NMTI- undervalued monster
April 22, 2011--- NMTI ( NMT Medical Inc.)
I've been watching this one for a while and finally bought it just under 2 cents today since this is, in my opinion a ridiculous price for this company...
Even though the financials are not showing it on first sight, this company has been around for long enough to prove that there is huge potential but due to the lack of responsible management team it has not been performing so well. Either way, history shows what this tiny monster is capable of and now it is the cheapest it has ever been, making it HUGE attraction to SPECULATORS and VALUE INVESTORS. This company specializes in production of machinery, associated with heart desease treatment(heart desease is number 1 killer in United States ...btw ;) ). Anyways, my DD is giving me confidence that at this point they are put to the edge where a drastic change in management and financing will take place unlocking the true potential of this medical company, allowing for further growth and development. At such a cheap price, interest will be HUGE, sending this baby to the moon. Speculation should also kick in once interest rolls around increasing the price even further, however, since it is so cheap - every cent counts for alot more than the more expensive stocks, which will further play a major role in how the MASS PSYCHOLOGY reacts to this, rather than what the financials are showing on first sight.
The gap down a couple days ago was taken by a serious player, indicating that there is a buyer waiting at the 1 cent level, giving early signs of a bottom forming. I am expecting a bounce in the next couple of days, first time might not make it to my $5 target but even a bounce up to about 50 cents would yield a 2500% return !! (current price of 2 cents a share).
The risk-reward on this one is very good since its so cheap and i am confident that this price level will switch the downtrend to upwards very soon when the Value Investors step in, backed up by daytraders and swing traders.
At such a cheap price, you can't really go wrong with it unless the euphoria takes over and you forget when to take profits and re-enter, but personally i dont see anything less than +500% return on this baby!
