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Good Morning Trader!
Just a recap from last night’s email...
My last 2 ideas of NNVC and BIZM are trading up 30% and 18% respectively from where I alerted them.
Yesterday, I personally cashed in $4800 of profit on my alert from last week and just bought 30,000 shares of TQLA which I think has serious potential from here.
I’m excited to see where this one ends up in the next few weeks.
As I said last night, the TQLA chart is as fresh as the first days of summer, without any of the usual technical indicators to tie it down:
While TQLA is already trading around lifetime highs, awareness of this stock is still building so I suspect it will get its share of “attention” in the near future.
Heck, a lot of charting services don’t even carry the ticker yet, so traders on those platforms must be chomping at the bit!
Just look at the recent spikes in volume and judge for yourself if the market is expecting a move higher soon?
Now before you’re ready to bet on a “blank check” chart like this, you probably want to know what TQLA actually makes.
Yes, TQLA has a real product that leaves a deeper impression than its technical situation... I’m talking TEQUILA, baby!
TQLA has been quietly selling a few bottles of award-winning agave in New York City and Los Angeles for about a year now.
About two weeks ago, they announced a deal to get its bottles into New Jersey and Florida liquor stores as well -- right before margarita season!
And the full-page ads are already ramping up in what they call “high-net-worth” magazines like the Robb Report. (Read more)
I don’t subscribe myself, but I’m told the magazine is a HUGE taste maker for high rollers looking to buy Jaguars, yachts . . . and top-shelf booze.
TQLA will be in there beside ultra-prestige brands like Moet and Don Julio! (Read more)
And should the brand take off from all the exposure, even ground-level traders may get to sip on a few fine wines as well!
Remember, ultra-premium tequila is a full-fledged CRAZE among the rich (Forbes) and yes, the famous. (Fox)
And summer trip you’ve been planning with the kids? Well, it just got more interesting as TQLA’s booze is even showing up at DISNEY World! (Read more)
The good stuff goes for $40 to even $2,000 per bottle so maybe TQLA doesn’t exactly have to go for volume with this crowd.
But they can go as big as they want. Bloomberg says the high-end tequila market is growing at double-digit rates every year.
Mind-melting statistic: 1 out of every 4 cocktails served in American restaurants is a tequila-laden margarita. (Read more)
So if 23 MILLION cases were shipping a few years ago -- and the hooch honchos say sales have expanded almost 16% a year since -- this is a HUGE market.
How many of those millions of $40-plus bottles does TQLA have to sell before the PPS goes loco? Where’s the market share “tipping” point?
Hard to say while TQLA is waiting for the results from New Jersey and Florida stores, but maybe today’s action will provide a few clues.
PennyStocksFinder
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