Take a second look at Second Sight Medical Products (EYES)…. And if you haven’t tried Stock Market Mentor, take a first look at that! (April 07, 2015)
Lets look at Second Sight Medical Products ( NASDAQ:EYES ) here. This company, I think it’s a really cool company, they are actually aptly named, Second Sight, they make medical devices. You’ve got to be much smarter than me to figure out exactly what they’re doing, but they aid the blind, some of them in even seeing.
The idea is this: this company, when they announced a new device, screamed, I mean a really big move. You had to be quick to get it and you had to be even brave to hold it all the way to the top, it was really, really volatile. Then the air kind of got let out of the balloon pretty quick and the stock has kind of been staggering back.
Well, now it’s up 50 percent versus a top of 130 percent and I think this is an opportunity to buy this stock, not for a quick trade per se, but look at the volume, much heavier that it’s been for a while. You look at support, right down there at about 11.50 or so. So you can buy this stock; if you missed this, well too bad so sad.
Hopefully then you missed this bloodbath here, but now you can get in on this stock, which I think ultimately is going higher. You can get in on it at a low-risk buy point. You keep a stop just below Friday’s low of 11.53, we’ll say like 11.50 or so, and then you’re in on this pullback on a really good stock.
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