RE:RE:RE: pumpingBerta11 wrote: You got to play the swings . The Mm are not going to put us up to 3? A crazy valuation before the spring run up .... no cause then it turns into a 5 dollar stock . It will in time but for now they run it up 10-15% then drop er down . History has shown that after a run we drop down and hold that price for a week or so then run up again . U buy now u missed the run . Period! Wait until tomorrow if 2.67 falls then look 2.54 and hit the next run .
Again the run is just beginning my friend. If hundreds of millions in revenue is already imminent the market will look to signs of further growth which is pretty much a guarantee at this point. The current market analyst projections are not factoring in accelerating growth which in international expansion is going to happen and reflect in upward rerates. There's also many other factors here that can result in upward rerates. This could be a $5 stock just based on a double in the patient list which I suspect is entirely possible by next spring. I was bearish in late spring early summer simply for the reason that I figured we'd see a more dramatic downward move to reflect correction on a valuation basis. That part of the trade is now in the rear view mirror and I see a lot less risks going forward now that there is more clarity in where Canada heading over the next year. The runs you are looking at on the 1 year chart look more like spikes to put things into simple terms. This rally you can see is a turn upward on the long term and with a higher base of support. Just my 2 cents. Cheers