5 out of the 6 days celtic green pretty impressive. The
5 out of the 6 days celtic green pretty impressive. The stock gave back a little today as we had a 50k to 100k seller last 5 minutes as it won't take much to bring it back to double digits. Bfor today we say at 45 rsi and probably went down to 42 rsi today.
A lot of things can go right. If and when the 10k is complete it will take pressure off the stock as buyers will go back to picking away at stock. Most people I speak to are pretty amazed that with all the negativity that scrc has endure we have recovered a very large % of the wed massacre of 8.8m shares. As Guts alluded to their are several near term catalysts that can kick n and move this stock once again.
I am very interested to see what the whole month of April brings as we lost CVS on March 13th as we all know. There are many that say with CVS not in the equation we will be less than what we were for March we we had CVS for approx 2 weeks. Well we have about 10 days to see the results for April and this is probably a very important # to the market. This stock and company has tremndous resolve and the recent buyng to me suggests new investors like the story. Plus buyers know that q1 is profitable and SCRC is likely the only PROFITABLE COMPANY ON THE PINK EXCHANGE IN Q1.
We also know that Bob spoke about a pharmacy deal at the NYC conference.The major allure is we will go from 7 states to 40 states and even with the CVS loss that will bring in potentially a lot more business. Of course it will take time to ramp business up I would think 3 to 4 months. I agree with a # of posters discussing that the 2nd half of the year has great possibilities.
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