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CEMI up 13% pre-market -link back for alert and info.
Covid-19 testing has emergency use authorization from FDA.
Ok that is good.
Hope you are correct Geo? Didn't you add and "load up" around $12-13 or so too?
Good luck and stay safe.
I may be in too high at $13? A 400% gain in the last month is not my usual "buy". Maybe I am too late to the party?
But the fact that I owned a dental lab business down the road from it from 1985-1995 made me "feel" I had to get in.
LOL
CEMI ALERT: (antibody tests gets emergency use authorization) A 5 bagger already in last month, BUT Chembio was just featured on FOX NEWS this morning!
Says they have shipped out tests this week and are available.
Maybe another jump Monday morning?
https://www.cnn.com/2020/04/17/politics/covid-19-antibody-tests-china/index.html
April 15, 2020
9:37 am ET
Chembio Gets Emergency Authorization for Covid-19 Test
Dow Jones
9:27 am ET
*Chembio Reports Receives Emergency Use Authorization For DPP Coronavirus Infection System For IgG, IgM Antibodies; Says First Shipments Of Serological Test Have Been Released
Benzinga
The Chembio lab is down the road from where I owned and operated a dental laboratory from 1985 (the year Chembio was formed) till 1995.
I remember seeing it. It is a different business now however, but "we" go way back. LOL
Ray
The Chembio lab is down the road from where I owned and operated a dental laboratory from 1985 (the year Chembio was formed) till 1995.
I remember seeing it. It is a different business now however, but "we" go way back. LOL
400% run in a month. Pullback maybe to $8-10? Based on the charts and the usual retrace. Abbott will be a big competitor in this space too very soon though.
All stay safe.
Not "approved" yet, but "authorized". If approved by FDA it will go higher IMO, but that is a while away.
Good luck.
Stay safe.
GTE up 60% from alert last week.
Thanks Good luck with GTE. Let's hope OPEC deal goes good today?
Nice. Good luck with GTE
I agree on SPN and I even like GTE maybe a little better as it has had lots of insider buying in the last month and has positive earnings.
Stay safe and good luck.
Yes agree with SPN, GTE, and CDEV
I am still following CDEV and SPN Makk, but CDEV is down over 20% in the last 10 days, while your SPN is up almost 40% and my GTE is up over 45%.
I like them both and are hoping this is just the start if OIL meetings go well?
Stay safe and good luck.
OIL: GTE 45% and SPN at almost 40% both up in the last 10 days. GTE was my alert pick, but both are good oil plays.
Stay safe.
GTE up 40% since my alert last week. If the Opec meeting goes well Thursday it should go higher.
Stay safe.
Ok sounds good. Oil has to go up eventually.
Yes doing ok thank you.
You too stay safe and well and good luck.
Good move.
Yes Makk. Go GTE, CDEV, and SPN.
GTE: Well we have talks right now between Trump and oil CEO's and it is on TV, plus we have the possible and evident talks between Russia and the Saudi's regarding their oil wars. In addition over the last month there has been much insider buying (my favorite sign) in this company and even a few months ago and no one has sold even those that bought over $1. The many that bought in the last month were in the .25 range. Plus it has positive earnings.
I think that is a lot of positives going forward to get in now. I just did at just under .26, but at .30 now I still think we have a great risk to reward ratio of like 10-1.
I think we can go down maybe .10 and up maybe $1.00.
It also has a low float.
I like it, but that is my opinion.
Do your own DD and good luck if you do get in.
Stay safe.
Well we have talks right now between Trump and oil CEO's and it is on TV, plus we have the possible and evident talks between Russia and the Saudi's regarding their oil wars. In addition over the last month there has been much insider buying (my favorite sign) in this company and even a few months ago and no one has sold even those that bought over $1. The many that bought in the last month were in the .25 range. Plus it has positive earnings.
I think that is a lot of positives going forward to get in now. I just did at just under .26, but at .30 now I still think we have a great risk to reward ratio of like 10-1.
I think we can go down maybe .10 and up maybe $1.00.
It also has a low float.
I like it, but that is my opinion.
Do your own DD and good luck if you do get in.
Stay safe.
GET BACK IN NOW. (IMO)
LOL I really did "think" it meant "of course", but I was afraid to say it and look dumber.
Thanks about SPN.
I may be out of my allotted posts for the day?
So stay safe and good luck with:
SPN
CDEV
GTE
Thanks. I will check it out. Pardon my dumbness as a 73 year old, but what does ofc stand for Makk?
LOL
Sorry 11:05 GTE was up 40%. I actually missed it as my wife chased me out the room to vacuum.
LOL
Good plan Makk.
Yes Makk. GTE or CDEV? Both undervalued and primed if oil comes back a little.
GTE & CDEV charts almost identical 1 year and 3 years.
Over 10 days though GTE up 25% and CDEV down 25%.
And much more insider buying in GTE, which I look at a lot.
But YES very similar.
Either one is a good play in the oil sector.
Good luck.
Ok thanks I will check it out.
GTE at 11:30 was up 40%. Sorry they move fast as you should know.
GTE could get back to $1 if oil gets close to where it was only 6 weeks ago.
Thanks
Stay safe.
One reason GTE up 40% today. Oil play with much insider buying in March.
https://finance.yahoo.com/news/president-gran-tierra-energy-inc-132904686.html
GTE up 40%
GTE up 28%
YOUR OPINION and that is fine. I am just trying to ALERT
You are young and I am old
35 years of experience not SPAM IMO
But again no problem my friend
Take it or leave it
No problem here
IGNORE it
When INSIDERS BUY as much as they bought as I showed that is NOT spam, PLUS all positive ratios and numbers with earnings at .25
Plus they will ride with OIL "IF" there is a Russia / Saudi deal
IMO .08-.10 downside and $1.00 upside if you know how to read charts?
STAY SAFE
GTE- 10-1 risk/reward - insider trades in March
Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
West Lawrence Vice President, Exploration Mar 25 Buy 0.22 57,970 12,753 350,000 Mar 27 06:06 AM
GMT CAPITAL CORP 10% Owner Mar 25 Buy 0.23 900,000 207,000 84,432,176 Mar 27 09:40 AM
Wade Brooke N. Director Mar 19 Buy 0.20 300,000 61,200 1,506,000 Mar 20 09:30 AM
Guidry Gary President and CEO Mar 13 Buy 0.25 850,000 215,900 3,437,200 Mar 13 05:35 PM
Smith David P Director Mar 13 Buy 0.26 85,000 21,675 332,500 Mar 13 05:35 PM
GMT CAPITAL CORP 10% Owner Mar 13 Buy 0.25 3,126,700 781,675 83,532,176 Mar 16 05:43 PM
Wade Brooke N. Director Mar 12 Buy 0.27 200,000 54,000 1,206,000
GTE - "Potential Gran Tierra Energy Inc. (NYSEMKT:GTE) shareholders may wish to note that the President, Gary Guidry, recently bought US$216k worth of stock, paying US$0.25 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 33%"
Gran Tierra Energy Inc. Is Maintained at Outperform by National Bank
12:36 pm ET March 16, 2020 (Dow Jones)
$1.00 REDUCED price target still a 4 bagger.
GTE insider buying - earnings positive at .25
https://finance.yahoo.com/news/president-gran-tierra-energy-inc-132904686.html