Will Lightning Strike Twice?
In nature, contrary to popular belief, it does happen.
In the case of Canaco, I really wish it would happen. A couple of weeks ago I commented that the Signal Stockscore for CAN had gone to 2 on a scale of 1 to 100. Since nothing is a sure thing in the market, Signal Stockscore allows a range of 2 to 98. So we were totally doomed with the lowest rating possible. I commented that a contrarian seeing an absolute disaster before him would bet the other way. By chance, the next day Canaco rallied and continued to soar to the almost unimaginable heights of $4.25 before resuming its funk.
Today, I am delighted to announce that we have achieved what only a few beaten up companies could hope to achieve--the abyssmal rating level once again of 2!
I cannot wait until the opening tomorrow. We are going to be rich, I tell you, rich!! (-: