On Monday, November 13th, NIA announced Vuzix (VUZI) at $5.65 per share as its #1 favorite Augmented Reality (AR) stock suggestion and it hit a high today of $6.95 per share for a gain of 23% in only six days! NIA is 1,000% sure that VUZI will reach double digits in the very near-term future! To put it bluntly… Augmented Reality (AR) technology is the next major bubble and VUZI owns the largest and most valuable patent portfolio in the AR technology space!
We have just discovered another NASDAQ tech stock that’s about to breakout big and explode in the days ahead… Cogint, Inc. (COGT). This past Wednesday, COGT bottomed at a price of $3.70 per share and has since bounced strongly to a current price of $4.18 per share! NIA predicts that a major COGT short squeeze is now imminent!
Currently, COGT has 2,342,813 shares that are sold short, and will likely be forced to cover in the upcoming days! Yesterday, a form 4 was filed by Jeffrey Alan Dell the Chief Information Officer of COGT disclosing that he purchased 4,000 shares on Friday in the open market at $3.95 per share. Earlier this month, Dr Phillip Frost an entrepreneur worth $2.8 billion disclosed that he has just added to his COGT position by purchasing another 20,000 COGT shares at $4.11 per share!
The largest subsidiary of a major Shenzhen listed technology company is currently in the process of merging into COGT and will be bringing with it $100 million in cash. The combined company is expected to generate 2018 revenue of $500 million with positive EBITDA of $75 million. Once the transaction is complete, COGT will be issuing a large cash dividend of approximately $1 per share!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from a third-party for covering COGT of $20,000 cash. NIA has received compensation from a third-party for covering VUZI of $20,000 cash. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.