|The Impact of Russian Intervention in Ukraine and an OTC Company that Could Bounce to Triple Digit Gains Early this Week.
This week mirrors our schedule from last week. We are starting with a very tiny float OTC exchange traded stock that may very well out do the 73% one-day gains that our last one provided. This will be issued tomorrow, Monday 03/07/22 near market open. Next, later in the week, we will be issuing a tiny float, very exciting NASDAQ report.
Good day everyone and welcome to all of our new group members,
The stock market was red on Friday with the S&P 500 closing the week at 4,328 after showing some traction mid-week. The Fed is meeting on March 15-16. Chairman Powell said he will back a quarter point rate increase when the Fed meets, effectively putting to rest speculation that a post-pandemic round of rate hikes might be larger.
The list of companies stopping business in Russia is long and getting longer. It’s a huge diverse group; American Express, Apple, Nike, Goldman Sachs, DirectTV, GM, Disney, Harley-Davidson, Boeing, Mastercard, Visa, BlackRock, Warner Media, Dell, the NYSE, and Nasdaq. And that’s just a handful of big American names.
The Ukraine/Russia conflict is impacting oil prices as WTI Crude has gained to $115 per barrel. The U.S. imports 10% of its oil from Russia and the Biden administration is considering a ban on the Russian product. Keep an eye on some of the oil patch companies we have reported on recently, even the junior explorers.
We are Reporting on Another Commodities Related Security
Potential very near-term gains this week on an OTC company, which is new to our group. Like a lot of OTC companies, this one has the potential for triple digit near-term growth. In fact, if this company saw its value return to what it was a few months ago, the gain will be over 300%.
This impressive little company works in a rapidly growing sector and recent events at the company have been exciting. It’s looking like 2022 is going to be a breakout year for them and their stakeholders. With insiders holding over 20% of the outstanding shares one thing is certain. Any gains their investors realize, benefit them equally.
NOTE* If you do not or are unable to invest in OTC securities, stay tuned, we will be back with coverage on a very exciting, tiny float, NASDAQ listed company Thursday 03/10/22 at market open.
This new report will be issued tomorrow 03/07/22 near market open.
Stay tuned, stay safe, stay profitable and stay informed.
The Traders News Group