I've been investing for a long time.
And during most of that time, I've sought to compare and contrast.
Looked for similarities.
Similar circumstances in fundamentals::: what happened to Company X when they did this? How does that compare to Company Y? Is there a better example if I compare Company Z to Company X?
Similar circumstances in technicals:::: I'm constantly comparing charts. Trying to find similarities.
Hey, we all have our own tricks and strategies.
This is mine. Or at least some of what I do.
It's worked pretty well for me so far.
I invested $15,000 in the stock market in 1988.
My securities portfolio is now almost 200 times that.
Anyway, here's the gist of this message.
Looking for a similar chart pattern (and believe me, there are lots of patterns that are similar...although I also include other factors in my chart comparisons that I won't share here...that help me decide on any stock play), I think I've found a glimpse into NBS' future.
There's a head and shoulder pattern followed by a sharp drop.
A small recovery which precedes sideways trading for an extended period.
This all leads up to a major move upwards.
Check it out. Just the technical aspects. Not the fundamentals. I'm looking for similar patterns here...plus a few other technical things.
Look at 2012 to 2013.
That my friends is a glimpse of where NBS is headed.
$20-$25 in a very short amount of time.
Man I hear ya , I've been into stocks for 20 years & made a significant amount of money & have a lot riding on NBS, I've made good investments by connecting the dots with different companies in the same group ie buyouts & also watching trends . Health care in general is a 4T dollar opportunity !! I remember 1 line in an article about 3 years ago & the analyst said that big pharma's are not spending as much on R&D instead they are simply going to buy the smaller bio-techs once they reach a certain point of success , I've spent 20 hours a week since then doing research. PS: My largest bio-tech holding is ATRS with 2,500 shares, Anyone into bio-tech should own this one, good chance of buyout later this year by PFE? if not great company with no debt & 80m in cash.