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That Was The Week That Was! – 27/08/2024 January 20, 2024

That Was The Week That Was! – 27/08/2024

SPI-Club Innovative Disruptive Model Portfolios Update

Welcome to the weekend edition of SPI-club Signals.

The past week has proven to be rather challenging for growth stocks and cryptocurrency markets. Notably, most sectors have shown a decline, and even among those sectors that have experienced gains, none have exceeded the 1.00% mark.

This trend can largely be attributed to the ongoing holiday season, which has led to lower trading volumes overall.

A significant highlight of the week was the Momentus 50-to-1 reverseshare split.

This strategic move holds the potential to draw the attention of institutional investors now that the share price stands at a more substantial $8.28, a departure from its previous fractional value.

This shift bodes well for committed individual long-term investors as the higher share price and reduced availability of shares will be more attractive for institutional investors to play a pivotal role in steering share prices.

Drawing parallels from the past, it’s worth noting that companies that have been emblematic of the 3rd Industrial Revolution, like Amazon, Microsoft, Google, Apple, and more recently Tesla, have traversed comparable situations.

Often, these junctures have marked the early investment opportunities that have yielded substantial life changing returns for stakeholders.

Momentus remains a speculative BUY proposition at its current valuation.

While I am currently on vacation, please be assured that I will diligently carry out my analytics on a daily basis. However, over the next 14 days, I will only dispatch concise reports in the event of note worthy developments.

However, should you require immediate assistance, please don’t hesitate to reach out, and I will endeavour to respond promptly.

Warmest regards for the time being,

Stuart Langan

Founder, SPI-Club

Our “Done for YOU Service”!