Geometry Dash APK Hill Climb Racing APK
64.4 F
New York
Sunday, June 13, 2021

Alpine 4 Technologies Ltd (OTCMKTS:ALPP) Looks to Maintain Critical Momentum

Must read

Auxly Cannabis Group Inc (OTCMKTS:CBWTF) Attempts To Recover After The Recent Move

Among the many sectors that have made a comeback in the stock markets this year, the comeback made by the cannabis sector...

Artificial Intelligence Technology Solutions (OTCMKTS:AITX) Looks RAD: Extends Rally

The artificial intelligence space has grown at a highly impressive rate over the past few years and nowadays, investors are increasingly looking...

Tesoro Enterprises, Inc. (OTCMKTS:TSNP) In Focus: Continues to Hit New Highs

If you are looking for stocks that have managed to record significant gains over the past couple of months or so then...

Artificial Intelligence Technology Solutions (OTCMKTS:AITX) Regains Momentum at a Critical Time

The artificial intelligence sector has grown at a breakneck pace over the course of the past half a decade or so and...

Stocks that make massive gains over a reasonable period of time cannot hope to maintain them forever. At some point, a correction is bound to come and that can come about for a number of reasons.

Alpine 4 Technologies Ltd (OTCMKTS:ALPP) has emerged as one of the biggest gainers over the course of the past months.

Recent Developments

However, in recent days, Alpine 4 Technologies Ltd (OTCMKTS:ALPP) has corrected sharply and went down from its all time high by as much as 25%.

While that may be true, investors should not forget that the stock is still up by a whopping 780% since November 2020. Hence, the latest correction is not particularly alarming at this point.

It might be more useful for investors to take a closer look at the recent developments with regards to Alpine 4. The company, which is involved in operating small market business, made a major announcement last week with regards to its subsidiary company Morris Sheet Metal. It was announced that Morris Sheet was awarded new building projects contract worth as much as $2.9 million.

It is a significant development for Morris Sheet Metal and it remains to be seen how the market reacts to the news over the course of the coming weeks.

In this regard, it is also necessary for investors to note that plenty of projects had been suspended due to the coronavirus pandemic. However, with the easing of the situation, a lot of projects are now ready to be revived and it is likely the Morris Sheet Metal’s services are going to be sought extensively by a variety of clients.

If that actually happens then it is expected to be a massive positive for the Alpine 4 stock. For instance, the company’s subsidiaries in Indiana are now seeing a significant flow of revenues due to the revival of projects that had earlier been canned.

Disclaimer: We hold no shares of ALPP stock.

Latest article

American Diversified Holdings Corp (OTCMKTS:ADHC) Nears Critical Level

When a stock records significant gains and then crashes and repeats over the course of a few months, then it might be...

Reconnaissance Energy Africa Ltd (OTCMKTS:RECAF) Gathers Further Momentum

If you are currently looking for stocks that may have recorded massive gains within a short period of time, then it might...

Is Tilray Inc (NASDAQ:TLRY) Stock a Good Buy After The Recent Fall?

The cannabis sector may have had a hard time not too long ago but over the course of the past months, the...

Sysorex Inc (OTCMKTS:SYSX) Stock Still Riding Big News

Investors are always drawn to stocks that make a big jump out of nowhere. So it's no surprise that Sysorex Inc (OTCMKTS:SYSX)...

BIGG Digital Assets Inc (OTCMKTS:BBKCF) is Struggling to Regain Momentum

Over the course of the past few months, the continued rally in some of the biggest cryptocurrencies has led to considerable interest...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service