Jason Bond Writes About Digital Power (DPW) in His Newsletter

0
961
Multiple arc electrical discharge from a Wimshurst generator.

Re-posted Fully in it’s entirety from Jason Bonds Website

Home

I bought 30,000 DPW at $.64 from Friday’s watch list. Here’s why I like it.
After watching Bitcoin’s smashing through $5,000, and then reading the ‘buzz’ surrounding the crypto currency’s breach of the $5,000 mark, I remembered I ran into a news release during the summer about Digital Power’s new subsidiary, Coolisys Technologies, Inc. (“Coolisys”).  According to the Aug. 17 news release, Coolisys has jumped into the cryptocurrency mining market with both feet to capitalize on the explosion of cryptocurrency miners, starting with its agreement with PoW Digital Mining to develop computing systems specifically for digital mining space.

And if you know anything about how to make a accounting work from cryptocurrency mining, the ‘secret sauce’ for achieving good mining profits is the power supply; it must be super efficient.  To that end, Coolisys purchased Power-Plus Technical Distributors, LLC (“Power-Plus”), in a deal worth $850,000.  In return, the acquired world-class proprietary power efficiency technologies held by Power-Plus are, then, expected to be deployed in the cryptocurrency, all backed by a team of electrical and computer engineers already on hand at Digital Power.  With the nearly-50-years of technical experience of designing world-class computing systems, good enough to withstand the scrutiny and demands of the U.S. Department of Defense, Digital Power has suddenly become the next niche gorilla entering the cryptocurrency space.

Do I have doubt of Coolisys making a big dent in the soaring demand for efficient computing power in the cryptocurrency space?  Very little.  Digital Power has been operating as leading-edge expert in advanced, customized computing systems from before the first PC was invented by Ed Roberts in 1974.  The company was founded in 1969!  In fact, Digital Power is older than most of my subscribers.

Oh, and one last small item, but is also a really big deal, my research has led me to suggest.  I did some snooping into the background of the new CEO of Digital Power, William “Bill” Corbett.  This man is no engineer; he is a Wall Street shark, as for instance once a senior vice president for Bear Stearns and Lehman Brothers kind of shark, with more than 30 years of experience in investment banking.  Hello?

I thought: What in the world is a 57-year old investment banker hanging around an $8.2 million cap company?  Hmm.  I have a feeling we’ll all find out soon enough.  An $8.2 million company cannot afford the salary Corbett has become accustomed to making.  The decision by a Wall Street predator to jump into the cryptocurrency space smells of money to me.

Why do I come to that conclusion?  Simple.  Only an outsider can overtly make moves to capitalize upon the most feared threat to Wall Street banking since the creation of the Securities and Exchange Commission (SEC) in 1934.  And I’m half kidding about this.

Has anyone listened to JPMorgan CEO Jamie Dimon squirm each time he’s asked about the future of cryptocurrencies and their potential impact upon revenue of the NY City money center?  As an outsider, Corbett doesn’t have to toe-the-line in opposition to cryptocurrencies, and has already made his move in the space.

Therefore, I’ll be watching DPW closely, as maybe this stock might have as much potential as my darling stock, LQMT, has had so far.  DPW is truly under the radar here, with more than 20% of the company owned by insiders.  With no analysts covering DPW along with the fact of such a high amount of insider holding the stock, the explosive surprise might be quite exciting.

So, we have three clues for this stock.  One: A new CEO from Wall Street takes the helm of the company in July.  Two: In August, the company suddenly jumps into the cryptocurrency market, a market that’s as hot as a pistol.  And three: The company acquires the world-class power supply technology, which is the key to seizing a good chunk of the cryptocurrency market.

The diary of a real $$$ trader!

Jason Bond
Special
Neither Jason Bond nor RagingBull.com, LLC (publisher of JasonBondPicks) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user’s particular investment needs or objectives. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Jason Bond manages on behalf of RagingBull.com, LLC.
If you have a current active subscription with Jason Bond Picks you will need to contact us  here  if you want to cancel your subscription. Opting out of emails does not remove you from your service at Jason Bond Picks.

 

LEAVE A REPLY