Readers,
I’ve been trading and covering stock market listed companies for more than 25 years. Yes, it’s been that long.
During this time, I’ve helped several companies hold press events. Unsurprisingly, these stocks went parabolic before and usually right after the event.
(NASDAQ:SYTA) announced such an event; with 1 million shares outstanding and less than that in the free float, the stock is poised to be one of the hottest stocks traded leading up to the event.
"Siyata is in the best position it's been in since our company's inception, as our capital expenditures have directly improved all performance metrics, and we look forward to delivering continued successful results. Please tune into our upcoming press conference, which will highlight a next level shareholder value creation event that you surely won't want to miss."
Marc Seelenfreund- Siyata CEO
Recent stocks I’ve covered, like (NASDAQ:CAPT), closed up 130%, as of writing this, and (NASDAQ:QNTM), which also closed up 116%. While both are exciting and lots of people made money trading them, none of them had a press conference in the pipeline.
“A press conference, is the ultimate catalyst for any company, and when they announce one, it’s usually to ensure stakeholders can share in the ‘wealth’”
The strength of the news will determine how high or how long the stock will continue to go “Vertical”. The only time companies alert the media is when the CEO believes their news is very strong!
A press conference event means it’s a big deal and you should listen. (NASDAQ:SYTA) is trading in a nice channel, but it will start to move once they set the upcoming date!
And the recent news assured everyone that it’s coming soon!
Reminder:
Before they announced a delay, which is normal as they prepare the embargoed release and arrange for the media to be involved, the stock reached a high of $10, which is almost 100% from where the stock is today!
Seriously, it doesn’t get any easier than this, it’s a layup, and the company called it a “value creation event,” which is code for a “Wealth Creation Event.”
Siyata is a small cap company, focused on helping first responders with Push to Talk communications. They have agreements with all the main carriers and their devices earned stocked status with AT&T and recently signed T-Mobile. The company had one of the best quarters ever in the 3rd quarter and will likely make more than $10million in sales last year.
Agreements with JVC/Kenwood, and others, are only strengthening its sales network.
The company recently executed another reverse split, so the stock has a small/micro float, which shorters are already stuck in; causing the stock to be “coiled up”
You buy it because whatever news they plan to announce to the media and the world is bigger than all of their previous announcements. Not even the T-Mobile agreement was deemed to be worthy of a “Press Event”
You buy the stock because we are in the “Golden Age” and the market has never been hotter, and this will undoubtably be the next low float stock to hit every trader’s screen when they make this announcement.
Nothing better than a media event that will likely get coverage from all the financial pundits, Bloomberg, WSJ, Forbes etc.
Trade Smart, use stops, and take profits.
When you’re enjoying the slopes or the beach, this Spring Break, from trading this banger, you’ll thank me.
247Market News Editor!
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