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Thursday, October 17, 2013

ONVO the next TSLA?

                                                      ONVO  Organovo Holdings Inc 

Delayed this blog post for sometime but its finally time to stop being lazy and write it up.  My thoughts are not organized but just read it anyways.

I believe that ONVO will be the next TSLA  like mover.. but even bigger.

here is a video of theirs from the site : http://www.organovo.com/


http://www.youtube.com/watch?v=-A-uH15bQZw


I dont do research or anything like that. i just read up a few things on the company and thats all and i base my predictions off what i think is possible.

Example:  about 2 years ago i was pumping TSLA  this was trading in the 25-30s  i said that this will be the "future".  This stock is the AAPL of  Cars  everyone is going to want one and all they need is a spark to lite the fire on the stock for it to run to the 100's-200's. Especially since this was heavily shorted stock nobody understood the potential of this company  yet 40% of the float was short in the 30s,  man those dumb people . the stock did nothing for 2 years stayed in a 27-40 range then news hit gap the stock above 40 and bam the fire was lit.

Onvo  3-D printing of organs and stuff like that read the site to get the exact info.  
IF the company does succeed in doing so this will be WORLD changing.  This will be the biggest company in the world  i would have to assume in the 10's -100's of billions $$$.
think about it how much would you pay for a new liver?  Heart? Kidney? etc......

$6  and 450 million market cap  (info from Google finance)   currently
lets slap on a 10 billion market cap this puts the stock $130-150   20x currently levels  

now  this is a SPECULATIVE investment    think of this as a lotto that if it works out u can turn 10k into 200k+     the upside is limitless

blah blah blah    long story short    i believe this company has potential to become something huge

short term targets 6.30 break target 7.50  8.50  then  $10

LONG TERM PRICE TARGET  $100-200+  could be years from now who knows

any kind of good pr could spark a huge move in this but currently based on the chart long term consolidation smart money loading up below 6    sooner or later the sellers at 6 will vanish and this will be in the 10's
thats my current target $10  by next month
i got shares and options i will trade in and out of it


 





Saturday, October 5, 2013

FNMA 3rd epic run coming? $10?

FNMA currently 1.49

Wanted to do a blog post on this 2 weeks ago but got lazy.   Currently the stock has held $1 and when i thought it was over i was wrong and since it has held $1 i said at 1.25 the bottom on FNMA is in and that i believe we could be in store for a possible 3rd pump in 1 year.  Expect the unexpected  nobody thinks that FNMA is going to run again lets face it.
First run was .30 to 1.47 basically 400% 5 days.
2nd run happened after about month and half of consolidation. lets say avg entry on that .82  to 5.20  550% about .

now we crashed from 5.20s to 1 so the beauty of it is we didnt break $1  there is a buyer there that held it up for a reason as i see it.

currently we had our first 40million+ vol day after 2 months of doing nothing.  now i believe that we could potentially see a 3rd run in this stock before 2014 but it may take some time.

Lets do some math  lets say the avg consolidation area for FNMA was 1.20-1.30  the last run had a 150% increase lets give this also 150% .  so it runs 700% from the 1.25ish consolidation that brings this to $10-11 a share if we do get a 3rd run.

remember these are all "IFS"  

what i want to see is back to back at least 60-70 million increasing volume to signal a possible 3rd leg up.  they key breaking point is $2 and we need to get over that and possibly consolidate over there for a little while but if thats possible and the volume comes in we might have a monster mover going into 2014 imo.

if the 3rd run does start we will need to see at least 120-150 mill vol days above $2 just to cover the bag holders from the past run

i am now watching this stock every day looking for certain volume/price signals to tell me what it wants to do  ill post some charts below
Daily chart below

Resistances  1.80 and $2  and 2.40




All my thoughts are jumbled up there.  but im long 1k and will hold as long as previous weeks low is not broken which is 1.26 currently  i will be daytrading this whenever volume and range opens up.  i will add more to my long position once i get those huge volume days 60mill+ at the min