Blink Charging (BLNK) insiders are rushing for the exit. For the last three days straight a director of BLNK sold 60,000 shares totaling a sale of 180,000 shares worth $9,455,688. They know that BLNK is temporarily inflated because it is the only "EV charging" stock at this time, but this will change in two weeks when the dominant market share leader in the EV charging space ChargePoint goes public. Very few people know that ChargePoint will begin trading in two weeks but when it does nobody will want to own BLNK at 522X revenue when they will be able to invest into ChargePoint a much faster growing, higher quality company that will be trading for only 87X revenue. You are going to see the floor pulled out from under BLNK two weeks from now!
Tootsie Roll (TR) still hasn't once been mentioned by the mainstream media as a short squeeze stock. How does CNBC not realize that by talking about Gamestop 24/7 they are the ones who keep squeezing it higher? As companies like AMC Entertainment (AMC) begin to take advantage of the situation by printing new shares and diluting the market, we believe the focus will soon shift away from Gamestop and AMC and on to TR as the #1 biggest short squeeze play because it by far has the strongest fundamentals out of all of these companies. There is no chance of TR diluting the market because they have been repurchasing stock for 24 consecutive years!
AH Belo Corp (AHC) is Texas’ oldest continually operating company and owns the Dallas Morning News, the #1 largest newspaper in Texas! Last quarter, AHC's digital-only subscribers to www.dallasnews.com grew by 38.8% year-over-year to 46,723. The 13,066 digital-only subscribers added by AHC over the last twelve months is more than double the 6,116 digital-only subscribers that were added by AHC during the prior twelve month period! Last quarter, AHC reported a net loss of ($98,000) vs. a net loss of ($4,005,000) in the year-ago quarter. The investment community is totally unaware that AHC is on the verge of becoming profitable! It is insane that AHC's enterprise value at $2.60 per share is less than $12.5 million when it has $160.3 million in revenue!
AHC has a cash position of $43.17 million and no debt! In June of 2021, AHC's cash position is likely to increase by $22.77 million because they own a note receivable that is scheduled to mature! This note receivable is fully secured by the value of AHC's former corporate headquarters in Dallas that it sold in 2019 for $28 million!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 70 BLNK February 26th $50 put options. He intends to sell his contracts in the future for a profit. This message is meant for informational and educational purposes only and does not provide investment advice.