THE DIFFERENCE BETWEEN "IF" AND "WHEN"Finding the right stock at the right time is always the challenge, and you truly need both to maximize success in the market. About 6 months ago, i came across Nano One through one of my scans, and set about learning about the company and equally important, how the stock trades. In my world, understanding market participants is also critical to total understanding, as these are the footprints of those higher up the food chain of knowledge of the company. This market understanding also allows you to see the games that get played on a stock (all stocks) each and every day. Quietly accumulating a stock, Quietly dumping a stock. While there are ways to at least attempt covering the tracks (hence, "the games"), with the right understanding and access, you can see through them for what they are. Through understanding these "footprints", you learn who your friends are, or who your enemies are and what is happening behind the scenes with very real money.
About 3 weeks ago, all the parametres I like where there, and I began taking a position in the company stock. By all acounts, I was thrilled with the stock, their product, and the timing in the market to maximize that potential. All of this was discussed in a previous post I did, so if you happened to have missed that, CLICK HERE to read.
Now, having taken on this position in the company stock, and having analized what I think the company potential is and the timing of this purchase, you might think the heavy lifting is done...nothing more than wait to reap the rewards. This is where many people in the market make what I think is a critical mistake, and you see it in these discussion forums all the time. The mistake goes like this: At the point people take their position, they also take the stance of "cheerleader", promoting the stock and essentially promoting why they are right. In the extreme, (and again, you see this all the time here), those same cheerleaders will actively criticize any stance that in any way challenges "their baby". They become defenders of their stock, and only bless other posts that take the same positive stance.
I take a completely different approach. When I choose to buy, and that buying take a LOT of convincing for myself through the process I use to evaluate a given stock, I IMMEDIATELY and RELENTLESSLY work to discredit my own thinking and stance. I embrace other views on these boards, to help with that process of challenging my thinking. Truthfully, it rarely meets my own ruthless approach, but it all helps.
But here's the interesting thing with Nano One. The further I try and challenge and discredit my stance, the more I find that I like about the company. Absoutely, I will continue to try and poke holes in my thinking, but at this point, I fully consider this a stock that in no way is "IF", but now only a question of "WHEN". That's a rare position for me to be in. Thrilling? Yes, of course. Rare? Absolutely. I have NO doubt thtat this stock is going to make me a lot (ok, a LOT) of money, and I think the only question now is only one of "when". But in looking to answerin the "when" question, I also think the timing right now to be in the stock is just about perfect, as the market will respond to the stock fully in the near term future.of the coming weeks and months. That timeframe is not long at all. I personally don't have patience for "years" in the stock, as I consider that to be idle money. If I'm in something I want that payoff in a reasonable time.
So Nano One at this point becomes an exquisite quandry. SO much potential on SO many fronts, and the further I try and poke holes in it, the more I'm liking it. That's uncommon, but SO nice when it happens. I'll continue on with this strategy of trying to discredit my own thinking regarding this stock, but it's getting progressively more tough to do. Again, if you are here now in this stock, know that you are an "early adopter" compared to the far more vast market that is out there. That's a GOOD thing. Because to my thinking, the market will be coming to this stock as they too wake up to the potential. And when they do, not long at all from now I think, the profit you'll see when compared to the current share price holds the potential to not only be good, but exponential.
Enjoy everyone. Of all stocks on the TSX, I think Nano One presents the absolute best mix for maximizing that potential to make a lot of money.