As promised in our last blog post, herein is a second equity buy-side recommendation, which is vastly different than our previously posted conservative institutional category equity; Citigroup.
Timminco (TSX: TIM) recommended herein, is a KRTT speculative micro-cap Canadian commodity stock idea, that is currently trading very-near record low prices that represent a loss of approximately 99% percent from the record high price of about thirty-six dollars just over two years ago in June 2008.
Note: The official record high was officially $35.69 on June 05, 2008 and the stock traded at just 36 cents in the most recent trading session.
Moreover, assuming our financial analysis skills including application of potent Natural Law Theory, Technical Analysis work and powerful Cycles are accurate, Timminco is now trading exactly at the bottom of the former bear market cycle and thus, for both investors and traders - it the most opportune time to buy low for future profit.
In essence in this special situation case, KRTT is now suggesting that a brand new bull market in Timminco is just beginning, making this an extremely attractive stock to buy for anyone who can tolerate higher risk associated to speculative stocks.
Please note that we have intentionally not provided corporate and fundamental information about this company, a Canadian silicon commodity producer, as it is freely available from the Timminco website, other financial web portals, or your broker.
Although we only display KRTT proprietary cycles and Natural Law theory to our paid clients, we have shown on the included chart one form of Natural Law Theory, being Elliot Wave Theory(EW)***.
***KRTT considers Elliott Wave Theory to be a complex but repeated cyclical pattern on all charted financial instruments, thus fully qualifying it as Natural Law. KRTT educates on many forms of Cycles, Natural Law, and emerging financial sciences including technical analysis.
For those understanding EW counts, the chart displays a fully developed five wave down count that in our view is terminating, thus signifying a brand new EW wave up is beginning.
We also have used other KRTT proprietary Natural Law and Technical Analysis theory to verify this bear market ending. In fact, in another confirmation we also received a most powerful direct-hit in Astro Cycles as the great W.D. Gann predicted over 100 years ago.
For those whom are more logically inclined, a bullish Timminco chart outlook is also reasonably supported by the recent news of the joint venture partnership announced between Timminco and USA Silicon giant - Dow-Corning.
For technical analysts and savvy traders using breakout theory, KRTT noted by way of the Timminco chart that at 47 cents, ($ 0.47 and on strong volume) Timminco qualifies as a breakout. We believe this will happen tomorrow, Monday October 04, 2010, on the very first trading day of the week.
Equally, when the Timminco price level reaches above the 76 cent level ($ 0.76) a more important price resistance barrier is bullishly breached that also adds confirmation credibility of the new up trend as fully in place.
In summary, KRTT is again suggesting that we are now sitting at "day one" of a brand new bull market. See the technical chart included for our comments.
Sincerely,
James Kelly Sr.
Editor in Chief
www.KRTT.com
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