California Nano up 1100%;Partial Profits...AND...Here is ORIGINAL Report and Latest Update.
I sold 50,000 California Nanotechnologies (CNO-TSXv/CANOF-OTC) at CAD$1.81 this week. This is 15 cent stock, so it’s a 13-bagger, or 1100% in just over a year.
I’m expecting them to report next week, or maybe the week after. They could show a huge jump in revenue AGAIN, but being as their 2ndproduction facility just opened, probably not. However, I’m lucky enough to have started with 375,000 shares. I continue to hold 305,000 shares. And this is a great profit for me. You can read my full original report on Californian Nano from last year, PLUS my report on their blowout Q1 that caused the stock to rocket up from $1 - $2, PLUS my conversation with a director that gives a couple unappreciated factors for this company’s recent success (all free!) click https://bit.ly/CNO-Cali-Nano-report
See California Nano, Blackline (BLN-TSX), MDA Inc. (MDA-TSX) and Simply Solventless (HASH-TSXv) hit new 52 week highs in the last few days.
Delcath $DCTH-NASD is slowly moving into buy territory, where I may add to my position. In roughly a month they will give Q3 numbers and if it’s over $10 Million I expect the stock to get a big pop. Any more hints on HEPZATO being used off label for something like colo-rectal also gives this a pop. I’m very confident where this stock will be a year from now but not so much where it may be 4-10 weeks from now. So I’m willing to buy on weakness.
TLT-NYSE—the 20 Yr US Bond – this chart says the Market has no real clue where interest rates are going now—yes we are way above the Fed Neutral Rate but with the economy so strong in the US, rates may stay higher than I expect. I expect the 10 yr rate to crest above 4% in 2024 still before settling back down. But this trade is likely to go south for a month or two.
The InvestingWhisperer portfolio YTD is up 30.9%--9.4% on closed trades and 46.7% on open trades. $BLN & $HASH & $CNO are the big winners, with HPSS being the big loser. HYTN-CSE is my largest position and I think will have a strong Nov-Dec.
BEWHERE BEW-TSXv is also one of my favourites right now. It's a mini-Blackline but MUCH MUCH more profitable. 10-15% Free Cash Flow Margin at $BEW right now. Crazy cheap IMHO.