One of them is that they are in the right sector at the right time. Another is that BLBX has a best-in-class trading platform taking advantage of massive growth in the retail trading markets. But perhaps the biggest reason for BLBX's spike in share price could be the result of Forbes noting that the fintech sector has received a record
In fact, so are the institutional investors that ponied up
Revenues Spike 81% In Q2
In August,
This is important to note- the increases are intentional. In other words, BLBX is proving that its strategy to drive revenues and increase its user base is working. And with hundreds of thousands of dollars used to improve marketing and enhance its industry-leading technology, it's good to know the returns are positive. Better yet, they continue to put revenues to good use by implementing new technology designed to allow BLBX to scale even faster. Thus, growth is happening today. In fact, BLBX is pretty clear that creating value isn't only a long-term objective. They plan to see accretive results by the end of 2021. With its Q3 report imminent, investors won't wait long to find out.
Of course, give credit where it's due. BLBX's revenue growth is a result of having an excellent product and platform.
But, as valuable as those features are, there's more to like. Its biggest attraction could be from the platform's innovative software that takes the guesswork out of trading by employing "predictive technology" enhanced by AI to find volatility and unusual market activity resulting in rapid price changes of a stock or option. Simply put, within a millisecond,
Here's the kicker-
BlackBoxStocks Is Fast and Furious
Oh, and it's fast- really fast. The embedded technology continuously scans the NASDAQ,
And for more sophisticated traders and those taking advantage by participating from the sidelines, the platform provides a live audio/video feature allowing its members to broadcast on their own channels to share trade ideas. Hence, for those using the tool in a trading community, utilizing the benefits of knowledge, speed, and access to real-time information can be the split-second difference between winning and losing trades. By the way, big brands are taking an interest as well.
Last year, BLBX teamed its powerful platform with the innovative and market-leading tools at TradeStation. That deal is a win-win-win for everyone involved, but more so for users by enabling them to trade stocks and options via TradeStation without ever leaving the BlackBox platform. And it's especially excellent news for BLBX by making them one of the only companies offering a financial technology and social media hybrid platform that provides real-time proprietary analytics for stock and options traders of all levels.
Indeed, users responded well. And rightfully so. The partnership immediately provided new and existing users with a Quick-Click feature that loads proprietary automated alerts for options contracts through a simple two-click process. The genius of the integration is in its simplicity. And without having to know how, the most important feature is that it saves traders valuable time on order entry and execution. After all, when it comes to trading, having time on your side is an invaluable asset. Here's another advantage. Users get a dual benefit from real-time BlackBox trading alerts and from TradeStation's discounted trading rate with no ticket fee to BlackBox members using this feature.
Perhaps best of all, both companies are combining proprietary efficiencies to provide users a lightning-fast order entry system to dramatically reduce the time it takes to enter options contracts. That speed can be the difference between successful and ineffective trading strategies. As noted, the process is simple to follow. Users simply click on any of BlackBox's proprietary options alerts or options flow data, click the highlighted trade button, and watch the trade get executed. The partnership is transformative to BLBX. Of course, it's likely a reason for the surge in share price and record-setting revenues.
Still, while past performance provides a historical perspective, investors trade in the present and the future. The excellent news there is that BLBX is performing ahead of expectations. And that's an excellent indicator for those trading on trends.
Record-Setting Performance YTD 2021
Investors following BLBX know that 2020 was an excellent year of growth. And the better news is that the trend is more than in place; it's accelerating. In Q1 of this year, BLBX posted a 259% jump in revenues to
As noted, that trend continues. BLBX reported an 81% and 141% spike in revenues for the three and six months ending
Keep this in mind, too. While prior quarters justify its current valuation, the news from Wednesday supports a premium. After all, the fintech sector is booming, retail investment is surging, and BLBX is unique in providing tools and technology once reserved for professional traders. Best of all, BLBX's plan is in motion and leverages technology, brand, and partnership muscle to accelerate its mission to earn a sizable share of a multi-billion-dollar retail trading market.
Thus, the bottom line is simple- with BLBX leveling the playing field and its platform helpful to millions of traders, the value proposition at current prices is more than attractive; it's compelling. And taking advantage ahead of another expected record-setting performance may be a wise decision.
In fact, with traders buying shares above the offering price yesterday, the bulls appear to be in control. Following the herd may not be a bad idea.
Disclaimers:
The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.
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