got a pump in my email just now
Greetings, Trader!
If B Green Innovations Inc. (BGNN) is any indication, selling recycled plastic is one of the most exhilarating corners of the market right now.
The team knows how to read the earmarks of a stock on the move for one simple reason: few things beat surfing the wave to glory!
BGNN’s chart has been practically nothing but that kind of “cowabunga” over the last month, and I see no sign of the action slowing today:
BGNN-new.png
How volatile is BGNN? Normally I circle the 2-digit money-making swings. Today the scattered circles are the DULL days!
Count up the sessions BGNN did NOT give traders a shot at 10% to 150% last month and you come up with a whopping FIVE.
Everything else was big! And with the volume trending up from zero to well above 100,000 shares, there’s finally muscle in this game too!
•BGNN has been quietly selling some recycled plastic products for a few years now, but as of last month they’re getting SERIOUS about buying their way up the food chain! (Read more)
•The press release seemed vague with its talk about “acquisition and development” but BGNN thought it could accelerate sales growth that’s already above 200% a year so few traders complained!
•Last week, BGNN followed through by adding a high-temperature “sock pocket” product to the line -- it keeps socks together so you avoid orphans. And then yesterday, here come new recycled ice packs!
•Unlike a lot of “hypothetical” start-ups, BGNN already takes in plenty of revenue -- half its market cap last quarter! Recycled acoustic panels and washing machine mats aren’t fancy but cash is cash!
Bottom Line: BGNN has proved it can turn old tires into biodegradable materials and now it wants more of the 100 BILLION pound plastic pie! (Read more)
Maybe doubling the product line doubles this $0.25 company’s shots on that massive market goal. Could be more, could be less!
But what I do know is that it won’t take a huge win in the plastic market to tilt BGNN’s fundamentals from their current “ground floor” position.
This is a management team that’s already tripling quarterly sales year over year. How much do you think the new strategy will do for them?
Based on the big leaps on the volume front, I get the feeling traders are betting on great things here for BGNN ramping up day by day!
Refresh that chart now and be ready for anything. If the action is anything like what we’ve seen lately, BGNN has only begun to feed the bulls.
Sincerely,
Michael Reef
yourstockguy@gmail.com
AI
