My conventional view stems from a long ago run in w/TTRIF & TROXF. Profitable? Yes. Exhausting & disappointing? That too. Worth it for me right now? No way.
I had forgotten about the ".V", thanks. I must admit, the simple PV chart looks pretty good, along with their news.
You're not going to like what I focus on, but, since mid-April, they've issued 2.17M options, oddly enough at the going market price at the time. There's also the 4.38M PP shares done at a discount to the market. Why a discount?
Do you have any idea what the current sharecount is? And, at what rate it is growing?
I see they had/have some involvement w/MCLL, which I suppose is how you got involved.
In it's prime, the market couldn't turn off TTRIF either. Things looked phenomenal...but they turned to s--t and will never come back. I'd say watch your share count and. if possible trail a stop loss order about 1/4 behind the 50DMA; and don't touch it.
Good luck, but be careful. I'm stayin' south of the border. There's plenty of other pretty seashells waitin' for me down here. |
