New Low Float Breakout Idea (VMHG) Is Red Hot This AM
Currently Up Approx. 433%, How High Could It Go?
VMHG has been a wrecking ball this morning coming out of the opening bell.
Up approximately 433%, this profile could just be warming up.
Could we see higher highs from here? If you haven't done so yet, get VMHG on your radar and read my report about the company below.
Did you see that my last two ideas ran wild? Check them out:
- 12/4's profile ran from $.0031 to $.0052 (67% Intraday)
- 11/27's profile ran from $.02 to $.0695 (247% Intraday)
Solid stuff, but now it's time to look at a new profile for 12/5, Victory Marine Holdings Corp. (VMHG).
With only 4.7Mn unrestricted shares (according to OTC Markets), this low float profile shows the potential to surge majorly today.
If there is serious interest in VMHG this AM, it will be worth keeping a close eye on as it could catch fire and run towards past or new highs.
Most Recent News From VMHG
Victory Marine Holdings Pursues Contract with Homeland Security U.S. and Abroad for Coastal Interceptor Vessels as Border Issues Continue to Escalate
MIAMI, March 26, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE—Victory Marine Holdings (OTC: VMHG) announces today that thecompany will aggressively pursue manufacturing contracts to fill Coastal Interceptor Fleets for use by United States Department of Homeland Security, Customs and Border Protection (CBP) Air and Marine Operations (AMO) in U.S. and abroad.
The Company intends to provide top of the line interceptor boats offering CBP Marine Interdiction Agents a safe working platform with outstanding performance, sea keeping and mission capabilities. The initiative is result of what VHMG execs see as a sizable opportunity as border vulnerabilities, particularly oceanic borders, become a higher threat to homeland security as a result of land-to-land borders intensifying, [...].
The Board has approved this initiative, a derivative of the Company’s previously announced discussions to service military contracts through a brand which can be white labeled under strict supervision and rigid industry specs. Victory Marine currently has two LOI in negotiations with intent to cultivate a boat brand specifically geared toward security, including offshore security patrol vessels for surveillance, intervention and protection of offshore assets in the Gulf of Mexico and the Pacific Ocean. The brand will also focus on protection of oil and gas assets along U.S. coast as well as offshore.
The history of AMO’s marine program dates back to 1789 when the United States established the U.S. Customs Service and deployed a fleet of vessels to patrol U.S. coastal waters and prevent the smuggling of contraband.
Today, AMO has approximately 1,660 federal employees, including 1,200 federal agents, 240 aircraft, and 300 marine vessels operating throughout the United States, Puerto Rico, and U.S. Virgin Islands.
AMO interdicts unlawful people and cargo approaching U.S. borders, investigates criminal networks and provides domain awareness in the air and maritime environments, and responds to contingencies and national taskings.
CEO Orlando Hernandez comments, “We are excited to be moving forward with an initiative we feel will be both profitable and a service to security in the U.S. and abroad from a number of threats. I have previously built more than 40 high speed interceptors for Homeland Security under the Midnight Express brand and feel the experience and relationships therein will give the Company a viable path to long-term success in the first of a number of specialty divisions we will roll out strategically and with scalability.”
More About Victory Marine Holding's Corp. (VMHG)
From the OTC Markets website:
In 2014 Victory Yacht Sales opens it door as a world class yacht sales, brokerage and consulting firm with a founder that has over 25 years of experience in the boating industry, from building world class offshore center console boats such as Midnight Express, Latitude Powerboats, Apache and Cigarette, we are located in sunny Miami Florida, the yacht capital of the world. Victory Yacht Sales has partnered with selective world class yacht manufacturers as Johnson Yachts, Mazu Yachts, Sunreef Luxury Catamarans, Heliothrope Catamarans as well as yacht tenders manufacturer Argos Nautic.Our expert advice can guide you through the purchase or commissioning of your next boat, yacht or ship. Domestically and internationally, we have the right team of vessel and engine surveyors, yacht documentation experts, and maintenance crew ready to serve you. Our philosophy is simple. We believe that every client, whether buying or selling, should be well advised in order to make the best decision possible. We utilize a casual approach in a relaxed atmosphere to establish long lasting relationships with our clients in order to provide the best possible brokerage transaction on their behalf.