NSPR Could Be Deep Value Comeback StoryI wrote an extensive piece on NSPR in which I go into depth on the company and the potential turnaround story, you can find it here: rockvuecapital.wordpress.com
Trading at a 77% discount to book value, an 81% discount to sales, an 81% discount to NCAV, and a 43% discount to net cash, NSPR is roadkill in the market. However, no matter how great the value may seem, it does nothing for us if the price action doesn't coincide with our thesis. For this reason we must take into consideration the chart. As you can see from the chart, there is tremendous amounts of consolidation at the 0.76 to .60 price channel. In an effort to focus more on the price action, I am looking for a breakout from that 0.76 price level. If that breakout happens, it could signal the bullish thesis I laid out. A more convincing price action would be a breakout above the 50 MA. I am content to wait on this one and wait for the price action to confirm my entry.
Microcap
$IDXG On The Run Again and this time it will be sustainedLet's recap $IDXG CC:
1. New York State and AETNA approvals of ThyraMIR®, microRNA assay
2. Talked about the Debt being restructured
3. No more offerings
4. Reduced operating costs
5. Talks of doing business with their BarreGen model
6. Talks of partnering with another bio he didn't discuss.
7. EPS value of $3.25 vs -($12.04) same quarter last year
8. Sales of $3.122 million.
9. Goldman, Rodman and Renshaw, Barclays were on the CC too big boys will be here soon enough count on it.
10. 64% of the S/S is SHORT
11. Raised $14 million in gross equity and restructured over $9.3 million of secured debt
12. Revenue increased 39%
Also most importantly the Patent Approval!!!
$IDXG European Patent Decision data.epo.org
ALSO FULL YEAR HIGHLIGHTS READ HERE: ih.advfn.com
TSXV Micro-Cap Trend TradePure Energy Minerals has been on an uptrend over the past few months. As you can see on the chart, price has been following a trend line that the stock has recently met again. The price has been respecting the 20MA - 50MA during the uptrend and price is currently positioned right under the 20MA, for me this looks to be an area of value to buy for the next move up. It has just had a very bullish day and the StochRSI has shown it moving up from an oversold level, also the Squeeze Momentum Indicator is showing that the squeeze is currently on and the MACD is about to cross to a bullish signal. Next resistance is around $0.93 and my price target is $1.06
Trade valid until price closes below trend line.
above cloud/good volume and money flowwe believe a mix of micro cap with shorts and speciality etfs see our book on amazon to see our philosophy and trader psychology with our money management/good volume/adx is starting/stoc crossed/cci and percent r upper range/wait for 21 minute good bar to enter/always use stop/stop at close in cloud exit right/macd crossed after base
pennies to thousands microcap etf above cloud enter on green barour candidates come from this spectrum of stocks-we look for stocks in 1-9 range because in our book on amazon we report this area is underflowed-does well after rate hikes-do well in slow growth arena-good for takeovers-have high inside ownership-over the long term outperform-we preach diversify among industry and candidates-always have stop loss orders- exit quickly-dollar cost average out-always have a few shorts and volatility candidates and large cap etfs-to balance you can outperform etf if you follow our rules look for the edge our philosophy use limits on thin stocks-never trade first 15 minutes wait to confirm
