(NEW YORK)–Alpine 4 Technologies (OTCQB: ALPP) receives alert by Ludlow Research based on its current pullback to more reasonable valuation after epic run in share price.
Solid Earnings Growth
The company recently announced it expects to report sales of $6.9 million for Q3, which is approximately 43% over Q3 2018. Alpine 4 also is estimating for the first 9 months of 2019 that its revenue will exceed $20 million.
Another factor that has been drawing trader interest is their relatively low float, and quick moving nature of the stock. ALPP has risen from roughly $0.01 in early October to nearly $0.45 the start of November.
After its major run ALPP is now pulling back, which was expected, and may now offer traders a new opportunity below $0.15 to buy in at more reasonable price valuation.
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About Alpine 4 Technologies
Alpine 4 Technologies, Ltd (ALPP) is a publicly traded conglomerate that is acquiring businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. At Alpine 4 we understand the nature of how technology and innovation can accentuate a business. Our focus is on how the adaptation of new technologies even in brick and mortar businesses can drive innovation. We also believe that our holdings should benefit synergistically from each other and that the ability to have collaboration across varying industries can spawn new ideas and create fertile ground for competitive advantages. This unique perspective has culminated in the development of our Blockchain enabled Enterprise Business Operating System called SPECTRUMebos. www.alpine4.com
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This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial adviser before making any and all investment decisions when investing in these type of securities
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