On Monday morning, NIA announced Organto Foods (TSXV: OGO) or OGOFF on the U.S. OTC as its official brand new stock suggestion. OGO is a stock that NIA is extremely confident about for many reasons including the fact that OGO has one of the most experienced management teams in the organic food space! OGO's Chairman and Co-CEO Steve Bromley previously led the NASDAQ organic food company SunOpta (STKL) for nearly 15 years while being promoted from CFO to become STKL's President/COO and then later promoted again to become STKL's CEO! Bromley spent 8 years as STKL's CEO before leaving at year-end 2015! When Bromley first joined STKL its enterprise value was only US$70 million but when he left it was worth well over US$1 billion!
NIA is extremely pleased that OGO on Tuesday did exactly what we were hoping for, which is a best case scenario for its chart! OGO briefly dipped to a low yesterday morning of $0.33 per share thereby successfully filling in the gap that was left in its chart at Monday's open! OGO quickly bounced from its low of $0.33 per share and closed at $0.36 per share! Not only did the gap get filled but OGO closed for a second straight day above its long-term key breakout point of $0.35 per share!
OGO is NIA's fastest growing food stock suggestion of all-time! NIA announced its two previous food stock suggestions in 2019 and both achieved triple digit gains within two weeks of NIA's announcements! Most importantly, within twenty months of NIA's announcements they both became among NIA's Top 30 best performing picks of all time with one of them becoming one of NIA's Top 10 best performing picks of all-time!
Back in May 2019 after the very successful IPO of Beyond Meat (BYND), NIA was determined to discover a way for its members to capitalize on BYND's success. NIA on the morning of May 24, 2019 announced Burcon Nutrascience (TSX: BU) at a suggestion price (rights offering adjusted) of $0.4924 per share as its #1 favorite pea protein stock suggestion.
Within one week of NIA's suggestion, BU more than doubled to a price of over $1 per share!
On the afternoon of June 7, 2019, NIA announced Lifeway Foods (LWAY) as its new food stock suggestion at a price of $2.10 per share. Ten days later on June 17, 2019 with LWAY trading for $2.52 per share, NIA officially made LWAY its #2 favorite overall mid-year 2019 stock suggestion.
Within three days of NIA making LWAY its #2 favorite overall mid-year 2019 stock suggestion, LWAY exploded to a new 11 month high of $4.75 per share for a gain of 126.19% since NIA's initial suggestion two weeks earlier!
BU and LWAY achieved triple digit gains within one week and two weeks, respectively, following NIA's initial suggestions of each company... but their biggest gains would occur over the following 15 to 20 months!
Last week on February 16th, BU hit a new 8 1/2 year high of $5.92 per share for a gain of 1,102.28% making it one of NIA's Top 10 largest percentage gaining stock suggestions of all time!
On September 16, 2020, LWAY hit a new 33 month high of $8.89 per share for a gain of 323.33% making it one of NIA's Top 30 largest percentage gaining stock suggestions of all time!
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 OGO of USD$30,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.