Some thoughts Not investment advice: What a
Post# of 1023
Not investment advice:
What a great day yesterday. So many things happened in the 10k. It was everything I expected; no horrific surprises.
SCIE now has a market cap of just over $3 million (multiply outstanding shares X share price). Very nice! This is a great starting point for any company; yet alone a penny stock! My thought, SCIE is ridiculously undervalued and should be at .01 or higher right now.
Now that we successfully made it to the 10K, we have a lot of things to look forward to.
We know SCIE said 2016 is the year for sales to begin again; we know we had some sales in 2015 and in total we had over $700,000 in sales in less than 4 years. So, 2016 – 2017 is the year for sales to really begin. Excellent. And by the way...$700,000??? Mind blowingly awesome for a PENNY STOCK!
The 10Q for the periods from January 2016 to march 2016 is set to be released on or before May 16th which is only 48 days away! Im sure we’ll get yet another PR either just prior to May 16th or slightly after.
Quote:
10Q only 48 days away!
The chart is looking fabulous. Are you wanting to be a long term investor but still find yourself stuck looking at the daily chart? ZOOM OUT! The 6 month and yearly chart looks great for long term investors! Those MA lines are going to cross shortly (again, I use 50,100 and 200 MA lines but you use whatever you’d like).
Our ‘friends’ the naysayers are back in force which is great for us because not only do they offer comic relief, they only show up when progress has been achieved; and according to the 10K, SCIE made a LOT of progress in 2015. The going is slow and arduous, and patience is definitely a virtue when investing, but it should be worth it long term if they keep up with this momentum.
Im still sticking with my next important price point of .012.
Another key date to focus on is April 20th. That’s where the ichimoku cloud has turned green and is moving both up and to the right. im interested to see what happens when we get there.
We still have the support line from the cloud at around .0009 and surprise surprise, we haven’t come close to hitting it yet. But if we do drop that low, I still have confidence that the share price will bounce off of it.
Long term investors realize and appreciate the fact that we continually plot higher lows. Even if we drop to .003, its still a higher low than March 9th at .0016. Theres a lot of legroom with this chart and im going to make as much use of it as possible.
SCIE is becoming more involved with their Facebook page. They just uploaded a new picture of two people with the WavSTAT4 being shipped to England. Very impressive! This shows transparency for investors.
The oncoscope acquisition. Unbelievable. Once SCIE incorporates Onco’s technology into their own product, it will add even more value to the company.
Although there is a running joke in OTC land about the term ‘buyout’ being thrown around at every turn, it makes more and more sense to me that eventually SCIE will be acquired by a giant company. Michael Oliver has been in the business for decades of flipping failing companies and turning them into successes and then selling them. It would be great if he did this with SCIE! PENTAX definitely knows SCIE exists. Olympus must know of SCIE by now. SCIE holds many patents which wont expire for years. This is a recipe for a buyout; my opinion. Oh look, I threw around the word' buyout'.
Its great SCIE is looking for more distributors than simply sticking only with PENTAX. Let’s get their name out there and be distributed by several companies! This could lead to eventual bidding wars for an exclusive deal.
Don’t forget from a previous post, SCIE is working on selling their products to China as well and Saudi Arabia and already has been in contact with a company about bringing the WavSTAT4 to china.
Lets keep an eye on that PENTAX USA website too. The WavSTAT4 shows up on most PENTAX medical sites (Italy, UK, Germany, Spain) except for the USA. So, when we see the WavSTAT4 being offered in America, it means something big changed and something even bigger is about to begin.
Again, im very happy with this investment and have my sell orders already in place. I’m not afraid to sell my entire position early if tragic news hits, simply because its not wise to become emotionally attached to your investments. But for the near future (as in the next 12 - 16 months), I have yet to find any news which leads me to believe this company is going anywhere but up up up, and I will continue to average up (and down if possible) as I see fit.
We know SCIE sells their forceps as a reoccurring purchase every month or every quarter (great selling tactic on SCIE’s end - read about it in a previous post “razor-razorblade model”). So from now on (once sales begin, not necessarily saying this upcoming 10Q, but soon) many 10Q's should show new sales which will only push the share price up even more. Mix this with PRs and we’ve got a recipe for even more momentum.
Great company, great investment. I'm sure competitors have their eyes on Spectrascience as we speak.
Not investment advice. Go call your broker.
SpectraSCIENCE Inc. (SCIE) Stock Research Links
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