I just got in MEAD (MEAD Instruments), click here at $4.50 with no targets set as you know how and what a 800K float stock does. I looked at their last quarter numbers which in fact is not needed for momentum guys (lol) and they look okay. If the momentum gets stronger we can expect a "much higher" price from here. let's keep any eye on it.
Ultra low float are always always risky...but they are tempting :)
A general Caution and Advise --As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!
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Who is Mr.Incredible?
- Mr.Incredible
- New Jersey, United States
- Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!
what is your target price on MEAD?
ReplyDeleteAs I posted on the blog I do not want to announce the price target on MEAD. When CTID was at .85 I thought it would hit $3 but it went to $40 in 2 days, yes you read it correct, $40 and the same with Live, MTSL, and RITT. Regarding MEAD, with ultra micro float of 800k shares, who knows how, when and where it will go but all I can tell is it will reach "much higher" and that all depends on who's engaged in it.
ReplyDelete"Trade with utmost caution. Not for everyone. I think capital preservation is more important than losing money on risky stocks. Think twice before you jump on such stocks."
CDTI jumped from .80 to $40 in 3 trading days
http://finance.yahoo.com/q/hp?s=CDTI&a=09&b=18&c=2010&d=09&e=28&f=2010&g=d
Live jumped from $4.40 to $14 in 4 trading days
http://finance.yahoo.com/q/hp?s=LIVE&a=09&b=19&c=2010&d=09&e=25&f=2010&g=d
and there are many others that did miracles in the past. Maybe it's MEAD's time now!!!
Thoughts on DYNT? Its at the lowest price of its most recent run. Hoping for some interest to show up soon and take it back up or we could possibly see the 1.15 area.
ReplyDeleteSounds like a interesting stock.
ReplyDelete