Edgewater Wireless: 2019 To Become The Year For This Nano Cap Stock

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Before continuing note that Edgewater Wireless is a nano cap stock with a market cap of $17M at the time of writing. It carries a very high risk which is why any investor must consult its financial advisor first and do its own due diligence.

In our top 5 stock forecasts for 2019, we focused on large cap stocks. We also see opportunities in the nano cap segment, especially with Edgewater Wireless. We expect Edgewater Wireless as a stock to do very well in 2019 because it may, both fundamentally and financially, turn out to be THE pivotal year for the company.

We will hasten to say that a year ago we predicted Edgewater Wireless to become a ten-bagger stock in this article: Edgewater Wireless (YFI.V) Ten-Bagger Technology Stock In The Making. This forecast has not materialized yet, but, visibly, we are on the right end as this year appeared to be instrumental for this company.

2019 a pivotal year for Edgewater Wireless stock

In our article last year we pointed out two important things we saw in this company’s corporate evolution. These observations are evident to us as we are following this company for 4 years already.

First, the company has clearly worked out a path to generate revenue. Below are three product / market combinations which are worked out better than say one or two years ago. It suggests to us that the company is becoming better in getting successes, which, ultimately, is the basis of growth.

Second, the company is getting traction. That is an incredibly important pivot point for any startup.

Yes, we believe this is finally reflected in the financial results. Fundamentals that become visible in the financials is a great thing, especially for nano and small cap stocks!

As per SEDAR where we found the company’s revenue from recent quarters:

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