(PDPG) Update: Rocking Early, Today's Breakout Idea Is Up Approximately 193% With Breaking News
Turn your immediate focus to PDPG this second. Here's why.
PDGP is on fire early and has already hit a high of $.069+.
With this burst, PDPG is up approximately 193%.
Part of this move could be due to today's major company announcement. Check it out:
Performance Drink Group Adds Top Industry Veteran James Gracely as New SVP
WHEAT RIDGE, CO / ACCESSWIRE / April 11, 2022 / Performance Drink Group, Inc. (OTC PINK:PDPG) ("Performance Drink" or the "Company"), a new force in the manufacturing of unique Sports Nutrition and Energy Drinks, is pleased to announce the hiring of James Gracely, a senior executive with more than 20 years' experience in the Beverage, Health & Wellness industry, as the Company's new Senior Vice President ("SVP").
During his tenure at VPX/Bang Energy, James helped grow annual sales at the company from under $80Mn to more than $ Bn doll-ars, achieving a 10% market share in the energy category. During this period, he held the roles of National Sales Director and Vice President of Sales, managing a sales team of both domestic and international members.
Previously, James was an integral part of the foundation that created Ignite Beverages, a subsidiary of Ignite international. As President of Ignite Beverages, he helped to introduce a portfolio of performance beverages including alkaline water and functional energy, as well as moving into the alcohol space with tequila and vodka.
James was then named Sales Director for Dan Bilzerian's company "Ignite International" where he was responsible for a suite of Ignite products for domestic and international markets, including beverages, C-B-D products, and vape. With James on board, Ignite turned a $10Mn loss in 2019 into a $20Mn pro-fit in 2020. He has recently been consulting for beverage and snack brands, helping companies with product placement in convenience, grocery, and military retail.
"James is a game-changer, and we are truly excited to bring him on board as our new SVP," stated PDPG CEO David W. Lovatt. "He brings deep experience and a long track record of relevant success to the table, and we know he will help Performance Drink Group emerge as a leader in the performance beverage space."
Read the full article here.
From a technical standpoint, PDPG has now moved above 4 lines of potential support including its
- 5-Day Simple Moving Average (SMA)
- 20-Day SMA
- 5-Day Exponential Moving Average (EMA)
- 13-Day EMA
If potential support grows at those levels, it could become building blocks for an even bigger near term move.
Take a second now to read my initial PDPG report below and get it on your radar quickly.