The potential for this stock is sky high.
This trade alert is one you definitely do not want to miss. This stock has a beautiful trade pattern, produces explosive intraday gains, and the technicals for this stock are some of the best I've seen in a while.
Nexus Energy Services Inc. (OTCPINK: IBGR)
IBGR announced Tuesday, January 26, that the company is shifting focus back to oil. This is huge news because the timing for this couldn't have been better. This doesn't come as a surprise, however, since in 2015 the parent company merged with Nexus Energy Services, a mid-level provider of oil pipelines and equipment.
Why does this scream even more opportunity? Because when oil prices were plummeting everyone was running away from the space, but now that oil prices are rebounding everyone wants to come back to oil production. However, oil production is a very expensive industry to get into.
That's why IBGR is positioned to dish out profits immediately. They already have operational experience in the space and have now shifted back to their initial focus which is oil.
As I mentioned earlier, oil prices have already started to rebound and right now is the time to pick up shares of an already undervalued company's stock.
The sector has seen unprecedented growth in the last 10 years. Technological innovations have allowed more and more oil to pumped out at record rates!
IBGR has the means to supply various oil industries and it has the assets to do so!
Technical Analysis
First, you should know that as chart setups go, this one is piping hot. IBGR is trading with a well-balanced 39 RSI on the daily chart. For me this is a very good and shows in 4K quality why there is some buzz surrounding the play. Think huge bounce opportunity at this level.
IBGR also has a very open and clear path to its upside potential. You can see this by comparing the 50 DMA of .56 to the current valuation. At less than 10 cents a share you can move in on a play that could possibly yield up to 522% over the near-term.
Whatever you do, please don’t ignore IBGR’s upside. Some folks did that back in November, only to miss out on the explosion that delivered 114% intraday gains on the 24th. Those same suckers missed out again on January 4 when IBGR exploded [again] for 71%. Can you see the trend here?
When IBGR moves, it moves big so make sure you dive right in on this one.
And one more thing: the float is so tiny you’d need a microscope to spot it at just 925K! At current levels that's just under $75k. This means we could be in for an explosive run up in share prices on Wednesday.
Check out the chart…
Here’s a link to the chart: http://stockcharts.com/h-sc/ui?s=IBGR
About
Nexus Energy Services has been a mid-level provider of Oil Pipeline and related facilities, Construction & Maintenance services in Texas, Louisiana, Oklahoma, Kansas, South Carolina, and New Mexico since its founding.
Oil Prices Surging Yet Again
Tuesday we saw extreme volatility in oil prices as we saw oil rise as much as 6 percent in a single session. This is what makes this opportunity red hot.
Brent crude was up 59 cents, or 1.87 percent, at $31.07 a barrel after the report. US crude was last trading up 57 cents at $30.51, after it settled up $1.11, or 3.66 percent, at $31.45 per barrel.
Oil prices rose as much as 6 percent earlier Tuesday, sending both Brent and U.S. crude briefly above $32 a barrel, on hopes OPEC and non-OPEC producers were inching closer to a deal to reduce output in the face of one of the biggest supply gluts in decades.
The Organization of the Petroleum Exporting Countries has renewed calls for rival producers to cut supply alongside its members, but Russia, seen as key to any deal, has resisted so far.
This is where things get really interesting. Once oil producing nations agree on cutting production we could be in for one of the most drastic increases in oil prices in years.
News Development
Nexus Energy Services, Inc. Corporate Update
Jan 26, 2016
OTC Disclosure & News Service
Houston, TX -
Nexus Energy Services, Inc. Corporate Update
Houston, TX. January 26, 2016
Nexus Energy Services Inc. (“Nexus” or “IBGR”), (OTC Markets OTCPK:IBGR), is proud to announce its corporate update for 2016. Recently the Company filed its quarterly report ending June 30th and Annual Report ending Sept 30th. Along with the Financial reports being posted, a supplemental information report was also filed outlining the reasons for the recent reverse merger to be canceled.
Despite the recent merger being cancelled all assets of Nexus remain and a new CEO has been appointed, Bill Schaefer. The company is actively pursuing new Merger candidates, and is in talks with several potential companies that fit the company’s criteria to build shareholder value. The company plans to update shareholders as information develops through the coming weeks.
Bill Schaefer, newly appointed CEO of Nexus Energy Services, stated “I am pleased to take on the role of CEO of Nexus Energy Services Inc. and as CEO I intend to usher in a new direction for the company that will provide value for the company and its shareholders."
Remember, this is a trade opportunity based on the technical aspects of the stock and also the industry (oil). Because of this I believe that traders will be in a position to book profits on Wednesday as high as 75%.
Start your research on IBGR right now. The sooner you do the sooner you can tap its amazing upside potential.
Jeff "The Mirkinator" Mirkin
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