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Thursday, May 06, 2021 8:35:42 AM
May 5, 2021
https://insiderfinancial.com/penny-stocks-to-watch-cbbt-grst-sysx-wnbd/181399/
Hopefully their coverage of GRST will help support gains going into the earnings call straight ahead.
First, they say GRST is presently trading at a 35% Discount off its March 1st 2021 High that represented a 6,000% gain, and they imply if there ever was a time to invest in Microcaps that time is now, and I couldn't agree more BUT with caution and being highly selective as with this play.
Personally, I marveled at the opportunity to open a position in GRST for the very reason they stated relative to the discounted PPS, combined with extensive DD.
I see it as a "once in a lifetime opportunity" for any OTC play due to this company's: 1). Highly experienced CEO with a proven track record that extends to his "big business" family background; 2). Solid Business Plan; 3). High demand health care Sector critical to people's survival; 4). 50% owned by Insiders.
In light of this, I believe GRST is the "safest" play on the OTC with the greatest UPSIDE potential, especially at its current pps factored in, i.e. essentially a "re-setting" of the gain" from March 1st which I view as a "gift."
Other key take away's of the article:
"While penny stocks and small caps have pulled back due to many fears, you must look at the Big Picture as an investor."
What type of companies do you think will benefit the most from a loose monetary policy and the government’s spending splurge?
It’s the micro-caps!
Out of all cap sizes, micro-caps have surged the most since November. But, because of recent pullbacks, we could be at a mouth-watering entry point right now.
Look at the iShares Russell 2000 ETF (IWM), for example. It’s barely off its all-time high and has skyrocketed by almost 55% in the last 200-days.
But how about the iShares Microcap ETF (IWC) which is the largest ETF in the world tracking penny stocks? It outperformed the IWM in that same time frame by almost 10%."
An eye opening perspective to say the least by Insider Financial who very clearly is projecting a "Bullish Microcap Market" sentiment as their "Big Picture" take!
Would like to get the take on what others here think about this.
Thanks-
Be well and prosper...
Recent GRST News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2024 10:19:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/29/2024 07:59:41 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:46:15 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 07:23:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/29/2024 05:40:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/29/2024 05:39:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/12/2024 09:25:38 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 06/11/2024 06:20:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 02:47:46 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/31/2024 08:27:28 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/07/2024 08:16:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 09:45:09 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 12/22/2023 09:04:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:55:26 PM
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