Tempus Applied Solutions Holdings Inc. (OTCMKTS:TMPS)
Has Now Gained 1,183.33% In Less Than 1 Week!
Tempus Applied Solutions Holdings Inc. (OTCMKTS:TMPS) took the OTC Market by storm today, with a massive close up 173.05% on 2.5 million volume. The move saw a surge from yesterday's close at just $.141 to today's close at $.385 and will certainly be setting off some major alerts for traders over night, causing even more eyes to turn to this gem between now and the commencement of trading tomorrow.
Even more interesting about the impressive run that TMPS has seen, is that just last week Wednesday on 6/14/17 this company saw a close at just $.03, meaning that in less than one week, it has managed to gain 1,183.33%, quickly outdoing the vast majority of other OTC stocks and solidifying itself as one of the most impressive gainers of 2017 so far.
While TMPS was not a prior alert of ours, it has sparked our interest today, due to the incredible strength that it has been seeing on the way up. One of the key factors driving this move, is one that we constantly harp on with our readers and that is the fact that they have an incredible share structure that allows for more swift movement. As of their most recently confirmed tally on OTC Markets, 471,466 shares available to trade in the float as of 7/8/16. While today's volume was a clear indicator that there are clearly more shares in the float today, the speed of the run, combined with the amount of shares traded to get it there, goes to show that there is still a very tight share structure here. This becomes especially apparent when recognizing that the Authorized Share Count, which is usually well above the Outstanding Share Count and the float, was only sitting at 100,000,000 on 7/8/16. This sort of share structure is quite a rarity to see in the OTC, so it should not come as a surprise to see that this company trades on the elevated OTCQB tier, meaning that they are also financially reporting with audited financials! The fact that their financial disclosure forms are audited go a long way in building investor trust and making traders feel more comfortable with investing in TMPS.
Now the reason for the big move here, becomes even more interesting when reading between the lines, or better yet we should say, the financial disclosure forms! We say this because a recent form D filing dated back on May 16th, shows that a Swedish Billionaire by the name of Johan Eliasch has purchased 89.2% of the outstanding shares here. This means that already tiny float is almost entirely locked down, allowing this to essentially move on air, so to speak. Between netting large Military contracts, having a small float, having major investors coming on board, and the company being well positioned for future government contracts, this is a high energy play that everyone should be keeping a close eye on.
And also, if you have not done so already, our own penny stock alert platform has a steady flow of new picks that will be released to our Platinum Members first and foremost, before they have been seen by anyone else. Over the course of the past 6 weeks, our Platinum Members picks have gained as much as 250%, so we suggest that you SUBSCRIBE TODAY if you would like the early word on the top picks from our platform.
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