On Monday I suggested that NNVC was ripe for a 10% rally to $1.00. As of Wednesday morning, it's there. Now what? Based on price and volume patterns, and sheer arrogance, I am looking for $1.50 to $2.00 in the weeks ahead.
A
14 comments:
Anonymous
said...
Allan,
With the way NNVC is going this morning ($1.15 at this writing) it may just hit $1.5 today.
Oh, did almost 30% on frg .. Thanks for the "breakout watch" heads up on that one a couple of weeks ago!
I picked up a sub to the dines letter about a year ago based on your recommend... Thanks for that one also. On a related note, I was also wondering if urz was on your radar .. I read on a message board that dines mentioned it at a conference a while back and I have been trading it for the last 1.5 years or so.
Just my two cents on NNVC.PK. There has been more than one PR that they are working on becoming fully reporting an moving to an exchange. This will be another motivator for higher PPS. Sure there will be some give back on this run. After all there's no sales being announced. :)
Congratulations on your NNVC call. I am a loyal reader of your blog about two years now and this is just one more example of your extraordinary ability to pull a rabbit out of a hat. For the record I want to say congratulations on your success. Warmest regards, Joe
What you were calling for "...in the weeks ahead..." happened in a couple days; then volume dried dried up totally between $1,50 and $1.20; today, Saturday, google news is showing around 600 articles on bird flu in England.
Please give us your updated thinking on NNVC, Allan.
And how's that old basket of Flu Stocks doing? Should we put some more eggs in?
The money spent on all Investment newsletters like Dines Letter can be charged as expense of trading stock, right?
Suppose you spend 1000 on newsletter, if you buy a stock for 10,000 and sell it for 11,000 the entire 1000 newsletter expense can be used toward offsetting profit and hence break even, right?
Also, Do James Dines still recommending buying Gold and other precious metal stock / funds?
Ash, I don't know, it's complicated, amount deductale depends on whether you trade for a living or a hobby, where you take it and whether or not you are blind. Yea, Dines likes Gold.
14 comments:
Allan,
With the way NNVC is going this morning ($1.15 at this writing) it may just hit $1.5 today.
Jon
50% in a day...damn, I'd have update my targets again, more work.
A
CYTR appears to be breaking out.
Greg Reiman
Allan, what do you think about Greg's recommendation of CYTR? too late to buy? Also, is NNVC still a buy?
I like the charts of both CYTR and NNVC, but know a lot more about NNVC, so that is where I am currently focused.
was tough not to bail with a nice profit today ... I decided to stay in a bit longer also .. it was nice to see a confirmation from your corner.
Oh, did almost 30% on frg .. Thanks for the "breakout watch" heads up on that one a couple of weeks ago!
I picked up a sub to the dines letter about a year ago based on your recommend... Thanks for that one also. On a related note, I was also wondering if urz was on your radar .. I read on a message board that dines mentioned it at a conference a while back and I have been trading it for the last 1.5 years or so.
Just my two cents on NNVC.PK. There has been more than one PR that they are working on becoming fully reporting an moving to an exchange. This will be another motivator for higher PPS. Sure there will be some give back on this run. After all there's no sales being announced. :)
curt
Allan,
Congratulations on your NNVC call. I am a loyal reader of your blog about two years now and this is just one more example of your extraordinary ability to pull a rabbit out of a hat. For the record I want to say congratulations on your success. Warmest regards, Joe
FYI: LNOP poped at the close. Good find Allan. I'm not in but I like the technology!
Tnx for the news of disruptive companies.
curt
Great calls Allan!
What you were calling for "...in the weeks ahead..." happened in a couple days; then volume dried dried up totally between $1,50 and $1.20; today, Saturday, google news is showing around 600 articles on bird flu in England.
Please give us your updated thinking on NNVC, Allan.
And how's that old basket of Flu Stocks doing? Should we put some more eggs in?
Take care!
Ali
I have had NNVC but sold it. I hope truly a cure can be found for Bird Flu and ultimately for many other cancers.
Chester
http://www.prayer-for-cancer.com
Hi Allan,
The money spent on all Investment newsletters like Dines Letter can be charged as expense of trading stock, right?
Suppose you spend 1000 on newsletter, if you buy a stock for 10,000 and sell it for 11,000 the entire 1000 newsletter expense can be used toward offsetting profit and hence break even, right?
Also,
Do James Dines still recommending buying Gold and other precious metal stock / funds?
Thanks
Ash
Ash, I don't know, it's complicated, amount deductale depends on whether you trade for a living or a hobby, where you take it and whether or not you are blind. Yea, Dines likes Gold.
A
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