Awesome!!! 61.49% profit from Bovie Medical Corp. Slightly better than Nevsun.

This is the second stock this year that made me a 61% profit. Bovie Medical Corporation (NYSE Mkt:BVX). Previously it was Nevsun (check out this post). The system gave a buy signal for this stock on 24th Apr 2018 and a position was entered at 3.50. It was held for about 6 months.




The price actually soared to 7.00++ and then it came down recently as the market declines. Today it was sold at 5.65, a whopping 61.49% profit. The only disappointing thing is that it didn't become my multibaggar for the year. It was, for a short moment in September when the price hovered above 7. Anyway with market getting beaten down due to the ongoing trade war and treasury yield spike, I am doubtful I can see a multibaggar this year.

Here is the transaction record.

Company Profile (courtesy of Yahoo Finance)
Sector: Healthcare
Industry: Medical Instruments & Supplies

Bovie Medical Corporation, a medical device company, develops, manufactures, and markets electrosurgical devices and technologies, and related medical products used in doctor's offices, surgery centers, and hospitals worldwide.


Get Full Access and follow our system's quest for ABNORMAL returns
Performance Join as Member

 Follow our blog on Facebook!