Posted On: 11/18/2014 6:33:47 PM
Post# of 7769
Agreed. For starters in the last 4 weeks scrc has gone from .088 to as high as .145 and now has settled in around .12 cents. The stock ran in anticipation of the earnings/meeting and has held on to a nice solid gain of approx 35% or market cap increased 4.5m dollars a rather noteworthy move. So to hear this rhetoric of why didn't it move you may want to revisit .088 just 20 days ago. As I have stated the other forum has less than Ironridge and some of the posters think 6 months is a long time to hold a stock, well I don't share that same view-point. The stock indeed has had a very nice move and has taken a natural pause and holding onto a very nice 35% gain. If you don't believe me pull up a chart and you will see as it's in black and white. I made it crystal clear that even when earnings would come out don't expect anything intact I said .11 to .12 would probably be rarity. Well my crystal ball for once was pretty accurate predicting the price. ok. So i am 1 out of 100. The core called the fundamentals over 18 months ago and PREDICTED OVER 18 MONTHS AGO THAT Q3 OF 2014 WOULD BE PROFITABILITY. I WOULD SAY PRETTY DAMN GOOD CALL. Here is my call on when the price will do far better I believe in q2 of 2015 towards the end of the quarter SCRC will really start to explode to the upside. So thats my call does it mean .14.18 .22 .26…. thats for you to figure out. I believe when we go thru q4 of 2014,q1 of 2015, and q2 of 2015 that is when all the supply will be cleaned up. Let's see by the end of q2 2015 if I am accurate or not. That should give the market ample time to learn about SCRC as well as eat up any overhang thats in the market. IMO I believe I have a # in my head but I will keep it to myself.
Bottom Line: Do I see this exploding in the next 20 to 40 days? No. However as we churn thru supply from BKRT/WDCO it will improve. We have had major improvement with fundamentals but SEASIDE DOES NOT CARE IF WE EARN .10 CENTS FOR THE QUARTER THEY HAVE A PROGRAM IN PLACE THAT WORKS AND THEY WILL NOT DEVIATE JUST BECAUSE SCRC'S FUNDAMENTALS ARE IMPROVING. The good news if I am right as it's my opinion is we have less than 2m shares left. It's my opinion that there may indeed more than 8m more for sale but thats my simple guess.
Bottom Line: Do I see this exploding in the next 20 to 40 days? No. However as we churn thru supply from BKRT/WDCO it will improve. We have had major improvement with fundamentals but SEASIDE DOES NOT CARE IF WE EARN .10 CENTS FOR THE QUARTER THEY HAVE A PROGRAM IN PLACE THAT WORKS AND THEY WILL NOT DEVIATE JUST BECAUSE SCRC'S FUNDAMENTALS ARE IMPROVING. The good news if I am right as it's my opinion is we have less than 2m shares left. It's my opinion that there may indeed more than 8m more for sale but thats my simple guess.
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