Aqua Metal - $2.35 - 12 month target of $9 to $16 - This company is in the midst of a management reorg and is expected to become profitable this year. 4 analysts with a strong buy rating. Break up value is above $3 not to mention the business value.
27% of the outstanding float is short
Shorts will try and keep the stock trading in this range but I am betting...
$AQMS - has been beaten down from roughly the 22.50 high its at 2.08 currently. I feel it can have the same potential as last years swing candidates $IPI which was in the low 1s and $Galt at the .89 cent level. So i have added it to my 2018 swings with 500% potential list.
The share structure is roughly a 28 mil OS with around 24 mil float with such a small...
Looks like AQMS was trying to establish support around 17.65 after good Feb. ER, but totally broke down through 3 support levels after reporting May ER loss, testing 10.65 and finding resistance at 13.37 area. Seemed like it was finding support at 12 level but now looks like it's testing it. Will 12 hold til Aug. 8 ER or will it break toward 10.65 again. I'd guess...
A wedge break may suprise shorts in run to earnings within a week.
Conversely, bulls may be disappointed with unreasonable expectations.
Many factors are in play for this potential industrial disruptor.
Among elements of importance for this quarter are initial revenues, gameplan execution and key news and anouncements.
AQMS is a nice Flag formation. We discussed in the valentine day trading alerts. This is a nice opportunity from $17 to $1
* Trade Criteria *
Date first found- February 14, 2017 (Discussed in Valentine day Trading room)
Pattern/Why- Flag formation
Entry Target Criteria- Break of $17
Exit Target Criteria- $19
Stop Loss Criteria- N/A
Please check back for...
good digestion of low float stock with LOW BETA, good in current rising risk environment,
fundamental story continues to develop, good company with strong holders, look for offers to dissipate and further annouoncements of corporate progresss toward goals.