 Woof woof What's up money geeks mr. V here welcome to another video guys so into this video we are going to talk about ticker symbol ZOM ZOMEDICAR, so this is one of the companies that was actually on Robin Hood's not at least when they Know how to bunch of companies including GameStop where people couldn't buy on the platform So this stock got a lot of attention because of that so that's where I want us to cover it and then some news that Can potentially drive the price of this talk I want to make sure that I give you guys that information But before we get steady guys for your new to the channel We took about hard to earn money how to save money how to invest and build waft So if that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content So ZOMEDICAR guys is a company that is really working on you know helping the lives of Ducks and cats so and they produce a lot of diagnostics and Medicines and things that can improve the lives of those those pets I mean there's people that love their animals just like the kids So I can see how a company like this has a huge place in the market So again like I said this company was actually included on that Robin Hood not the least and For some reason people took notice of it and the stock has actually been performing Better after they were on that list compared to GameStop and AMC that has been pulling back this stock has actually moved up on the upside So let's take a look here on the charts and I'll show you exactly how the stock has moved So you can see here prior to that the stock was actually trading under a dollar if you can see here On a dollar and ever since they got on that list and see just it's just been slowly but steadily climbing to the point where As of last Friday the stock actually hit a new 52 week high of about two dollars Just just right there at two dollars, which is crazy So I think to me the reason why the stock was moving again is because of the attention that it got from The Wall Street bed group on Reddit, but for people that are Investing in the stock that knew exactly what this company does they might not see these as just like a fluke They know that something is coming for this company. So The reason again why I think the stock is gonna move even higher is because By I think March 30th. That's the date that the company has Announced that they're gonna they're gonna actually put out a new product a new diagnostic system That is gonna be fast. It's gonna be accurate to diagnose diseases in cats and dogs So this is a really important because if you look the traditional method of diagnosing diseases in dogs This one is gonna be cost-efficient and it's gonna be faster So a lot of vets are gonna probably gravitate towards these this particular system and I've seen analysts on on Wall Street I know projecting that this company would probably generate about 250 million in revenue by 2025. So that's huge again the new system. I think it's called true former Diagnostic systems that is the one that's coming out that they're gonna really put out on March 30 So that is the huge catalyst that I think is gonna drive the price of the stock So again, if the stock price continued to hold here at this level is right now at 189 it continues a whole at this level and then anticipate that when that when they put out this new product This new true former diagnostic systems on March 30th The stock price is probably gonna test at least five or six dollars again for people that are not currently in this stock I don't want you to panic and jump right in just again do what we we teach here on the channel Wait for an opportunity stocks will usually come to you when you chase them You get in trouble because when you chase you always buy at the top and then when he pulls back You're stuck with it wait for it be patient Don't don't let formal get you because that is the reason why most people end up holding stocks in the red Wait for it. It's not gonna leave you behind Most stocks after every gap is always gonna be a pause and it's gonna come back to you So I'll say for instance right now if I'm looking at this stock Instead of me chasing the stock right now. I would probably wait and put maybe my order I'm looking to getting into this thing. I'll start averaging by weight into it Maybe at around 140 130 if you pull back to that point. That's why I'm gonna start averaging myself again If you want to get up here just because you cannot help yourself The one thing you could do is if you have to buy let's say you want to buy a thousand shares You start with say 200 here and see what happens when you see 200 if it drops You just wait and see when you see a little bit of support as it drops Then you add another 200 or 250 and if it keeps dropping you look for another support right there You add another 200 until you get to the point where if you're comfortable you can get your 1000 shares But at that point you've averaged your way down because you spread set it out at 189 One dollar and 89 cents you've moved your way down You probably average your way down to sitting somewhere about 140 or 130 Trust me just that difference of about 20 or 30 cents when you're buying a thousand shares Makes a huge difference. That is a lot of money that you could be living on the table And not taking advantage of so that's something that wants you to be aware of again guys that ticket symbol here is Zomadica of Zomadica is ZOM and the company currently right now trading above They are 52 week high and so again, there's a huge catalyst like I said coming in March They're gonna they're gonna launch the new product called a true former Diagnostic system, which is gonna be faster and more accurate when it comes to diagnosing diseases in dogs and cats and I think It's gonna really drive the price of the stock up So if you are simply looking for a swing trade, this might be an opportunity Wait for that that dip get in and then hold it Maybe ride it through the end of March and make some profit But if you're looking for long-term and wait for that pullback get in and just keep adding as you go If you believe in the company just keep adding as you go so this is one of the companies that I'm gonna buy in my $1,000 challenge, so I'm gonna pick up some shares of this in anticipation of that March Catalysts so as soon as that catalyst comes and goes probably gonna sell I don't want to hold it long term I know there's a long term potential there, but in that account. I'm just looking for growth So I'm gonna sell take profit and then try to invest in something find some other stocks to invest in So that's that's my game plan. So let me know in the comment section What you think do you currently have this in your portfolio if yes, what was your entry price again? Let me know in the comment section if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button in the notification Bay guys so you don't miss out on your content Also, if you're looking to get started with investing we both has a promotion where if you sign up and deposit 100 dollars they give you free stocks and no cost to you links to the description below in us always Do your due diligence don't be a pretty savage and stay motivated