Shorting is not my thing…
Personally, I’d rather guide my clients into the traditional means of investing via long positions in stocks, IPOs, ETN etc. – I believe that’s a safer methodology and trading philosophy.
However, every once in a while, something too good to pass up comes along. It’s rare, but every once in a while, I’ll send out a short alert. Perhaps it’s happened one time in the 11 years I’ve been an analyst.
However, today the shorts were out in full swing on a major name weed company…
The company is one of those up and comers and I believe it’s one of those companies you’ll hear about that made investors rich – something that has become the norm in the recently legalized marijuana market.
Now, I realize that because of its newness, the weed sector has been very volatile and in a lot of cases, people get caught – but on the other hand, more often than not – the right stocks have made investors millions… sometimes in as short a time as a single trading session.
So it’s DEFINITELY worth the small amount of risk…
And this particular company I’m talking about today is one that has already made a spectacular run earlier this year. This little gem went from $.01 all the way to $.30 per share… talk about major payday!
Now, the rocket ship has come back to earth, and recently the stock has been trading around $.08 to $.10 per share consistently. A far cry from its $.30 days – but still a LOT better than the $.01 it started at…
But, as of today though, the company experienced a big drop on short pressure, dropping from $.08 to $.05 for a 60% dip.
But here’s the thing, at $.05, this stock is VERY undervalued. So undervalued that I fully expect it to click back up to that $.08 recent pricing or higher…
Now $.03 is a major jump because it represents that 60% investors just lost – but for investors who get in now – it’s a 60% increase in value. Doing the math, what if you decided to put $2,000 in it tomorrow? Would a $1,600 profit be a nice 3-day win?
Of course it would…
Because of that, this position will be added to our Untapped Wealth Monthly newsletter recommendations and members can expect this recommendation tomorrow morning.
It’s just not sustainable at $.05 per share and investors know it.
While $.03 isn’t as big as we’ve seen this stock spike in the past – it’s a very impressive jump for investors who decide that now is the time to get into this company.
All we need is a few more states to take steps to legalize marijuana (which could happen in just a few short months!!) and BANG! We’ll see $.30 in no time flat.
If you’re interested in getting in on this company, please follow this link to our membership page – but hurry because if you wait till after tomorrow… it might just be too late!
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By Tim Fields
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