JETR is soaring with record revenues and a breakout chart
Published: Mon, 07/13/20
 Subscribers, I hope you all had a great weekend. I spent mine researching an exciting new prospect that operates in the private aviation sector. The private jet travel sector has been growing steadily for many years, but as Covid-19 has literally brought commercial air travel to a grinding halt, private jet bookings have skyrocketed. Businesses and individuals alike, including those who have never used private jets before, have been taking to private jet travel like never before. And that's where my latest trade idea comes in. Star Jets International, Inc (JETR) offers its customers all the advantages of owning a corporate jet, without the burdens associated with ownership. This includes unprecedented flexibility through access to over 5,000 private jets domestically and 15,000 private jets worldwide. Star Jets executives have nearly 20 years of experience in aviation and marketing. You can learn more about JETR on their website http://starjetsinternational.com/ JETR is not just flying high in the air, the chart is also soaring to great heights as the Company recently announced very significant revenue gains over the past year. And given the small market cap of just $5.75m and its super low float, we think JETR could be ready to takeoff in a big way. As you can see below, JETR has run from under $0.10 to over $0.30 in just two weeks. It appears to have hit a key resistance level on Friday, the same level it hit in late June when it skyrocketed almost 300% in one day!!! The momentum is just to great to ignore. We think JETR could have plenty of fuel left in the tank to continue its surge higher. And with a 52 week high of $0.59 there still could be a ton of upside potential. Star Jets International, Inc. (JETR) Posts Over $5.3 Million of Revenue for 2019 and $4.3 million in first half of 2020 Amidst Covid-19 ConcernsNEW YORK, July 01, 2020 (GLOBE NEWSWIRE) -- Ricky Sitomer, CEO of Star Jets International (JETR), the leading Private Jet Charter Company, announces the Company’s 2019 year-end financials. In 2019, Star Jets International, in its third full year of operation, did $5,374,513 million in revenue. In the first quarter of 2020, JETR did $1,517,000 in revenue. The Company anticipates $2,800,000 in revenue in the second quarter of 2020 from increases in private travel bookings related to rising concerns of the safety of commercial air travel amidst Covid-19 concerns. Mr. Sitomer stated, "We are extremely proud of our continued progress in our third full-year of operations. In 2017, Star Jets International became a publicly traded company with an official name change, and a trading symbol change to JETR. In 2018 and 2019, we have executed our business and operational plan very well and look forward to our continued progress and continued growth in 2020 and beyond.” During these challenging times, we are seeing a true dynamic shift in air travel due to the coronavirus. The Company does not believe that this shift will change as the severity and restrictions specific to the pandemic are likely becoming the “new normal” for the foreseeable future. Wealthy individuals, families and their elderly parents who were wealthy enough to fly privately in the past and yet did not, are now all starting to fly private jets in order to avoid the myriad of health risks linked to airports and air travel. Arguably, those individuals who were previously only considering the option of private travel are now much more likely to budget for the extra expense for the sake of safety and health. Safety and security are of paramount importance now more than ever. Individuals are more willing to spend more money in the current environment if it ensures a certain standard and level of protection from the virus. Once again, this is going to be a permanent shift in the mentality of the private jet flier, and, also opens up the market to many more potential private jet consumers. As states and countries begin to open up, JETR’s management believes that the demand for private aviation will be even stronger than it has been in the last 3 months. The Company is equipped to manage an increased demand in private air travel bookings and prepared to scale the business accordingly. As a result of Covid-19, a fundamental change in the buying behavior of the luxury traveler continues to occur, and the Company anticipates the demand for private jet travel to increase its revenue now and in the immediate future. Furthermore, The Company’s management team engaged an auditing firm to do the 2018 and 2019 audits in order to up-list onto the OTCQB, with an expectation that the audits and up-listing can be accomplished in the second half of 2020. Our Conclusion... JETR has a small market cap of just under $6m and a tiny float. The Company recently announced huge revenue news and we think this is going to be a major catalyst for weeks to come. JETR operates in the private jet industry that is booming because of Covid-19, and it is expected to continue to do well even when travel restrictions ease and commercial flights slowly return to a "new normal". The chart is screaming breakout and with current momentum seemingly unstoppable, who knows how high JETR could go. Get JETR on your screen immediately and be ready for the opening bell. All the best. SmallCapMomo.com picks@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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