead product candidate Korsuva injection delivered highly encouraging results in its Phase 3 trial. It’s now believed that it would not be long before Cara has its first product on the market.
It is meant for the treatment of moderate-to-severe chronic kidney disease-associated pruritus. According to reports, the results were great. Another late-stage test is going to be conducted soon. The results could be announced by the end of this year. If Korsuve is approved, then it will be marketed by Fresenius Medical Care and Vifor Pharma Group.
Cara has entered joint ventures with those companies to market the product in the United States, Japan, and South Korea. An oral version of Korsuva is also in the pipeline and could prove to be another important development.
Intellia Therapeutics (NTLA)
Intellia Therapeutics (INTA) is involved in creating CRISPR gene editing therapies. It is a segment that has a lot of promise in the future. Even though the company is some years away from having anything on the market, the promise of gene editing therapy is exciting. So much so that Intellia has already found partners in big-ticket firms like Regeneron and Novartis.
Intellia is expected to file for FDA approval for the clinical study into its lead product NLTA-2001 in 2020. It is meant for the treatment of transthyretin amyloidosis, an uncommon genetic disease. Studies into the products have proven to be promising so far. The company is also working on a product to treat myeloid leukemia.
Now when it comes to choosing between Cara and Intellia, experts believe that the former could a better company. It’s already on the verge of having an approved product on the market. Intellia, on the other hand, is likely to be some years away from winning approval.
4 Security Penny Stocks To Watch
As Threats Arise, Security Stocks Take Center Stage In 2019
With the Federal Reserve’s meeting coming, the general market is bracing for anything. Meanwhile, penny stocks are continuing to climb at absurd rates. Trading penny stocks as of late has brought many investors fruitful profits and they look to continue this trend. Here are some security penny stocks to watch for the remainder of June 2019:
Security Penny Stock #1
Liberty Defense Holdings (SCAN.V)
Market Cap: $46.404M
Liberty Defense Holdings Ltd. (SCAN.V) is a security company looking to take the industry into the next century. Liberty’s HEXWAVE product is a 3-dimensional scanning device that can detect weapons and threats of any kind. The product can do this both with speed and discretion ensuring privacy for citizens.
Liberty signed a Memorandum of Understanding with the soccer team FC Bayern München to beta test HEXWAVE in their arena. They join an ever-growing list of places that have signed MOU’s to beta test Liberty’s product. This MOU expands its ability to comply with and test the market requirements for their product internationally.
“The reception to our HEXWAVE product has been fantastic and we are excited about working alongside FC Bayern Munich, a team that is a household name in both Europe and North America, […] Our ability to deploy in both indoor and outdoor settings, with covert and overt applications, sets us apart and has also been driving increasing interest from the market.”Bill Riker, CEO of Liberty
Security Penny Stock #2
Magal Security Systems (MAGS)
Market Cap: $101.371M
Magal Security Systems Ltd. (MAGS) provides security solutions both online and physical. Some services provided include identifying potential security problems, integrating new systems, and custom designs for any type of security needs.
Recently, Magal received a $5.5 million contract for its advanced perimeter intrusion detection system. The system prevents people from illegally crossing border fences and walls.
Dror Sharon, CEO of Magal, stated, “Magal is a world leader in perimeter intrusion technologies. Our growing wins of orders such as this – providing sensors for active international borders, is due to the decades of experience that we have in providing systems that have more than proven themselves in-the-field.”
Security Penny Stock #3
Rekor Systems (REKR)
Market Cap: $27.502M
Rekor Systems Inc. (REKR) is a company that has developed surveillance technology to enhance public safety, banking, and traffic management. Primarily, the company takes their advanced software, which utilizes machine learning and upgrades IP cameras to the next level. This reduces the cost when collecting highway tolls and helps manage traffic congestion.
Throughout June, Rekor Systems has been gaining recognition and application across the US. On June 3rd Rekor obtained a contract to start deploying its Mobile LBR-2 vehicle recognition systems. After this deployment on the 3rd, the LPR-2 system North Carolina law enforcement placed an order. On June 12th, Colorado highway authorities chose Rekor’s cloud system called NUMERUS to read enhance their license plate reading.
Security Penny Stock #4
BIO-key International (BKYI)
Market Cap: $18.03M
BIO-key International Inc. (BKYI) is a security technologies company that is pushing past the limits of fingerprint scanning. BIO-key provides a plethora of finger scanning products that provide security for your computer, hard drive, and the government. They have a partnership with Microsoft to develop biometric sign-in for Windows 10.
The company recently announced that a foreign defense ministry ordered more BIO-key deployment for secure access to Microsoft applications.
“We were delighted that such a capable and prestigious technology team determined that BIO-key met their security and scalability requirements and have now made follow-on investments to grow their user base. Defense Ministries are constant targets of cyber-attacks, and we are glad to help them step up authentication to the highest assurance with NIST-verified accuracy and FIPS compliance.”Jim Sullivan, SVP of BIO
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