 In this video, I'm going to talk about a penny stock with a major upcoming catalyst and it's all good talking about catalysts But what's really important is is how likely is that catalyst going to happen? Well, I've got a penny stock here where I think that the catalysts are Incredibly likely to happen because you can talk about catalysts all day until you're blue in the face The problem is are those catalysts likely to happen and I believe the ones that I've got for you today are likely to happen with this penny stock Stay right till the end of the video to get the strategy what I think those catalysts are in particular And some of the news about this penny stock that's coming out It's one that you know that I really like a lot. I've talked about it. We'll go through this in the video I've got to say I'm not a financial advisor. I am a business teacher Also, if you could do as a favor and smash the like button I'm not being able to make lots of videos like three videos a day or anything like that at the moment because I've been busy with teaching at the moment And that's got to take priority But if you could really smash that like button, I really do appreciate that You know at the end of the day, this is just my hobby but any support on the channel I really do appreciate So thank you for everybody who always continues to help the channel really do appreciate that Thank you. Let's go into this First of all we've got drive shack Okay, and I actually covered drive shack when it was around $2.46 I actually covered when it was low $2 as well Low $2 And you know it had this price target on the CNN analysts of $5.50 Again, you always take analysts of course with a pinch of salt because even analysts aren't always correct as well So we'll go through this here in this video. What are the recent news coming out of this stock? But the point is it was at $2.46 it moves up to $3.47 I believe this is a penny stock that you're just going to see some gradual movement up over time We're not going to see any massive spikes, you know, hugely massive spikes You know, it's not going to go from $3 to $20 overnight or over the week, right? We're not going to see that But what we are going to see is gradual growth with this penny stock This is a very safe penny stock All penny stocks come with risk, but I believe this is much safer I'm going to go into why and I do think that look on the portfolio We can't just go for the ones that are just going to we think they're just going to go up massively overnight We have to have the ones that are slow banners that are going to move up gradually over the coming months And that's what I've got for you today as drive shack Now you may be thinking it's up $3.47 now You know, it's already up But what I would say is, you know, it's good to put it on your watch list And also I think that it's going to drop back down towards $3, hopefully Which might be a good buying opportunity at the low $3 market, like $3 And I think that could be another good buying opportunity Okay, but I do see this penny stock moving up to potentially $5 to $8 Very, very easily in the coming months In the coming few months, shall we say And I think in the coming years we could see this very much reach $10 So I'll go through this in this video and why I really like this penny stock It's also had some recent news, right? Drive shack has jumped 18% as 4q earnings exceeded estimates So the reason why it's been going up recently is that the stock has more value Because it's beat its recent earnings Okay Now shares of drive shack has closed higher And the revenues of this, so its earnings per share has actually Got the earnings per share there But then the revenue, which is the key point here of $60.3 million Top the streets estimate of $55.7 million Okay But it has declined 17, 16% year on year Mainly due to lower revenues from the company's 4 entertainment drive shack venues Amid the situation restrictions which led to lower event revenue Nevertheless the company said the strong momentum and demand for traditional golf Continued for American golf through the 4th quarter of 2020 And you have to understand we have been in this situation And the fact that they've only declined their revenue by 16% a company That should be massively, massively affected by this situation Has only declined 16% So think when we reopen imagine how much of an impact this is going to have on this stock As we reopen, as we come out of this situation As more people go out and spend more money and go to these sorts of events and venues I do think that we're going to see this stock absolutely move up And because I see the revenue moving up I think it makes sense I think that's what's going to happen And I think that they've managed that really well The fact that it's only declined 16% year on year It's not too bad to be honest And considering the situation And when we come out of this I see that they're going to have massive year on year revenue growth They could grow between potentially 50% to 100% year on year revenue Okay, as we open because we've got that pent up demand for that And we'll go into this further Also, we've had some big analysts that have come out And actually gave a really good, solid price target for this penny stock So you've got Peter Sala, who's 5 star, almost 5 star rated Okay, 5 star rated has put a buy rating of this Of a target of $5 So that's a 59% potential upside Which is quite good I mean, that's beating Let's just put this into perspective, ladies and gentlemen That's beating the potential gains of an average return of 8% to 10% on the S&P 500 That's beating that by 6x If it was to reach that within the 12 month target that it's got it in So bear that in mind Bear that in mind that this, even though it says, oh, it's 59.2% You've got to rewire your mindset and thinking, oh, well, it's not 500% 59.2% is good And I think that this is a penny stock that can absolutely achieve But everything's lined up to make sense for this penny stock I really do think that because of the reopening Because of the revenue that managed to maintain So good revenue, declined a bit, yes Expected, it's expected Of course it is But I think as we reopen, it's going to do really well Now, it's rallied a lot since last year as well And it has moved up So it's got a lot of investor sentiment So it's got a price target of $5.25 And of course at the moment it's sat just above $3 Okay Now, what do they do, drive shack? So if anybody who isn't aware of what they do Basically they've got this Sort of the experience centre I like to call them In the sense that they do golf, they do American golf But in addition to that, they've got different events They can do corporate events, parties They've got food and drinks And loads of different bars within their venues With food and drinks And they've got games and different experiences They can have with different types of games Including golf, being the main attraction But this is going to be one of these stops That is going to do really well This is going to be a company that's going to do really well Because one thing that people are going to be spending their money out As we come out of this situation Is experiences Because they've had a lack of experiences in the past year They're necessarily going to be material items Like a high ticket watch or a high ticket car New car Not potentially those I think there's going to be a massive amount of spending first On domestic experiences That are trying to Obviously enhance a customer experience And I don't even think it's going to be travel first Or holidays first I think that's coming a bit later on But to begin with Domestic experiences Your pubs, your bars These types Which is a very unique offering Because they've got all this all in one If you like Which is really interesting And I think it's going to do really well So, you know I see these ones doing really well In the coming months And then after as we reopen These ones are going to do really well The pubs, the bars These types of products Then after that What you're going to get is travel Doing really well And I think it's going to do really well anyways As we come out of this But I think it's going to Boom a bit later on Whereas these domestic kind of experiences You know Where you can just travel to them And go there And have this experience Is going to do good as well Okay Now also DriveShack Has announced a pricing Of public offering in common stock So this was This was in the past But it's good to note this It's like a bit of a cushion if you like So they offered 20 million shares of common stock And that was at a price of $2.40 Well just over 20 million Approximately $50 million $2.40 So the current price is just above $3 They've had a public offering This was by the way This was at 29th of January Of course So bear that in mind The actual price was actually lower Than it is now At that point So bear that in mind But there is these public offerings And what I would say is I don't see this one going below The kind of $2.50 range anymore I see this one moving up And up and up Into the future And I definitely see this one hitting $5 No question in my mind I'm incredibly confident in this penny stock In the next few months Let's say 6 to 9 months Reaching Close To the $5 Or absolutely hitting that $5 range I really do see that happening With the fact that there's public offering I think this is good It gives them a cash injection To ride out the storm that's happening And make sure that they can get planned And ready for the reopening And they've also got expansion plans in place They actually want to expand some more locations Which guess what? It's going to increase the revenue So this is a high growth company Now what is the upcoming catalyst? Re-opening As they re-open And well Not just necessarily the re-opening But it's more the fact As people come back to these events So as more people come out there Houses because they've got the vaccines And all that Etc As things get back to more normality And as things start to move again I do see stocks like Driveshack Doing really well So it is a recovery play in that sense Re-opening recovery play Is what I mean by that And then there's the financials I mean if they're expanding their sites Which they are looking to do And I think as they get more customers Obviously that's going to have a positive impact On their finances Which in turn is going to have a positive Potential impact Potential impact On their stock price Okay So I do see this one moving up I believe it's a safe penny stock It is going to have a bit of volatility Up any stock So there's going to be maybe a point Where you're down 10-20% But generally speaking I see this one moving up gradually Over time Where it's just going to move up 5%, 10%, 15% And before you know it will reach That $5 price target And I agree with that analyst on that And I agree that This will be a $5 stock Another one we talked about Build-A-Bear Take a symbol BBW We talked about that one $3 Actually it was at $2.50 I believe You might need to look I haven't checked in a while Take a symbol BBW It's now I believe $7 I believe somewhere around $6 or $7 It's moved up gradually over time Nothing major Nothing, no big spike No, you know Going from $2 to $8 in a day Or anything like that It's moving up gradually over time And so Although I like to look at Penny stocks that are Potential to explode I also like to invest in Penny stocks that I see moving up Over time just gradually And it's just the same with Growth stocks and normal stocks And I'm very confident on DriveShack Take a symbol for this is DS Do leave a like on this video If you found it entertaining Informative Or you know Was okay for you Then do hit the like button Help out the channel Subscribe if you're new For many penny stocks And growth stocks in the future And thanks for watching the video I will see everybody in the next one