The “New Normal” is Developing and There is a New Disruptive Technology on the Horizon
New report coming tomorrow, Wednesday June 30th, 2021 at market open.
Good day everyone,
Over 640% in Bookable Gains for our Group so far in June
We want to pause and look at the five companies we reported on this month. Three offered brief short-term gains. All three JAN, JUPW and FDCT didn’t create as much sustained momentum as we anticipated. They are now trading awfully close to the price they were at when we reported on them. Please note* JAN has a large short position and was immediately beat down after an initial 35% run. We find this very suspect.
CTXR finally got some of the respect we felt it deserved delivering a near term gain of 68%. Today, two weeks later, CTXR remains at 41% above our alert price and is now at $3.82/share. We would like to note one analyst publishing a $6.00/share target price. CTXR may still have room to grow.
The monster report for June was ALF, alerted at $2.83/share. Interest in ALF had a nice steady build, generating modest gains initially. Today, ALF shares are at $17.10/share, a gain of 603%. ALF started with a low share structure, one of the features we liked in our report, and now they have announced a $2M share repurchase program.
We hope some of our members realized benefit from these June reports.
The economy feels strong, but different. Everywhere we go, be it a restaurant or retail store, it seems busy with a lot of customers. Staffing seems to be an issue everywhere with the debate over wages continuing and the desire by many workers to remain working from home or remotely. If the pandemic continues to wane, we believe those issues will work themselves out in a few months as part of the “new normal”.
The stock market indices are finally looking strong and are at lofty levels near they’re 52-week highs. We hope that trend continues, and some new record levels are just around the corner.
We want to issue a report on a tech company we’ve looked at before. We believe the company shares are oversold and there are some developments that have piqued our interest. The company’s existing technology is generating revenues and they are working on a new, disruptive technology that is viable enough to attract big named collaborators and investors.
Stay tuned and stay informed,
The Traders News Group
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