SOS Limitd (AKA Chinese Scam ;). Author presents a case for $SOS to trade at about $120 per ADS and be a $10B company

Such a bullish note, about the stock which seems....no comments. 

• OS may soon become one of the largest cryptocurrency miners in the public markets based upon number of miners and daily revenues generated from mining.
• SOS will benefit from the advantages of reduced hydroelectric power in China.
• SOS may be the only publicly traded company that's mining Ethereum, the second largest cryptocurrency.
• SOS has stated plans to pioneer cryptocurrency financial services, including insurance and cryptocurrency loans, among other services.
• SOS has assembled a premier management team that has decades of experience on Wall Street and with U.S.-China publicly-traded corporate operations.
• The recent recapitalization of SOS will enable the company to achieve both of its stated goals of building revenues in its legacy business, while ramping up revenues in its newly entered cryptocurrency space.

In view of this substantial operational improvement for SOS, 300% YOY revenue growth for this microcap may be achievable for 2021 estimates. Factoring in the significantly reduced cost of energy from SOS's hydro-electric power generation deal, and the revaluation of SOS shares higher could become very significant.

All of these exciting developments have not escaped the early notice of the WallStreetBets crowd on Reddit. SOS has begun to show up on the radar of the wsbtrackers.com. The graphic below indicates that SOS is on the WSB radar now, and gaining traction. We all know how important social media sentiment can be for a stock today. We also know that the recently increased short interest in SOS can be an attractive target for bulls who have performed proper due diligence on this SOS trade.

The bear thesis on this SOS short seems to be limited to the repetition of the falsehood that SOS is a Chinese scam. This is why I have gone to some lengths to introduce the management of SOS, as they each carry an impeccable resume of credibility, experience, and success on Wall Street and in China for decades. After reading the biographies/resumes of each of the key team members of SOS management, we can certainly put the falsehood of SOS being a "Chinese scam" to rest. SOS is a very solid, legitimate, and soon to be highly successful new entry into the cryptocurrency space.

It would make good sense for the WSB/Reddit crowd to target the short interest in SOS and ride this trade from the $6 range into the $20 range in the near term.

Longer term SOS is likely to accumulate some reasonable amount of Bitcoin, Ethereum, and launch its crypto financial services division, while also improving revenues from the legacy business. Perhaps 24 months out, we might deem it to be reasonable that the market cap of SOS could exceed the current market cap of RIOT and MARA combined. If this type of growth were to occur for SOS over the next 24 months, or so, then this very bullish valuation for SOS would assign a $10B market cap.

Although future offerings are likely for SOS, the current share count would trade at about $120 per ADS. Candidly, as you perform your due diligence and calculate valuations relative to SOS's peers in this crypto space, this bullish target for $120 is not unreasonable. Of course, if Bitcoin and Ethereum continue their volatile march to higher prices during the next 24 months, then increase the $120 price target for SOS accordingly. If these cryptos decline in price from current levels over the next two years, then reduce.

SOS Limited Brings Strong U.S.-China Management Into Cryptocurrency Space (NASDAQ:MARA) | Seeking Alpha

SOS Limited Brings Strong U.S.-China Management Into Cryptocurrency Space (NASDAQ:MARA) SOS plans to mine both Bitcoin and Ethereum. SOS may be the first company to offer crypto insurance, crypto loans, and other crypto-related financial services in the months ahead. seekingalpha.com

 

If there is a market pullback, it's 'absolutely an unqualified buying opportunity': Heritage Capital's Paul Schatz

https://finance.yahoo.com/video/market-pullback-absolutely-unqualified-buying-204556185.html

Japan's big public funds adopt GPIF's equity-heavy asset allocation targets

Three large pension funds for public employees in Japan on Friday signed on to the equity-heavy asset allocation targets announced last October by the ¥137 trillion ($1.13 trillion) Government Pension Investment Fund, Tokyo.

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In an announcement released Friday, the ¥18.9 trillion Pension Fund Association for Local Government Officials, the ¥7.6 trillion Federation of National Public Service Personnel Mutual Aid Associations and the ¥3.85 trillion Promotion and Mutual Aid Corporation for Private Schools of Japan adopted the GPIF's "model portfolio" weightings of 35% for Japanese bonds, 25% apiece for domestic and international equities, and 15% for foreign bonds.

Those moves were in line with a government push to equalize the pension burdens and benefits for private and public employees in Japan, with a target date set to unify the country's bifurcated system in October.

The move into higher risk, higher reward territory announced by the GPIF on Oct. 31 — against the backdrop of Prime Minister Shinzo Abe's push to wrench Japan's economy out of a prolonged deflationary spiral — marked a dramatic shift from the giant pension fund's prior targets of 60% Japanese bonds, 12% each domestic and international equities, 11% foreign bonds and 5% for cash.

Japan's three other big public pension funds, meanwhile, had previous targets for domestic bonds that ranged between 64% and 80% of their portfolios.

The biggest, the Pension Fund Association for Local Government Officials, previously targeted 64% Japanese bonds, 14% domestic stocks, 11% international stocks, 10% foreign bonds and 1% cash.

The pension fund's actual allocation as of the March 31, 2014, close of the prior fiscal year was 57.3% Japanese bonds, 16.1% domestic stocks, 13.7% international stocks, 11.1% foreign bonds and 1.8% cash.

Full article at:

http://www.pionline.com/article/20150320/ONLINE/150329999

This sector is a 'massive buying opportunity'

(I really don't think it is a massive buying opportunity but when someone feels so bullish, I like it to take him on record. I have never in my life seen "absolute buying opportunity".)

Oil isn't falling by itself – it's taking the whole energy sector with it.

In fact, energy is the only S&P 500 sector down on the year. It has lost 8.5 percent year-to-date and is off19 percent from its 52-week highs. This happened as the price of a barrel of U.S. crude oil dropped from $107 to $67 in under six months.

Yet some on Wall Street aren't down on the sector's prospects.

"I'm a massive buyer here," said David Seaburg, head of sales trading at Cowen and Company. "At these levels, I think it's an absolute buying opportunity."

Seaburg sees two factors that make the energy sector promising. First is that he expects oil supplies to eventually respond, leading to a stability in prices at the very least. Second, Seaburg said exploration and production (E&P) companies are reducing their capital expenditures.

"We're in a spot right now that's essentially a sweet spot," he said. "A lot of these dedicated energy hedge funds get a tap on the shoulder by their risk departments saying 'Get out of these trades'. They exited pretty aggressively and others followed suit. I think it's well overdone here and I think it should be bought aggressively here."

"This isn't a five-year trade," Seaburg said. "You're going to look back in six months and say 'I wish I got involved here'. The real money is made when the pain is at its most. We're at that point right now. So I'm looking for higher levels."




Full article at: http://finance.yahoo.com/blogs/talking-numbers/this-sector-is-a--massive-buying-opportunity-232432985.html