Organto Foods (TSXV: OGO) the latest brand new official stock suggestion of NIA finished Friday at a new record closing high of $0.43 per share! OGO gained by 34.38% last week following NIA's Monday morning suggestion at $0.32 per share! OGO's volume for the week of 6,625,481 shares was 7.47X above average!
Prior to NIA's Organto announcement it was among the most underfollowed of all high quality, revenue generating, rapidly growing TSX Venture listed companies... especially among the U.S. investment community where practically nobody had ever heard of Organto and their "I AM Organic" brand of organic fruits & vegetables despite its rapid growth across 13 European countries! Organto is beginning to trade major volume on the U.S. OTC as American investors begin to discover OGOFF for the first time. OGOFF traded record weekly volume last week of 3,387,786 shares or 40.32X above average!
NIA's President Gerard Adams frequently runs into both NIA members and his Instagram followers who recognize him at airports, technology trade shows, mining conferences, and sporting events. He is often asked who are the people that he has learned from the most to become successful at investing and as an entrepreneur. He always advises to NEVER follow the ideas/advice of one person. When somebody brings up the name of an investor/entrepreneur who is HOT at the moment with almost a cult like following that worships them, Gerard will always say to ignore that person's investment advice because it becomes worthless once they become mainstream and well-known.
Cathie Wood for example doesn't have the ability to shift her investment style without triggering massive outflows from her ETFs and causing their remaining assets under management to collapse. Her only option at this point is to hope for hyperinflation and continue pumping Tesla and Bitcoin even though she is smart enough to know that without hyperinflation they have both already peaked. With Tesla, now that retail investors have gone all in... there is not enough money left on the sidelines to drive it any higher. Bitcoin interestingly is the exact opposite, retail investors were the first to buy... but now that institutions have gone all in... there is not enough money left on the sidelines to drive it any higher. Of course, with enough money printing, anything is possible... but we would view a rally by Tesla or Bitcoin to higher highs within the next few months as being so extremely problematic that it will scare the Fed into immediately hiking the Fed Funds Rate significantly higher.
OGO is a stock that has been rising consistently and steadily to higher highs and higher lows, but totally in line with the company's rapid growth in revenue with rapidly improving gross margins. When OGO gapped up on Monday, it quickly filled in the gap on Tuesday, before proceeding to finish Wednesday, Thursday, and Friday at record closing highs!
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.