Short Squeezes Continue As Many Are Getting "New Rich".
January 28, 2021 -- InvestorsHub NewsWire -- via WallStreet
Visions -- We are seeing history being made with the recent short
squeezes in many stocks, most notably, GameStop (GME).
However, history isn’t the only thing being made. Lots of new
millionaires and billionaires are also being made. These ”new rich”
are buying companies they like and not necessarily the companies
that have the traditional fundamentals we’ve been told we need to
buy on. It’s important to make sure you are running a company that
can stand up to scrutiny but as we’ve seen over the past couple
days, sometimes a couple of bad short positions can have negative
consequences for those betting against them and huge upside for
those who believe.
Here’s some companies that we believe can have the same super
Real Brands Inc (RLBD)
According to FINRA REG SHO data, RLBD has been shorted in many
cases up to 90% or more of their daily volume. On Jan 6th FINRA
reported that RLBD traded 1.96 mil shares and 1.53m were shorted!
However, it looks like they have been doing all the right things.
RLBD and their partner Turning Point Brands (TPB NYSE) have
recently built a state of the art HEMP and Cannabis processing
FACILITY. With the new US administration likely to legalize
cannabis nationally very Soon it would make sense that RLBD would
crossover into the MJ market as well via new acquisitions or
Partnerships. RLBD looks like it has the potential, the
squeezability and the fundamentals to skyrocket.
Real Brands is the result of a 2020 merger with Canadian
American Standard Hemp Inc. (CASH) that brought together industrial
scale hemp CBD oil/isolate extraction and processing, wholesaling
of CBD oils and isolate, and production and sales of numerous
hemp-derived CBD consumer brands of smokable, edible and topical
products. Its Halo 5 is a proprietary chromatography extraction
technology utilizing a Simulated Moving Bed (SMB) that provides the
advantage of producing large quantities of highly purified material
and precise pharmaceutical grade molecular separation at
dramatically reduced costs. Visit www.realbrandsusa.com. Consumer
product lines are available on www.wabrands.com, and
Naked Brands Group Limited (NAKD)
designs, distributes, wholesales, and retails women's and men's
intimate apparel, and women's swimwear. The company offers its
products under the Pleasure State, Davenport, Lovable, Bendon,
Fayreform, Naked, VaVoom, Evollove, and Hickory brands, as well as
through licenced brands, including Heidi Klum and Fredericks of
OPTEC International, Inc. (OPTI)
a developer and manufacturer of electronic LED, Ultraviolet (UV)
& UV-C safety products and related advanced technologies and
PPE (Personal Protection Equipment) products. The company's
Safe-Scan product line is being launched at a time when HR
directors and facilities managers are experiencing extreme concern
with respect to keeping environments safe during the global
pandemic crisis and the safe reopening of the U.S. economy.
Bionano Genomics, Inc. (Nasdaq:
BNGO) a genome analysis company providing tools and services
based on its Saphyr system to scientists and clinicians conducting
genetic research and patient testing and providing diagnostic
testing for those with autism spectrum disorder (ASD) and other
neurodevelopmental disabilities through its Lineagen business.
Tesoro Enterprises, Inc. (OTCMKT: TSNP), which will soon be
renamed HUMBL, Inc.
HUMBL is a new, Web 3 platform that seamlessly connects
consumers and merchants in the digital economy. HUMBL uses new
technologies like blockchain to deliver the HUMBL® Pay Mobile
Wallet, HUMBL Studios™ online merchant listings and HUMBL
Financial™ services products.
This article was written by WallStreet Visions, LLC (“WallStreet
Visions”). WallStreet Visions may have a position in the
securities mentioned in this article at the time of publication,
and may increase or decrease its position without notice.
This article is based on public information and the opinions of
WallStreet VISIONS.This article contains forward-looking statements
that are subject to certain risks and uncertainties that could
cause actual results to differ materially from any results
predicted herein. WallStreet Visions is not registered with
any financial or securities regulatory authority, and does not
provide or claim to provide investment advice.
Contact Information: 1-585-734-6630
Company Name: WallStreet Visions
Contact Person: Media Manager