This is a post on my Facebook
I kept the stock secret from the public, however, I made a promise to disclose the stock for free once it hit $10.00. Now the promise had been fulfilled as of 5/30/2024. The stock has been making a tremendous rally for a year and steadily profiting more than fourfold while Wall Street and many traders pay attention to NVIDIA stock. Truthfully, NVIDIA performed amazingly well if you bought the stock at the lowest price in October 2022 because it would have been tenfold by now. In contrast with ORN performance, the growth of the ORN is still comparable and increased much more in a short period of time and could possibly beat the return of NVIDIA if ORN keeps up to $25., which I believe would happen. The question is when exactly the next recession is going to take place. I know that a recession will come and it could happen anytime soon. In order for ORN to hit $25, it has to happen before, before the market euphoria disappears.
Today ORN is quoted $10.78 on 6/12/2024 and is expected to keep going up. Here is the prediction I am making today. ORN will keep going up until early August 2024. This can push back a little be, however, the stock would probably keep going up and topped around Augst 6. Then it would turn around to drop until the end of this year.
Hi Yosuke, what are your thoughts on this after the earnings announcement and subsequent price decline last week?
Earnings for the 2nd quarter was good although it was less than expected. It was time to go down. It will go back up because the cycle for this bull is not done yet. Very suseptable to the general market like any other stocks. $19 to $20 is the next target, then you can walk away.
Just in case I am wrong, we take a big hit on ORN, I will sell everything.