$PSRU Gaining Traction as Emerging OTT Streaming Content Play

PSRU shares have started to click in recent action.

Given that we are on the other side of a recent reverse split, one would imagine the float is now very small, and one would be right. The outstanding share total is now, according to the company’s recent shareholder letter, under a million shares (at 946k shares). So, this is a race car. Any amount of new interest is going to zoom it up the chart.

Inside of that reality, the pattern is also quite attractive, with recent gains moving shares above the “trend” 50-day simple moving average. Volume took off during the run higher, which added about 200% to the market cap in the past two weeks. But this is still well within the consolidation range.

The big move would be a breakout above the range highs in the $0.50/share zone.

---------------------------------------

PSRU (Valiant Eagle Inc.) is a publicly traded corporation focused on the energizing of celebrity entertainment, social media and TV communications. VE aims to achieve an unparalleled advancement towards media through music, sports and, with respect to the millennial generation, through technology.

Technology is an important part of our life especially in the last century more than ever. With benefits such as speed, accuracy, unlimited information and more, the internet has provided various means of communicating without delay nor difficulty. However, a level of consumer satisfaction has yet to be reached. Valiant Eagle, Inc. looks to fill this void.


Key Points:
• PSRU is establishing a powerful diversified media presence, with online streaming OTT content, access to Roku audiences, original content pieces, fresh ad revs, and a growing audience.
• PSRU global OTT streaming market to grow from $104.11 billion in 2019 to $161.37 billion in 2020 at a compound annual growth rate (CAGR) of 55.0%.
• PSRU is making real money, with trailing revs already coming in at $286K.
• PSRU is starting to see major topline growth, with quarterly y/y revs increasing at 59%.
• PSRU just got past a big reverse split and could be looking to uplist before too long, which is often a step that follows this type of RS
• PSRU is coming off an RSI trough under 50, and broke above its 50-day MA.
• PSRU just shaved outstanding shares down to just 946K, suggesting any new interest could vault the stock on an extremely light float.


Valiant Eagle Inc. (OTCMKTS:PSRU) is going to hit a lot of radars following its makeover. We often see stocks gain a foothold on new interest following a name change and reverse split. The float it tightened up and the company is more coherent and cohesive as a story for traders and investors.

The float here is at most 900k shares. And the story is leveraging a lot of excitement going on in the OTT media space, with analysts looking for big growth in that area, likely helped along by the pandemic lockdowns we seem to be navigating possibly through year end.

This is a first-rate OTT media play with multiple active subsidiaries generating real audiences and real ad revenues. We are already seeing growth, with 59% topline y/y growth in last report, new deals suggest acceleration in place. It is also putting out substantial new content in high-growth target markets in the coming near-term.