...AND THE MOVE UP BEGINS As I noted this past weekend, the anticipation buying looks to have in fact begun. No real surprise actually, as the ttiming right now is just about perfect for this to begin.
Imho, this will turn into an extended upside move. First, the stock appears to be very dry, aided no doubt by the torture of the past few months. During this time there was some significant accumulation of the stock. Weak hands changing over to strong hands, and then the run begins. It's a pattern repeated over and over in the market. And it'ss why I pay SO much attention to the trades going through. Far too many people just look at the share price which is just incredibly one-dimensional. Look into the trades. See what's happening, what games are being played. Look how the stock is being manipulated or controlled. Understand who your friends are and who your enemies are. That way, you'll see the moves for what they are and make decisions that are far far more relevant than emotional.
There might be some who would say "oh, we've seen these upside moves before in Nano, and it always peters out." Yes, that has been true. But again, this is the life of a pre-revenue company. Some news will come out that captures the imaginination, the stock runs, but there isn't the substance of whatever the news happening of the moment, happening now. As it applies to Nano, yes, it has always been good news, but in reality it has also been news that will only pay out at some point in the future. So the market loses sight, investors get bored, and the stock languishes. That's COMPLETELY normal at that point in a new company's cycle.
But are things different now? ABSOLUTELY!! We are now at a point where we can anticipate a series of news releases, and the VERY real worlk of Candiace coming to life. Additionally, real partnerships are now on the near term horizon, as is revenus. And these factors, ALL on the near term horizon now, are what vaults Nano into a new category of consideration. The news releases from here will have real meat on the bones, and the potential for the company will come truly into focus for investors. This IS different now, and I think what will prove to be not only an extremely exciting time, but alxo a very lucrative time for investors.
The only mistake I think investors can make at this point is twofold.
1) Not taking a position: We are at the very beginning of a hew phase for the company and a stock. The stock will move, and some might think they've somehow missed the boat. That couldn't be further from the truth. Yes, investors now will be even better positioned, but imho invesotrs who take positions in the next couple of months will also have huge gains. There is a LOT of runway here. now, for myself, I want to maximize the gain, so I'm thrilled to now have a full postion.
2) A mistake of many newbies is to sell too early. They make the mistake of counting their gains rather than assessing the potential. It seems to be an unfortunate right of passage for many newbies...picking the right stock at $3.00, selling at $6.00, only to see the stock run vastly higher than these levels. The money they "could" have made is astounding. When you find a company such as Nano, be patient with your gains. DON'T make decisions on your win/loss at all. Make them only on the prospects for the company. That way you'll enjoy the far far bigger gains to come. Of course, at a certain point all companies maximize their share price potential, and at that point it is time to sell. I guess what I'm saying here though is that (again) the runway for Nano is extremely long. Personally, I think the gains, if your simply patient enough, will be absolutely breath-taking.
If you've got your position, sit back and enjoy this wonderful ride to come. If you're thinking about more shares, or acquiring shares, that's fine too. Everyone has their moment to pull the trigger, however I would expect you'll be paying progressively more for those shares from here.
And finally, give yourself a pat on the back that you've found this stock, and see its potential. These finds are truly rare, but here you are. For myself, in the market for 40 years now, I think the potential here in this stock is better than any other stock I've been around. And in those years, I've had some massive wins. The potential here? EVEN BETTER.
Enjoy everyone. We are at that fascinating crossroads for Nano where dreams finally become reality, and in a timeframe that will sustain upside momentum. Damn this is going to be one stunning ride up!