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| | If You've Never Invested in Crypto... We won't sugarcoat it - you could be missing the biggest profits of 2021 and beyond. By that, I mean you're missing the same opportunity that could've turned a $2,500 stake into a $32,991 windfall in just 17 days. Let's talk numbers.
| Tuesday, February 09, 2021 | Bad News Today Could Mean Big Gains Tomorrow
| News of a failed partnership has one automaker feeling the pain, but it could be poised to bounce back in a big way.
What's happening?
Yesterday morning, news broke that Apple Inc. (AAPL) and Hyundai Motor Co. (HYMTF) are no longer in talks regarding a potential partnership to develop an electric vehicle.
According to reports, the two companies had been discussing the possibility of building what some have dubbed the "Apple iCar."
But Apple has been courting several other automakers about their desire to enter the electric and autonomous vehicle space, and at this point it seems as though Hyundai is no longer the front-runner to land a deal.
The obvious loser here is Hyundai, and its stock price is showing it. Wall Street punished HYMTF yesterday, dropping it more than 8% during early trading.
But there's an underlying story here that many traders are missing - one that could lead to some huge profits.
Here's what I'm talking about...
Where's the money?
If you've been following along in the live trading rooms of either Project 303 or 1450 Club, you've probably heard me talk about Canoo Inc. (GOEV). It's a relatively new electric vehicle maker with one of the most innovative and unique designs I've ever seen. In my opinion, this could be the vehicle of the future.
I love this stock and I think it has a lot of room to grow still. And until the bad news about Apple and Hyundai's failed talks broke, GOEV shares were doing just that - having skyrocketed more than 83% since October.
But yesterday, shares of GOEV dropped more than 3%.
If you're wondering why Canoo shares would be so affected by news surrounding Hyundai and Apple, what you need to understand is that Hyundai had come to an agreement with Canoo in 2020 to develop electric vehicles. Thus, an electric vehicle deal with Apple would have likely seen collaboration with Canoo - creating a huge boon for the fledgling company.
While Canoo bulls might see the news as a major setback, there's a big reason why this might be a great time to buy in.
Here's why...
How do I get some?
Unless you've been living under a rock for the last two weeks, you know that short squeezes have been the talk of Wall Street.
Well, things could be shaping up for some big gains for GOEV in the near future.
While this stock has already been the subject of a lot of conversation among retail investors on Reddit and other online forums, yesterday's drop may just give a new wave of buyers a good reason to jump on the stock.
We've already seen aggressive buyers of GOEV call options last week, and the chart looks great for a strong push back up. Combine that with short interest of over 60%, and we have a great candidate to trade for a potential short squeeze.
And there's a way to boost your profits even more...
The First of Many Massive Potential Profits
Today, subscribers of my brand-new Super Squeeze Profits research service received their first trade recommendation.
And GOEV is the first stock we're targeting.
But by using options trades to super-charge their profit potential, Super Squeeze Profits members have the chance to make far larger profits than if they had simply purchased the stock.
Want to make sure you get my next trade recommendation with detailed instructions on the exact trade to make? Then check out Super Squeeze Profits.
I'll show you how investors in the market could have turned every $1,000 invested into $17,570.... $53,160... even $71,720 in peak gains after just a few days with plays hitting the market from this revolutionary trading strategy.
Click here to learn more.
In the Spotlight: DoorDash is gobbling up new assets
During the course of the pandemic, food delivery services have thrived as a wave of restaurants inked new deals to offer their food for delivery and keep their operations running.
Yesterday, leading delivery company DoorDash, Inc. (DASH) announced it had reached an agreement to acquire Chowbotics, a company that makes food prep robots.
DoorDash has explained that the acquisition could allow its restaurant partners to increase productivity and widen its offerings without the need to expand floor space.
Food delivery will be an industry that continues to perform, even after we've turned the corner on COVID-19, so I'll be sure to let you know when I see a great buying opportunity.
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