Savvy Trades and Investments

[wadegarret]

SEZL($160), now up 540% in 2 months !

Why couldn't I own a stock like that ! No but really, the growth has been solid, and I congratulate Valuemind for finding this one. I saw the stock at $60 a few months ago, and I felt it was a bit expensive at about a 35 PE going forward. However I wish I had followed it, as it did a .618 fib retracement , and went back to $25 very quickly, before skyrocketing to $160. At this point, I strongly feel it prudent to wait for another correction before buying, My guess is, the stock will see $100 again before skyrocketing more, even if the growth continues. Just look at CRMD. It went from $12 to $5, despite having very strong growth the whole way up to $16(where it is now). Playing stocks on fib retracements has been a real help for me over the last 21 years.