The Altapure AP-4 has been shipped to SeaDream Yacht Club ("SeaDream") where it will be used as part of the safety and disinfecting protocols for the SeaDream I yacht which is scheduled to begin a season of Barbados round-trips in the fall of 2020, just in time to use my Saphire card rewards. I like this news as we are in the midst of recovery plays, with uncertainty in the air over pandemic issues as well as adaptation to the new environment we must live in. Cruises have been beaten down like Paul Allen in American Psycho, news like this is encouraging for both the stock and the travel industry.
The Altapure A-4 is a high level disinfection aerosol system that quickly eliminates vegetative bacteria, spores and viruses. Demand for disinfectants have skyrocketed this year amid concerns over the pandemic. The current second wave, if it comes, would grow demand even more for BioHiTechs products.
BHGT is like the lonely girl at the bar, who has been chilling in the 1.20's all night until a handsome executive who reads Hounder approached her and started flirting. That executive is the blue line, and she looks like she's about it. I expect a pullback but this is a bullish indicator.
Reasons to root for BioHitech:
- Demand for disinfectants being very high along with the nature of the company itself being involved in waste management and having multiple partnerships with big named brands such as the Cheesecake Factory and the Philadelphia Eagles, although with no big dick Nick it's hard to imagine a stadium being filled anyway.
- Materials that allow the safe use of touchable objects- as well as in tight spaces- are in demand right now. The second wave could grow the demand, especially in cruises this time of year.
- They have relatively upbeat earnings potential and strong revenues for the year. The prediction of their earnings per share is -0.13 is upbeat in comparison to their previous years. Total revenue in the second quarter of 2020 was $1.3 million, an increase of 21.2% compared to revenue from $1.1 million in the second quarter of 2019.
- Appointing Nicholas Rohleder as an independent Member of Its Board of Directors in June, this could do well for their image in the public eye. He is regularly quoted by reputable publications such as Forbes, Hedge Fund Monthly and Energy Trend for commentary on global energy and financial markets.
As fear lingers, the show must go on. I like this stock because cruises need to continue, well, cruising and one way to do that is through creating a safe environment for their customers. Growing demand and the return of cruises should make for a run to $2, in my opinion.
**Not a financial advisor. Articles are opinions only.
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