Post by
Smokey1958 on Mar 15, 2021 8:38pm
What a DAY!
Have yet to see a stock meeting analyses projections ...before the opening of the markets ...but Sparta did it today.
Before opening its most significant level of support was at $.185. Morningstar's Fair Value sp was $.21 after market close on Friday ...and we finished there at close. The resistance levels at $.225, $.24 and $.26 were going to be a challenge ....but will be a reasonable and exciting target for tomorrow. Barchart has now had a 100% Strong Buy on SAY for a month and in the top 1% for shorterm signals during that same time frame.
An NR on covid contracts for a large Trucking Firm in the next couple of weeks ...and imho one could reasonably expect the sp to be heading toward $.30 come April. Also with April and the onset of Spring weather, investors could also expect an NR on the real estate development in Prince Edward County.
With these developments, and any news on an upscaling of the plastics to fuel technology over the next few months, investors should see some significant reward for holding patiently.
Have a great night!!!