TRKK Expands Product Portfolio As It Marches Towards A Potentially Massive Breakout
Good Afternoon!
Orbital Tracking Corp. (OTCQB: TRKK)
If positioning, setup and news are the holy trifecta for trading profits then you definitely should step into the light on this one.
There’s practically nothing missing for TRKK in terms of positives and you’d win any argument against anyone who suggests this isn’t the quintessential “buy now” sort of trade idea.
TRKK appears oversold to the tune of a 20 RSI on the daily chart. This, if you really like your trading profits fat and juicy, is the ultimate level for a monster bounce opportunity.
But let’s say your detractor is really sceptical. Let’s say they want something more than just an awesome float and mega bounce potential. In that case you’d show them the 12-month high which relative to current valuation, suggests upside opportunity of more than 1,143%.
Hopefully by this point you are absolutely convinced that TRKK is the play to beat right now. If not, then consider the fact that this OTC QB company has just expanded its product portfolio!
Yes, TRKK has developed its first global tracking product, a dual-mode asset tracker. Asset tracking, if you are unfamiliar, is one of the fastest growing sectors in mobile satellite communications. One forecast projects a market worth $18.87 billion by 2020.
TRKK speaks for itself. Now it’s your turn to book your profits from its amazing upside potential.
Check out the chart…
Here’s a link to the chart: http://stockcharts.com/h-sc/ui?s=TRKK
About
TRKK (Orbital Tracking Corp.) provides satellite based tracking, services as well as mobile voice and data communications services globally via satellite to the commercial and Government users.
TRKK operates various e-commerce retail and tracking portals where users around the world can purchase satellite hardware and track assets in real-time on mobile devices or PCs.
TRKK was founded in 2008 and is based in Poole, United Kingdom.
Asset Management System Market worth $18.87 Billion by 2020
The asset management system market is expected to grow at a high rate; it is driven by factors like reduction in search time for misplaced assets, increase in adoption rate due to technological advancements, high Return On Investment (ROI) and cost saving, and improved supply chain efficiency.
Asset Management System is used for different functions, like location tracking, check in & out, repair, and maintenance among others. It is also used for tracking various asset types, such as IT assets, returnable transport, in-transit equipment, manufacturing asset and personnel/ staff among others. Returnable transport holds the highest share in market, as they are difficult to track and manage, but with the help of asset tracking services, it is possible to track them automatically and accurately.
News Development
Orbital Tracking Corp. Expands Product Portfolio With Development of New Dual-Mode Cellular-Satellite Tracking Device
TRKK said in a recent announcement, that it has developed its first global tracking product, a dual-mode asset tracker, which will be available in the marketplace later this year following final testing and receipt of necessary regulatory and compatibility certifications.
The Company's dual-mode asset tracker was designed to address the current technical and service cost challenges facing the global Asset Management Systems market, a market growing at a 20.5% compound annual growth rate and estimated to reach a value of $18.87 billion by 2020 according to research by Market and Markets.
The first product designed and developed by the Company, the dual-mode tracker utilizes both cellular and satellite technology to provide truly global tracking, automatically switching between the cellular and satellite links making it an ideal solution for use in both populated and remote areas, including trans-oceanic routes.
"We are extremely pleased with the progress we've made with our dual-mode tracker and look forward to bringing it to the market later this year," said David Phipps, Chief Executive Officer of Orbital Tracking Corp. "Built upon our global experience and expertise in MSS, we fully believe that this product will greatly benefit commercial and governmental customers by lowering costs and providing more reliable tracking capabilities. As global demand continues to grow for devices that can be used during emergencies anywhere in the world, we intend to continue being a pioneer and leader in the asset tracking market."
To learn more about TRKK please visit their website: http://www.orbitaltracking.com/
TRKK offers quite a lot for an entry below 20 cents. You should take FULL advantage.
Warmest Regards,
