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Bullboard - Stock Discussion Forum Cameo Industries Corp - Ordinary Shares CRUUF

Cameo Industries Corp is mainly engaged in the business of exploring and developing mineral properties. Its projects comprise of Willa Project, Carrizal Cobalt Project, Montreal Cobalt Project and Big Mac gold project among others.

OTCPK:CRUUF - Post Discussion

Cameo Industries Corp - Ordinary Shares > strong buy rate - based on my model JMHO
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Post by PositionTrade on Nov 16, 2016 4:43pm

strong buy rate - based on my model JMHO

While V.CRU is highly speculative with lots of weak points,but it does have some chance to fly much higher!! Major reasons are:

1) it is cheap now (cap$4m), we're at same cost as insiders, so little risk to crash or down deep!

2) Mgmt is serious to go MJ industry! They will do anything possible to get a home run!

3) Very bullish Sector and huge mkt gives it great imagine space!

4) LT TA, only one major resistance. Above 10c, it is blue sky. Mid-Turm Tgt=50c

5) No Risk, No Return! This one is worth the risk!

So, RRP = 900/25 x 0.5 = 18 (R=reward%, R=risk%, P=probability to win. RRP>10 = strong buy)

That is VERY STRONG BUY! Potential Black Horse and King!

Comment by PositionTrade on Nov 17, 2016 2:12am
That is just level 1 thinking. And the "probability to win" is a highly speculative estimation with big uncertainty.  To more accurately evaluate the situation we need level 3 or level 4 thinking, which I may discuss later. About levels of thinking, refer to : Keynesian beauty contest in wiki. That said: "It is not a case of choosing those [faces] that, to the best of one's ...more  
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