Alpine 4 Holdings Inc (ALPP)

[Golden Cross]

Penny Stock to Watch: ALPP

Link:
https://insiderfinancial.com/4-penny-stocks-to-watch-alpp-bbig-gfai-sbev/182906/

Alpine 4 Holdings, Inc hasn’t been doing well even as the company got uplisted from OTCQB to NASDAQ. Nevertheless, as we usually preach, this may be the right time to buy the dip, especially when it has a healthy balance sheet. At the time of writing, the stock is trading near $1.51, the lowest level since the end of 2020.

Despite the multi-month bearish trend that started in February following ALPP’s peak at over $9, the stock has actually been a great success for our subscribers. We first paid attention to ALPP in February 2020, when the share price was just $.075 a share.

ALPP owns and acquires businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. It offers electronic contract manufacturing solutions in the US.

The company also provides automotive technologies, including:

6thSense Auto – a connected car technology that provides various advantages to management, sales, finance, and service departments in the automotive dealership industry to enhance productivity, profitability, and customer retention.
BrakeActive – a safety device that enhances vehicle’s third brake light’s ability to reduce or prevent a rear end collision.
ALPP also provides fabricated metal parts, assemblies, and sub-assemblies to original equipment manufacturers. It also designs, fabricates, and installs dust collectors, commercial ductwork, kitchen hoods, industrial ventilation systems, machine guards, architectural work, water furnaces, and others, as well as specialized spiral ductwork.

Last year, the company developed its blockchain-enabled Enterprise Business Operating System called SPECTRUMebos.

On top of that, ALPP’s subsidiary Vayu, Inc is developing aircraft, conducts research, tests markets, and builds relationships with early adopters, suppliers, and regulatory authorities around the globe.

In a recent update from CEO Kent Wilson, he said that the 2021 accomplishments were clearly visible. The company is now projecting revenue in excess of $100 million for 2022 without any additional acquisitions, which is pretty significant for a company with a market cap under $300 million as of today.

ALPP is also making advancements on many fronts ranging from high-tech graphene-enhanced lithium batteries to advancements in commercial UAVs with Vayu’s G1 and the ongoing development of the US-2, with more details to come soon.

The CEO asked for patients and expressed his confidence in the company despite the current bearishness.


He said:

“Please try to ignore the drama on social media platforms. They are a horrible place to seek investment advice, as many commentators on those sites have an agenda, and those agendas, generally, do not benefit you or the company. Alpine 4 has had considerable accomplishments in the past eight years since its founding, as we strive to create positive change in the world we live in. Unfortunately, the market we operate in i.e., the stock market, doesn’t always reflect those accomplishments.”

The price will definitely find a bottom sooner than later, and you better hoard the stock at this low price before a major update triggers another rally.