Barfresh (BRFH): Deja Vu- All Over Again
On April 23rd I published my first edition on Luxeyard (LUXR)- The edition was titled “Still 50% Undervalued”. At the time, LUXR was $.80.
On May 8th, I published my last (not forever) edition on LUXR, where I disclosed I had sold my entire position in the stock – with the last trades being around the $2 level. The net gain for you over 2 weeks was about 150%. I wish they were all like that.
That’s all very nice- but here’s the point of today’s edition. During the course of that two weeks, there was one pullback in the stock. The April 19th edition had a section entitled LUXR- You’re Getting a Mulligan. The stock had abruptly traded down from $1.25 to about $.80. If you acted quickly, you had a second chance to jump in.
Here’s the chart:
Learn from the past to make money in the future. The back half of this week is your mulligan in my by far current favorite idea- Barfresh (BRFH). This is Deja Vu all over again.
The Barfresh (OTC: BRFH) Mulligan
While there’s no guarantee BRFH will be a perfect repeat of what happened last month with LUXR, I believe there’s a good chance we’ll see a repeat of the pattern. As I disclosed in my initial presentation, I am a very large shareholder of BRFH shares, but have not been paid in any way by the company.
I’m also plan to be very active both buying and selling in this security. Last week, I was a seller of a very small percentage of my position. Yesterday, I was buying it back, and will likely do so again today and/or later in the week if I am lucky enough to be able to acquire the shares in the $1 range.
Here’s a chart:
In my initial presentation on May 13th, I described Barfresh (OTC: BRFH) as representing the “Most Profitable 7 Square Inches on Earth”. I’m referring to the roughly 7 square inches a blender uses on the counter of a Quick Serve Restaurant.
Their product has taken Australia by storm.
Again, if nothing else, I strongly recommend you invest 5 minutes of your time to watch the video you can find at this web page:
You’re getting a mulligan on this one. It’s one of the better ideas you will read about for this entire year in the high risk, high return microcap sector.
If you missed LUXR, use this shallow pullback to take advantage of this one. I was yesterday, and could very well do so again today.
A reminder: Catch me live on TV every Monday from 12 to 2PM eastern.
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