Where is the next Short Squeeze? GameStop (NYSE: GME), and AMC (NYSE: AMC) are not alone.

January 28, 2021 -- InvestorsHub NewsWire -- via EmergingGrowth.com -- Yesterday, MarketWatch released an article titled “It isn’t just GameStop. Here are some of the other heavily shorted stocks shooting higher”.

The article goes on to discuss GameStop (NYSE: GME), AMC (NYSE: AMC), Koss (NASDAQ: KOSS), Blackberry (NYSE: BB) and Express, Inc. (NYSE: EXPR), and how they have realized sharp moves of 134%, 301%, 480%, and 214% respectively, and that’s only the past 24 hours.  

Leading the pack is:

GME – up $1,900% over the past 10 trading sessions and; 

KOSS – up 3,000% over the past 4 trading sessions. 

Where is the next short squeeze coming from, and how can you find it? 

First and foremost, there obviously has to be a sizeable, short position in the stock, relative to the average trading volume. 

Google Ads

Next, it would help if it was in a sector what would sit comfortably with the WallStreetBets and other online communities that have been pushing these stocks to the point of a squeeze.   The WallStreetBets crew is made up of those who detest the Wall Street elite, short sellers, and those who they believe created the 2008 crisis. Furthermore, they have over 4 million followers.  To put this into perspective, Goldman Sachs (NYSE: GS), has about 3 million customers. Now ask yourself, what do many of these individuals have in common?  Crypto and Technology. 

Has the stock been beaten down? Is the stock entering an uptrend? These are the obvious ingredients to a short squeeze.  A bonus would be some confirmation that an insider also felt so the stock was undervalued, that he would put his own money on the line. 

Here is one you can look at.  

Take a look at Nextech AR Solutions, Inc.  (OTCQB: NEXCF), and ask yourself if you can we check any of those boxes?  

Average volume is around 250,000 shares, and according to OTC Markets, short interest as of recent was 551,000 and an additional 866,000 shares are short in Canada.  Check.

Nextech AR Solutions, Inc.  (OTCQB: NEXCF), is heavily into trading cryptocurrency, and is the first publicly traded pure-play AR (augmented reality) company.  Check.

Nextech AR Solutions, Inc.  (OTCQB: NEXCF) stock has been beaten down from $7.00 per share in October, to a low of $3.70 just last week.  The stock put in a bottoming tail and has been on a strong uptick with its next resistance level of $4.50 per share, which a squeeze can easily break. Check.

While we’re at it, how does the CEO feel about the company? Remember, all these short squeezes started with some new positive catalyst in the market.  It turns out, Mr. Evan Gappelberg, CEO of Nextech AR Solutions (OTCQB: NEXCF) purchased shares in his company 5 times in 2020 totaling 1,279,885 shares, and once already in 2021.  Bonus. 

Nextech AR Solutions, Inc.  (OTCQB: NEXCF) could very well become the next major short squeeze. 

As one of the very few pure-play AR investments, NEXCF stock facilitates more than just exposure to a growing industry. Instead, NexTech offers end-to-end solutions for any revenue-generating endeavor, from AR-based marketing campaigns and promotions to platform integration to education and brand evangelization. The possibilities are truly limitless, demonstrated by its massive clientele list. We’re talking names like Johnson & Johnson (NYSE: JNJ), Toyota (NYSE: TM), IBM (NYSE: IBM), Carnegie Mellon University, BCE(NYSE: BCE), NATO and many more.

Further, NexTech’s key partnerships, such as its deal with BDA Sports to integrate a full-scope AR technology stack, provides organic exposure to viable professional sports leagues such as the NHL, NBA, MLB, and NFL. This will help broaden an already expansive list of clients, including Unesco, TEDx, Dell Technologies(NYSE: DELL), Luxottica, Vulcan Inc., Boehringer Ingelheim, Grundfos, and Arch Capital Group (NASDAQ: ACGL).

Just as importantly, the underlying financial performance of NexTech AR more than justifies taking a shot with NEXCF with the risk-on portion of your portfolio. First, the fourth quarter of 2020 brought home bookings of $7.3 million, representing a 275% increase from the same quarter in 2019. As well, bookings were up 9% sequentially over Q3 results, confirming continued demand despite the Covid-19 disruption.

Furthermore, NexTech rang up $20.01 million in bookings last year – a record haul for the company. This incredible figure is up 235% year-over-year, demonstrating the resilience of AR-based technologies and their relevance in the new normal, especially through facilitating contactless services.

For undervalued growth investments with excellent risk-reward profiles, you’re going to be hard-pressed to find anything better than NEXCF stock.

About EmergingGrowth.com

Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information includes certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. EmergingGrowth.com is compensated two thousand five hundred dollars per month in exchange for posting press releases and other content on EmergingGrowth.com beginning January 19, 2021 and EmergingGrowth.com has also been compensated additionally for the production and distribution of a media campaign. EmergingGrowth.com may receive additional compensation for Nextech AR Solutions and full details of which can be found here: https://emerginggrowth.com/27286-32336/.   EmergingGrowth.com will not advise if and when its relationship with this company will end.  You can easily loose money investing in highly speculative small cap stocks like the ones mentioned within. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

 

SOURCE: EmergingGrowth.com