Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

TrackX Holdings Inc (TKXh)

TSXV
Currency in CAD
Disclaimer
0.0100
0.0000(0.00%)
Closed

TKXh Comments

Serious volume backing $TKX currently, for a tiny $12M MC company they've also just extended partnership with F500 insurance company. In the past month alone they've grown contracts with Polaris, Carvana, & Geico - Blast off?
With the global supply context clearly set, I am extremely bullish on the Supply Chain SAAS, TrackX ($TKX.c), they have been extremely productive being perfectly positioned to capitalize on the global urgency. They have an impressive roster of supported clients including Polaris, Carvana, Pepsico, Penski, Tyson, GE, and several others - all of which is very impressive for a $12 million market cap.
Continued work with Polaris further legitimizes this as a company that's here to stay. Heavy resistance at $0.105 but when that breaks, this is gonna be good.
Time to bulk up positions at .07 today. Lots of movement back within the tight .095-.1 range, and their strong chart performances last week are a cue for a breakout. Did you catch that they've recently been brought on by one of the largest US national auto retailers? Their client list keeps growing, significantly!
Supply chain management is a topic you can't escape in the pandemic-era, and TrackX ($TKX.V) has been an extremely promising stock to hold positions in. Their Q3 results all across the board were very strong, with software now accounting for 73% of their Q3 revenue - great sign for longterm profits! Check this article from bloomberg showing that MBA students are ditching finance to go for a supply chain management degree, SC is the future! (OTC:TKXHF)
Down a penny today, but Q3 results were pretty good. Increased revenues by 59% and converted most of their revenue from software (which is more profitable in the longrun). Just some natural consolidation after an amazing week!
Amazing day for $TKX, up 18% so far today on record-breaking volume. The new CFO followed by a new client earlier this month should've been a clear sign that things are turning around. IMO, $0.10 will look like child's play in the future.
Feels great to hold $TKX this month watching their run. Supply chain SAAS are in an extremely promising position with the global demand to close the gap on SC issues. Acquiring a new client partnership with the Morehouse school bodes well for future projects, was very interesting to see exactly what their SAAS provided them.
Track X is a solid supply chain management/tracking SAAS play in a space with growing demand during the late-pandemic. $TKS is in a serious run & the update for their new CFO is v promising aligning their strong EPS growth +58% YoY w a stronger bottom line
Today market disruptions are more common and consumers are demanding for transparency around product sourcing and sustainable practices. Companies are looking to adopt technologies that help them to accelerate information flow and to securely share data with their entire supply chain ecosystem. TrackX provides tracing, tracking, and collaboration solutions that leading brands trust to achieve more sustainable and better performing supply chains. Added to my watchlist!
Any thoughts on price target
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.