Hi Hot Copperites. I have just joined. I have just bought NRR- surprised to see they haven't run harder on their technology. Not sure how many competitive technologies are out there, but they have 36% increase in revenue to $5m odd, and is obviously not "smoke & mirrors" as it is deployed in 11 hospitals, and I am sure the hospitals would have dropped it like a hot potato if it wasn't a good thing. I think it has very big potential depending on what is out there competing with it.
I can't work out why CXZ is not trading higher than it is. To be tested, ratified and signed up for by major car-makers representing large chunks of the market, revenue starting to flow from Flex, and large potential passive revenue in the near future. I bought at 0.23 months ago, and they have put out so many positive announcements, yet you get stocks like AWD (Vonex) which trade at 10 times their price from 3 weeks ago, and they are bleeding money in probably one of the most competitive and dynamic industries in the world, and have a market cap post acquisition of over $50m at their high.
I have almost given up using logic in the market (thought I would use my name to keep me inspired). It seems to be more about spruking and momentum trading rather than investing. I have stopped trying to trade now and only "invest". Obviously I am not happy when prices go down, but I have worked out that I am right about 80% of the time and just need to hold my position or average down.
I have just sold my RMS- another example of a company that will be fully cash backed within 12 months, and effectively has no value attributed to all it's assets-needed the money to pay for NRR and was sick of waiting for people to wake up to a very good "investment"-not trade.
I hold YNB, SFI, NRR, PRA, OMT, MOZO (just got .01 for half my holding-in at 0.005). LITCB, SHE, PYC (got to question the competancy of that board-effectively making their value drop by 70%-luckily only had a smaller holding), MNE and GLN (still waiting for any more news on Myostin Pharmaceuticals?-can't even see announcement now as it has gone off my news feed-any clues anybody if this is ever going to happen?
I typically only invest $1k-2K amounts as I don't have loads of money to lose.
NRR Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
