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SteadyTrade Treats 🍭 ONE BILLION DOLLARS

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 21 August 2020

⏱️ 9 minutes

🧾️ Download transcript

Summary

Good morning and happy Friday to all penny stock traders alike.Tune into this morning’s edition of SteadyTrade Treats for news and insight on the hottest penny stocks of the day.In today’s episode, Bryce Tuohey talks about what to keep on your radar moving into the end of the week, with hot runners like GEVO and TOPS.

Transcript

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0:00.0

All right, good morning, steady trade treats listeners. It is Friday morning, and this is your Friday version of steady trade treats. I am your host, Bryce Toey. Today, I am actually not joined by Matt Monaco. He's busy working, respectful, and understandable. So I will be doing this one solo. Wish me luck. I don't have anyone to back me up with witty comments and jokes, but that's okay. And luckily, we're not talking about OTC's study because I don't know if you guys have seen the OTC market has been pretty slow. So, though, honestly, the entire market's been relatively slow and we've been talking about this for a week or two now. But there have been, there were some crazy runners today. Again, today is August 20th. It is a Thursday with

0:38.1

the day I'm recording this, and this will release tomorrow. But I think these are stocks that

0:41.4

will definitely have potential tomorrow, at least one of them. And I think you already know what

0:44.9

I'm talking about. Before we get into this, again, not investment advice. This is for

0:49.3

information and educational purposes. Let's get right into it. We're going to start off with

0:53.7

the clear

0:54.8

hottest runner of the day, probably the hottest runner of the week, Jivo, G-E-V-O. This one,

1:01.1

this one was a really interesting one. It gapped up this morning. It was trading around, or yesterday,

1:06.8

I'm sorry, was trading in the 50, the mid-50s, 50-cent area. Today, hit a high of 218. Crazy move.

1:14.0

It ended the day up roughly, well, right now as I'm watching after hours, it's up 280%. God,

1:23.0

it's currently trying to want to test highs at 209. So let's dig into the news about this and what to expect for the coming day or days.

1:31.8

So essentially the news that was released this morning is that GBO announced today that it

1:35.7

has entered into a binding renewable hybo cargions purchase and sales agreement dated August 17th.

1:41.4

With Trafigure Trading LLC, a wholly owned subsidiary of Trifigure Group,

1:47.3

PTE. It's a long-term take-or-pay contract and is the largest contract in GIVO's history.

1:52.5

Trafigure is one of the world's largest leading independent commodity trading companies with over

1:57.6

$171 billion in revenue and assets.

2:02.9

So essentially, again, it's just an agreement,

2:07.4

but this sale actually brought Givo $1.5 billion in revenue with long-term contracts.

2:08.6

That's great news for a penny stock company.

2:10.5

Again, what 50-cent stock do you see that gets $1.5 billion in revenue?

2:15.5

Not a whole lot, especially considering the market cap of this

...

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