I noticed HTLV.OB has come back $5 where it broke out on the barron's story back in mid June. Just to continue your example from smr75, is this where you would buy? It seems you were also looking at the CMF(80) chart. How do you feel about the stock today?
I am not really interested in the stock - I just don't see myself buying the pet insurance so it's hard for me to like to concept. But I am interested in the example.
You're right. Hartville Group (HTVL) is back where it was before it gapped up following the Barron's article. And the CMF is still strong, indicating accumulation. I consider it to be in a buying area.
I wouldn't buy the pet insurance either. But there are a lot of people who would have a heck of a time coming up with the $5,000 for an emergency operation, and who are very attached to their pets, that would be interested in something like that once it catches on in the U.S.
It just so happens that I was with some Veternarians at a meeting last week. They agreed it is something that's needed and they're starting to see signs that it is growing.
This is a speculation. If it works, the stock has a lot of potential. If it doesn't work, sound money mangement should get an investor out with little risk.