Friday, December 30, 2022 1:20:01 PM
The last trading day of the calendar year is usually tough on stocks that have had large downside moves...as investors take stock losses to match gains.....I am up slightly for the year but I profess that it is just a little luck....I had the foresight to lighten the stock load early in the year....
I think 2023 will be the opposite as investors will sell the first half and buy the second half...
I have a stock that will astound the street next year as the company has moved from R&D to cash flow positive to net profitability....the stock is SNWV.....they are becoming the industry standard in wound care ....as diabetes increases in the aging population, foot ulcers become a major issue and SNWV has the solution that is non-surgical.....
I have been involved with the company for about 10 years and have seen the mistakes during the first 6 years and now am seeing the progress of the last 4 years.....
The price will be somewhere between .10 and .20 by the end of 2023....currently projected to do $6M for the Q and $12.5M a year from now....If the 4th Q is $ 12.5M it will be .20 per share.....
Just throwing it out there.....good luck and happy New Year to all
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