Latest / STOCK PICKS BY JOE COTTON CHAMPION STOCK PICKER / Two Low Priced Stocks with Big Upside
Transcript
- 0:02SPEAKER_00: Hi, and welcome to our podcast.
- 0:05SPEAKER_00: My name is Joe Cotton, and I'm a champion stock picker and expert market timer.
- 0:10SPEAKER_00: You can subscribe to my market letter, Cottons Technically Speaking, at our website, www.cottonstocks.net.
- 0:18SPEAKER_00: It comes with a risk-free 30-day 100% money-back guarantee from data purchase.
- 0:24SPEAKER_00: Nothing I say in this video is investment advice.
- 0:27SPEAKER_00: For investment advice, contact a registered investment advisor or certified financial planner.
- 0:34SPEAKER_00: Now, we have uh two very speculative stock picks today that we think have lots of upside.
- 0:42SPEAKER_00: The first one is Casia Therapeutics, symbol KZIA.
- 0:47SPEAKER_00: It closed at$7.87 on Monday, October 26th.
- 0:52SPEAKER_00: Guggenheim gave it a buy rating on October 21st with a$35 price target.
- 0:59SPEAKER_00: And League Rake Partners gave it an outperform rating on October 20th and a$30 price target.
- 1:06SPEAKER_00: It has a promising drug, Pexal, in clinical trials for both colorectal and breast cancer.
- 1:16SPEAKER_00: If you look at the chart, you can see it's made a one and a half year consolidation and appears to have made a two-week bottom triangle, and we expect it to move up from here.
- 1:28SPEAKER_00: It also had a bullish MACD crossover five days ago.
- 1:34SPEAKER_00: Per Fenvis, there are 11.34 million shares outstanding and 1.17 million shares short, which gives a short float of 11.94%, a fairly high number.
- 1:49SPEAKER_00: Current earnings show a loss of minus$6.82 per share, and a projected loss of minus$1.42 per share next year.
- 2:01SPEAKER_00: Insiders own 14.01%, relank the stock, and expect it to double within six months.
- 2:08SPEAKER_00: Bitech stocks are high risk.
- 2:10SPEAKER_00: If the drug in clinical trials isn't approved by the FDA, the stock can plummet and you can lose all or most of your investment.
- 2:19SPEAKER_00: Now, our second stock is Terrestrial Energy, Sybil IMSR, which closed at$2.94 on Monday, October 26th.
- 2:32SPEAKER_00: Lake Street gave it a buy rating and a$15 price target on October 21st, and Roth Capital gave it a buy rating and a$15 price target on September 22nd.
- 2:44SPEAKER_00: Now the company is a developer of Generation 4 nuclear plants that use its proprietary integral molten salt reactor.
- 2:56SPEAKER_00: ISMR plants are designed to be small and modular for industrial applications, such as petrochemical and chemical synthesis and data center operations.
- 3:09SPEAKER_00: The company has large projects in process, but as yet I found no nuclear plants in operation.
- 3:16SPEAKER_00: Mostly they are in the permitting stages, hence the large risk.
- 3:21SPEAKER_00: For finbiz.com, the company has 105.94 million shares outstanding and a float of 66.23 million shares.
- 3:31SPEAKER_00: 8.13 million shares are short, which gives a short float of 12.27%.
- 3:38SPEAKER_00: That's a high number.
- 3:40SPEAKER_00: Insiders own 37.48% of the shares.
- 3:44SPEAKER_00: No insider selling is shown.
- 3:46SPEAKER_00: Current earnings are minus 42 cents per share, and next year's earnings are estimated at a loss of minus 75 cents per share.
- 3:57SPEAKER_00: Now if you look at the chart, you can see the stock is way down from a year ago where it traded above$30 a share.
- 4:05SPEAKER_00: One day ago, it had a bullish MACD crossover, and it looks like it's making a two-week downward sloping triangle.
- 4:14SPEAKER_00: And we expect it to break out above the top trend line probably today and begin moving up.
- 4:20SPEAKER_00: We expect the stock to double in 90 days.
- 4:24SPEAKER_00: Want to thank you today for tuning in and best of luck, thank you.