This company is currently trying to add to it's current portfolio of Spa Centers located in airport terminals (post TSA checkpoints) to become testing centers for COVID.
Current news is that there are pilot programs going on, but the only location that seems to have actually started this program is the JFK airport.
I know they are in a lot of the major airports across the country and world so there is a big opportunity for them if they play their cards right.
Once the news hits that they are testing thousands of airport employees daily (pilots, maintenance crews, TSA employees, and potentially antibody testing).
This speculative play has a big upside and low downside as this was a 2 dollar stock prior to COVID, just operating as a spa in airports that will eventually get foot traffic back.
ALSO they have been diluting to raise capital so this has been keeping the stock price down with all the selling in the market. This should end soon and remove the selling pressure.
Do your own due diligence, IMO buying around 0.50 or below, if it closes below 0.48 they are in trouble. But I believe with the hype and dilution slowing down we see it hold 0.48.
PRICE TARGET: $1.00+
All it would take is 1 Press Release saying they will be testing all the pilots and TSA members as a matter of national security or Trump mentioning testing at airports during a conference to BLAST OFF.
DISCLAIMER: I AM NOT YOUR MONEY MANAGER, THESE ARE MY OPINIONS AND NOT SOLICITED FINANCIAL ADVICE. TRADE AT YOUR OWN RISK AND KNOW WHAT YOU OWN.
P.S. If you are worried about R/S you should not be. The vote was to have the ability to R/S if need be. Compliance date isn't until Sept. one new contract and we are solidly above $1 it boils down to a nothing-burger.