are all signs of a bottom in progress for SQQQ. A Break above today's high (near open) would take us back up to 65 and of course above 65 would confirm the completion of the change in Market direction. World Markets dropped big yesterday and that is another sign of more to come. Bad weather across the US will accelerate the drop below. Again, if I am wrong and the markets keep going up, my Long-Term holdings will just keep on going higher. I own March Calls on SQQQ as a hedge against my long positions. Long VSCI - The entire world will soon be using their Endosheath technology and Endoscopes to prevent infections which have been on the rise across the world. Bacteria is becoming too immune to normal disinfectants as seen by the rise of infections cases in Endoscopic procedures around the world. US Government agencies will soon mandate the use of VSCI products and Insurance companies will insist on using their technology as well to reduce the risk of law-suits associated with rising infections.
Though Gold prices are telling us to buy here, I prefer to wait. I will be a buyer of Gold and Gold Miners when GLD is in the 900's, and if it goes up from here, I am OK with missing that rade. Buy the way my 2014 top pick is VSCI.
I think today's action was a headfake to let everyone think the move up will continue. I hope I am wrong because I am 100% long, but my feeling is that tomorrow will be a reversal of today's action and the drop in the markets will continue - probably ignited by some major event.
Consider it a better buying opportunity. Small caps will fluctuate in price as part of their normal trading. Within the uptrend channel, buy at the bottom of the channel whenever you can.
Yes - I said $1000 not even $1000 if the entire world starts to adopt VSCI Scopes and Endosheath systems for all endoscopy procedures..this would be like inventing a new DVD or Blueray standard, except for something that saves lives..so it is essential for the market place. Wow - imagine the potential for that..and folks this is not far-fetched given all the incidents that have been talking place and I am sure more to come..not to mention the associated Risk and Financial liability that hospitals are taking unnecessarily using current endoscope cleaning methods.
From the Call:
Over time we hope the paradigm will shift to an all flexible endoscopic procedures will employ our EndoSheath technology to protect patients against the hazards of inadequate endoscopic reprocessing. Another validation of our technology platform comes from the recent agreement we entered into with 21st Century Oncology as its preferred vendor of choice for endoscopy equipment used for the evaluation and treatment procedures in multiple therapeutic and cancer care areas.
The agreement covers our advanced fiberoptic and video-based endoscopic imaging products, including flexible laryngoscopes, TNE, bronchoscopes and cystoscopes, all of which are utilized in the diagnosing, treatment and management of head and neck, esophageal, lung and bladder cancer among other diseases.
Under this agreement, we had the opportunity to outfit each of 21st Century’s 166 treatment centers in the US and Latin America with our state-of-the-art imaging technology, and the only sterile endoscopic solution in the market. We met with them last week to discuss the roll-out of the plan, and we are pleased, we already have received orders under this agreement.
All these circumstances contribute to the growing body of data on the clinical efficacy of our EndoSheath technology as a durable microbial barrier that further support the advantages of using our sterile disposable technolog
VSCI finally has a clear plan on how to take this stock to $100+ and it will happen once their Scopes/Endosheath Technology become the De Facto Standard for all future Endoscope procedures around the world. Heck, this thing could go to $1000 not just $100 if they execute properly and capitalize on every opportunity to reach that goal.
-- The Affordable Care Act creates potential liability for all healthcare facilities for hospital-acquired infections. Vision Sciences(R) technology offers an option for hospitals to reduce liability and lower costs/overhead.
-- EndoSheath(R) Technology eliminates the lengthy and costly cleaning and sterilization process required between each use for conventional endoscopes.
-- Important notes about a Vision-Sciences procedure:
An endoscope is placed inside a new, sterile sheath.
The endoscope itself never comes in contact with the patient at any point.
Following the patient procedure, the endoscope is removed from the sheath, which is then discarded.
The sheath plus our rapid cleaning procedure eliminates the need for time-consuming, toxic high-level disinfection/sterilization between each use.
-- FDA cleared EndoSheath(R) Technology as an alternative to the lengthy and costly disinfecting and sterilization procedures required for conventional endoscopes.
-- CDC endorsed FDA clearance of EndoSheath(R) Technology as recently as of July 2013.
VSCI does not need financing. CEO is bank rolling all the money VSCI needs and he is keeping all the shares he can to run it up to $100. Quit offering VSCI advice and buy and hide this stock for your kids.
Hey - I am long RFMD, but it does fall below 4.5, you stay the hell away from me :) ..unless you are a pretty girl (and over 18) that is :)
No you got it all wrong. It appears like you do not know how to read a clue even if it were as clear as I posted above. No, RFMD will Shoot up after earnings based on the strong profit estimate its key supplier IQE has provided.
If all Lew wanted was only $3/share he could have sold on more than opportunity $6 not 3, but he still did not because he knows/wants VSCI to go a lot higher. VSCI will hit $12+ in 2014 and could go a lot higher with any government mandates with their solid IP (Intellectual Property) / Patents. The market is all theirs.
quickration20 - If all Lew wanted was $3 bucks for his company, why do you think he did not sell a single share when the stock $6 on more than one occasion years apart? I totally disagree with you. VSCI is heading to $12 in 2014 and could go a lot higher after consolidation. Look at the weekly and monthly charts to see what I mean. If you can't or don't see it, I can share with you some of my own.
It does not seem to matter; the CEO is putting all the cash he needs to make his baby successful. Better yet, he converts all of his debt into stock at fair market value. He does NOT want to dilute the stock which he is majority holder of. He wants to turn this baby around after over 15 years and his time has come. The CEO he hired also means business and the bulk of his compensation depends on the performance of the stock.
You are right on. But the way I see it, it is a 38% retracement from the bottom to the top of the recent move. You are looking at a lower timeframe than I am. I am looking at the 30 Minute Chart.
seems like a broken record..
Call sellers took out Call buyers; Now time to take AAPL higher and wipe out the Put Buyers at 570.