by zedsamcat | November 11, 2019 4:27 pm
Hello Gumshoe Team!
In a few hours of annoying research, I believe I was able to figure out what Matthew Carr[1] is teasing in his “VIPER Alert[2]” Newsletter. He believes in a 41-fold gain, setting an Oxford Club[3] record. He starts with his usual flexes of how good these scores are at predicting the stocks activity. He uses his “V-Score” to figure out which stocks are hot and which ones aren’t. Stocks with a V-Score under 70 aren’t worthwhile, one between 70-80 are excellent, 80-90 is outstanding, and 90+ is worth more than gold[4]. The stock mentioned has a score of 98.89.
What he gives us to is “The company in my crosshairs is a wildly successfully insurance company with a $697 Million market cap.” It isn’t a whole lot to go off of, but, using GuruFocus, and some of his VIPER criteria, I was able to find out which stock he is teasing. The stock he is teasing is Trustco Group Holdings (Ticker OTC:TCHSY and NASDAQ:TRST). After doing some math for the market cap, the shares on the OTC market are trading for $60 so the would have to go to nearly $2500, although the NASDAQ listing would put the pricing as of September 2016, or when the market cap would match the price. The price then was around $7.20. It now trades for $8.20 or, not a 41-fold gain. For a 41-fold gain the price would have to $287.
Thanks!
zedsamcat
Source URL: https://www.stockgumshoe.com/2019/11/microblog-viper-alert-teaser-revealed/
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Congratulations zedsamcat on the win and for introducing Trustco Group Holdings (Ticker OTC:TCHSY and NASDAQ:TRST) to the Gummunity! Best!
Can you please tell us the name of the Crypto stock being teased by Matthew Carr in his VIPER newsletter.