Nasdaq could be next for this growth play
Published: Wed, 03/08/17
 SMS alerts can make the difference between a profitable trade and a missed opportunity. Text “alert” to 97000 to receive our instant, reliable and free SMS alerts. Hello fellow investors / traders, Tomorrow I'm going a little different, something a little higher price with nice recent volume and liquidity, and good depth on level 2 - and a company with very impressive fundamentals and growth. First Choice Healthcare Solutions, Inc (FCHS) is our trade idea for tomorrow. Hear me out here, I think you'll be impressed at this one. Over the past couple of days FCHS jumped from around $1.40 to $1.60, and today it pulled back to close at $1.51 - just above its 50 day moving average support. Evident on the chart, there is also secondary support at $1.40. If these support levels hold, we could see a push higher to its recent highs of $1.75 or beyond. The story of FCHS is more than just its chart however. It's also got fundamentals and growth on its side. A few months ago the Company issued formal financial guidance of $40-$45 million for 2017 full year revenues and 15%-20% for 2017 full year adjusted EBITDA margin. This is a substantial increase from its 2016 revenues where the Company booked $22.56 million in revenues for the nine months ended September 2016. And boasting over $24m in total assets, and $10m in working capital, per its latest 10Q filing with the SEC, FCHS also has a rock solid balance sheet. Further impressive numbers for FCHS include:
This strong financial performance and growth all means that the FCHS is a strong candidate to uplist to a senior exchange, such as the Amex or Nasdaq. In fact, the Company highlighted this as a key objective in 2017. About FCHS... Headquartered in Melbourne, Florida, First Choice Healthcare Solutions (FCHS) is implementing a defined growth strategy aimed at expanding its network of non-physician-owned medical centers of excellence, which concentrate on treating patients in the following specialties: Orthopaedics, Spine Surgery, Neurology, Interventional Pain Management and related diagnostic and ancillary services in key expansion markets throughout the Southeastern U.S. The Company’s high margin, integrated ancillary and diagnostic services include MRI, X-Ray, Physical Therapy, Occupational Therapy and DME. Serving Florida's Space Coast with 5 practice locations, the Company's flagship integrated platform currently administers over 100,000 patient visits each year and is comprised of First Choice Medical Group, The B.A.C.K. Center and Crane Creek Surgery Center. By establishing their Centers as premier destinations for clinically superior, patient-centric care that is coordinated across each patient’s care continuum, we expect to deliver more meaningful and collaborative doctor - patient experiences, accurate diagnoses, effective treatment plans, faster recoveries and materially reduced costs. For more information, please visit their websites www.myfchs.com, www.myfcmg.com, www.thebackcenter.net and www.cranecreeksurgerycenter.com. In Summary... FCHS has a lot of positives for traders and investors to look closely at. It's chart has recently broken out technically, but pulled back in recent days for what could be a great opportunity for new traders. Its 2016 actual revenue and 2017 revenue forecasts are very impressive, and its strong balance sheet is a major pillar for continued growth. Get FCHS on your screen now and be ready for a new trading day. SmallCapMomo.com --------------------------------------------------------------------------------------------------------
Remember our key trading rules when trading. Capital preservation is key. Keep your stops tight, and if things don't go your way, cut your losses and look for another opportunity. Disclaimer Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. SmallCapMomo.com employees are not registered as an Investment Adviser in any jurisdiction whatsoever. The disclaimer is to be read and fully understood before using our site, or joining our email list. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead SmallCapMomo.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. SmallCapMomo.com does not offer such advice or analysis, and SmallCapMomo.com further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "forward looking statements". Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands", or that by statements indicating certain actions "may", "could", or "might" occur. Understand there is no guarantee past performance will be indicative of future results. In preparing this publication, SmallCapMomo.com has relied upon information supplied by its customers, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, SmallCapMomo.com and its owners, affiliates, subsidiaries, officers, directors, representatives and agents have not completed any due diligence or research on the companies advertised herein and disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. SmallCapMomo.com is not responsible for any claims made by the companies advertised herein. SmallCapMomo.com may receive compensation and its employees and affiliates may own stock that they have purchased in the open market either prior, during, or after the release of the companies profile which is an inherent conflict of interest in SmallCapMomo.com statements and opinions and such statements and opinions cannot be considered independent. SmallCapMomo.com reserves the right to buy and sell shares of the profiled company on the open market before, during or after the release of the company profile. In such an event, SmallCapMomo.com will not update its disclaimer to reflect any shares bought or sold on the open market during the profile coverage. SmallCapMomo.com and its management may benefit from any increase in the share price of the profiled companies and hold the right to sell the shares bought at any given time including shortly after the release of the companies profile. SmallCapMomo.com has been compensated three thousand dollars via electronic transfer from a non-affiliated third party for the profile of FCHS. SmallCapMomo.com may on occasion accept compensation in restricted or free-trading shares for it's marketing services of the company being profiled, and the third party that might have compensated SmallCapMomo.com may hold free-trading shares of the company being profiled and could very well be selling shares of the companies stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration. If SmallCapMomo.com ever accepts compensation in the form of restricted or free trading shares of the company being profiled and decides to sell these shares into the public market at any time before, during, or after the release of the companies profile our disclaimer will be updated accordingly reflecting the current position of those free trading shares received as compensation for our services. |