Strong, New 1Q23 Sponsored Research Performance

Investment and Company Research
Opportunity Research
QUARTERLY REPORT
 

April 3, 2023

 

 

OPPORTUNITY RESEARCH PERFORMANCE: 1Q23

 

Featured Companies:

SOBR Safe (NASDAQ - SOBR); KwikClick (OTCQB – WNRS); Winners (OTCPK - WNRS); QSAM Biosciences (OTCQB – QSAM); Camber Energy (NYSE – CEI)

 

 

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1Q23 RESEARCH PERFORMANCE

An Absolute Home Run

Rob Goldman

[email protected]

April 3, 2023

SYNOPSIS

Our first ever quarterly performance report for our sponsored (Opportunity Research) stocks is nothing short of a home run. The underlying and featured companies include stocks in which we published a full report during the first quarter of 2023. It should be noted that that QSAM Biosciences, Inc. (OTCQB – QSAM) had an initiation of coverage report in January 2021 and we published an updated, full report, similar to an initiation report during the period. Winners, Inc. (OTCPK – WNRS) had both a full research report published during the period as well as a CEO Roundtable Video Interview. We only cited the original report, not the follow-up interview. Going forward, in the case of formal updates that reflect our opinion and commentary, we will cite that performance data, and refer to performance from the most recent full report.

As evidenced in the table below, we averaged a 31.1% return on all 5 stocks from publication date through the end of 1Q23. Interestingly, the peak intra-day or closing return from publication through the end of the period averaged a whopping 109.8%!

Meanwhile, the average low intra-day or closing return was just 17.3%. low return The best performer from the publication date through 3/31/23 was only (17.3%) ---a pittance compared to the volatility microcaps experienced. And as cited above, even if investors held our losers, their average return would have dwarfed essentially all key indices. The Russell 2000 Index, which is designed to serve as an index for small cap stocks rose just 2.3% while the NASDAQ Composite jumped by 16.8%, one of its strongest Q1 performances in recent memory. Still, our average was nearly doubled that of the Composite.

Now, we do not expect to consistently deliver such results. Nonetheless, we believe it is a good measure of our company and stock discernment on a sponsored basis.

Of the five companies under coverage, three rose and two declined---two of the three risers leaped higher while one of the two losers really took it on the chin. We should note that in all cases, we are still believers in the underlying stocks, management, and upside potential. Our best performer was SOBR, which rose by 138.8% for the quarter and had a peak return of 239.9%. Conversely, our poorest performer was KWIK, which declined by (-69.3%), with a peak low return of (-77.65%).

OUTLOOK

The second quarter may not bring big returns but we are very positive on its outlook. With a nearly 17% return YTD on the NASDAQ Composite, the upside is limited in the near term. Moreover, the 12-month forward P/E on the NASDAQ 100 is now 25.4x, with an RSI of 68.5. These figures compare with a paltry 2.% YTD return on the Russell 2000, a forward P/E of just 21.6x, and a more reasonable RSI of 50.4. We note that the Composite is up a strong 7.2% above its 200 DMA, while the Russell is down (1.1%) and down (3.4%) from its 50 DMA. If we get just a small move higher in the Russell, on a technical basis, we would go from a Neutral stance to Buy, a scenario we see happening in the early part of the second quarter, which starts on Monday. Oftentimes, the market starts off the quarter strongly and we see no reason for it to buck recent trends.

If you have been regularly opening our emails but not clicking and reading our reports, we strongly urge you to stay on top of the content on our website and social media.

Good hunting!

Note: GSCR does not guarantee the accuracy of its performance data published in The Opportunity Research 1Q23 Performance Report as the source of the data may not be properly updated or properly calculated.

SENIOR ANALYST: ROBERT GOLDMAN

Rob Goldman founded Goldman Small Cap Research in 2009 and has over 25 years of investment and company research experience as a senior research analyst and as a portfolio and mutual fund manager. During his tenure as a sell side analyst, Rob was a senior member of Piper Jaffray's Technology and Communications teams. Prior to joining Piper, Rob led Josephthal & Co.'s Washington-based Emerging Growth Research Group. In addition to his sell-side experience Rob served as Chief Investment Officer of a boutique investment management firm and Blue and White Investment Management, where he managed Small Cap Growth portfolios and The Blue and White Fund

ANALYST CERTIFICATION

I, Robert Goldman, hereby certify that the view expressed in this research report accurately reflect my personal views about the subject securities and issuers. I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the recommendations or views expressed in this research report.

DISCLAIMER

This Opportunity Research quarterly report was prepared for informational purposes only.

Goldman Small Cap Research, (a division of Two Triangle Consulting Group, LLC) produces research via two formats: Goldman Select Research and Goldman Opportunity Research. The Select format reflects the Firm’s internally generated stock ideas along with economic and stock market outlooks. Opportunity Research reports, updates and Microcap Hot Topics articles reflect sponsored (paid) research but can also include non-sponsored micro-cap research ideas that typically carry greater risks than those stocks covered in the Select Research category. It is important to note that while we may track performance separately, we utilize many of the same coverage criteria in determining coverage of all stocks in both research formats. Research reports on profiled stocks in the Opportunity Research format typically have a higher risk profile and may offer greater upside.

Compensation disclosures:

SOBR Safe: Goldman Small Cap Research was compensated by a third party in the amount of $4000 for a research report production and distribution, including a press release.

KwikClick: Goldman Small Cap Research was compensated by a third party in the amount of $6000 for research services including research report production and a press release.

Winners: Goldman Small Cap Research was compensated by the Company in the amount of $4000 for research services including research report production and a press release and $1500 for a CEO Roundtable Interview and update.

QSAM Bio: Goldman Small Cap Research was compensated by the Company in the amount of $1500 for research services including an updated research report production and a press release. A third party compensated GSCR in 2021 in the amount of $7500 for research services including research report and update production, distribution and a press release.

Camber Energy: Goldman Small Cap Research was compensated by a third party in the amount of $4000 for research services including research report production, distribution and a press release. .

All information contained in our reports were provided by the Company via filings, press releases or its website, or through our own due diligence. Our analysts are responsible only to the public, and are paid in advance to eliminate pecuniary interests, retain editorial control, and ensure independence. Analysts are compensated on a per report basis and not on the basis of his/her recommendations.

Goldman Small Cap Research is not affiliated in any way with Goldman Sachs & Co.

Separate from the factual content of our articles about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Such information and the opinions expressed are subject to change without notice.

The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research did not make an independent investigation or inquiry as to the accuracy of any information provided by the Company, or other firms. Goldman Small Cap Research relied solely upon information provided by the Company through its filings, press releases, presentations, and through its own internal due diligence for accuracy and completeness. Such information and the opinions expressed are subject to change without notice. A Goldman Small Cap Research report or note is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. This report does not take into account the investment objectives, financial situation, or particular needs of any particular person. This report does not provide all information material to an investor’s decision about whether or not to make any investment. Any discussion of risks in this presentation is not a disclosure of all risks or a complete discussion of the risks mentioned. Neither Goldman Small Cap Research, nor its parent, is registered as a securities broker-dealer or an investment adviser with FINRA, the U.S. Securities and Exchange Commission or with any state securities regulatory authority.

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