Hey newtoscrc; I agree that the elimination of
Post# of 7769
Posted On: 07/11/2014 8:45:30 PM
Hey newtoscrc;
I agree that the elimination of the toxic debt along with some pretty great sales numbers makes this quite an interesting story. I too have had my eyes on SCRC for a while now and have been buying in slowly on the dips.
As far as when the market picks up on this, your guess is as good as mine. I hope you're loading up though because once word does get out on this stock it is going to rip. Take a look at the 52-week chart. About a year ago the stock hit $.97. We're coming up on those dates today and early next week... pretty soon the 52-week high is going to drop down, likely in the $.40 range.
If you're asking me I am a buyer all the way up to $.35 to $.40 because after that it's going to start hitting 52-week high lists. Once that happens people will take notice, once they take notice, read press releases... forget it off to the races.
Does anyone remember PLUG? I bought into plug before the Internet thought it was the greatest stock on the planet. I'd show you my brokerage statements but at this point it's a moot point. I had PLUG at $.26-$.28. I sold in the $.70's.... mainly because it doubled, I was happy. Then look at it.... RIPPED! I got out a little early on that one, whoops.
I feel the same could happen with SCRC and now is the opportunity to get in early and at a great average price. Hard to say, but I feel like the $2.00 range is not unheard of here.... (again, see PLUG which if you look SCRC is doing better numbers relative to where PLUG was when it spiked).
Anyway, I'm open for discussion on this. I'd like to hear your thoughts? When do YOU think it will get going?
Have a good weekend all, keep your eyes on the prize. Let's see what next week has in store.
Bishop
I agree that the elimination of the toxic debt along with some pretty great sales numbers makes this quite an interesting story. I too have had my eyes on SCRC for a while now and have been buying in slowly on the dips.
As far as when the market picks up on this, your guess is as good as mine. I hope you're loading up though because once word does get out on this stock it is going to rip. Take a look at the 52-week chart. About a year ago the stock hit $.97. We're coming up on those dates today and early next week... pretty soon the 52-week high is going to drop down, likely in the $.40 range.
If you're asking me I am a buyer all the way up to $.35 to $.40 because after that it's going to start hitting 52-week high lists. Once that happens people will take notice, once they take notice, read press releases... forget it off to the races.
Does anyone remember PLUG? I bought into plug before the Internet thought it was the greatest stock on the planet. I'd show you my brokerage statements but at this point it's a moot point. I had PLUG at $.26-$.28. I sold in the $.70's.... mainly because it doubled, I was happy. Then look at it.... RIPPED! I got out a little early on that one, whoops.
I feel the same could happen with SCRC and now is the opportunity to get in early and at a great average price. Hard to say, but I feel like the $2.00 range is not unheard of here.... (again, see PLUG which if you look SCRC is doing better numbers relative to where PLUG was when it spiked).
Anyway, I'm open for discussion on this. I'd like to hear your thoughts? When do YOU think it will get going?
Have a good weekend all, keep your eyes on the prize. Let's see what next week has in store.
Bishop
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