Nothing wrong with putting all your eggs in one basket so long as you watch that basket extremely closely.
In some ways it’s easier to manage than trying to monitor ten different spec stocks. If you’ve picked the right one then you’ll make a killer. Of course that’s a big IF!
I’m extremely confident in this stock especially considering my entry level.
If we get some announcements about contracts with the world leading shippers that were foreshadowed in earlier updates then this is really going to explode. I know the sp has already climbed a lot in the last 3-4 months but I feel this still has a long way to run if things go well in terms of new contracts and partnerships etc. Takeover potential is always hovering in the background too.
Hard to put a number on where this could go but nothing would surprise me really. I’m thinking around 50 cents by June and 75 cents to $1 best case scenario by end 2018. I’d be perfectly happy if we get near 50 cents in the next 12 months to be honest.
Pure guess though.
YOJ Price at posting:
26.8¢ Sentiment: Buy Disclosure: Held
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