Redchip Continues Track Record of Discovering Winning Stocks
Red chip’s long history of discovering tomorrow’s blue chips today started two decades ago in 1992.
Noted for early calls on Starbucks, Nike, Marketwatch .com, and many others, Red chip grew to become the recognized leader in Micro Cap Stocks and SmallCap Stocks research. Since 2005, under the leadership of Dave Gentry, Red chip has continued its strong track record of identifying winning stocks.
Red chip initiated coverage of Coffee Holdings Company (NYSE Amex: JVA) on October 12, 2005. Trading for only $5.49 per share, JVA surged 435% over the following six years, reaching a high of $29.35 in July 2011.
On October 24, 2005, Red chip initiated coverage of Greenfield Online (NYSE: SRVY). At the time, the stock was trading at $5.00 per share. It ran up 264% by the summer of 2007, reaching a high of $18.19 per share. In the fall of 2008, during a severe bear market, Microsoft (NASDAQ: MSFT) purchased SRVY for $17.47 per share – a 249% gain for Red chip investors.
LKQ Corp. (NASDAQ: LKQ) has been another major winner. Trading for a split-adjusted $8.30 per share when Red chip first issued coverage on November 28, 2005, the stock continues to make new highs, up 315%.
As the financial crisis began to take hold, Red chip continued to find winning opportunities for investors.
Red chip initiated coverage of Sharps Compliance (NASDAQ: SMED) on February 13, 2008. Trading at $2.45, SMED jumped more than 375% over the next 18 months.
Echo Therapeutics (NASDAQ: ECTE) reached a post-coverage high of $4.28 in July 2011, up more than 140% from its $1.75 share price when Red chip initiated coverage on February 28, 2008.
Elephant Talk Communications (NYSE Amex: ETAK) climbed 257% to its split-adjusted high of $4.28 per share in July 2007. While it recently pulled back, it still maintains a double-digit percentage gain from its split-adjusted price of $1.20 when Red chip initiated coverage on April 23, 2008.
ZAGG (NASDAQ: ZAGG), up over 1,200% since Red chip initiated coverage on May 29, 2008, reached a high of $16.62 in mid-2011 – a nearly 2,200% gain.
K12 (NYSE: LRN) was trading for only $14.64 per share when Red chip initiated coverage on March 13, 2009. After reaching a high of $39.37 in early 2011, a 169% gain, LRN is still up more than 40%.
Red chip initiated coverage of NovaGold (NYSE MKT: NG) on November 19, 2009. The mining company ran up over 180% by late 2010.
Red chip initiated coverage on Inventure Foods (NASDAQ: SNAK) on July 14, 2010. SNAK peaked at $6.67 per share, up 118%, on May 9, 2012.
Red chip first brought Antares Pharma (NASDAQ: ATRS) to investors’ attention on September 16, 2010. At the time it was trading for only $1.51 per share. Today ATRS is trading at $3.81 per share, representing a gain of 152%.
Investors who built a position in these companies at the start of Red chip coverage realized big gains over the long term.
About Red Chip Companies, Inc.
“Discovering Tomorrow’s Blue Chips Today”™
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- Vice President and Director of IR
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