Investing with a Dream
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bhonda, I've been involved with some exciting stocks in my short time in the market, but SCRC has redefined the word "excitement" in my dictionary. PLEASE HELP ME - SCRC IS ALL I THINK ABOUT.
Pediatric RapiMeds is not a presciption medication. It is an over the counter product the consumer buys right off the shelve like on would with Alleve, or children's aspirin. Most large wholsalers do not deal with the independent pharmacies because their volume is so much lower than say a CVS or Walmart pharmacy. It is nice to see SCRC did not forget these Mom & Pop stores, combined they still represent a ton of business in certain markets. This is exciting CORE, this is yet another validation that SCRC is for real. Celtics even had to get out the calculator again. I think he'll have several more reasons to adjust his projection as the months pass by.
Count me in.
You're exactly right CBS. If I were to cash out right now, it would be like throwing away 58000 shares. Now why in the world would I want to do that? Only after April of next year would I even consider selling some of my shares. I truly believe with world-wide sales SCRC's PPS will be $4+ in 12 to 18 months. SCRC is not going to live off of Pediatric RapiMeds, that's just the beginning of several additional drug applications to come. We are all sitting on a little gold mine here. Go SCRC!!!
The only reason I posted that chart was because HYII was -70 to -90 for months. I thought +50 was pretty impressive.
I like it. If Celtics says it, it will happen.
Keep the posts coming today. I will read them all when I get back to the hotel tonight.
Have a great SCRC day!!!
ALL GRADE MINING (NASDAQ:HYII) Trading Range Mode
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
Based on a pre-defined weighted trend formula for chart analysis, HYII scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Friday
-20 No Data for 20 Day Moving Average
+25 New 3 Week High, June 21st
-30 New 3 Month Low on March 4
+50 Total Score
You know Haas, I read all these negative posts and I think, "who gives a darn what any of them think?" I laugh at them all. Especially the ones who feel like its their mission in life to help us save our money. I don't care what they say. I feel very comfortable with SCRC and where I think it will end up. I feel the CORE group does as well. The members of this board are great. I look forward to reading all the great comments around unity and the common goal we all share.
I have to be honest Haas, I love looking at my portfolio every day. But traveling Mon - Thru makes it real difficult. In 12 to 18 months I will be checking it several times a day from my deck, the beach, the boat, the 8th hole, where ever I can get a wifi connection.
Someone carved $4 in all the trees in the forest I am looking at.
Glad to see you back in the game Cats83!!!
I agree 100%. Nice and slow. Except when CHina hits, look out! Remember, Celtics has said time and time again, his $4 is based solely on domestic sales.
Finally made it to my hotel room. I missed all the action on the board today. This job really gets in the way of having fun. Nice rebound today. That $4 is lookking better and better. Thanks for all the posts, I have at least another hour of reading to go. My brothers were happy today. Go SCRC!!!
I would like to be around for the opening bell tomorrow morning, but I will be on my way to Greenvulle SC. I do have a real job that takes priority right now over SCRC and the board. I know it will quite a day for the market and the board. I hate to miss it. GLTA.
Okay jerzguy I will take a stab at your question. Please don't ask me how I came up with this guess, but I am going to say .39. Then SCRC will grow the rest of the week. Its rebound time.
Trueheart, I agree. I am interested in revenues dictating success in this market. I realize others have their own plan or ideas, but I am with you. The only thing that will take SCRC to $4 is revenues. Celtics projection is based solely on revenues. The China market opening up with additional applications for RapiMeds could definintely accelerate revenues. The next several months for SCRC will tell the entire story.
Thanks art.
THanks Snizzle.
Yeh, I know. Our Uncle Sam made about as much as I did last year in the stock market. The Wash Sale was a huge learning experience for me.
I see the value to a stop loss, but correct if I'm wrong. A stop loss just initiates the selling process, it doesn't guarantee the stop loss price especially in a rapid plunge that occurred Friday.
Also, one has to keep in mind the "Wash Sale Loss" on taxes which is disallowed as a deduction. Not all losses are deductible. Again, another lesson learned last year.
Thank you Smart Money.
Doc, I have no idea. Most seem to feel the price will continue a downward trend then rebound by the end of the week. It will be interesting to see. We'll know within minutes after the market opens.
I only check in so often. Still holding a small position. New IHub intro as well as updated HYII website, hmmmm!!!! Like I said a while ago, I am holding on until December.
Great post DKNY.
Celtics, The other part of the equation is if I sold 100K at .90, I would have had $90K gross, would had to pay like you say 38%, that's $64,800 net, not to mention State tax. If the stock didn't drop in 18 months those 100K shares would be worth $400K. I'd rather pay my taxes on $400K. Sell 100K and take the money to find another SCRC, why? I have the stock I want to invest in, Its SCRC. Its all a gamble, if it weren't, everyone would be in this crazy stock market game. My alias is Guts, enough said. Thanks for all you support Celtics.
Shadow, no argument here. IF I KNEW SCRC was going to drop like it did what you say would have been the wise move. Sorry, even though some say they WARNED us, I didn't see it happening until it was too late. Again, I am happy with the decision I made. I will prevail in the long run.
One last comment Shadow, you are so right about ego & emotions. I learned my lesson last year with getting emotional over a stock, a big -$$$ lesson. Whether you believe it or not, my investment decisions with SCRC is strictly business. Some may agree or disagree with me, but my goal is to make money. I see SCRC as a vehicle to reach the goals I have set. I get emotional about my God, my family, and my job. NOT STOCKS!!
Shadow, I appreciate your comment. But I need to ask, how do you define greed? To keep my shares and not sell is "greed"? I see selling 50% to buy more as "greed" as well. You see, I am happy with my investment and the shares I own. I have my SCRC strategy set and I will stick with it. the beauty of this stock market game is we ALL live and die by the decisions we make, or made. Last year I paid taxes on my stock earnings and I fully expect to pay taxes on my SCRC gains in 2014. So far, my strategy hasn't let me down. Good day to you.
you are so right kenbe. Pediatric RapiMeds is just the beginning. Go SCRC!!!
Stock, the next time I see an influx of newbies on the site, I will brace myself. It was amazing, being the supportive board we are, that we were welcoming new comers at an alarming rate. And, if we see the price spiking accordingly, we learned what the end result will be. I'm playing the game until the whistle blows at the end of the 4th quarter.
Alley, I convince two of my brothers to buy SCRC (they both bought I at.48). They even took it a step further and had a few cousins buy in. What amazed me was on Saturday morning they both called me (of which I expected their calls) and neither chewed my ass out. They both realized what had happened. I was shocked and awed by their attitude. I directed them to the DPG website to see RapiMeds being promoted. They both saw the site and were convinced SCRC is for real.
The reason I follow this board is to read the comments which support my reason for investing in SCRC. Its nice to know there are others with the same investment strategy I have. It gives me a vote of confidence that I am on the right track. We are all free to share any comments. Some get a little more personal than others, but I enjoy the positive attitudes and excellent DD that is shared. I really believe after we see what happens Monday morning the CORE will regroup and the board will move forward looking to the next 12 to 18 months.
I just wish I had more funds to invest. I am tapped out until September.
Jerzguy, I hear you. I too was shocked to see SCRC drop like it did on Friday. Here's my take. I invested in SCRC with the understanding that it was a long term investment. Yes, it was great to see my balance sheet hit close to $250K and yes, my wife and I were dancing in the living room. When SCRC went pass .95 I told my wife, something doesn't seem right. I fully expected SCRC to growth in relation to revenues generated over time. There were no revenues driving this gargantuan growth. Whatever the reason for the drop, I can honestly say I wasn't surprised. Celtics all along supported his $4 projection on 12 to 18 months of revenues being generated. To me that means we should see a gradual increase in the PPS over the next several months vs some meteoric rise over a short period of time. I am long on SCRC, enjoy being considered a member of the CORE, and will not sell my shares until I see a solid business reason to do so. Poor product performance and lack of revenues will be my reason to sell, not some price manipulation game. I needed to re-evaluate why I initially invested in SCRC. If it were to net a short term gain, well I lost this chance because I didn't sell at the right time. If it were to see long term gains, I truly believe I (and all of us) will be there over time. Glaxo's PPS grew based on company performance "over time", not a stock price manipulation game. I believe the same will hold true with SCRC. Go SCRC!!!
If I may correct you Larson, the drug industry is a MULTI billion dollar market. And believe me, generics are the place to be today. I can't wait to see what happens when the other applications for RapiMeds are launched.
Time will tell.
I'm not selling. I am going to hold long. A good company with a good product, I look forward to see the revenues generated over the next several months.
I just got done making my homemade gnocchi. We will eat well tonight.
Good to hear from you Ski. I just spoke with Celtics. He's a good friend and mentor. I am psyched for this week coming up, look for good things to happen.
No need to apologize CBS. We are all grown ups here and need to be accountable for our own decisions. I agree with you about the future of SCRC. A company with a credible product can't lose. The revenues will be generate over time and the true value of SCRC will be determined, not be an outsider, but by true profits. I was sorry to see my account balance evaporate so quickly, but that's all it was, an account balance. Let's move on. Life is good.