Replies to post #124675 on Verus International Inc (VRUS)

[Coachshot99]

Sorry my accuracy on this downtrend has you frustrated. I spoke to a long from Lars group on the phone for over an hour last night and I shared with him this...

The swing point is .012

That’s what my eyes are on. However the close yesterday was .001 away from signaling a reversal. So YES!!! The short term indicators are pointing in both directions right now which is very rare.

That puts smart money on the sideline until the dust settles which truthfully could be 30 mins into trading today. If we get aggressive downward sell pressure again, then I believe .012 is gonna get hit very soon.

But if volume dries up compared to last two days then the retail shake down might be over and then I believe we reverse course over the next few days.

But that reversal will be slow as Monaker is still selling shares. Mark has made it clear to me that he believes most of yesterday’s action was retail. I found that comment very interesting.

On a positive note, I expect this to be back near .02 by Christmas and I expect we hold .02 leading up to the 10K in late January.

[Coachshot99]

Ok Mithras... I have been hesitant to post this as I do not ever want to discourage buyers but I am going to share with all of you why the Spring of 2020 is when we will make our significant move.

Look at any one year chart. Even one that is drawn in crayon. You don't have to be a chart expert to see the obvious here. Then look at a Fiscal calendar. It is no secret that this stock has made a nice move up in anticipation of good revenue results for each of the last 3 Q's.

Q1 from Mid March, Q2 from Mid June and Q3 from Early Sept. The Q3 was filed early if you recall. We moved up nicely in anticipation of each of those. We dumped off on each of the last 2 Conference Calls shortly after, but I don't think that is going to happen next time and I will explain why later.

Q4 just ended last week. However, we won't get those results until the 10K is filed at the end of January. 10K's have a 90 day window to be filed. So there is a bit of a dead period. With the holidays and now with the Monaker situation, This will likely linger in the .02 range until...

... the anticipation of the Q4 results. They are going to be stellar. They are due Jan 29th and I won't be shocked if Chris files the 10K early. So I suspect we begin a nice climb in mid January.

Here is where it gets interesting. What else happens at the end of January??? That is also the End of Q1. So there is a very short window (45 days) between the reporting of Q4 and the reporting of Q1 in mid March. No other time of the year offers the back to back financial results so quickly and that is because the 10K is a 90 day window where the 10Q's are just a 45 day window to file.

This leads me to think that we won't be as likely to sell off on the Conference Call from the 10K. Because right after that, we are already in anticipation mode of the Q1 results. And they too should be stunning.

So... This is why I am wary of this time frame now as we move into the holiday season. Volume tends to dwindle in Nov and Dec. And this stock hasn't responded to news very favorably of late. It does respond to financials though. We know this for a fact. So I suspect the Monaker scare comes to an end in the next couple weeks. People buy back some of the shares they sold in the 012 to 017 range. And then we sit below 02 until...

The big build up for the back to back filings for the 10K in late January and then BANG!!! the Q1 in Early to mid March.

It is a perfect storm brewing for an epic Spring OTC story.