Get ready those champagne bottles lol!
Our New Pick is XUII
Hi Everyone,
We understand that many of you may not feel amazing at the moment but you will be. Let's take a look at the reasons why. As you know after our initial feature 2 months ago, XUII hit a high of 45 cents and then retracted all the way down to 20 cents before slowly climbing back up and reaching its new high of 75 cents last week.
Now we are on what we call the "2nd round". XUII is about 50% lower than its new high and will now begin to go up again until it breaks 75 cents and goes to $1.50 from there at a fast pace. From that point there could be a small temporary retraction but it is expected that it will continue its ascent past $3 during the month of August.
Our affiliates are still holding millions of shares they bought in the past few weeks. They are holding them until at least $1.50, if not more. If our affiliates are showing strong resilience by holding and buying we believe it's only logical that our members should do the same.
We get it. We know that it's not easy to see your portfolio swing down but as mentioned those who will prosper the most are those who can see through the blue skies potential through a panic. Think of the crash of 08. While all stocks were going down many smart investors were buying the cheapies and many of them made 10x + on their money within a short period of time.
We urge our members to remain calm and composed. Keep holding until you get the price that you are looking for. We think that you shouldn't settle for anything less than a 1.50 because we have been featuring this pick for so long and you have been sticking with it for so long as well. It only makes sense that you should reap large profits before we profile a new pick.
We don't want to bore you with any more short position talk but it is still in play and some time in the next few days or weeks they will have to buy back over 50 million shares that they are short and this will catapult XUII to new highs.
What happened last week when it went to 75 cents was only a small preview of what a (mini) short squeeze can actually do. Now imagine something like that again but 10 times bigger and stronger.
In the meantime XUII continues to sign new artists and come up with new developments for its platform. It is increasing its value every single day and becoming a target for potential acquisition by large tech companies like Google, Yahoo or Microsoft. Google has been buying on average 1 company per week since it went public. Could XUII be next?
Happy Trading,
The InsidersLab.com Team
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