EYE 0.00% 22.0¢ nova eye medical limited

it sounds as if people here weren’t objective, I disagree.Many...

  1. 176 Posts.
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    it sounds as if people here weren’t objective, I disagree.

    Many of the posters here have done a fair bit of research, some to a great extend, and that they all concur that the company has great fundamentals doesn’t make them less objective.

    One thing I do believe is that this stock is being targeted for some short term trading, easily manipulating the share price (as it happened a few weeks ago, which with reasonably little money it brought the share price up 20% kept it there enough to sell those shares and a few more at a good profit)

    As of now I’m looking at this company for the short term trading and will still maintain my (fairly big) stake long term.

    for what is worth, I would have thought that by now we would be comfortably in the 30s. The CR (that I had predicted in my own checks) did put a fair bit of pressure on the SP, but the tight register makes this stock very easy to manipulate down and up.

    I believe there are not many risks to this business growing, other than a macro economic bad outlook, but that would be the case for most companies.

    My outlook is that the sales growth should be strong, but it comes at a price as per weasel’s comment.

    GLTAH
 
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