Today's Monday meeting was interestingConsensus is that NXO is backing and filling as she moves forward. Expecting some anticipatory buying of imminent news regarding income deals. A newsletter writer or two would generate interest, volume and likely upward price movement. But our guy with contacts in that industry are intrigued by Nexoptic, but have yet to reach out to the company for any information. He feels that receipt of patents will de-risk the commercialization of their algorithms.
Now having said that, a couple of us have shed some shares to redeploy cash into other sectors. I believe Altius or Altus is a royalty that is acquiring streaming and royalty deals on the African continent. One of our guys sent out an informative email on that one this evening, and a couple are looking at making a buy.
Stay realistic people. We saw the covid market swoon back in February. It caught many by surprise, but not everyone. Be ready for this thing to turn on a dime, because those things happen and when the masses move in unison, they create a rush for the exits. And that applies to all companies good and bad. This thing touched 15 cents US back in the cool season. Don't fool yourself into thinking it cannot happen again. I hope not, but America is really on the cusp of greater civil unrest. People are angry and they are starting to fight back against the antifa and BLM crowd - who have looted and burned and bullied with little resistance by law enforcement. There is fighting in the streets throughout the States, and I've seen it in my own city. The police have had enough, and they are starting to strong-arm the protestors. Media not reporting it to any realistic extent. And the citizenry are standing firmly on the side of the protestors. In my many years, I always expected that if a civil war was to occur, it would be between the "patriot" centrist and right wing constitutionalists against a possibly leftist and over-reaching government. But, it seems, the patriot movement is standing firmly with law enforcement, the military, the President and many state governments that are non-Democrat. One of the gals said it so clearly when reflecting on this that "the enemy of my enemy is my friend". When I consider what I thought might happen, compared to what is currently happening, I guess it is the better alternative for America. Peace to all and profitable investing.