I've got some important news today regarding our favorite Human Augmentation play: Ekso Bionics Holdings Inc. (OTCMKTS: EKSO).
The company made a major announcement last week that's proof positive Ekso is on track and progressing nicely as expected. It's also something I'm extremely excited to see, for reasons I'll tell you about in a minute.
But first, I want to start by telling you what's happened and what it means for your money.
I told you this was probably in the cards a while back so this shouldn't come as a surprise. It's a great sign of things to come and an important development for both the company and your investing dollars.
What you need to do:
What you will see on your brokerage statement:
What will happen to your shares, options, and warrants:
What's next:
What this means for your money:
Uplistings and reverse splits for growing companies like Ekso are a fabulous development because they mean the company is taking the steps needed to attract not only more capital, but much bigger amounts of it. Both can be harbingers of higher prices ahead.[mmpazkzone name="in-story" network="9794" site="307044" id="137008" type="4"]Let me explain.
Many institutional investors have specific price thresholds under which they cannot invest. So, despite the fact that they've got billions of dollars that need to be put to work, certain stocks are simply off limits if they're too inexpensive.
However, when a stock uplists, the new price often exceeds the threshold, which means that previously off-limits capital is suddenly fair game because the new price now meets the minimum price standard.
The other thing to think about is that uplisting isn't easy. That's important because the uplisting process effectively sorts the cash from the trash by acting as a de facto filter. Better companies list on better, more recognized exchanges where there is significantly more liquidity and, generally speaking, a far broader potential shareholder base. Inferior companies typically remain on over-the-counter (OTC) exchanges.
And, finally, better exchanges and higher liquidity translates into superior price discovery and better trading action. That's because a higher tier exchange makes it harder for day-traders, pump and dumpers, and other short-term penny bandits to ply their trade at your expense. Longer-term fundamentals, in other words, really start to matter.
Speaking of which, Ekso will release Q1 numbers today (Tuesday, May 10) after the bell. There will be a corresponding conference call starting at 4:30 p.m. ET, during which company officers will discuss business results and new developments. Obviously, I'll be listening in.
I'm very excited to see what's happening with the latest studies, FDA approvals, and clinical trials. I'm also keen to understand how the company is progressing with regard to both military and industrial markets.
You?
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Editor's Note: Ekso Bionics is on track to generate massive returns for investors, and it's only one of Keith's many plays driven by the Unstoppable Trends. He's just discovered another Unstoppable investment, and this one is poised to make 420% gains by the end of this election season. Get the full report, completely free, right here.
About the Author
Keith is a seasoned market analyst and professional trader with more than 37 years of global experience. He is one of very few experts to correctly see both the dot.bomb crisis and the ongoing financial crisis coming ahead of time - and one of even fewer to help millions of investors around the world successfully navigate them both. Forbes hailed him as a "Market Visionary." He is a regular on FOX Business News and Yahoo! Finance, and his observations have been featured in Bloomberg, The Wall Street Journal, WIRED, and MarketWatch. Keith previously led The Money Map Report, Money Map's flagship newsletter, as Chief Investment Strategist, from 20007 to 2020. Keith holds a BS in management and finance from Skidmore College and an MS in international finance (with a focus on Japanese business science) from Chaminade University. He regularly travels the world in search of investment opportunities others don't yet see or understand.