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Morning Georgie18,
DO you think this will retest the low of 0.19 and fill that gap (i have it at 21-22...) i think. The RSI is plenty low enough and with nice volume I think it could still go up... but I am afraid the Delisting will push it back down. Either way its going higher.. question is Will it be Monday or perhaps Thurs/Fri?
Im assuming with the PSAR flipping you think we could get a continuation UPWARDS on Monday? That would be my hope. Thanks for the input. Im just learnign about the PSAR.. very valuable.
I hope Peeps just dont get caught up on the Delisting and The move to the OTC... big panic onset... Ill prob lose that battle.
thanks (in advance) for your input... (The "V" bottom recovery vs the "W".. ha ha)
Struc
TUESQ...28...Nice bounce off the Bullish 3 Gap Downs Reversal Pattern to the Upside...as the Psar flipped to a Bullish Buy Position...
Open Gap in the .24 range that needs to fill...Needs to stretch the Upper Bollie and hold that 20ma to the Upside...imo...we shall see...
Chart...http://schrts.co/KrSfpNap
TUES changed to TUESQ, bankruptcy. Delisted from the Nasdaq to the OTC:
https://otce.finra.org/otce/dailyList?viewType=Additions
stop trying for 28s. You’re not gonna get them. Slap the ask and get this party started or we’re gonna be here for days
TUES...32...Psar flipped to a Bullish Buy Position...looking for a .50 push...imo...we shall see...
Compare OS of JCPNQ to TUES...both at the same PPS. $10,000,000 locks the float of TUES at current levels...:)))
I checked out a store in my area yesterday and plenty of people were there shopping. The lady at the register said that they’d only received one truck load since the store re-opened, but we’re about to start getting regular truck loads weekly
Here it comes!!!!
DALLAS, June 04, 2020 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ: TUES) today announced that the Company has obtained a commitment from BRF Finance Co., LLC, an affiliate of B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”), for $25 million of debtor-in-possession (“DIP”) financing as required by the Company’s current $100-million DIP agreement with its existing lender group. With this commitment, the Company has secured commitments for a total of $125 million to support the continuity of operations during Chapter 11 proceedings.
TUES...30....P/M...
TUES!!!!!!!!!!!!! SENDING IT!!!!!!!!!!
These great stores will be around for a while. Not all stores are closing.
Filled some yesterday at the 20. Hopefully green today
They'll be a massive base at zero
.29 has a massive base. I don’t see it breaking that. Shorts trying to hold this down, but they’re gonna be running for cover soon IMO
NICE ACTION!!! Massive walls on ask being wiped!!!
* * $TUES Video Chart 05-28-2020 * *
Link to Video - click here to watch the technical chart video
Looks good ......
We have LIFT OFF!!!! Tons of insider buying and institutional ownership in this company which is said to make a full come back...
* * $TUES Video Chart 05-27-2020 * *
Link to Video - click here to watch the technical chart video
TUES Tuesday Morning Corporation shares are trading lower after the company announced it will voluntarily file for Chapter 11 to pursue financial and operational reorganization designs. UPDATE: Shares have since reversed, now higher.
Good time to buy these type of stores... they will do very well in down economy...
Indeed! That´s why I´ve bought yesterday :)
Now is the perfect time to enter back in and make some profit gains.
Sold all of my holdings on this dumpster fire. If it goes up, good for you. My loss is your gain.
News: $TUES Tuesday Morning Corporation Announces Fourth Quarter and Fiscal 2019 Results
• Net sales were $230.5 million in Q4 fiscal 2019; Comparable store sales increased 0.7% • Net sales were $1.0 billion in fiscal 2019; Comparable store sales increased 0.4% • Gross margin increased 110 basis points in fiscal 2019 ...
Find out more Tuesday Morning Corporation Announces Fourth Quarter and Fiscal 2019 Results
Further TUES fat-cutting & stream-lining...
Dropped an upper manager; added a very experienced, logistics board member!!!
Analyst "BUY ratings".
Looking good.
The PPS could retract to about $2.20 a share (which is about where the lower Bollinger Band is at). More commonly known as a "Touch & Go".
I'm not saying that it will happen. I'm saying: With a MACD 'cross-under' on the TUES technical doorstep... It certainly could happen.
* * $TUES Video Chart 02-01-2019 * *
Link to Video - click here to watch the technical chart video
60 days to cover - The ssssqqqquuuuuueeeeezzzzzeeeeeee has begun.....I hope.
The floodgates of short covering are going to open. Read this am's PR. No reason to be short any longer.
The first couple weeks of January are going to see this go up and up due to shorts covering. Then when sales and earnings are announced it will really go up! With the incredible hot housing sector and all the house flip flops there is no way the company cannot be performing well.
Me thinks your timing is better than mine. I still love TUES moving ahead but I will give up trying to pick when it triples....but it will.
TUES is on the cusp of exploding upward. Fuel is legit fundamentals, a chart that is beautiful, and massive short squeeze when they try to book their profits when January hits.
Interesting that short interest stayed flat from Sept 15 to Sept 29.
Made a good short at $18 but pretty stupid to hang in there at 2.80 when the stock is heading higher.
I really hope that more of you are along for this ride than seem to be posting here. With their operations getting back into control and the company working back toward profitability it should be an effortless double from here in the short term and a possible 5 bagger in the longer term.
Of course the short covering could get it there quicker than any of us think.
No worries with TUES at this level. Buy with abandon!
Chart
Check out @youllberad's Tweet: https://twitter.com/youllberad/status/871916266516303872?s=09
Wonder if Tuesday Morning will be open for business next Tuesday Morning.
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