MGRX

*Sponsored by Bullzeye Media

 

Hey Folks, Jeff Bishop here.

The markets have been unusually boring this week — trading mostly sideways — and there really hasn’t been any huge news that could shake things up. 

Boring except for my recent Bullseye ideas, that is!!!

You know I can’t ever get enough of fast-moving trade ideas, and right now, I have my eye on a small-cap company that spiked over 20% yesterday – and I think it could just be getting started.

I’ve been killing it on these ideas lately, and if you haven’t been paying attention, you missed my small-cap “Bright Idea 💡” two weeks ago that climbed nearly 50%

the very same day I recommended it…

And you also missed last week’s idea, which jumped 21% day of, and another 20%

premarket the following day.

I don’t mention all of that to “toot my own horn 📯” (well, maybe a little!); I do it to point out that we are in a very hot market.

We don’t get many times like we are seeing right now, so it is especially important to pay attention when the right ideas come along.

Today is one of those times.

Right now, I strongly suggest you pull up this stock chart:

Mangoceuticals, Inc. (Nasdaq: MGRX)

It’s an up-and-coming men’s health and wellness company that’s stock price has been sliding gradually since its IPO in March, but is showing every sign of having finally found its footing.

Based on what I’m seeing, yesterday’s jump could well be just the early innings of a major rally to come.

This is just a beautiful chart.

Currently up around 45% over the last month, all of the dips have been bought, and we have seen a steady accumulation driving it higher.

I would keep an extremely close eye on this one as long as the “GO” trend stays in place.  

Here are three more reasons this stock deserves your attention right now.

Aggressive and growth-oriented marketing

I first heard of MGRX on BarStool Sports’ popular “Only Stans” podcast a few months ago. The company sponsored 8 episodes of the podcast, which reaches an average of 320,000 listeners per episode.

The company’s flagship product is a prescription medication for male “ED” issues called Mango 🥭, which uses the same active ingredients as the other two major drugs in the space.  

You know what they are (the little “blue pill,” and the annoying commercials with couples holding hands in the bathtubs), but I won’t mention them here otherwise this email would go to your spam box!

But unlike those huge multi-billion dollar brands, whose marketing seems to target the elderly, Mango’s marketing seems to target younger, more sexually active audiences. Just a glance at the company’s website will show you what I mean.

In addition to the Barstool Sports show, the company has sponsored podcasts such as:

That’s quite the lineup!

The company has also retained a marketing agency to help with social media advertising on Meta (Instagram/Facebook), Google, and YouTube.

You can check out the company’s YouTube channel here for a sense of their… provocative advertising. As you can see, several of the videos have gone viral and they are pretty darn funny.

In addition — and this is something I think is especially promising — the company in October launched an affiliate marketing program whereby publishers and influencers can sign up at this website to access company-approved media, tools, and content to use on their own marketing platforms.

If all goes well, MGRX expects this program may drive “up to 20% of the Company’s overall gross revenues.”

That’s a huge number!

It’s worth noting for our purposes that while the primary purpose of this comprehensive marketing plan is undoubtedly to increase revenue, it will also increase brand — and, ultimately, stock recognition.

I’m sure I’m not the only one who has come across an ad for an interesting and innovative company and checked out its ticker.

And remember: A little brand recognition goes a long way with these upstart companies. You aren’t likely to read about MGRX on the Wall Street Journal front page, so coming across an ad on a podcast can be the best way potential investors learn about the stock.

Unique appeal

The marketing approach MGRX takes isn’t just arbitrary or cosmetic: The company has a special appeal to younger people…

A 2013 study found that ED affected 26% of men younger than 40, almost half of whom had severe ED. Obviously, there’s a social stigma associated with ED, and many men who have it find it embarrassing. That’s probably especially true for young men.

MGRX has a solution to at least help mitigate that concern: telemedicine. 

The company makes it simple to book an online telehealth visit, then medical providers in its medical network review and approve a prescription if medically appropriate. 

At that point, the product then gets sent directly to the consumer — no awkward in-person doctor visit or pharmacy visit is necessary.

Frankly, I had heard about telemedicine during Covid, but I never realized it could be that simple to book an online appointment and receive a prescription in the mail, all thanks to the same company.

That kind of private, low-drag approach to ED treatment has got to be successful, and sure enough the company has been killing it on revenue: It’s up 28.8% from Q1 to Q2, 42.5% from Q2 to Q3, and 59% from Q1 to Q3. 

As an investor, that’s the kind of growth you love to see in this market.

Product diversification

On November 16, MGRX announced an expansion of its product line beyond Mango: a new hair-growth treatment it has dubbed “Grow.” 

According to the company’s press release, “The custom compounded hair growth treatment combines four clinically proven hair growth products encapsulated in convenient chewable, mint-flavored tablets.”

It appears to be that announcement that has led the stock price to nearly double in the span of three weeks — and for good reason.

Clearly, men concerned about ED may also be concerned about hair loss, and MGRX has long stated its intention to expand into that market, as well as “weight loss, performance, and various hormone therapies.”

If all of these problems can be diagnosed and treated with the same approach MGRX has taken with ED, I’d expect a great deal of appeal. 

And indeed, MGRX has taken steps to make just that possible. Last week, the company announced its selection of a company to offer its customers “a minimally invasive FDA approved at-home blood collection device and testing service,” TRYBE Labs.

According to the company, the blood tests can achieve a “full range of testing, and physician-read results for male health and performance evaluation — including hormone, thyroid and vitamin levels.”

Again, I didn’t realize this type of at-home service was possible, and it will enable MGRX to diversify into all the areas mentioned above. The appeal is obvious.

Conclusion

I have to be honest: I haven’t come across a small company this intriguing in a long time…

Between its dynamic, multi-pronged approach to marketing… its innovative use of telemedicine… and its now-expanding product line, I won’t be surprised if those revenue numbers keep accelerating.

Over the last three weeks, investors seem to have finally caught on, and as I mentioned, the current stock price, $.83, is nearly double the November low it hit on the day it announced “Grow.”

Is this a ceiling, or will MGRX have the… ahem… stamina to keep climbing? The go/no-go algo is signaling “go,” and I have to agree.

At the very least, I think this stock deserves your sincere attention. My conclusions are my own, and you’ll have to make up your own mind, and of course, always have a trading game plan that makes sense for you.

As always, check out the stock’s chart, but with this company, I especially recommend checking out their main website, their affiliate website, and their social media.

To Your Success,

Jeff Bishop

 

*This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results.

 

 

DISCLAIMER

*PAID ADVERTISEMENT. Raging Bull has currently been paid twelve thousand dollars from Bullzeye Media who was compensated by a third party not affiliated with the Company for advertising Mangoceuticals, Inc. from a period beginning on December 6 through December 7, 2023. The third party, Company, or their affiliates may own and likely wish to liquidate shares of the Company at or near the time you receive this advertisement, which has the potential to hurt share prices. This advertisement and other marketing efforts, including alerts, may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of Mangoceuticals, Inc., increased trading volume, and possibly an increased share price of Mangoceuticals, Inc.’s securities, which may or may not be temporary and decrease once the marketing arrangement has ended. As a result of this advertisement and other marketing efforts, Raging Bull may receive advertising revenue from new advertisers and collect email addresses from readers that it may be able to monetize. As of the date of the issuance of this advertisement, the owners of Raging Bull do not hold a position in Mangoceuticals, Inc., though they reserve the right to buy or sell shares in the covered company at any time following the dissemination of this communication.

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