Tuesday, July 14, 2009

SRSR

SRSR is up about 25% since first written up here on July 1st and up about 300% since I bought it about 90 days ago.




Is the run over, or is SRSR still a Buy?



The Daily chart above is suggesting $0.20 for a measured Elliott Wave 5-wave up advance. If that comes to pass, no doubt much higher prices will be projected from that level. At current price of 10c a share, there is tremendous leverage if their story pans out. If not, then even at a 50% stop-loss, the risk would be 50% against a 100% to thousands of percent gains in the months and years ahead.

Not quite the same as buying NNVC at a dime three years ago, but the same risk:reward type of analysis.


A



11 comments:

Mike said...

now that's why I like to see...

focused small cap buys...

none of that etf diworsification.

-Mike

Mike said...

why>what

Allan said...

"But it's all right now, I learned my lesson well.

"You see, ya can't please everyone, so ya got to please yourself."

Dave said...

I just hope that NNVC trading at
.666 means nothing. I'm not superstitious or anything....but my wife does believe in the jinx.

Anonymous said...

As a long time NNVC long I much prefer .666 to .555. Allan is preparing a blog update on the more recent developments for the succesful future of NNVC. Allan, I am extremely confident, has done his own extensive due diligence regarding NNVC. I have prospered reading this blog over the past 4 years, but I suspect the best is yet to come. Warmest regards from NYC, joe

Ubreako said...

How do you find all these hidden gems ? I would have never thought that such great companies hide in the pink sheets and OTC markets. I look forward to riding one stock with you and your readers. Too bad i only just found out about NNVC. Would have been nice to but it at 10cents to ride it up to 3.75

Dave said...

I have been reading Allan for almost two years and also hold NNVC shares, albeit at a higher average cost than .10. I'm not worried and every time it takes a dip, I buy more.

Anonymous said...

srsr is a p&d!

Mike said...

>How do you find all these hidden gems ?

More than 5% of the Russell 3000 components experienced +200% gains in the March to May/June rally...

Many with 5x to 10x the 40% norm.

Like catching fireflies in the night...their energy just needs to be captured.

Excel® helps.

-Mike

Mike said...

5x to 10x>>>3x to 4x

FTWR
BGP
BZ
RAD
ZZ

-Mike

Anonymous said...

I see SRSR looks like it is now parabolic! Never forget that most always every parabolic wave is fully retraced.

- cramar