Incredibly interesting to see how tech companies on the TSX Venture Exchange are stealing the spotlight from junior resource companies as the new high fliers … I also think it’s fantastic that we are seeing real value built outside of the resources sector. Â If anyone believes in long-term tech, it is us … and I’d prefer a TSXV with variety.
Oddly enough, I’ve had SCG on my watch list for a week now but still can’t be into these meteoric rises. Â By 10AM, SCG is up 29.6% on 4M shares. Â Congrats to anyone riding this bull … but remember to take some money off the table.
George
Mike, first congrats are in order for being so early and making a mini-killing. You almost sound too disappointed. In my opinion, SelectCore is following an Intertainment pattern (and many others I’ve seen). I wouldn’t chase here at all … but sit back and wait for re-entry especially as we get into the summer. The chart is parabolic, so don’t be surprised to see a drop back into the 40’s on exhaustion.
Caveat – I don’t follow the fundamentals closely, so you’re on your own there.
Let us know how you end up playing it!
Best,
George
I had just over 200k shares at .07 and traded up to 15 and out at .20There was a leak 1wk. before they came out with their report.I was hoping to see some sort of range develop………..and re-entry.What do you think?
Mike
p.s. I’m trying to do more research on the next top 50 for the tsxv.Any hints for my research?
Mike