WSGF Penny Proxy Alternative To Airbnb IPO
December 10 2020 - 09:41AM
InvestorsHub NewsWire
December 10. 2020 -- InvestorsHub NewsWire -- via pennymillions -- Today is the Airbnb IPO and the
Airbnb IPO pricing is even higher than anticipated at $68. With the
sharing economy P2P short-term rental market proving to be
resilient in the face of the pandemic, and now with a vaccine
starting to rollout, the Airbnb resiliency stands to grow into an
outright post quarantine get-me-out-of-here boom. The $68 pricing
could be small potatoes by the end of the day.
Whether is $45 or $65 or even over $100, participating in the
potential returns at such a price is outside the reach of many
investors. Finding a penny stock in a market parallel to a hot
trend on the big boards can be a potentially lucrative
strategy.
WSGF and its new subsidiary Vaycaychella serving the short-term
rental market serviced by Airbnb could be such an opportunity.
World Series of Golf, Inc. (OTC:
WSGF) acquired Vaycaychella in January of this year.
Vaycaychella has built a pilot business providing unconventional
investments to short-term rental operators. The company now has a
reported $12 million in properties under management all available
on Airbnb.
WSGF’s Vaycaychella is an Airbnb complimentary service provider
giving short-term rental property owners access to investment for
property purchases and refurbishments.
Now Vaycaychella is scaling that business with the introduction
of its own P2P App automating the connection of short-term vacation
rental property buyers with investors.
Goldman Small Cap Research published a research report on WSGF
earlier this week giving it a $0.20 PPS Target. The analyst
disclosed in the report his own intention to potentially purchase
WSGF stock. The report presents WSGF as a proxy and comp to the
Airbnb IPO.
WSGF - The
Next Great Sharing Economy Firm; Substantial Stock Gains
Ahead
The WSGF issued and outstanding is under 100 million shares. The
PPS closed yesterday at $0.08, setting a new 52 week high in the
course of the trading day with over 100 million shares traded.
WSGF’s Vaycaychella is a penny stock worth watching in parallel
to the Airbnb IPO.
SOURCE: pennymillions