Looking For Long Runway Here
Get Ready Traders!
I was searching for the right follow-up on my last two FIREBALL alerts (40% to 100%) when BTCS Inc. (BTCS) popped up on my screen.
BTCS used to stand for “bitcoin” and this 9-cent company still does its share of “mining” for digital currency — literally a license to print e-money!
But as the bit-craze settled down BTCS found other businesses farther up the crypto food chain: transaction processing, account validation, etc.
Yeah, they still have that license to print digital cash! They actually generate plenty of bitcoins! But now BTCS is something bigger!
Right now, of course, it’s currently a $0.09 stock. That’s what I call an opportunity, especially if the chart turns like I hope:
Long months of pain there broken up with some spectacular rallies. Welcome to the post-correction world, BTCS.
But what I like is the way the action has started to narrow down to a fairly sharp point. The long base might be $0.08, so we’re near that bottom.
The short-term top, meanwhile, has come down to right where we are around $0.09 so there’s barely 1 penny wiggle room between them!
That’s a breakout opportunity and the Posse knows the routine by now: break above, we have a new floor and BTCS can start getting REVENGE.
The Commander’s Bullet Points on BTCS
The technology is complicated but it really boils down to making sure bitcoins that are already in the system line up to their known buyer and seller history. BTCS punches a ticket on that business.
The ticket added up to above $500,000 last year, which is pretty darn good when you remember that BTCS is still in the start-up zone. And it’s insanely high-margin stuff: gross was above 40% last year!
BTCS has been merging with an Israeli computer manufacturer so it can get efficiency and more powerful gear on its side. The specs are Greek to me but it’s a lot more than some kid in the basement!
Deep pocket investors just ponied up over $1 million to smooth that merger. Conversion terms let them a BTCS position at a now-lofty $0.30. What do they know that we can’t see yet?
Bottom Line: Management is gung ho here. The merger gives them a fresh new outlook and they’re spinning up fast.
Little bit of trivia, insiders control 58 million shares and have promised not to lighten their stake before next February 5.
That means they put their wallet where their mouth is! And in the here and now, the float is going to be on the “narrow” side!
Sure 58 million shares times $0.09 isn’t exactly Goldman Sachs IPO territory. But I think they have their eyes on a bigger prize.
Their investors got terms that pondered BTCS all the way up to $0.30. I doubt we hit that tomorrow but it’s nice to dream!
For us, even a little hop could be worth the time. And if that chart is truly turning, we could see a whole lot of action play out day after day.
That’s what I want to see! Now go do your homework and we’ll meet back here in the morning.
Happy, Happy, Happy Trading!
Listen pal there’s a lot of legal stuff you need to know so grab a cup of coffee and read this in its entirety. The content of this e-mail is paid advertising not a recommendation nor an offer to buy or sell securities. .com as well as this newsletter (hereafter called “SC”) is an information and marketing firm wholly owned by Third Coast Media, LLC and is not a financial analyst, investment adviser or broker/dealer. SC is in the business of marketing and advertising companies to generate exposure of them by sending alerts to our subscribers for monetary compensation. Third Coast Media, LLC has been compensated three thousand dollars from a non-controlling third party for BTCS advertising and promotional services. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only.
I am a simple man, and not a very smart one at that! Anyone viewing this newsletter should assume the hiring party or affiliates of the hiring party own shares of the company mentioned which they plan to liquidate, further understanding that the liquidation of those shares may or may not negatively impact the share price. Just a part of life, partner.
Like most things in life, investing in securities is highly speculative and carries a great deal of risk. It is not for an amateur or the faint of heart! You may lose your entire investment. If you cannot afford to lose your entire investment do NOT invest in securities. Maybe you should drink shirley temples and stuff your mattress with piles of green instead? Frequently, companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. We are advertisers, not investors or traders so you should never listen to anything we say.
We try to never make up information, though mistakes can occasionally happen. This report is based entirely upon information gathered from public information and third party websites and is sourced as much as possible. Although the information contained in this e-mail is believed to be reliable, we make no warranties as to the accuracy of the content of this e-mail, and expressly disclaim and accept no liability for how readers may choose to utilize the content of this e-mail.
Readers are strongly urged to independently verify all statements made in this advertisement and to perform their own due diligence on this or any other advertised company. You should go as far as to assume all information in our communications is incorrect until you personally verify the information, and again are encouraged to never invest just based on the information contained in our written communications. This report contains forwardlooking statements about the featured company within the meaning of the law.