The stock closed well, nothing like tomorrow though, the momentum will build and build, here is a post off tradercents from the Prophet:
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Well the days trading even though it was down most of the day was extremely light, those that were selling at the bids were only selling 500 or 1000 shares. The accumulation during the last 45 minutes of trading is KEY here. I have been told that the lift in the stock will start tomorrow with large buys going in through-out the day.
This tells me two things: one a deal or deals are about to be released by CLVE within one or two days from now, and the insiders/houses are starting to load up. The other thing it tells me is that all PR firms, promotions, and the company itself is ready to move.
Keep in mind the public float is fairly low, my guess one million shares tops. This will be the second reason that CLVE will jump quickly, the first obviously being the news.
The one's that have taken their profits from buying in low, in my opinion are out, and the consolidation in the one dollar range has to be drawing to a close.
My best suggestion: buy in tomorrow - fairly early - run with the big players, and pick your exit points. I personally do not have an exit point yet in mind because I know what can/may take place with this stock, not only from a technical standpoint but also from an information assesment.
I am not here to promote the stock, although some may call it that, I have merely stated my pick and see a very large reward in the near future. I am still buying and very comfortable with this investment.
Major company meetings are to occur tomorrow, and this may be the fact strong buying is said to be coming into this play. One or two of these many deals should be put to bed tomorrow, and then watch for a steady stream of news headed our way.
My group will be buying again tomorrow, and I would urge others to do the same that are not into this play or may just want to get a better position.
Someone asked for a price estimate by the end of this week, if it hasn't hit the two dollar range, I would be extremely surprised not to mention shocked.
To sum things up, the company is on perfect track, the deals will be put to bed, just how many I do not know, buying tomorrow and through the rest of the week should be significant, and I would urge people to get in tomorrow for the last chance of cheap shares in my opinion. If you buy tomorrow you have a 100% increase this week, although I still wouldn't be happy with that, as I see this play going much higher, which it should indeed go.
All the Best,
And to everyone on this board, great picks, great board, and great investing.
As always feel free to post this on other sites, as I only post on Tradercents.
The Prophet
prophet@tradercents.com |
