SMLR: Big Moves into 2025Please do your own research as this is my personal opinion. This is a way for me to hold myself accountable for long term trades.
- I have accumulated about 1,000 shares of SMLR in my Individual & 100 in my Roth IRA @ about $30 per share
Here are the reasons I believe this will 4x over the next few years:
- No LT Debt, allowing it to borrow and execute a MSTR like approach to its BTC treasury
- Cash Flow and Earnings positive with good device pipeline
- Already filled the gap from the initial news for BTC Treasury at $21 and has bounced nice since filling it.
- If you see from ichimoku cloud analysis, the tenkan has flipped the kijun line earlier this year on the monthly and has stayed there for quite some time. I believe the next quarter is critical as it begins to make its way into the cloud. If it gets in there and can pass through it, my bull case run is north of $120.
- Volume Analysis: If it gets above that Critical Level of $33, it could find itself flying north of $40 in a short period of time.
If it executes it's BTC strategy and issues convertible debt for additional purchases in BTC (Up to $150 Million is estimated), here are my price targets:
- Base Case $75
- Bull Case $150
- Bear Case $35
I believe there is much more upside from here. Happy trades.
Not Financial Adive, DYOR
