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Good Evening Traders!
Without Further Ado: Tomorrow’s Monster Bounce Beast is JKDG.
As we move through August – always a somewhat slow and quiet month – we have a chance to push the total available returns on alerts for the month into triple digit territory.
Our new alert is an e-commerce player with huge reach, a growing stable of partners, and an amazing twist that puts into the fold of the fastest growing market on planet Earth.
Check it out!
Symbol: JKDG Company: JunkieDog.com, Inc. Quote: http://finance.yahoo.com/q?s=JKDG Latest News: http://finance.yahoo.com/q/h?s=JKDG+Headlines Company Website: http://www.junkiedog.com
New Trade Alert: JunkieDog.com, Inc. (OTCMKTS: JKDG)
JKDG is an e-commerce player beginning to catch on and prove once again how desperate things are soon going to be to brick and mortar retailers. But that’s not what really excites us here.
Sure, JKDG has “relationships and working agreements in North America and abroad which include manufacturers and major big box retailers that allow JunkieDog.com to have a strong advantage over competitors”. We don’t doubt that for an instant.
Is that going to lead to topline growth? Certainly.
In fact, the company has an incredible level of traction in the space, with an impressive line-up of brands and products (brands such as Gucci, Steve Madden, Michael Kors, Kate Spade, Kenneth Cole, Coach, Sperry Top-Sider, Birkenstock, Jessica Simpson, Baby Phat, Calvin Klien, FRYE, Nine West). They even just recently announced a new partnership with a consulting firm to help press the pedal to the metal on sales of each.
That’s fan-freakin-tastic. Really it is. But even that isn’t the real reason we’re pumped about JKDG.
JunkieDog.com Introduces New Cannabis Industry Product Line
That’s it. E-commerce in the Mary Jane market. That’s a combination that’s just starting its ascent, which is sky-high you can be certain.
“In 2014, the cannabis industry expanded 74% to reach $2.7 bln, making it the fastest growing industry in the United States according to a report by ArcView Market Research. Last year the industry saw 19 states voting on new cannabis regulations varying from legal adult use to limited distribution of cannabidiol products. The first time adult use sales in Colorado and Washington represented $230 mln in new sales alone. ArcView expects the market to grow another $252 mln in 2015 and projects another 14 states to pass the adult use legislation by 2020 making this market one of the most explosive new industries in the country.”
According to a recent Washington Post report, legal cannabis could be a $35B industry by 2020. That would make it competitive with the newspaper and sweets industries in the US already. Even more impressive, the growth from here to there is roughly 2,187% growth in just a half decade, making legal cannabis easily by far and away the fastest growing major industry in the US over the next 5 years.
Now consider this fact: The stock has a float of barely 4mm shares (ridiculously tiny) and just triggered an RSI score under 35!
This is an extremely rare and explosive combination of technical factors that strongly augurs a major snap-back squeeze higher.
About JKDG
JKDG (JunkieDog.com, Inc.) is an online e-commerce marketplace that specialize in manufacturing, product sourcing and global distribution of a wide variety of products ranging from women's shoes, Hanes products, pet carriers, exercise pens, hydroponic supplies, heat presses, paper supplies and more.
JKDG offers a range of products and distributes across various distribution channels, including retail e-commerce, wholesale, liquidation, and bulk sales of liquidated merchandise. JKDG was founded in 2009 and is based in Mooresville, North Carolina.
What You Need To Know:
• JKDG has a tiny trading float (just over 4mm shares), which suggests the potential for an explosive squeeze on any influx of interest.
• JKDG is coming off a recent RSI trough bottom of under 34, suggesting a major capitulatory low is now in place for the stock.
• JKDG is an e-tailing juggernaut just moving into the fastest growing market on planet Earth: Marijuana.
For all of these reasons, we are now pounding the table on JKDG. Good luck and Enjoy the Ride!
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Stephen Gray Value Penny Stocks
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