I sold my shares at 0.0061 several weeks ago. I know i should have kept holding and maybe considered selling at a higher price but we all make mistakes. I think The short position that Sierra world Equities is going to have be covered on monday or tuesday at prices at 0.0065 or less. theres several penny stock Trading firms right now that have buy recommendations. I agree that trend is being more bullish now then had been in the past few months. you know what they say "dont fight the trend because the trend is your freind". Seeing as how we just got though a 6 week consolidation period , now is no longer the time to get bearish. thos days of being bearish on SVFC ended like on march 9th when the stock was trading at a penny. granted the stock price fell under it a bit. but this is not a new consolidation its only a pullback. pullbacks can only last for 3 or 4 sessions and this pullback is nearing a end. you dont get a consolidation ending and then a new consolidation begins immediately a few days later thats not how stocks trade. granted the stock is still in a pullback right now and that the stock could touch 0.0055 again between now and Wednesday morning but for the most part right now we have are selves a short squeeze and Sierra is going to get burned on trying to start a new short in SVFC. I say strong buy is you can get in under 0.006 but other wise i would only say regular buy rating at 0.0061 and a little above that.
Sierra world covered there position and then after this they opened a short position in SPLI and then shorted it for 6 days and then covered that today. now that they did that there's now a possibility that Sierra is going to go long on SVFC. Yesterday on Tuesday was the 20th session that this consolidation has lasted so far. and today on Wednesday is the 21st session of this consolidation.
Sierra has not once been right with respect to this stock. I can't see anyone ever following their advice unless you like throwing money away. I am buying again today, if Sierra wants to short then a better deal for me.