Panicked investors sold off stocks again over concern about the spreading coronavirus pandemic. Stocks are massively oversold. A bounce is coming. Fear has gripped the markets to such an extent that anyone left with a sober mind sees opportunity across the board. Bears are going to hibernate for a couple of weeks. That means it’s time to slowly start buying stocks that have lost over 50% of their value in the rout. Whatever happens, the economy will bounce back, and the stock market with it. A good time to buy low.
The coronavirus outbreak is a short-term problem, and American Premium Water Corp. (OTC: HIPH) is a long-term winner.
American Premium Water Corp. (OTC: HIPH)
Current Price: 0.0013
Despite the announcment that it has executed an agreement to acquire domestic distribution rights for Q4 Sports which is expected to generate over 1 million in revenue in 2020, a company like American Premium Water Corp. (OTC: HIPH) still trades at yearly lows down 80% from the highs. The U.S based cannabis company has a strong CBD products lineup to fuel growth for the next few years.
The Company also announced that Canyon Create’s varicose vein cosmetic treatment, Vanexxe, is launching a new 1oz version available for sale on Walmart.com (https://www.walmart.com/ip/Vanexxe-Varicose-Vein-Support-Gel-1-Ounce/660299273). This product is being sold at a price point of $24.95, which is aimed to be at a more accessible level and on par with other ‘Over the Counter’ products, the category which Vanexxe will be positioned in the future.
American Premium Water Corp. has been expanding its international footprint in various markets including UK and is also in talk with south american countries like Mexico and Colombia.
In a recent press release, the company announced that it is engaged in discussions with distributors in Australia, Mexico, and Colombia to sell the Company’s products. Both CBD and non-CBD products will be sold to these distributors.
Goldman Small Cap Research, a sponsored research provider focused on microcap stocks, has issued a new research update. This update highlights the impact of the Company closing its distribution agreement with Q4 Sports (www.q4sports.com). In the sponsored research update, analyst Rob Goldman affirms his price target of $0.0125 and his investment thesis, noting that the news reflects a milestone event that is wide-reaching for the Company in terms of revenue, cross-selling opportunities, and a reach into new markets.
HIPH is trading at a discount compared to other players. And several upcoming catalysts could catapult shares higher. In our view, a bounce is all but guaranteed. Use this to your advantage to make some money back. Right now, all of the fear and negativity is priced in. That means, in the short-term, American Premium Water Corp. (OTC: HIPH) have nowhere to go but up.