When Zedge (ZDGE) surpasses its 52-week high of $3.74 per share it will immediately become noticed by thousands of new investors who chase stocks that are hitting new 52-week highs, thereby driving it to $5+ per share.
When it breaks $5 per share it will become marginable at most brokerage firms thereby driving it potentially as high as $10-$15 per share where it will most likely hit a top about one week after Valentines Day. Millions of new investors will discover ZDGE on Valentines Day as they search for heart emojis, and this is happening at a time when Zedge's Android app is exploding in popularity due to its newly launched AI Wallpaper maker!
How do you think Nvidia (NVDA) got so high when it is a ponzi scheme that is creating and funding dozens of startup companies including CoreWeave to purchase its own GPUs which then use those GPUs as collateral to borrow billions of dollars to buy more NVDA GPUs? Most investors own NVDA on margin and as its share price rises, they are given more margin credit to purchase more NVDA shares. At some point soon, this will get unwound and NVDA will see a massive crash. When NVDA crashes shares of GraniteShares 2X Short NVDA ETF (NVD) are going to rise by 100% in value, but it is risky because we don't know how to time NVDA's crash and NVD could go lower before it explodes higher!
The easiest and safest way to play NVDA's crash is simply to buy Augusta Gold (TSX: G), which has nowhere to go but up big, and will likely become the #1 largest gaining gold stock in the upcoming weeks due to AngloGold Ashanti (AU)'s imminent filing with the BLM for North Bullfrog permitting, which will cause a massive amount of G institutional buying because there are many large hedge funds with algorithms that are programmed to track the BLM for permitting filings and when a new gold mine owned by one of the largest gold miners files for permitting, hedge funds immediately buy up shares of all stocks with adjacent properties. G owns five gold deposits totaling resources of 1.92 million oz of gold adjacent to AngloGold Ashanti's North Bullfrog Project in Beatty, NV.
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. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.