I am really quite impressed with the posts lately. I must be living in a different universe. I LOVE the price action in the ticker TTCM.
I am not into all the fundamental stuff that goes on with the company. I posted last night that in the late nineties the home builders were screaming from the rooftops (no pun intended) that their profits were way up and that they expected five to ten more years of amazing growth... NO ONE CARED. The Home builder stocks stayed WAYYYYY down. All the fundamental guys were buying them but no one else was. That was not enough money to propel the stocks upward.
On the contrary, MSFT would not squeeze out a tiny squeak about their earnings or goings on yet the stock rocketed for ten years for whatever reason be it earnings or potential.
My point is, the fundamentals mean nothing when compared to the stock price and volume action. If no one is buying or selling the stock stays put or floats a little up or down. When buying overwhelms selling the stock goes up. When selling overwhelms buying the stock goes down. Simple as that.
Right now and since about October of last year, the stock price has been moving sideways to up. I just have one question...WHAT THE HELL IS WRONG WITH THIS????
If you look even closer you find the Accumulation line moving sideways to up for over a year which is un freaking heard of in in OTC, or at best very rare, you have volume VERY sporadic which is GOOD NEWS when your stock is in a holding pattern LIKE TTCM is right now. If you glance over the necessary items to make a stock legit you find the EXHAUSTING financials ARE audited, the transfer agent is not gagged there is no PROOF of ANY dilution or toxic financing in ANY WAY. You have a company up-listing from the bottom of the trash can to the QB.
Lets look at the posts on this board for a minute as part of the TECHNICAL picture. You have people crazy in love with TTCM and you have the complete other side where people are calling TTCM a puke.
THiS MAKES A MARKET!!!! This is a microcosm of the real thing. The buyers and holders WANT THE SELLERS TO SELL and get out of the way. The sellers want to get out with the skin on their teeth. This IS a market and because of the sideways stock action I have to venture to say, there are still sellers and the stock is NOT ready to go up unimpeded. I hope the sellers make their stand and sell instead of hold on for a bump. But I cannot cause a buy or a sell. I just watch and make my best decision.
Maybe this helped and maybe not. I am long as hell on TTCM full disclosure. I will be buying a LOT more if we hit the 200 day MA. That will be the buy of a lifetime in this stock.
Peace
