The Street appears pretty confident that SQNM has an ace in the hole here with its Down’s test.
Oppenheimer and Co. analyst Kevin DeGeeter recently set a 17.50 price target on the stock and he could be right on if momentum continues to build.
Keep an eye on SMC Recordings Inc. (SMCE.PK) for tomorrow. It closed today $1.11 today (Tuesday) and snuck some news out at close. Last time we witnessed this stock double within a day, so it’s likely traders will remember this and jump on the bandwagon again. If this breaks $1.25 in early trading tomorrow this could test $1.50 by mid day. Do remember to take profits along the way, if it jumps too quickly out of the gate watch for a pull back entry.
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