New week, new opportunities to acquire Nano I believe this will be the first week in many years Nano One begins the trading week with a previous close at $0.71. I held off last week for adding to the position. But as the calendar 2024 year rolls along, I believe we continue to approach some real progress by Nano One.
Nothing is going to happen fast. Nano will continue to plot along and announce measured steps to improve their overall positioning in this growing sector. This stock will not double anytime soon.
However, I can see a ~20% to ~40% bump from today's trading price by year end based on sector momentum and some reasonably meaningful updates from Nano (e.g., timelines and funding for Candiac 1 upgrades, FEL3 updates, new reactor design from Pickton plant, etc.).
~20% is a fantastic return for new money introduced today with a 4 month timeframe in mind. And therefore this is a week where I build a new position in Nano One with a goal to close the position by year end 2024.
Who knows, I might even be right one of these rolls of the dice. Undeniably a gamble. But baby needs a new pair of shoes.
good luck to all the longs.