Change Your Tactics on EKSO to Keep Ahead of Wall Street
Dear Total Wealth Investor,
Most investors operate in “set it and forget it” mode. They buy a stock and then just let it ride.
That’s a mistake.
Either the markets will change over time, in which case you’ve got to re-evaluate your objectives, or – as is frequently the case with small, innovative companies – the company itself changes, in which case you’ve got to adapt your tactics to stay ahead and on the path to profits.
I bring this up because the latter is where we are today with Ekso Bionics Holdings Inc. (OTC:EKSO), the little company we’re targeting as part of the Human Augmentation trend.
On Thursday, October 2, Ekso announced that it was selected by Boston Dynamics, which is a part of Google Inc. (NasdaqGS:GOOG), to continue developing defense-related technologies for the DARPA Warrior Web Task A project. This is great because it’s an extension of a previous collaboration – and important validation that Ekso is on the right track.
Given the stock’s strong response last week (and today) and the potential for more media excitement around the extended contract with Google and other projects just like it that are undoubtedly on the drawing board, I think you’re going to want to adapt your tactics to stay ahead of other investors on the path to profits.
Here’s what to do:
- Cancel any lowball orders you have to buy the other 50% of your EKSO position at 75 cents.
- Instead, plan on adding to your EKSO position over the next two months, buying 25% at a time, until you’ve established a full 100% position.
That way you’ll defeat day traders who would otherwise love to separate you from your money. You’ll also be forced to “buy low and sell high” by taking advantage of market volatility that frustrates most investors who seek the kind of potential Ekso offers.
By the way, Ekso is still a “buy” at market, even though it’s pushed above $1.00/share. And my position sizing and stop instructions remain the same.
My team has updated the report to reflect our change in tactics (on p. 16-17). Click here to download it again. And I’ll be back with you soon.
Best regard for great investing (and greater profits),