So here is my bold TEUFF prediction for the new year, if not sooner:
Under unrelenting outside pressure, regulatory or otherwise, the loser CEO of this company will be forced to issue some type of corporate update with attainable timelines and goals. We have already established that shareholders will not tolerate another reverse split or adulteration of the share structure in any way shape or form. Ergot, the share price will face intrinsic self reflection and these gyrations between .01 and .015 will be shattered, to the upside, once and for all. The move will come aggressively and expeditiously as many will not have a chance to get in until .17 area. I feel the share price rebound will be vicious and the company's enterprise value will gain traction with investors who will come to realize just how undervalued TEUFF shares currently are. I anticipate the company reacquiring some vessels and that the overall shipping market will rebound mightily in 2018. They say a rising tide lifts all boats, and while we may not have any boats currently, our share price will be buoyed nonetheless, hastened by contracts and vessel acquisitions. I NEVER hold onto these stocks for longer periods of time, as 99.9% of the time, these things are made to be traded in seconds, minutes, hours or days. TEUFF is not such a stock. I will make a lot of money from this trade, as to exactly when the aforementioned activities occur, I cannot say. I will say however, that if your timeframe is six months or shorter, then it would be fair to say, we agree. Such acquiescence and understanding is required with TEUFF, as I am sure, based upon over 20 years of experience in the market, that the short, who has begun covering, is also counting on an end of year tax loss selling scheme. While I do not make light of this strategy, as it is one I might employ if I shorted stocks, it is fallacious overall in regards to TEUFF. There is just simply no volume of shares. I may not post everyday, as I feel this stock is what it is, and until the CEO gets it, we are rudderless. I can assure you that actions are being taken by myself, and other like minded investors to change the corporate dynamics of this company, in a HUGE way.
SPORTYNORTY
