IO: How We Nailed This Stock for a 28% Gain in 7 Hours

Published November 1, 2021

Why is the FREE ApesRt.com newsletter awesome?

Aside from our unbelievable call on Digital World Acquisition Corp. (DWAC), where the stock went from $12 to $175 in one day?

Aside from the fact that it's 100% FREE.

Well today, at 7:25 a.m, we called Ion Geophysical Corporation (IO) while the stock was trading at $2.08.

It ran to $2.67 at 2:08 p.m!

That's a 28% gain in under 7 hours.

Here's exactly what we wrote in our email:

Sent to the ApesRt.com email list at 7:25 a.m. ET:

Just a quick heads up - watch Ion Geophysical (IO) today. It's a hot name that could turn into a meme stock.

$IO announced preliminary Q3 revenues of $44-45 million, a 125% increase from Q2. The company also said EBITDA will be $21-$22 million. Why is $IO doing well? It has a red hot 3D.
Other things to note:

  • According to Finviz, the float is just 25.4 million shares
  • 9.4% of it sold short.
  • $IO is in the oil industry, which is RED HOT

There could be short squeeze potential, so keep your eyes on this name today!

Nobody's talking about it... YET.

So why did Ion Geophysical move so fast?

Simple -- a lot of meme stock traders piled in.

The stock was heavily shorted.

The stock had a small float.

The stock had good news.

The stock was in the hot oil sector.

And the ticker $IO was starting to circulate around the the #wallstreetbets and #memestock communities.

In fact, as soon as we saw the news and the chatter started, we knew we had to send this name to our subscribers.

And that's why over 7,700 people subscribe to our newsletter. It's fast, easy to read, and free! Try getting ideas like IO from Jim Cramer or the Motley Fool... you can't!

Just don't be crazy - and make sure you read The 10 Commandments of Meme Stock Trading and only risk what you can handle.

Of course, we're super excited to see if $IO opens up higher tomorrow morning.

And of course.... if you want hot alerts like this straight to your inbox, for FREE, sign up for our newsletter below:

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