GEO Investing

This past  week, I engaged in a Skull Session Management Briefing with Jan Loeb, the CEO and President of Acorn Energy Inc (OOTC:ACFN), covering the company’s second-quarter results, growth strategies, and growth initiatives.

Acorn Energy manufactures remote monitoring products, focusing on industries like commercial, industrial, and residential power generation and corrosion protection. They faced a growth slowdown in 2022 due to the sunsetting of 3G technology, which led to a reduction in connections and revenue. However, they rebounded with a renewed focus on LTE technology and are now aiming for 20% annual cash basis revenue growth.

We are on a quest to determine if SMLR’s pullback is presenting a golden opportunity to revisit the stock and see if it can get back to its highs, which would represent returns of over 400%!

Due to our success in experiencing nice returns through buying stocks that pull back hard, we have outlined a 7-step due diligence process to help us understand if the market is overreacting to some seemingly negative news that sent SMLR spiraling downwards.

As a refresher, our string of 10 Buy On Pullback (BOP) Model Portfolios produced returns that would dictate a release of another one very soon.