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Sunday, May 2, 2021
A Penny Stock for Your Thoughts
This Great Opportunity Just Hit My Radar And It Couldn't Be Left Out!
Hey Trader,
Hot off the presses: There's a new buy alert in an unlikely place.
At least unlikely for me.
If you've been around here awhile, you know I'm not the biggest fan of penny stocks.
It's nothing personal.
It's just that I'll always be an analyst first, and investor second.
And analysts live and breathe information.
… Something that penny stocks don't have a wealth of.
But a certain penny stock recently hit my radar that couldn't be denied.
Last week, the company completed a secondary stock offering.
Not only did all of the shares sell, but the underwriter exercised in full its over-allotment option to purchase additional shares.
In other words, they like the stock and want as much as they can get their hands on.
The proceeds were used to pay off millions in outstanding debt under its existing revolving credit loan.
So this company's balance sheet is healthy, and the firm is in a much better position financially.
Coupled with the fact that the CEO, CFO, and a high-level director all made large purchases in their personal accounts immediately after the stock offering was announced, there's a very good chance that this penny stock is about to take off.
If you want this hot ticker and the rest of the details, click below to learn how to get access right now…
So you can be in position to jump in at tomorrow's opening bell.
Market Traders Daily Director of Client Services 888-228-2376
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