Star Navigation Systems Group Ltd C.SNA

RE:RE:Seriously

[pikeroo_007]

pikeroo_007 wrote:

pikeroo_007 wrote: A few months ago I was speaking about a possible rally in small caps. I think it has begun finally. After a long 2 year death valley, it seems small caps want to turn around. Some of the pot stocks had a nice rally yesterday, Cse index stocks have been beaten up really hard since February 2020 extreme hyped top. It seems a bottom has been reached, it's time to hedge your bets again. Patience is required as their will be peaks and valleys along the way, but it's time to hit your favorite small caps. Disclaimer: I could be wrong, I am no expert, just some experience. I do like how this SNA stock price action is acting, it's finally playing catch up to the multiple pr's it has received in the last few months. But 4 cents is still not enough for me for the pr's it has released, Sp has more room to grow and I think Stars seem to finally be lining up. These small caps should pretty much all go up in a coordinated move as is usually the case, so again pick your favorites and ride the wave, don't try to penny flip as being early in the trend you will get knocked out of your position.

  On October 26 th I posted my opinion on the markets.  Go look at the Dow Jones chart now.  Now ok CSE Chart not as bullish, but a lot of the small caps stocks are on the move.  Someone had gotten in at pretty much that exact timing of my post is looking good right now.  I will go and add more to this story right now.  I think that around that time on October 26th we entered a new bull cycle that will last multi month and even multi years.  Media will send all sorts of white noise saying one day bullish stuff then two weeks later they will be bearish, but I think in the longer term were good.  Now here are a few investment ideas.  Gold has been on a tear since it's low of around 1600$ and is now sitting in the 1900's.  Gold is a slow moving asset so one has to remain patient, but gold did reach 2100$ a couple of times and formed a multi year cup and handle.  We will see 2100$ price smashed in months to come and years to come.  Silver price will also follow that performance, although Silver is a more volatile asset.  Gold and silver miners are a good hedge to both assets.  RCK.V I posted about also back in october.  That company announced a billion dollar contract agreement with Mercedes. Stock price went from 2.80 to 3.70 on that annoucement, which was not enough in my opinion for that kind of announcement.  Then SP declined to 2.00nbsp; One can now buy RCK.V again at 2.80...that is the price of the pre announcement of the billion dollar contract.  Think about that for a moment.  I am sure there are other very good investment ideas out there.  Remember though that market has been going up since october, you jump in now and a retrace could be in the cards.  You don't jump in now and market could continue going steady eddy up for the next two months.  Not a bad idea to jump in on light positions and add on the retrace.  So if you jump in and it retraces, don't panic and hold your positions.  This is a longterm play what I am describing, not a daytrade.  Now my last trade idea is of course our beloved SNA.  Now SNA was at some point sitting at 1.5 cents.  Since then it has given us a nice bounce to now 4 cents.  I sincerely believe that Star has delivered very positive news in the last year, news that should have us sitting higher than 4 cents, it's just a matter of time until the market pushes it higher.  If all the LOI's were sales this is easily a 9 cents stock.  Again discounting hype and market momentum.  It is similar to what RCK.V did, in the fact that it had news and the SP declined on the news, but at some point the shareprice will catchup to the news.  Sure we don't have billion dollar news, neither are we sitting at 2.80 a share.  Althought that Lapset Corridor news does have potential to line up a few millions to bolster a nice shareprice.  We simply don't have the numbers on that one.  Goodluck everyone, again be patient and ride the wave, I think it s a good one.

 About what i said on RCK a couple of days ago and buying at 2.80.  High of 3.08 today.  Watch it go over longterm.