Check out this low float, recent 300% gainer
Published: Mon, 03/25/19
![]() Subscribers, I hope everyone has had a good weekend. I know the markets have been brutal of late, but that's why we love small/micro caps - they can trade well regardless of what the market is doing. With that being said, we've got a nice looking trade idea today... Aureus, Inc (ARSN) Seeing the chart of ARSN is key, so check it out below. Mid-late January saw a volume and price explosion on ARSN, after the Company announced it had signed a Letter of Intent to acquire 100% of the issued and outstanding equity of Yuengling’s Ice Cream - Online Distributors LLC, the exclusive online purveyor of the nationally recognized Yuengling’s Ice Cream brand. ARSN went on a massive run, gaining more than 300% in less than a two weeks. It has since pulled back over the past couple of months, and appears to have found support at just below $0.01. We think that ARSN could bounce off these levels and give traders potentially significant upside in the right conditions. As I mentioned above, back in January ARSN entered into an LOI to acquire 100% of Yuengling's Ice Cream online distributors. And in mid-February, the Company announced that the Company has entered into a binding, definitive agreement to acquire 100% of Yuengling’s Ice Cream Online Distributors, LLC. As part of the acquisition, Aureus, Inc. will also receive a 33% ownership stake in Yuengling’s Ice Cream Company. Yuengling’s Ice Cream Online Distributors, LLC, (“YIC - Online Distributors LLC”), is the exclusive online purveyor of the nationally recognized Yuengling’s Ice Cream brand.
In 2014 the Yuengling's Ice Cream Corporation was successfully relaunched and, in 2018, positioned for the brands next stage of development, Yuengling’s Ice Cream + YIC - Online Distributors partnered to expand distribution of the iconic ice cream brand online and in retail channels throughout the Southeast, Midwest and Western United States. Yuengling’s Ice Cream is currently available in approximately 500 stores in Pennsylvania, New Jersey, Maryland, New York, Delaware, Texas, Illinois, Indiana, Iowa and Michigan. The Yuengling’s Ice Cream Corporation, as it’s been since 1935, and YIC- Online Distributors LLC are stand alone, separately owned and run companies from D. G. Yuengling and Sons, Inc Brewery. Earlier this month, ARSN announced that its wholly owned subsidiary YIC - Online and signature brand Yuengling’s Super Premium Ice Cream has added HyVee to its list of valued customers. HyVee’s Quincy on Broadway location will initially stock seven Yuengling’s flavors, including Black & Tan™, Butterbeer™, Peanut Butter Cup, Root Beer Float, Original Sea Salt Caramel, Cookies & Cream and our award-winning Cherry Vanilla Chunk.You can learn more about ARSN at http://www.aureusnow.com/ You can learn more about Yuengling's Ice Cream Online Distributors at https://www.yic-onlinedistributors.com/ Our Conclusion... We think ARSN could be ready to bounce big off its current support levels. It previously ran for over 200% in under 2 weeks. With its small market cap of just $1.3m, its low price, and the big news coming from the Company in recent weeks/months, ARSN could take off at any moment. Of course if it falls below current support of around $0.0095, you should be cautious. However we are bullishly optimistic on ARSN and look forward to an exciting trading day ahead. All the best. SmallCapMomo.com admin@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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