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
now that's why I like to see...
ReplyDeletefocused small cap buys...
none of that etf diworsification.
-Mike
why>what
ReplyDelete"But it's all right now, I learned my lesson well.
ReplyDelete"You see, ya can't please everyone, so ya got to please yourself."
I just hope that NNVC trading at
ReplyDelete.666 means nothing. I'm not superstitious or anything....but my wife does believe in the jinx.
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
ReplyDeleteHow 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
ReplyDeleteI 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.
ReplyDeletesrsr is a p&d!
ReplyDelete>How do you find all these hidden gems ?
ReplyDeleteMore 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
5x to 10x>>>3x to 4x
ReplyDeleteFTWR
BGP
BZ
RAD
ZZ
-Mike
I see SRSR looks like it is now parabolic! Never forget that most always every parabolic wave is fully retraced.
ReplyDelete- cramar