Statistically It’s Dumb Idea to Chase Momentum

Genie Energy (GNE) has been up for so many days in a row that statistically anybody chasing it here as a short-term trade has a high likelihood of losing money. Over the long-term, GNE will become a $30 stock for sure, but any gains made by GNE moving forward will be GREATLY outperformed by Zedge (ZDGE).

Do you understand GNE and ZDGE were founded by the same family?

If you got into GNE at our suggestion price of $5.44 per share you are making a killing, but we have a feeling most people are entering GNE right now for the very first time and will be chasing ZDGE and entering it for the very first time after it breaks $5 per share. It is very sad!

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. This message is meant for informational and educational purposes only and does not provide investment advice.