TSXV:MRS.H - Post by User
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ScarletSpideron May 17, 2023 7:06am
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Post# 35451807
RE:RE:I Have Avoided Posting Here For 2 Reasons
RE:RE:I Have Avoided Posting Here For 2 ReasonsFor a dime or less this isn't a bad option although it will remain a buy and hold for as long as the pending contracts continue to drip out. I anticipate the drip will become a flow. Here is the thing everything is affected by the supply chain issue but what I strongly believe is worse is what I hammered on in the past and that was businesses whining about the higher interest rates yet sitting flush with mountains of cash. The bottom line is this, governments have constantly raised rates to tame supposed inflation from growths that clearly didn't happen as expected maybe the did. The whole US will see the greatest growth in 40 years because there will be lot of movement after the lockdown and getting back to pre covid levels was touted for the reason to "tame inflation" and to do so the rates needed to go up however as the rates go up people don't want to pay them so they wait them out. The whole stupidity was not only the notion that we would see such unprecedented growth which I think was a bloody over exaggeration but we also were hearing about soft landings due to the banks being better leveraged than they were during all the other crisis yet two of the largest banks along with others got into the banking crisis because of stupid shiate coins and crypto so everyone suffered because of that but ironically not those who know how to trade crypto they have been enjoying huge gains at the expense of everyone else. I can't stand crypto one bit and that was a large part as to what I strongly believed lead to the banking crisis had there been no crypto why would people making higher interest pull all their money out. The big issue is those with crypto were thinking they need to add to all the usual fraud and money laundering people like the Biance CEO has been allegedly doing. Had the governments shut crypto down we wouldn't be in this banking mess. With that being said it looks like the stupid crypto front is beginning to stabilize and now with the stupid Russia Invasion dragging on and which hasn't helped the economy yet another nail in the coffin for a recession governments and experts have stopped talking soft landing and are finally saying what they should have said long ago recession and despite people thinking this is bad not under the current circumstances because we have seen rate increases and the mess we are in very protracted stock growth now what you will definitely see is rates being cut they already have banks were handily giving 4 percent interest low to high of 5 percent for people to lock in their money now that rate is more like 3 to 4.5 or thereabouts with the rates still softening which means the rates will likely keep falling and all those who complain about high borrowing costs will be happy and guess what just watch what will start happening with stocks. Couple with the fact that in Canada it seems like the politicians are indicating an endemic in regards to covid and one of the big hits by the looks of it that this company got nailed on. The bottom line is things are looking more and more favorable to the stocks starting to pick up most likely coming year. Every damn stock across the board is heavily down most dead money although take this one for example it doubled or close to it at .045 where I stated it should have never been to where it edged down from to now. This stock is very attractive at .05 to .10 more than .10 I would need to see consecutive smaller contracts or a huge one and they can't be constipated as they have been. I suspect there will be at least one more before the year is through. While it may or may not move the needle up it will move it enough to keep the floor around this level. It will be really stupid in my opinion for anyone to let these go for less than .07. I actually value these around the .10 mark but would be hard pressed to pay more. Now assuming .10 and unless there are contracts I don't care about developmental news I would like at a .07 to .08 range and hold that is personally speaking. I don't doubt there will be big contracts it is only the issue of when exactly. This remains extremely attractive at .07 to .08 and less so moving above. Like I said high of .10 for me that's it. I don't suspect anything contract wise until fall I don't know why I am saying this other than gut but I have been so wrong of the $3 plus although the company has been clearly manipulated down and not properly awarded what it rightfully earned. Nevertheless there is domestic interest in what can be those fair size contracts everyone has been waiting for and rightly and justly they should finally come. I think it will still take a year or so but near to mid term I would be looking at .15 to .20 and if one buys around the .07 to .08 even .10 that is not a bad return selling some to take monies out. So I look at .10 max with the intent to take some if not all monies out .15 to .20 but I will literally do that with all but the one stock I am holding and not looking to trade all that much axe not to promote it I have my reasons for doing so I hope I am right. Now if people could find solid Tsx main stocks .50 to $2 and you see their history those are the ones I would go after. I was strongly considering Cenovus at $2 in fact I was talking with a trusted friend he didn't like the risk I loved seeing an energy company trading that low in the mid 20s and has remained high. If I noticed Cardinal Energy at .50 or less in 2020 I would have strongly considered that $6.50 plus yesterday. I am huge on clean oil and gas although through most of last year and this year many have been viciously shorted however as people have projected many are starting to show extremely strong balance sheet numbers and these stocks will start to explode although a bit of dampening is Russia killing the oil prices by selling cheap even so despite China most likely buying from the West as was hoped with the sanctions against Russia all the Western allies who at one time may have bought from Russia still needs gas so there is a huge need for it which should theoretically offset Russia doing what it is and whether China India etc buy from the US and Canada doesn't matter to some extent as a lot of Europe Australia etc are hungry for gas and we need it too. Axe is a clean tech there are tons of juniors popping up some even taking gas out of Canada which I call the Canadian government stupid to allow it the way it is happening but as someone sniffing for money you go where it is. In any case axe is partnered with Cenovus and Suncor Broadview had an interest in fact they owned the land the pilot project was being conducted on and still so but they sold the land making more money from their properties to Cardinal Energy which holders of axe share are wondering will be the first client to the gas as their objective is to have co2 negative to no more than neutral sources and from the looks of it they have the lowest carbon foot print. Axe shares remain down because the company sustained wear and tear to equipment after around 6 months of continuous heating and oil flow although they are still recovering oil. But the shares will stay down until the heating cycle starts again. The cycle has been suspended for nearly a year and it is unclear when it will start although management looks to want it done for sometime June so a once .80 share fell to .19 and last .27. I have small amounts but my number 1 holding 5900 shares I had nearly 8000 but I sold off to buy comics and literally sold everything else to buy comics. My other oil petroteq has been on a long halt due to failing to file financials changing in from gap to international reporting standards so that's useless and my last equity that consolidated on a 20 to 1 basis is not even trading at where it was prior to consolidation which was half a cent it is at a quarter cent equivalency. But my eyes are mostly on axe and energy however I need to build my trading stock position which is all the rest because I know with axe anyways once heating starts it should be able to get to .40 to .50 possibly more conservatively .40 to .50 and if the company starts seeing contracts and clients this yearit should be a $2 plus stock. They are generating revenue from computer software which is part of their extracting process and possibly money on oil which they are recovering the only thing is there is not great transparency on that part so hard to say. In any case where it is trading right now to even .40 .50 is well worth buying as that is 1.5 times from a share value of .30 which is ask but the shares really bid between .21 and .24 but hard to get at those prices but I bet insiders are there are strange manipulations going on there lots of shorting anyways but people at retail are not biting despite the ongoing bait to do so. We expect heat on and the shares to reach at least .40 to .50 conservatively but the million dollar question is when specifically I strongly feel it will most likely be June. In any case, as I look to hold there and if they jump I will likely leave buying shares as I need stock to trade and build my plan there is to wait for above $2 before remotely moving shares and I can't tie up all my money hence why I am looking here again and nxo both attractive at where they are trading as well as vm acu which I held but sold off and so far not one company has made me regret doing so but I knew these at .045 were a sure near double so while holding at axe I do regret not listening to my gut to buy here leveraging with some shares from there and prior to that not buying medmira shares at a nickel despite seeing twice at least the shares doubling if not more...that is one you buy and hold and within the year regardless of its ridiculous 600 million plus outstanding it always at least doubles so I regret knowing that yet not buying at a nickel...I will if it ever hits the nickel again I know it is good for a double. In any case I will keep my eyes here no reason that within a year this should not get to .15 to .20 if not more. If it makes it .10 that's my max price I hard pass after if it sits .10 or less I will come for shares here and the nxo and possibly cost average both to about 2000 to 4000 shares while also targeting vm and acu but mostly around the 7 to 8 for vm and no more than .045 acu. Money can be made especially if you fish closest to the bottom of the barrel but all stocks I expect will see a bump next year if not late this one but the only thing is stupid tax loss. I have my eyes on a few others odd cvx pea nova song last two are medical media is medical nrx looks interesting if I got the symbol right based out of Israel science on spinal cord injury. There are attractive stocks but at this price as I am going on .10 or less yeah I am super attracted for a 15 to 20 strike sale be it half three quarters or all. I am actually looking to build bank so I may sell full out and buy back in or I may hold a quarter to half it all depends how I feel the stocks will move but I can't have long periods of dead money and take long market risks so I will take at least half monies our on all but axe which I have a strategy of sorts already but that also in the end will face my same litmus I actually expect 5 plus this year but most likely .50 to $2 seems to be the trajectory. This one should be able to near double or better within a year at least my gut thinks so so like I said .10 max sweet spot .07 to .08 for me and if people want to sell less ok I will take it but I won't move on anything until August have a huge safety box expense. Anyways this is quite attractive to me I know the company makes revenue they just need to fix the gross profits which by various things like the combat shirt this thing will explode. It has been snake bitten and deserves far better it will have that the company keeps working hard and has more than earned it. No matter what whether I hold shares or not I want this to explode people who have faithfully held long deserve way better good luck all.