Bergio International, Inc. (BRGO)
Alert Price: $0.04
Float: 8.56M
Technical Analysis
We ended last week with a two-day +30% winner.
Our trade alert prior to that more than doubled in price in just a few days.
You'll be happy to know that we have just discovered another exciting trade idea with triple-digit gain potential.
Please turn your immediate attention to Bergio International, Inc. (BRGO).
Bergio, is one of the most coveted brands of fine jewelry. Established in 1995, Bergio’s signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe.
When designer and CEO, Berge Abajian, creates a collection, he looks well beyond the drawing board. Berge focuses on the woman who will ultimately wear his pieces, bringing to creation a magnificent piece of jewelry that reflects the beauty and vitality a woman possesses. Bergio creations are a seamless blend of classic elegance and subtle flair, adding to a woman’s charm while never overpowering her.
BRGO appears to be extremely oversold/undervalued at the moment.
On Friday BRGO witnessed a huge selloff, setting up one of the most attractive bounce opportunities that we have seen in quite some time.
Shares of BRGO seemed to have found their bottom, and with its razor thin float of just 8.56M, we could see huge move from this highly volatile ticker.
The Bullish Case For BRGO
Chart is trending bullish
Is operating in a sector that is set for growth
Has a razor thin float
Has tremendous upside potential
Sitting on a bottom'd out chart
We have a feeling that BRGO could be our next trade idea to more than double in price.
That being said, we ask that you add it to the top of your watchlist immediately, and be ready to trade at 9:30AM EST.
About Bergio International, Inc.
The Bergio brand is our most important asset. The Bergio brand is associated with high-quality, handcrafted and individually designed pieces with European sensibility, Italian craftsmanship and a bold flair for the unexpected. Bergio, is one of the most coveted brands of fine jewelry. Established in 1995, Bergio's signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. As President, CEO and Head Designer of Bergio, Berge Abajian performs a highly successful balancing act, accomplished with equal parts precision and passion. An informed and inspirational leader, Berge directs the company with the eye and soul of a designer and the mind of a businessman. The role that is perhaps closest to his heart, however, is that of designer. With family jewelry roots reaching back the 1930s, Berge is a third generation jeweler and a purist when it comes to design. Berge's understanding of every aspect, in both design and manufacturing, creates collections that are nothing short of peerless in craftsmanship and style. Berge creates a collection, he looks well beyond the drawing board. Berge focuses on the woman who will ultimately wear his pieces, bringing to creation a magnificent piece of jewelry that reflects the beauty and vitality a woman possesses. Bergio creations are a seamless blend of classic elegance and subtle flair, adding to a woman's charm while never overpowering her.
It is our intention to establish Bergio as a holding company for the purpose of establishing retails stores worldwide. Our branded product lines are products and/or collections designed by our designer and CEO Berge Abajian and will be the centerpiece of our retail stores. We also intend to complement our own quality-designed jewelry with other products and our own specially-designed handbags. This is in line with our strategy and belief that a brand name can create an association with innovation, design and quality which helps add value to the individual products as well as facilitate the introduction of new products.
For further information please visit our website at www.bergio.com.
BRGO Could See A Substantial Increase In Revenue
Bergio International Implementing A New Direction
Last month the Company reported that it is implementing a new direction to improve revenues. Bergio will be launching its own live channel direct to consumer to be broadcasted live 3 times a week from its store location in the Ocean Casino Resort in Atlantic City NJ. The launch date will be predicated on opening of the casino. We anticipate being up and live within 30 days unless there are additional delays from the State.
Berge Abajian, CEO of Bergio stated "the introduction of our online live broadcast is a great addition to our existing business. We have succeeded in transforming our business the past 5 years from strictly wholesale to selling direct to consumer. This platform provides us the opportunity to penetrate the worldwide market. My vision and direction, which was painful to execute, has moved us in the right direction. Our gross margins have increased tremendously and are operating expenses are under control, providing for a highly leveraged company. We believe that revenues will increase as a result of this new strategy and provide improved profitability in the future. While jewelry market has experienced a modest downturn which has caused a decline in our revenues, this new platform should allow and provide more worldwide market penetration. Bergio is ready for the future as we have worked hard on our product mix and added accessories & Silver Fashion Jewelry in 2019 with a great price point that gives our consumer base a large selection to pick from."
CEO Paints Positive Outlook For The Future
The Company continues to position itself for the future to take advantage of the Bergio brand and establish a chain of retail stores worldwide.
Mr. Berge Abajian, President & CEO stated "this was a difficult quarter and our business has been impacted by the pandemic. However, we are expanding our online presence and have been experiencing some positive results, which we believe will be reflected in the second quarter results, but it is too early to assess the real impact. The Company continues to position itself for the future to take advantage of the Bergio brand and establish a chain of retail stores worldwide. Our branded product lines are products and/or collections designed by our designer and CEO Berge Abajian and will be the centerpiece of our retail stores. We also intend to complement our own quality-designed jewelry with other products and our own specially-designed handbags. This is in line with our strategy and belief that a brand name can create an association with innovation, design and quality which helps add value to the individual products as well as facilitate the introduction of new products with higher profit margins."
"While the impact of the pandemic still provides some uncertainty, we continue to be excited about our future. The Company has leveraged itself such that as sales increase a larger portion of dollars will flow to the bottom line."
"The Company continues to pursue additional financing opportunities. Financing discussions have been taking place with various parties, but the Company has no firm commitment from any party to provide additional funding at this time."
He added, "I appreciate all the support from our shareholders and wishing all to stay safe through these unprecedented times, with a bright future is ahead".
We could be at the start of a major turnaround for BRGO.
Those who start building a position in BRGO now could be handsomely rewarded in the very near future.
Market Outlook
The value of the jewelry market is expected to increase from about 279 billion U.S. dollars in 2018 to about 480.5 billion dollars by 2025.
The Global Online Jewelry Market is expected to grow by $ 19.88 bn during 2020-2024 progressing at a CAGR of 15% during the forecast period
Technical Analysis
BRGO Could See A Major Reversal
We've done our very own technical analysis, and see the potential for an over +200% move from here.
Bullish Indicators:
RSI On Uptrend Support
Market Weakness Brought Panic Selling, Stock Now Sitting On Long-Term Support, Offering Huge Upside Reversal Potential
Histogram In Bullish Divergence To Price
BRGO is no stranger to big time single-session moves.
One just has to examine its price history, to see that this ticker can run like the wind.
On 6/25 shares ran up over +96% from $0.0402 to $0.0789.
On 6/23 shares ran up over +272% from $0.0403 to $0.15.
On 5/19 shares ran up over +308% from $0.0333 to $0.136.
On 5/14 shares ran up over +249% from $0.04 to $0.1399.
As you can see, BRGO can move fast and move big!
Those looking for a trade with monster gain potential need not look any further than BRGO.
The Bottom Line
This could be the biggest bounce opportunity of the summer.
BRGO has a razor thin float, and a proven history of big moves.
The Company appears committed to a turnaround, and we have a bullish outlook for BRGO.
As we mentioned above, this could easily be our next trade idea to double in price, so we suggest you start your research now, and add it to the top of your watchlist immediately.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.) Best regards
Alert Price: $0.04
Float: 8.56M
Technical Analysis
We ended last week with a two-day +30% winner.
Our trade alert prior to that more than doubled in price in just a few days.
You'll be happy to know that we have just discovered another exciting trade idea with triple-digit gain potential.
Please turn your immediate attention to Bergio International, Inc. (BRGO).
Bergio, is one of the most coveted brands of fine jewelry. Established in 1995, Bergio’s signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe.
When designer and CEO, Berge Abajian, creates a collection, he looks well beyond the drawing board. Berge focuses on the woman who will ultimately wear his pieces, bringing to creation a magnificent piece of jewelry that reflects the beauty and vitality a woman possesses. Bergio creations are a seamless blend of classic elegance and subtle flair, adding to a woman’s charm while never overpowering her.
BRGO appears to be extremely oversold/undervalued at the moment.
On Friday BRGO witnessed a huge selloff, setting up one of the most attractive bounce opportunities that we have seen in quite some time.
Shares of BRGO seemed to have found their bottom, and with its razor thin float of just 8.56M, we could see huge move from this highly volatile ticker.
The Bullish Case For BRGO
Chart is trending bullish
Is operating in a sector that is set for growth
Has a razor thin float
Has tremendous upside potential
Sitting on a bottom'd out chart
We have a feeling that BRGO could be our next trade idea to more than double in price.
That being said, we ask that you add it to the top of your watchlist immediately, and be ready to trade at 9:30AM EST.
About Bergio International, Inc.
The Bergio brand is our most important asset. The Bergio brand is associated with high-quality, handcrafted and individually designed pieces with European sensibility, Italian craftsmanship and a bold flair for the unexpected. Bergio, is one of the most coveted brands of fine jewelry. Established in 1995, Bergio's signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. As President, CEO and Head Designer of Bergio, Berge Abajian performs a highly successful balancing act, accomplished with equal parts precision and passion. An informed and inspirational leader, Berge directs the company with the eye and soul of a designer and the mind of a businessman. The role that is perhaps closest to his heart, however, is that of designer. With family jewelry roots reaching back the 1930s, Berge is a third generation jeweler and a purist when it comes to design. Berge's understanding of every aspect, in both design and manufacturing, creates collections that are nothing short of peerless in craftsmanship and style. Berge creates a collection, he looks well beyond the drawing board. Berge focuses on the woman who will ultimately wear his pieces, bringing to creation a magnificent piece of jewelry that reflects the beauty and vitality a woman possesses. Bergio creations are a seamless blend of classic elegance and subtle flair, adding to a woman's charm while never overpowering her.
It is our intention to establish Bergio as a holding company for the purpose of establishing retails stores worldwide. Our branded product lines are products and/or collections designed by our designer and CEO Berge Abajian and will be the centerpiece of our retail stores. We also intend to complement our own quality-designed jewelry with other products and our own specially-designed handbags. This is in line with our strategy and belief that a brand name can create an association with innovation, design and quality which helps add value to the individual products as well as facilitate the introduction of new products.
For further information please visit our website at www.bergio.com.
BRGO Could See A Substantial Increase In Revenue
Bergio International Implementing A New Direction
Last month the Company reported that it is implementing a new direction to improve revenues. Bergio will be launching its own live channel direct to consumer to be broadcasted live 3 times a week from its store location in the Ocean Casino Resort in Atlantic City NJ. The launch date will be predicated on opening of the casino. We anticipate being up and live within 30 days unless there are additional delays from the State.
Berge Abajian, CEO of Bergio stated "the introduction of our online live broadcast is a great addition to our existing business. We have succeeded in transforming our business the past 5 years from strictly wholesale to selling direct to consumer. This platform provides us the opportunity to penetrate the worldwide market. My vision and direction, which was painful to execute, has moved us in the right direction. Our gross margins have increased tremendously and are operating expenses are under control, providing for a highly leveraged company. We believe that revenues will increase as a result of this new strategy and provide improved profitability in the future. While jewelry market has experienced a modest downturn which has caused a decline in our revenues, this new platform should allow and provide more worldwide market penetration. Bergio is ready for the future as we have worked hard on our product mix and added accessories & Silver Fashion Jewelry in 2019 with a great price point that gives our consumer base a large selection to pick from."
CEO Paints Positive Outlook For The Future
The Company continues to position itself for the future to take advantage of the Bergio brand and establish a chain of retail stores worldwide.
Mr. Berge Abajian, President & CEO stated "this was a difficult quarter and our business has been impacted by the pandemic. However, we are expanding our online presence and have been experiencing some positive results, which we believe will be reflected in the second quarter results, but it is too early to assess the real impact. The Company continues to position itself for the future to take advantage of the Bergio brand and establish a chain of retail stores worldwide. Our branded product lines are products and/or collections designed by our designer and CEO Berge Abajian and will be the centerpiece of our retail stores. We also intend to complement our own quality-designed jewelry with other products and our own specially-designed handbags. This is in line with our strategy and belief that a brand name can create an association with innovation, design and quality which helps add value to the individual products as well as facilitate the introduction of new products with higher profit margins."
"While the impact of the pandemic still provides some uncertainty, we continue to be excited about our future. The Company has leveraged itself such that as sales increase a larger portion of dollars will flow to the bottom line."
"The Company continues to pursue additional financing opportunities. Financing discussions have been taking place with various parties, but the Company has no firm commitment from any party to provide additional funding at this time."
He added, "I appreciate all the support from our shareholders and wishing all to stay safe through these unprecedented times, with a bright future is ahead".
We could be at the start of a major turnaround for BRGO.
Those who start building a position in BRGO now could be handsomely rewarded in the very near future.
Market Outlook
The value of the jewelry market is expected to increase from about 279 billion U.S. dollars in 2018 to about 480.5 billion dollars by 2025.
The Global Online Jewelry Market is expected to grow by $ 19.88 bn during 2020-2024 progressing at a CAGR of 15% during the forecast period
Technical Analysis
BRGO Could See A Major Reversal
We've done our very own technical analysis, and see the potential for an over +200% move from here.
Bullish Indicators:
RSI On Uptrend Support
Market Weakness Brought Panic Selling, Stock Now Sitting On Long-Term Support, Offering Huge Upside Reversal Potential
Histogram In Bullish Divergence To Price
BRGO is no stranger to big time single-session moves.
One just has to examine its price history, to see that this ticker can run like the wind.
On 6/25 shares ran up over +96% from $0.0402 to $0.0789.
On 6/23 shares ran up over +272% from $0.0403 to $0.15.
On 5/19 shares ran up over +308% from $0.0333 to $0.136.
On 5/14 shares ran up over +249% from $0.04 to $0.1399.
As you can see, BRGO can move fast and move big!
Those looking for a trade with monster gain potential need not look any further than BRGO.
The Bottom Line
This could be the biggest bounce opportunity of the summer.
BRGO has a razor thin float, and a proven history of big moves.
The Company appears committed to a turnaround, and we have a bullish outlook for BRGO.
As we mentioned above, this could easily be our next trade idea to double in price, so we suggest you start your research now, and add it to the top of your watchlist immediately.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.) Best regards