Savvy Trades and Investments

[hweb2]

Did grab some NXTD this morning. Premarket around $2.05 (oops) and shortly after the open. Then was traveling the rest of the day. Would have grabbed a lot more down around $1.80. Surprised the stock didn't perform better today. With such huge growth the past 3 quarters, a low float, and a Nasdaq at record highs...I thought NXTD might catch fire and shoot up to $3.

Will try to dig more into this one tonite. When I first read the PR, I thought Q1 may have included a large 1-time order from World Ventures. And maybe it did (only reason I could understand selling here). But the company also commented about continued improvement in their operating results during the remainder of 2017. Seems like the company is poised for nothing but growth. The bottom line is improving rapidly too. They've got a merger with Fit-Pay on the way. Need to look up the terms. Hopefully will add some revenues without costing them too much.

If nothing else, today's PR was a preliminary look at Q1. So we'll have an eye-popping comp coming up in less than 2 weeks. Think the stock will see another jump at that time. Hopefully a big jump. Stock was up over 30% this morning premarket.