Get Ready, Traders!
They say trade what you know, right? Xfit Brands Inc. (XFTB) makes extreme sports gear, gym equipment, training clothes.
It ain’t a big business yet but it’s making money, growing fast and for all practical purposes the stock is mighty new.
By “new” I mean two days of real turnover: yesterday and today.
Yeah, we’re looking at one of those “blank check charts” with all the pretty colors. The sky ain’t the limit here, but there’s mighty big sky to look at:
Nothing to get in our way but air between $0.60 and $0.66 and then again from $0.66 to the mighty $1.00. Can XFTB get there? Anybody’s choice!
You know I find these “empty” charts fascinating because there’s no right answer buried in the statistics to force the action one way or another.
Tomorrow morning XFTB might gap anywhere or just ride its current 2-day channel between $0.46 and $0.60. MACD cross might tip the hand a little!
But the point is there ain’t no fancy targets and resistance and such and such beyond what I just laid out. Blue sky, green field, anything goes.
The Commander’s Bullet Points on XFTB
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All in all, XFTB is growing revenue 15% a quarter, 58% year over year. And yeah, they ain’t fools. This business is already going all the way to the bottom line. KA-CHING!
Bottom Line: speaking of bottom lines, XFTB is looking like a classic start-up with attitude and prospects.
If they play it right, they could be the new Under Armour crossed with the Monster drinks miracle: clothes AND power for the kids.
Hard to say yet! It’s only the ground floor . . . practically Day 3 of our window for trading XFTB in any kind of volume at all.
But while this may be the first time we see XFTB, I get the feeling it won’t be the last. They already hit Wall Street on a run!
And if this company goes huge, you got ME to thank for the introduction.
Happy, Happy, Happy Trading!
~ Stock Commander
yourstockcommander@gmail.com
