Last night, in response to the Coronavirus, New Jersey Governor Phil Murphy ordered all restaurants in the state of New Jersey to shut down immediately and remain closed until further notice! Only takeout/delivery establishments may remain over!
This sounds like the best possible scenario for NIA's Muscle Maker (GRIL), which made huge gains after NIA's initial suggestion on February 27th when we predicted this exact scenario! After GRIL's initial run, it got slammed down in recent weeks with the rest of the market, but today it began a major turnaround!
Almost all of GRIL's business is either takeout or delivery! GRIL has established extremely high ratings throughout New Jersey on delivery apps like Uber Eats! Look for GRIL to make a much larger move higher in the days ahead!
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 GRIL 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.