Retractable Technologies, Inc. (NYSE:RVP)

**Calls To Action - Locked in Some RVP and INTZ Gains

Retractable Technologies, Inc. (NYSE:RVP) ($13.10; $428m market cap) (medical device) has had a phenomenal run since we disclosed our long position and bullish article back on March 11, 2020 at $1.50. Shares began to tick up when we highlighted a contract award from a government site showing the company had been awarded an ~$83 million dollar contract. With shares up over 700+% we locked in some of our position’s gains.

Intrusion Inc (OOTC:INTZ) ($9.95; $137M market cap) (cyber security) has also had a strong run recently, doubling from early June 2020 when it traded atf $4.60. In May 2018, we initiated our long position in INTZ when the stock was trading at $1.35 based on a possible contract win and information arbitrage (InfoArb) from past conference calls.  On April 6, 2020, we also published a video where Maj went over the INTZ bullish thesis detailing more InfoArb. The stock was also added to our Favorite Model Portfolio and eventually earned a top 5 spot in it. You can see our original note here. 

With the recent surge in price on the heels of strength in many cyber security names, we have decided to lock some of our position’s gains.