mitchdevan

mitchdevan

The company has $46m, or $3.46 a share, in cash and net current assets of about $106 million or about $8 a share. The companies liquidation value is about $10 per share. Companies like this can sell for 1.2 to 2.5 times revenue. RELL’s revenue per share is $11.72. The potential of the stock moving from being perceived as a value stock to a growth stock will...

mitchdevan

We bought a lot of SUP at the $2.00 level and sold a little of it at $5.25. We still hold a large position and see the potential for the stock to trade above $10 with continued Improving fundamentals

mitchdevan

In the short term the stock has lots of resistance between $2 and $2.25. Once the stock breaks the $2.50 - $3.00 range, it could run to the upside very quickly as the stock begins to realize its hidden value. The company just did a secondary at $1.50. It is common for a stock to briefly trade lower to the price of its secondary, then rapidly turn to the...

mitchdevan

This stock will move rapidly to the upside, once it breaks the $2.50 - $3.00 range it is anyone's guess how high it will go

mitchdevan

We paid less than $2 this past fall for SUP It traded above $6 just last month It is now worth $4.40 could be worth more than $15

mitchdevan

First bought this under $2 a year ago. It is now over $6 Could easily be over $12 a year from now

mitchdevan

If they did decide to sell the company I believe it would conservatively be worth $12 a share. If revenue continues to expand, or even expands more rapidly the sale price could be much higher.

mitchdevan

could easily trade at $20 in 12 to 24 months. The fact they improved revenue and margins as the economy weakened is very impressive.

mitchdevan

SRGA business is built around elective surgeries. As long as Covid is packing the hospitals companies like SRGA most likely will tread water. The stock will trade above $4 after the secondary closes.

mitchdevan

RRTS is worth $10 in a pre-covid environment. Very strong fundamentals make this a safer homerun stock

mitchdevan

fundamentals justify $3.00; stock price could move significantly higher

mitchdevan

iuuuy

mitchdevan

buy $5000

mitchdevan

accumulate $5000 worth

mitchdevan

If so, play TZA. Invest $1000, cut your loss if your investment goes below $800. Ride your gains if your investment goes above $1500. I'll reimburse you $200 if your investment goes below $800.

mitchdevan

230 shares

mitchdevan

Short-term one year daily chart Resistance Level 1 - $145 Level 2 - $155 Level 3 - $170 Support Level 1 - $130 Mild Strength Level 2 - $120 Moderate Strength Level 3 - $110 Mild Strength Level 4 - $90 Moderate Strength NYSE:V Long-term five year weekly chart: Both charts show a similar pattern emerging.

mitchdevan

After a sharp, steep incline I usually wait for a 50% correction. Cutting half the recent gains would pull the price back to 13.73. Next leg up could take it to $18. I'd start pulling the rip cord around $13. 25% - 30% upside potential for 10% downside risk.