PBX almost to the bottom?POSsible reversal in a few days, I Wanna know what happens.For my own personal interest that i learned from a penguinby LocalFarmer0
PBX.CA: Bullish Flag (49%), Bullish Flag (150%)Primary Target (short term): Bullish Flag (49%) PT = 1.79$ Secondary Target (Long term): Bullish Flag, awaiting confirmation (150%) PT = 2.43$Longby LeLaf2
PBX.V -- Undervalued automotive fintec providerPBX.V is experiencing rapid growth in sales but is currently caught in wider market headwinds. The fundamentals will take over at some point. -- PowerBand Posts Record 44 Percent Gross Sales Increase in March PowerBand exceeds 2020 gross sales in first quarter of 2021 as the DRIVRZ™ virtual marketplace captures greater market share VANCOUVER, BC / ACCESSWIRE / April 6, 2021 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) ("PowerBand", "PBX" or the "Company") posted record gross sales in March 2021 of CDN $11.5 million, a 44 percent increase over gross sales in the previous month. The Company - leading the transformation of automotive retail via their virtual marketplace is also happy to report year-to-date 2021 gross sales of CDN $26.3million. This means the Company has already exceeded the entire annual gross sales for 2020 of CDN $21.7million by CDN $4.6 million, or 21 per cent. (Non-IFRS measures) First quarter reporting also shows a month-over-month average growth rate of 31%. Also, of note, the gross margin for the period remained consistent in the range of 60% to 65%. "We have reported the best sales growth in our history in the first quarter of 2021," said CEO Kelly Jennings. "It is apparent that more drivers and automotive dealers are learning about - and using - DRIVRZ™, our virtual marketplace that allows you to buy, lease, sell, auction, finance and insure a vehicle from any location. We make automotive retail as easy as using Amazon and people appreciate that." DRIVRZ™ is expected to reach millions more drivers and thousands of automotive dealers in the months ahead as PowerBand prepares to kick off a national promotion campaign on MotorTrend.com, the popular automotive brand that attracts 12 million visits a month. That campaign is scheduled to begin in April. The Company also anticipates further growth from the DRIVRZ™ consumer-to-consumer virtual auction portal, branded DrivrzXchange, which was also launched in March in northwest Arkansas. That pilot will be expanded to regional and national markets in the months ahead. In addition, the DRIVRZ™ leasing and financing components are operating and will also be promoted through the MotorTrend campaign. "We believe DRIVRZ™ will continue to accelerate our growth in the second quarter of 2021," said Jennings. "We want to thank our dedicated team and our shareholders for their support as we track toward profitability and making DRIVRZ™ the leader in internet driven automotive retail." Longby wealth_bakeryUpdated 4
PBX.CA: Bullish Pennant (46%)Bullish Pennant (46%) Pros: Volume during post formation Descending volume during triangle formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 4 250RSI above 50 200MA ascending Target: PT = 2.04$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do your own due dilligence. This is not financial advice Stay Humble, have fun, make money! Education: www.dailyfx.com Longby LeLaf5
2 year project finally coming online, Long into 2021Powerband Solutions Canadian Listing TSXV:PBX , US Listing :PWWBF , has made significant moves in 2020 , a few big bursts from $0.055 /$0.075 cent area up to the $0.32 cent area. drivrz.com The recent pullback to the $0.19 cent area formed a higher low (also held 50% of price) but needs a push and hold above $0.275 as price has not traded very long all year above this zone (Orange horizontal lines ) DRIVRZ App is expected to fully launch Mid Q1 2021 ( February sometime) and we will get a small taste of Live Online Auction + MUSA Leasing in Q3 2020 earnings expected Nov 30th. Will have roughly 30 days worth of visibility in the Q3 report (nov 30) as most of that went live Late Jul 2020. DRIVRZ app is the key here , access to 4.5 Million vehicles , 67 Million views from CB AUTO Group alone, the ability for private sellers to live auction their vehicle to 1000's of dealers and millions of consumers, helping to get top dollar for their vehicle. For Dealers, the ability to have up to the minute Artificial Intelligence analytics, helping to manage dealer inventory ( what's hot , what's not) , and driving customers to their showrooms. Dealers will have more direct access to purchase private sale vehicles , rather than fight other dealers for wholesale auction bidding. Currently 11 Million Private sales never even reach dealers. Taking $0.325 cents minus $0.075 = $0.245 Add $0.245 to $0.32 = Target $0.565 With 160 million shares outstanding this is still only a $90 Million Cnd Market cap Company at $0.565 or roughly $63 Million USD Cars.com CARS traded as high as $34 USD or $2.2 Billion not long ago and now sits at $600 Million USD , it too is cheap Too many dealers having issues finding good used cars to replenish inventory, having issues with expensive TV ads now that many are cutting the cord. Dealers are also having issues with search engine advertising to drive traffic to their showrooms , as it is costly and the Click Through metrics are murky at best. They prefer to spend their budgets where consumers are currently actively searching to buy and are known to be . That's what DRIVRZ is building, an active eco system for buyers and sellers without the need to carry any vehicle inventory, the Air BNB of Auto (no carrying costs, just transaction enabling but with SaaS Ai for dealers and Leasing technology to help buyers get financed if they choose. (Powerband Solutions) 2021 will be the year this company gets recognized and why I think it's a long position with plenty of upside. Longby Vitalsigns113
$PBX - Powerband Solutions - DailyAmazing run thus far but is overbought and needs to cool off imo. Looking to add in the purple range with a stop loss below .20 cents. by Bird_Dog8