That SpeakEasy is gunning today - here's why

You are receiving this email because you signed up to receive True Market Insider. Keep the emails you value from falling into your spam folder. Whitelist True Market Insider.
Forgot your login information? Click here.


Dear True Market Insider Reader,

Costas

I have a position that you really need to know about, right now.

Sorry this comes after the market closed but it seems to be running into price resistance here, which is good for those who want in.

Hopefully tomorrow it doesn't pop right away. 

I'll explain...


In November I told you about a stock that was tackling an epidemic in your own backyard.

I named the presentation "Backyard Epidemic".


I said the Trump administration was behind the effort and would probably get even more involved.

Tuens out I was right, as we saw a week or two ago, when Trump said he'd donate his paycheck to fight this epidemic.

I eventually called it a "SpeakEasy stock" because so many powerful investors were not allowed to buy it yet, but they wanted to.

They weren't part of "the cool kid club" yet.

The great thing about these types of stocks is individual investors CAN buy them...

...BEFORE the big players dive in.

I said they would get clearance to buy it soon and then I told you that it did happen - they got the clearance.

The stock jumped and the call option gained 5X its value within 24 hours after I brought it to you but have no fear... 

... Because then the stock price pulled back.

People emailed in asking about this GIFT.

Then, I called Bill Spencer to get on a "Just Because" live web event where we said it's a great time to buy it.

Today the stock gained 28% at its high and its up 20% now on MASSIVE volume.

Well, it's only 1.5 million shares traded today, which is relatively low when compared to many stocks.  But it's 5X its average volume.

I still love the stock and I'm telling you this because I know a lot of people are now focused on it.

Zynex Announced 129% order growth and increased revenue and they adjusted earnings estimates higher from $2.3million to a range of $3.6 million - $4.1 million.

I told you they had the tough part of their growth done and only had to hire more people to sell their products. 

Year over year quarterly earnings have been accelerating for three quarters.


Anyway, you should look at this chart.

 

   

The stock is pushing up against a downtrend line.


Technically, this is an important level to break above.

If we close above this line, significantly, then it's a very strong sign that the stock will probably quickly pop much higher. 


If it can't close significantly above it, then still - the stock will likely push much higher in the long-term (one day being a triple digit stock).  It's at $10.20 right now.

And it's trying to maintain above the line. 

Here's the intraday chart:

 

      

I just wanted to give you this heads up.

So many of our readers have been writing in asking about it and I think it's a great position for new investors.

If you're not it, nows a good time.  I say this because of the price volume action we've seen today and because institutions are buying more.


Last quarterly report showed 130 funds own this stock (as of December 2019).

In March only 2 funds owned it. That's not a typo... TWO.

Now that it's been trading above $10.00 and seems to want to stay above $10.00, many more funds who weren't legally allowed to buy it are now allowed to come in and buy.

This should be bought.

And, by the way, I told you exactly how I found this stock.

I told you how I knew institutions were buying the heck out of both the stock and the sector. 

I got it from Sector Prophets Pro.

If you want to see the presentation (I got a lot of compliments on it) and have a chance to get in, we will open it back up. 

You don't want to just buy "the golden egg". 

Learn about the goose that lays them, here.


Sincerely,
ChrisSigFile

Chris Rowe
Founder, True Market Insider

Copyright © 2020 True Market Insiders, All rights reserved.

Our mailing address is:
33 SE 8th St, Boca Raton, FL 33432

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list
 
DISCLAIMER

The information contained herein has been prepared without regard to any particular investor's investment objectives, financial situation, and needs.  Accordingly, investors should not act on any recommendation (express or implied) or information in this material without obtaining specific advice from their financial advisors and should not rely on information herein as the primary basis for their investment decisions. True Market Insiders LLC is not an investment advisor and is not licensed to give specific financial advice.   The chairman of True Market Insiders, Chris Rowe, is also the CEO, CIO and owner of Rowe Wealth Management LLC, which is not owned by and is not the owner of True Market Insiders.

Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources believed to be reliable ("information providers").  However, such information has not been verified by True Market Insiders or the information provider and TMM and the information providers make no representations or warranties or take any responsibility as to the accuracy or completeness of any recommendation or information contained herein.  TMM and the information provider accept no liability to the recipient whatsoever whether in contract, in tort, for negligence, or otherwise for any direct, indirect, consequential, or special loss of any kind arising out of the use of this document or its contents or of the recipient relying on any such recommendation or information (except insofar as any statutory liability cannot be excluded).  Any statements nonfactual in nature constitute only current opinions, which are subject to change without notice.  Neither the information nor any opinion expressed shall constitute an offer to sell or a solicitation or an offer to buy any securities, commodities or exchange traded products.  This document does not purport to be complete description of the securities or commodities, markets or developments to which reference is made.  

Unless otherwise stated, performance numbers are based on pure price returns, not inclusive of dividends, fees, or other expenses.  Past performance is not indicative of future results.  Potential for profits is accompanied by possibility of loss.    You should consider this strategy's investment objectives, risks, charges and expenses before investing.  The examples and information presented do not take into consideration commissions, tax implications, or other transaction costs.  
 
The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy.

Some performance information presented is the result of back-tested performance.  Back-tested performance is hypothetical (it does not reflect trading in actual accounts) and is provided for informational purposes to illustrate the effects of the True Market Insiders LLC strategy during a specific period.  The relative strength strategy is NOT a guarantee.  There may be times where all investments and strategies are unfavorable and depreciate in value.  Relative Strength is a measure of price momentum based on historical price activity.  Relative Strength is not predictive and there is no assurance that forecasts based on relative strength can be relied upon.
 
Back-tested performance results have certain limitations.  Such results do not represent the impact of material economic and market factors might have on an investor's decision making process if the investors were actually managing money.  Back-testing performance also differs from actual performance because it is achieved through retroactive application of a model investment methodology designed with the benefit of hindsight.  True Market Insiders believes the data used in the testing to be from credible, reliable sources, however; True Market Insiders makes no representation or warranties of any kind as to the accuracy of such data.  All available data representing the full platform of investment options is used for testing purposes.

Copyright © 2020 True Market Insiders, All rights reserved.

No comments:

Post a Comment