ATV Stock – Quick Win: 48.72% Return in 14 Days

ATV Stock

Acorn International Co. (ATV) was a top stock pick based on predictive algorithm recommended to I Know First subscribers on July 9th for the 14 day time horizon. ATV had a signal of 582.20 and a predictability of 0.22. In accordance with the algorithm, the company reported short-term capital gains of 48.72%.

ATV was part of the stock forecast that can be found in the “Small Cap” Package.

This stock market forecast includes the best stocks determined by the algorithm with a market capitalization of less than a billion dollars.

  • 10 Best Small Cap stocks for the long position
  • 10 Best Small Cap stocks for the short position

ATV stock

 

Acorn International Co. (ATV) is a Chinese platform which develops, promotes and sells various products from different brands. On this platform, you can found a huge range of products as for example electronic learning, cosmetics, fitness, kitchen and mobile products. Customers can buy its products throughout different ways (TV, Internet, catalogs, outbound calls). The company was founded in 1998 and its headquarter is located in Shanghai.

ATV has growing rapidly during the last few weeks. In fact, at the beginning of July, the stock has regained the authorization to be trading among the Company’s American depositary shares (ADS). To become an ADS, there is a minimum share price criteria enforced by the New York Stock Exchange (NYSE). This authorization will attract more US investors because with ADS investors don’t have to deal with currency conversions and other cross-border obstacles. This is more convenient for them and this could explain the increasing attractiveness of ATV stock.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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