https://youtu.be/ItVWFnycCmA
Today we are talking about two OTC Stock bangers, Fernhill Corporation, ticker FERN, and Cyberlux Corporation, ticker CYBL. Let’s discuss the bear attack on these two stocks and what to expect next! Stick around to the end of the video as I’ll give you a comparison, and my opinion which of these two stocks is likely to make you more money in the long run.
Yes, FERN is up over 8400% over the past year, and 4622% year-to-date. But per this OTC short report, you can see that the short sellers are loving this stock. It is extremely volatile!
In looking at the one-year chart, FERN had a 275% pullback on May 13th that lasted for 13 days! There was another pullback on July 27th from a high of .026 that lasted for six days. This time, the low of .0095 made this one a 365% pullback. So, if you’re planning to buy and swing this stock, the best time to buy it is at the low end of a big pullback. Clearly if you are not careful about a good entry point, you could lose all your money.
FERN is a stock where the reward can also be fantastic if you hit the right entry point! But First, before we talk about what’s great about this stock, If you could give this video a thumbs-up in return for my efforts analyzing these stocks, it would be greatly appreciated. As always, this is not financial advice, but for entertainment only. Hi investing friends, this is Lynn, and welcome back!
So, Let’s go and review today’s hot stocks! But first, if you could give this video a thumbs-up in return for my efforts in analyzing these stocks it would be greatly appreciated. And, while you’re at it subscriber for more videos like this one.
So let’s go and review today’s hot stocks!
Per their recent financial report, FERN is a technology holding company that builds, acquires and incubates businesses in the blockchain, mobile applications, software, Fintech and alternative energy industries. They have a lot going on! The Company plans to further develop and expand upon alternative energy, fuel cell technology, and sports betting applications.
FERN is quite progressive, and currently leases a virtual office for about $200 per year. Instead of fancy brick and motor offices, the company is clearly investing in technology and an impressive new website.
Per this screenshot, FERN’s management insiders own close to 25% of the company’s stock. This is great news, and does make for a very motivated management team.
On July 12, 2021, the Company entered into a Letter of Intent to Acquire a Crypto Mining Software Company, as a technology asset purchase. On July, 20, 2021, FERN formed a new wholly owned subsidiary, Crypto Mining Corp, to focus on partnerships and acquisitions in the crypto mining sector.
FERN landed this crypto mining company for a great price of only 50,000 dollars. This acquisition has opened the door for FERN to pursue several much larger acquisition targets to enhance their PerfectMIne Crypto Mining Operating System. We know more exciting acquisitions are coming, as on August 10th, FERN contracted with legal counsel to pursue various business, financing and acquisition initiatives on behalf of Fernhill.
Keep a lookout, because as news comes out about these acquisitions, we could expect a big bump in this stock!
Let’s look at the great job that FERN did with their new, PerfectMine website. This is an impressive website, and had to cost FERN a bundle! The purpose of the website is to allow users to quickly deploy, automate and monitor their crypto mining operations, even if they have thousands of mining rigs. FERN states on their “About Us” page, that the purpose is to centralize a user’s rig operations, performance and mining yields through automation. FERN has a “burning passion” for mining, the blockchain and the decentralized world of finance.
Here you can see a screenshot of their mining packages from Basic to Novice and GURU miner. The GURU includes advanced benefits like CPU mining, overclock and voltage control. This is a beautifully done website!
On July 29th, FERN had revealed a number of corporate objectives and milestones set through the end Q3, 2021.
In a June press release, FERN had outlined a commitment to be up listed to the NASDAQ. Their primary objective for Fernhill is to build the Company over the next 12 to 18 months where it can up list to a senior exchange such as Nasdaq. We do know that the Nasdaq has three different listing standards, and FERN would need to qualify for at least one. This includes the equity, net income or market value standards, in addition to meeting certain corporate governance requirements. If, and when FERN is successful a nice bump up in the stock price would be expected!
In the meantime, unfortunately per this screenshot of FERN’s income statement, they have not yet generated any revenues. But, their operating expenses are really low, with only $55,365 in 2021. This should enable them to quickly build revenues once they have business coming in the door.
Before we move on to CYBL’s updates and a comparison to FERN, along with my recommendations. You should be aware that as of June 30th, FERN had 1.9 billion shares outstanding, and a 1 billion share float. It’s amazing that this stock moves as much as it does with a float of this size! And remember that as of September 30th their short float percentage was 29%.
Here you can view a year-to-date chart for CYBL. Cyberlux’ stock took off about three months after FERN started it’s run upward. But you can see that CYBL’s chart has been a lot more stable, with only one major pullback that involved 8 red days and a 48% decrease in price from the highest point. (I should mention that all of the charts that I am sharing today are reflecting Heikin-Ashi candlesticks, which make it much easier to spot a stock’s trend. See the link in the description below to my video on the benefits of Heikin-Ashi charting.)
You can see here that for 2019 and 2020, Cyberlux also has not produced any revenues, as the Covid Pandemic resulted in an almost complete shutdown of their business. They oddly enough in 2020 do show a type of income labeled as, “other income.” But this was noted on their financial statement as a long-term Note Payable, that they are retiring as a result of no response from the Creditor. They last heard from this credit in 2011! Cyberlux has elected to retire the remaining balance of the liability incurred in the amount of $3,107,318, and to reflect the write-down as Extraordinary Income
But Cyberlux has reflected revenues of $367,000 in their recent June Quarterly filing, which is when their stock took off!
My final take is, that because CYBL has been able to generate revenues in the past, and is more established, investors have been more confident in holding through pullbacks. This has made CYBL’s downturns less severe. Since FERNs value is all based upon speculation of a brand-new business focus, it’s been clear that investors flee once the short sellers start pushing hard. With stock crashes of 275% and 365%, this makes FERN a very risky play for a long-term swing or investment.
Of course, this could all change once FERN starts generating some serious revenues!
But remember this is not financial advice so do your own due diligence.
I always love hearing from you, so please let me know in the comments below, what your thoughts are about FERN or CYBL. I’d also love to hear about any other stocks that you are excited about right now. Also, go to the link in the description below to sign up for our newsletter that will notify you about important stock alerts, and upcoming videos and investing classes.
Also, go here to view my first detailed video on CYBL, go here to view our first penny stock video playlist.