LRGR squeeze takes hold, 20% gains so far

Published: Tue, 04/11/17


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Good morning all,

Our pick yesterday, LRGR, is trading perfectly today hitting a high of $0.77 so far this morning, that's a 20% gain from our alert.

I sent you more updates than normal because I was super confident about the prospects of a short squeeze, and that appears to be what is taking place right now.

Remember, the short interest is high and float is small - perfect conditions for a nice winner, so who knows how high this could do, but don't be greedy either - make sure to take gains along the way.

Congrats to those who took this trade idea and banked.

If you missed out, I'll be back this evening with a new trade idea for tomorrow.

SmallCapMomo.com


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Hello fellow investors / traders,
 
Another busy weekend has gone by, I hope you enjoyed a well deserved rest because today we are back in action with a hot breakout trade idea that is capturing traders attention right now.

LRGR is the ticker, and the chart is breaking out in a big way.

Given its small market capitalization, tiny float of just 2.2m shares, and a massive 10%+ short interest, we think LRGR has plenty of room to run. In fact, if shorts continue to pile on the wrong side of this trade, we could see LRGR go parabolic with a short squeeze.

LRGR closed at $0.63, and its six month highs of $0.77 are just oh so close. A move to test these levels would represent 22% upside, which in itself is nice. But given the momentum, the short interest, and recent news catalysts coming from the Company, a breakout past this level is certainly plausible.



LRGR specializes in the media, marketing and entertainment industries. 

LRGR is partnering with Jenex, a progressive medical device technology company focused on providing consumers with quality medical devices, to market and distribute Jenex’s new thermal therapy insect device under the trade name TherOZap™. 

Jenex has received FDA approved Class II medical device status for its platform technology that is indicated for the relief of the pain, itch, and inflammation from over 20,000 different insect stings and bites, (including bees, wasps, hornets, mosquitoes, black flies and jellyfish).

Just last week, LRGR announced that a working prototype for a new version of the patent pending TherOZap™ device has been completed, and an agreement has been signed with the University Health Network to test TherOZap™ against the Zika and West Nile viruses. 

Put simply, this could be groundbreaking. As Chris Cook of LRGR states “The availability of a working prototype brings us one step closer to releasing this product to market.  Expanding the device's effectiveness to the Zika and West Nile virus will provide tremendous benefit for many regions of the world.”

You can learn more about the new TherOZap™ protoype at http://www.thejenexcorporation.com/therozap/

For its part, LRGR will bring this expertise to the TherOZap trade name and is developing a global marketing strategy.  Initial efforts will focus on launching its innovative therapy device in the United States with additional markets to follow closely. 

According to the World Health Organization (WHO), eighty percent of people who become infected by the Zika virus never have symptoms. In those who do, the most common Zika virus symptoms are fever and rash; it can also cause muscle and joint pain, headache, pain behind the eyes, and conjunctivitis (itchy, red eyes). With appearance of the virus showing up in the state of Florida, concerns from the U.S. are growing, as there is no cure for this virus yet to be established.

Such is the importance of finding a cure, the US Congress allocated $1.1 billion towards fighting the spread and effects of the Zika virus, fueling excitement for the growth opportunities for companies like LRGR and Jenex.


To Summarize...

LRGR is breaking out in a big way fueled by recent new catalysts, trader momentum and major short interest, which if continued, could culminate in a parabolic short squeeze.

It's time to get LRGR on your radar and look for opportunities here.

Given its recent run, we may see some volatility, which traders love as it creates opportunities. So make sure you follow the price action and level 2 closely to ensure a considered entry.
 

To your success,
 
SmallCapMomo.com
 
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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.
 

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