Good Morning Trader!
I am ready for an amazing week of trading, how about you?
Let’s get started with a tiny $.05 stock that I really think has a lot of potential this week for us right away. Big news, great business, and low price… it’s everything I am looking for!!
NightCulture Inc. (NGHT) is the perfect stock to spotlight as the whole country is getting into the party mood again as Christmas approaches.
NGHT is in the party business. Raves, glow sticks, strobe lights, beats per minute, all that lucrative nonsense that audiences love. (Read more)
Halloween is probably the biggest night of their year and I want you to know your way around NGHT before we see the final ticket numbers.
From the chart it looks like some traders with a similar brainstorm have already gotten the NGHT party started.
If you go back and look at the chart for the past couple of months, you can see that when traders start taking an interest in NGHT the stock can really take off!
We’re talking multiple chances at a 100% gain or more for traders in the past couple months!!
The Halloween buzz started up about a month ago, but NGHT really got moving when traders realized an all-out marketing blitz was underway.
If this little concert promoter was willing to advertise the “Something Wicked” show, Halloween itself started to look HUGE. (Read more)
After all, Halloween is when it all comes together on the party circuit and where a company like NGHT earns its bread for the rest of the year.
“Adults” spend $1 BILLION on costumes these days and another $4 BILLION on electronic music like what NGHT plays. (Read more)
Bloomberg had the scoop on the beats a few weeks back! (VIDEO)
Back in October, we saw the second-biggest retail day of the year and moved up to the big leagues in terms of party dollars years ago.
So as NGHT was gearing up for big “concerts” in Austin as well as Houston, it’s possible we could see this company deliver a little “upside surprise.”
Show after show after show has sold out in recent weeks -- sometimes at attendance levels 20% above last year!
Multiply thousands of costumed fans by high-dollar tickets and bar at these events, and NGHT stands to make “a bit of cash” by the next time they report earnings.
In fact, to get a taste of what kind of money we’re talking about, look at this snippet from a recent press release the Company issued:
“The festival hosted over 20,000 Electronic Dance Music enthusiasts, a 67% year over year increase in attendance. Tickets ranged from $49.00 to $149.00. NightCulture Inc. has a 50% interest in the festival.”
And the party looked INCREDIBLE! Just look at some of these photos:
http://somethingwickedfestival.com/photos/
Last year the Halloween quarter accounted for 44% of NGHT’s full-year revenue! Now you know why traders have been paying close attention!
Of course, the Halloween party is over now. NGHT had a massive hit now and this gives the Company a lot of options moving forward.
I am sure NGHT is thinking of ways to roll out even more events next year and capitalize on this growing trend for over-the-top parties.
The ticker is NGHT. The chart is right here. I think opportunity just rang our doorbells, kids! Got your big bowl ready?
It’s going to be an awesome week, now dig in!!
See you soon!
- InvestorSoup
