$LMFA OThe Technicals -
A clear divergence of the OBV and Price Action , which preludes growing buyer volume and long position sentiment.
Earlier last week, $LMFA hit all time-lows with its bottom at 5 cents above the half dollar. Although we have a considerable amount of selling to break past, I would anticipate the larger corrective retest to occur at the 1.414/1.618 extension, throw some impulse/corrective waves on that bad boy and leg it up.
The Fundamentals -
Domestic based capital financing/lending company serving the nonprofit sector - overall a safer alternative to other loan portfolios, especially amid the turbulence of global trade and the increasing value of real estate and real-estate development. Recently secured a partnership which appears to have expedited what was already anticipated last week in terms of Price Action . Have not yet read up on these developments (tend to not pay attention to news) but from what I hear, seems to have stirred up investor interest.
Cheapstocks
Cameco LONG and 600% profit! Or everyone forgot about nucleus...10 years down...
Nuclear energy now is not fashionable.
The nuclear industry is now not popular.
Everyone forgot about it...
A good opportunity to buy cheap $11, cheap leader. With the goal $66 and earn 600%, probably will $8, good chance 825% $14 key level. Secured OVER $14 then $66 in your pocket:)
The idea is not canceled! No stops! It is not trade, it is the possession!
Enterprise Value/EBITDA 9.20
Debt/EBITDA 1.4
Not too cheap, but the company will increase EBITDA and will be growing!
Important remind: Stock - is not a line in the terminal, but a share in a real company! There will always be people who will want this share to increase!
Harmony Gold Mining LONG! Or who wants to 580% profits?The commodity cycle turned. The company's shares turned to a long position. The company's performance improves, production increases, profit increases. However, the company still cheap!
Enterprise Value/EBITDA 3.25 !
Price/Earnings 5.7 !!
Debt/EBITDA 0.2 !!!
Show me a company with these figures!? How is that even possible? This is possible only in the lower part of the commodity cycle.
Buy $2.75, objective $16. That is 580% of the profits.
I've confirmed to my forecast, my purchase. I bought shares and I will keep them to $16 minimum. This is a long term position for several years. Maybe the price will drop to 2, 1 dollars, this is a good chance buy your way back and earn 1000%
The cancellation scenario is not! No stops! Minimum goal of $16!
p.s. Stock - is not a line in the terminal, but a share in a real company! There will always be people who will want this share to increase!
LOW VOLUME, VOLATILITY & PRICE + CORRS TURN NEGATIVE (LONG AAPL)The strong fundamentals aside, Apple is showing signs of upside stability and momentum.
IMO after a failing bear run last week this week we are set up for a week of gains, given that friday - the naturally bearish day for stocks, apple managed to close higher, going against the trend of the previous two days of high volume and losses, and instead, carving itself out some strong support at 97-98.
reasoning for apple upside recently has been:
1. to start the febuary bull run we saw, correlation between Apples price and Vols turn negative from positive - and establish the correct relationship of lower volatility and higher price, as the greater stability provides a home for more liquidity.
- at the end of may correlations between the two did the same again - moving from positive to negative. shortly after apple recovered from 90-100. The negative relationship is still holding (infact increasing) and therefore i take it as a bullish sign, as more investors should flow into the stock.
2. The Febuary bull run was characterised by lower than average volume, as IMO, the market had less sellers in due to the cheap value apple was providing at the <100. Once again in the last 2 weeks apple is showing lower than average volume, which i am again taking as bullish. Low volume at these prices only means one thing - holders do not want to sell at these prices and thus the price must be bid up to encourage more selling.
- also the low sell side liquidity may cause the stock to trade gappy, until we reach the 100 level again, where volume may pick up again as uncertainty increases selling.
3. Volatility for apple is at yearly lows at 21 flat. Low vols in this price environment, is very bullish for the stock, as it is cheap and safe, the two characteristics investors seek. Further, it was in the may-June period 2015 where vols were last at 21 flat AND also when apple made its record highs several times at 134, Thus, the low vols and previous price action at the same time last year gives me a positive outlook on the stock.
This week id like to see a 101 close, ideally a 103 close. I believe apple is cheap even at 115-120 given its only 11/2x p:e for a leading tech company which is low.
Apple risk at these prices is super low, I am personally buying apple at any price below $100 with a 6-12 month target in line with the market at 120+.