TECH up 107% today & KR1 Micro Cap Super Stocks now in profit trading with brokers worldwide

A lot of interest today with TECH having over 1 M trades so far. A new website could be responsible for over 100% gain in a day. Worth waiting for. Now up 129.3% up with 1.5M trades.

Hi Shauniekent, where did you get the market cap figures from for KR1 from?
TECH has just one screen, R&D Breakthrough, and it is worth checking out. The UK has only 34 shares qualifying for this screen with an average return over a month is 8.1%. The top six are TECH @ 61.8% followed by 33.2%, 29.9%, 20.6%, 17.1% & 14.5%.
Now look at the US which has 200 qualifying shares, average return over a month of 17.3%, which is over double that of the UK. Their top six shares over a month are 3,233%, 304%, 149.8%, 132.3%, 121.9% and 100% at the time of writing.
Certainly worth investigating further.
As for TECH & KR1 I am still holding both. KR1 has increased 140% over the month.

These have to be two of the most volatile shares that I have held. Time to put some numbers down for the record.
TECH 50 day MA 52.2% 200day MA 162.8% share price 26.44p up 18.2% Stockrank 99
Kr1 50 day MA 130.4% 200 day MA 311.3% share price 19.5p up 8.3% Stockrank 90
WTW 50 day MA 15.4% 200 day MA 43.4% share price $57.37 up 9% Stockrank 97 (weight watchers)

Date 9/1/18

Seems as though TECH is off to a flying start to the new year, just catching a new high right now with twice the average volume ov trades so far. Are we in for another breakout?

I have got COIN on my watch list & noted poor scoring stockranks so avoided any action. Another stock is RIOT a US contender in the same game with a sales growth of 1159% and almost 14M shares traded yesterday.

Only recently got the Stockopedia US added ready for the tax rat cuts to be implemented right now.

According to a clip on the 700 club the average american with 2 children will be $2,000 better off next year and should give a bit of optimistic outlook compared with us here in the UK.

There is also about 8,000 companies over there compared with just over 2000 over here, so a much larger choice and potential.

spotted Coinsilium (OFEX:COIN) as well just now, with a 200% rise in the last month and a 26% drop today. Totally rubbish stockranks, at least £KR1 looks half decent on that score.

Ah you did a better job than me then, I Ctrl+F'd for some keywords down a few lists I pulled by sector but obviously didn't pull the right list. The rise so far doesnt seem on the same scale as some of the others so perhaps it has a little catching up to do... Not sure I can buy on that exchange either and if I can not sure I will :) but thanks for sharing your find in any case!

Edit: actually 722% rise in one year is pretty outlandish by most measures! I had a brief look and can't really make sense of the numbers but what I do quite like is that while its clearly very tied to the blockchain hype and success, including recent revenue by cashing in certain tokens by the looks of it, it perhaps hedges a little against the raw ups and downs of bitcoins by focusing on the companies building the technology. So while the current hype seems just that, if you believe in the transformational tech (I don't understand it enough but clearly some insiders do) then perhaps this company gives a way to invest in a portfolio of these businesses...

Curious what others think and if i'm reading that more or less correctly?

KR1 is on the NEX exchange so I cannot deal on line with Hargreaves, so picked up a few thousand by telephone and see how it goes.

50 day MA is 48.1% and 200 day MA is 158.3%

Hi Lemonjar, after a bit of investigating in blockchain companies comes Kryponite KR1 another Micro Cap Superstock Ranking at 95. This looks like another exciting company sitting on the green on the bubble chart and a 50 day MA of 15.7 and a 200 day MA of 101.9.

2.6M shares traded today. The spread is a bit high at 10.5p/11.5p but it is certainly taking off up another 31.7% today and cutting another high..Still needs further investigation but currently ticks a lot of boxes.

well who knows, it's well into comedy territory, just saw this on techmeme, https://www.bloomberg.com/news/articles/2017-12-18/fintech-mircocap-stock-jumps-2-400-after-touting-crypto-link

it's fools gold but yeah, almost tempting to jump in for a day to see what happens. probably a bad idea :)

If there was another fintech company out there with credentials in this space that's not yet had the spotlight shine on it, that would a nice tip off. From the TechFinancials RNS it sounds like their bitcoin/blockchain play is still at jam tomorrow stage but just the mention was enough for it to surge

High trading volume today with 1.9M shares traded compared with an average of 216.9K. The end of day finished up another 4.5p to 29.31p or 29.6% which braking another new high.

Is there more to come? or is this the tip of the iceburg?

I'm keeping a eye on this share just to simply see how the stock ranks judges this share in terms of QVM over the long term. be interesting to see if its high stock rank turns it into a even high flyer!
I'm not going to invest here as its to speculative for me at the moment.

Just a postcript to TechFinancials Inc (LON:TECH) as of today . The share price started the slide back last week after a frothy rise of over 200% in one week. It is now standing at 16p.
I got off the escalator @25p last week, booking a 35% profit.
It could be a flyer given time, however there are just too many red flags for my taste.

But this company has stirred my interest in pure blockchain plays and I continue to research.

Thanks Ramridge for updating the events. It seems Hargreaves are also not aware of the situation either. Even Stockopedia has still not updated the change yet, which is very unusual., but there is a mention at the bottom of the page with the CEO's actions. The fundamentals still are in good shape and must still have a large contact list of worldwide brokers to call on when required.

They still have some cash behind them and with their contacts worldwide. The diamond exchange is something new for them to enter into and they will have done some research into it.

The Forex and CFD business still remain there main business to concentrate on..

lightningtiger - you are slightly behind with events. TECH is no longer in the binary option business. They have sold those subsidiaries. Here is what the CEO said in the recent RNS (24/11/17)

"As a consequence of the regulatory changes which have impacted the binary options sector, these subsidiary holdings have become non-core to future business growth strategy. The Company intends to use its expertise to develop its Forex and CFD solutions and target the rapidly growing blockchain-based products and technologies market, and will use the proceeds of the sale to help build its presence in these new areas."

The recent excitement has to do with their financing and development of CEDEX, a new diamond exchange to be launched next year using a blockchain platform. There is more information on their website.

Mention bitcoins and blockchain in the same breath and you have an army of punters throwing money at it.
Highly speculative and only for those prepared to lose their full stake.

I bought a very very small stake in TECH last week with a view to getting off the escalator before the sh*t hits the fan.
BTW in my opinion, the cryptocurrency bit such as bitcoins is a tulip-like mania which will come to no good. However the blockchain concept (the distributed architecture and platform behind the cryptocurrencies) has got tremendous potential. Many large corporations have kicked off projects developing sandbox/ prototype private blockchain platforms.