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another note, now ive said i try not to concern myself with daily fluctuations as long as the fundamentals remain the same, but for those of you who watch it constantly, i will give you a little tip on what very short term traders and day traders use; set the RSI to a 2 day period, and use a 5 day moving average. First, if you notice, the 2 day RSI is in oversold territory. Secondly, pay attention to how the candlesticks react around the 5 day moving average. Notice how the candlesticks always return or whip back to the 5 day line. If it gets a little too far from the line it whips back to the line, if it goes to far under the line it whips back to it. As of right now we are a little over 10% under the line and the RSI is in the teens, in other words it is short-term oversold, and should expect some sort of rise to get it back to the line. GLTA
hey Red, i know people get a litte excited and testy when there are declines in a stock, but like ive been saying for a few weeks, there will be wild swings in this stock on the way up, that is just trader psyhcology, there will be dips along the way but ultimately it will head north. No one can give a definite timetable either. The fundamentals remain the same. On the initial run on April 2nd, we jumped from .0009 to .003 in two days. It then consolidated for 17 trading days from .0018 - .003, it took 17 trading days to finally break thru .003, then it ran to .005. Guys, this is still in the opening stages, The cup n handle pattern takes time to develop, ive been saying since last week that we would probably consolidate until next week, the handle portion slowly drifts downward, sometimes up to half of the right side of the cup, but again all not going to be the same. So, far TADF's cup n handle is acting like a textbook definition. During last year's run from .0011 to 5 cents there were several occasions where the stock dropped 50% and then returned to rally, eventually all the way to 5 cents. This is how things go sometimes, we are in pinky land you guys, there will be wild swings. Its certainly not for the faint, if its too much for you, then trust me there are several, including myself, that would scoop up cheap shares. GLTA
hey cool, the period ending 9/30/10 the O/S was 2.64B shares, as of May 9th 2011 its 2.9B shares. Just like Wolf said yesterday, its pretty much maxed out because the A/S are at 3.0B
Hey Titan whats up; yea its looking good, im buying tomorrow at 3:45 regardless, just wanted to clarify what I said about 50$ friday's that we used to do on another board. It was one of the most widely held pinks in IHUB, at the time it was a top ten on most popular board. THere were over 75 of us participating on 50$ fridays (of course some would put in more than 50, its up to you), on several occasions we were able to push the stock up over 15% in the final minutes of trading, it was exhilarating, greatest rush ever seeing all those trades go thru in the final minutes of trading. On two occassions, we pushed the stock thru resistnace on Friday late pm, and it rallied over 50% the following Monday. The reason technicals, and charting works is because all trraders are aware of it, so it sort of becomes a self-fulfilling prophesy. So, as of right now, a breach of the .0045 - .005 confirm a break of the cup and handle AND it would also break the last remaining major trendline dating back to July 2010, it has bumped against this trendline unsuccesfully 4 times, this next one will do the trick and send us into orbit. GLTA
hey Rage, dont have pm, but yeah i knew it was you with the 5k orders, i saw them all, good stuff, i was hitting the ASK late last week with several small orders every time the bid was hit with small orders. Yes, it helps, especially in areas that are considered to be support or resistance zones. I was in a stock where several on the board would setup a buying campaign. It was called 50$ fridays. Everyone would hit the ask with 50$ in the last 15 minutes of each Friday, it would get crazy MM's would be flooded with orders, and the stock would pop 15 - 20%; and several times it was done in areas of resistance which then led to massive rallies. So yea, if a group got together to set something up like this, it would definitely influence the stock. But, for it to work it would have to be bumping right up to resistance. So if TADF was bumping up against the .0045 - .005 zone by Friday pm, and several on the board got together to organize a little buying campaign, it would probably push it over and close above resistance. This would spark a furious rally on Monday from new money coming in. Trust me, this break of .0045 - .005 is extremely imortant, it validates this whole month and a half rally, it confirms a new trend, a trend that, over time, will have its eye on 5 cents. It would be kinda like the HEAT beating the cetics tonite, it validates them as being the real deal, but they still have 8 wins to go to take the trophy home. So far the foundation is set, TADF spent 2 weeks in the 20's until it broke out, the next break will take us near or over a penny.
overall a very solid day you guys. Buy volume was over 6.5 million and sell volume was at over 4 million shares. You can tell that there are very little sellers, MM's trying their best, but people arent budging. This sideways action is very encouraging, you can sense that it is building itself up to explode. A few more days of sideways action should get it ready for an assault at the .0045 - .005 and finally break the handle and the last remain major trendline dating back to July 2010. This is the final test to confirm that this run is for real, a break of that area will take it back to its multi year high, I cant give a timeframe, but thats where it would head. Good info from everyone on the board today, she's looking pretty. GLTA
yea it seems like its gravitating slowly to the low .004's, this is consistent with the formation of a handle, and eventual break to the upside. Volume has been a bit on the low side today, but buy volume has outpaced sell volume. Overal a good day for this consolidation phase. A few weeks ago, TADF keep bumping up against .003 for over a week, until it broke and immediately ran to .005 on heavy volume. Same thing will hapen this time, but possible more explosive becuase there is a different dynamic at play. This next break will finally cement the uptrend, as it is the last strong resistance area left before we get to the multi year high of 5 cents. GLTA
yea it seems like its gravitating slowly to the low .004's, this is consistent with the formation of a handle, and eventual break to the upside. Volume has been a bit on the low side today, but buy volume has outpaced sell volume. Overal a good day for this consolidation phase. A few weeks ago, TADF keep bumping up against .003 for over a week, until it broke and immediately ran to .005 on heavy volume. Same thing will hapen this time, but possible more explosive becuase there is a different dynamic at play. This next break will finally cement the uptrend, as it is the last strong resistance area left before we get to the multi year high of 5 cents. GLTA
thats the number wolf 653M held by insiders; so yeah its seems that the total O/S is 2.9B and the Total float that is available to trade is 2.2B. Ok thats good, we got some accurate numbers to go by.
hey wolf i just checked that out May 6th was a friday and may 9th was on Monday. It seems impossible that they would have issues that many shares over the weekend. Not 100% sure how that works. But the wording seems differnt. On the may 6th one, it seems like they have calculated the O/S minus any shareholders owning more than 10% of TADF shares, in other words i guess what they mean is the float. Or its just a typo, becasue the Sept 2010 10-Q, shows that they had a little over 2.6B outstanding shares. The wording on the may 6 one suggests that it was calculated without 10%+ shareholders, adn the May 9th one seems to calculate the entire O/S. I'm going to read it over again, cuz sometimes these filings can get a little comlicated. But, in any case you are right, this is not so bad, at least we have a number to go by.
yea, 3B is not bad at all, considering they havent done a R/S since their inception in 2006. Ive seen other pinks with way more shares trading in the pennies, with way less potential. Your estimated pps range seems reasonable considering it ran to 5 cents last year, and we didnt know what we know now. Especially if they do another share buyback. Just a matter of time. Either way, this EMB-314 is huge, it will bring in more Revs, from the US and abroad.
heys guys, i just wanted to add something to olandugs theory that ETMM put out a bogus 14M share order as a scare tactic. Last week and early this week i conducted a little experiment by trying to place a multimillion share order under the ASK price, then i tried putting a multimillion share sell order slightly over the ASK, just to see how the MM's behaved. When i place the large buy order slightly under the ASK, the immediately raised the ASK, I pulled it and it went back to normal, then i tried putting a large sell order right above the Ask and they lowered the BID dramatically, i canceled the order immediately and the bid/ask returned to normal. I did this becasue it has happened to me in the past with other pinks. When that 14M order appeared yesterday, the BID/ASK spread remained the same throughout. Which leads me to believe that ETMM was using somesort of loophole scare tactic. Because later they pulled the order, and went back to BID to scoop up millions of shares. It looks like they have accumulated a ton of shares. Nothing really surprises me with MM's, ive seen alot of dirty stuff, but we are in pinky land, and this is their turf, they reign supreme, at least in the short term, when we are dealing with extraordinary events that TADF is about to unleash, there's nothing really that they will be able to do. GLTA
nice site wolf, I think the 3B number is actually their A/S, because the last 10-Q listed their O/S at 2.6B, i'm sure they have issued a few more shares since then, so the O/S maybe just under 3B, but I think you are right, if they decide to raise the A/S they have to file with the SEC.
Great stuff Wolf, the info you got from Gerald is priceless. Yes, your numbers seem right, and it definitely makes sense when he told you that they would most likely halt the stock in order to re-adjust the share price. Out of all the DD done on this board, this may be the single most important conversation posted on the board. Gerald provided info that 100% confirms what we have all been thoerizing. Share price increase, share buyback, merger close upon financing, and an idea of TAC-AIR revs if we use his 1 times earnings model. Looks good to me. GLTA
Hey Gwiz, its hard to predict when a stock will pop, but everything is pointing to a substantial move up very soon. Technically the stock is incredibly bullish.
* It is trading above the 50 and 200 day moving averages
* We just had a 50/100 day moving average cross
* A 50/200 day moving average cross will prob happen next week.
* Look at TADF last year what it did after it had the 50/100 & 50/200 cross
* So far this run has lasted over a month and a half, most pinks go by the three day rule (get pumped for three days and crash)
* Since the start of the run it has broken three significant resistance points with great volume and held above it.
* This consolidation period after the last run, has helped cool off the RSI reading, Like ive said, now its ready for the next run, and can support a move over a penny on the next leg up. (let me give you an example of what I mean, currently the RSI has a reading in the low 60's, after the initial run, the RSI spiked and when TADF consolidated in the low 20's the RSI was in the low 60's again. Thats a move from the low 20's to the low 40's, and the RSI is in the 60's. This is becasue it had time to consolidate after both runs, initially, it would have never sustained that run if it didnt consolidate first. It is now ready once again.
* The last real resisitance area left is the .0045 - .005 region
* This is because there is a trendline from July 2010 that is currently in that zone. ANd the cup and handle break just happens to be right in that zone.
* This is why im saying that a break of the .0045 - 005 will be explosive
* From what i see, barring any major events, it will probably trade sideways for another few days to a week.
* The weekly RSI also has ALOT of room to run
* The weekly chart also shows that it bounced off of the 50 week moving average
* For those of you who are getting a tad inpatient, let me just remind you that it has run from .0009 to .005 in just a little over a month. Thats over a 450% beginning to this run.
* Thats the equivalent of a 9 dollar stock going to 50 dollars.
* Technically looks great, but it has been driven by fundamentals and pending extraordinary future events
* Certain patterns take weeks even months to fully develop. Give it time, the handle will be broken soon and you will be happy you held on.
* Always remember the trend is your friend. We are in a marathon you guys, MM's will pull out all their tricks as we have witnessed several time, but at the end of the day it wont stop the inevitable.
GLTA
hey moon, yea its looking great so far, the last three pr's have mentioned tac-air as their pending merger partner. The emb-314 acquistion was executed by both parties, which suggests that the merger may be closer to getting done sooner than most expect. The emb-314 is used worldwide, and the US has been testing it for years. This is a enormous milestone for the cmbined entity. I expect it to trade sideways for another week or so. The great thing is that in the meantime the RSI reading have leveled off and can now support a move to over a penny on the next leg up. The next move will be explosive becasue , the last remaing trendline and the break of the cup and handle pattern coincide at the .0045 - .005 zone. there is very litte resistance after that all the way to last years high of 5 cents. After this break, the .0045 - 005 area will become rock hard support. Things are looking good, the auditors are obviously hard at work, releasing the amendments to the last 10-q and the last 10-k. The next release will be the 2010 10-k, and this will get TADF back to OTC current status, which it has been since 2006. Very consistent, not too many pinks out there that have been current for over 5 years. Patience is the key to this one, wait it out a bit and you will be rewarded. GLTA
the 8-k released today just adds more detail to the May 3rd pr, and it confirms that the aircraft that they were refering to as specialty aircraft in the May 3rd pr, is in fact the EMB-314 super tucano. This is from the May 3rd PR:
Through a Services Agreement executed on May 2, 2011 with its pending merger partner, Tactical Air Support Services, Inc. ("Tac-Air"), TADF and Tac-Air have acquired the exclusive use of a specialty military aircraft that Tac-Air will operate through the Services Agreement with TADF
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are very pleased to be partnering with Tac-Air on this ground-breaking project. The use of this aircraft, the only one of its kind in the U.S. and with apparent high demand and interest from the U.S. Department of Defense, we believe, will serve to not only generate revenues for our companies and increase our visibility and credibility within the tactical aviation sector, but will also serve to further join together TADF and Tac-Air as we continue to work towards closing the merger between our companies."
Hey Red, yeah I noticed that. I know the new rule changes are intended to try to level the playing field, but these MM's will always find loopholes to do what they need to do. They will always use manipulative tactics, that has always been the case. In the longterm, TADF's Technicals/Fundamentals will trump all, but in the short term MM's will do what they need to do to make a quick buck. They need volume to make money, so its in their best interest to generate volume however they see fit.
On another note, there is one last trendline that TADF is close to busting thru. It dates back to July 2010 and it has bumped against this trendline several times. Last time being last week, when it had a short term top at the .0045 - .005 zone. This is great becasue this trendline coincides with a break of the Cup and handle formation. I expect some more sideways/accumulation action for the next few days. volume will increase substantially with this break. Once broken, this .0045 - .005 zone will be a rock solid foundation of support. Looking good you guys, remember this is a marathon. GLTA
hey guys, here is an update of the spreadsheet i have been maintaining of buys/sells as of yesterday. This goes back to a week before the initial run-up. As you can see buys are outweighing sells. Also keep in mind, this DOES NOT include all the Millions upon millions of shares that were bought at BID. Like ive said, about 90% of my shares went off at the bid price, and i keep in contact with several others on this board that also have millions of shares purchased at bid prices. So, the buy/sell disparity is actually much higher than what this indicates. So far, the handle portion of the cup 'n' handle pattern is forming nicely. I suspect we'll see at least a few more days to a week of consolidated before we make an assault at the .0045 - .005 zone. In the meantime the RSI has leveled off very nicely, and can now support a move into the penny region, this is great considering that the RSI last week was only able to support a move up to the .006 - .007 region. This is why consolidating is so important, these week long breathers are fuel for the next run. Kinda like the warm waters of the gulf stream is to tropical storm; they cross over warm waters for a few days, and transform into monsters. GLTA
ask (buys) bid (sells)
3/29 7,000,000 9,000,000
3/30 300,000 2,700,000
3/31 1,100,000 3,700,000
4/1 4,200,000 10,600,000
4/2 - -
4/3 - -
4/4 1,000,000 2,000,000
4/5 18,400,000 1,700,000
4/6 83,000,000 41,000,000
4/7 42,000,000 67,000,000
4/8 8,700,000 13,200,000
4/9 - -
4/10 - -
4/11 4,500,000 17,000,000
4/12 5,400,000 11,100,000
4/13 5,300,000 10,100,000
4/14 7,300,000 9,200,000
4/15 5,000,000 3,600,000
4/16 - -
4/17 - -
4/18 6,600,000 9,600,000
4/19 7,500,000 11,200,000
4/20 10,400,000 7,400,000
4/21 3,600,000 4,700,000
4/22 - -
4/23 - -
4/24 - -
4/25 3,900,000 4,700,000
4/26 24,900,000 6,900,000
4/27 6,800,000 14,100,000
4/28 6,300,000 2,100,000
4/29 14,200,000 4,900,000
4/30 - -
5/1 - -
5/2 35,200,000 10,800,000
5/3 23,000,000 24,000,000
5/4 10,000,000 10,000,000
5/5 9,300,000 8,800,000
5/6 4,800,000 13,000,000
5/7 - -
5/8 - -
5/9 9,300,000 6,700,000
5/10
5/11
5/12
5/13
369,000,000 340,800,000
All along i have felt that the emb-314 super tucano that is the featured aircraft for tac-air is the game changer to this whole plan. The emb-314 is a huge player in the International Markets. Especially South America and India. India and south america have bought thousands of emb-314 from Embraer. Tadf has said for years that they are making International deals their top priority, since Tac-air has such a strong foothold here in the US. TADF has added several members to their board and advisors that are experts in International defense contracting. This is no coincidence that Tac-air now has the EMB-314 as their featured craft. Last year TADF purchased Sudamin, which is a Colombian defense contracting company that also happens to be the Exclusive Representative of the EMB-314 aircraft. Here is an exerpt of India spending 1 Billion in training for several aircrafts, keep in mind that India is Embraer's top client for this craft, as they have bought thousands of emb-314 in the past several years.
India is reportedly getting close to awarding $1 billion contract for intermediate trainers. Of course, “close” is a relative term when we’re talking about India. The contenders include turboprops like Embraer’s EMB-314 Super Tucano, Pilatus’ PC-7 Mk.II, KAI’s KT-1, and the side-by-side Grob 120TP; and Alenia Aermacchi’s M-311 jet.
yeah titan, i saw that last year when LOI was made for tac-air, its from Manta website, its not very accurate in terms of employees or revenues. They are estimates; i have worked for several companies and i have checked manta's numbers and they have been way off on both employees and revenues, especially on private companies. We have to wait until merger is complete and full details are disclosed. In the meantime, trading is being dictated by the bullish technicals, family/friends being tipped off, and investors realizing the potential of merger.
This is the 2010 Department of Defense list of companies that have been awarded contracts. The history is there with the DoD, like i said in a previous post, once your in with theDod, youre in there for life. Thesse guys are big time, this is no joke. search (Tactical air support):
http://www.dod.mil/dodgc/defense_ethics/resource_library/fy10_Contractors.pdf
This PDF is from the department of defense website (DoD) from companies that were awarded contracts in 2008. Obvious;y this is old, but the point is that Tac-air has a history with the Department of Defense and so does TADF. As a combined entity, TADF will gain major credibility in the Industry. Just do a search for (tactical air support):
http://www.dod.mil/dodgc/defense_ethics/resource_library/2008_DoD_Contractors_List.pdf
hey sleeve, well all patterns, obviously, are not the same. But in TADF's case the cup pattern was pretty much as textbook as you can get. The left side started at .0045 and over the period of several months it formed a rounded, or U shaped bottom, the right side of the cup also topped at the .0045 zone. It then had a small selloff, which is consistent with trader psycholgy, investors that got in last year, or near the left side of the cup got out to break even, or close enough to break even. The stock fell fron the .0045 area back to the 200 day moving average at .0032. This is critical because it bounced off a key area with good volume, since then it has consolidated in this .0035 - .004 area to form part of the handle, the key area to watch is .0045 - .005. A breakout of this area, with heavy volume will confirm the breakout of the handle. With this breakout, you can expect, at the minimum, a breakout the length of the previous breakout candlestick. So in otherwords, the next leg up should take us higher than .0075. Like most pinks it usually overshoots to the upside, in this case the 14 day RSI has leveled off enough that it can support a move into the .009 - .0095 range. In this case it would need to repeat the pattern once again. Consolidated, get rip of flippers, bring new money in, and start a new leg up. This usually can take anywhere from a few days to roughly 20 trading days. Of course, all of this goes out the window if there is some merger news and details of merger. In that case we go parabolic and there is no telling how high we go. In all likelyhood, we may get a scenario like the one that Gerald (TADF's IR) talked about with Wolf, where the stock would be halted for an extraordinary event, and when trading resumes the pps would be adjusted to the .025 - .05 area. This is a strong possibility, and one that could come at any moment. Technically, this stock is trading incredibly, the daily and weekly look great, we just got a bounce off the 50 week ma, and like ive said a few times before we just got a 50/100 day ma cross today, next week we may see the 50/200 day ma cross which is extremely bullish. Trust me, advanced traders already have this in their radar, these technical milestones DO NOT go unnoticed. In any event, TADF is going to do what its going to do. But recent trading, buying pressure, and the MM's adjusting their ASK's upwards, suggests that we are close to another breakout. GLTA
nice info there sleeve, yea as soon as TADF breaks the handle to the upside, around the .0045 - .005 range; it should start to take off. Higher than avergae volume will confirm the breakout. This is one of the most consistent and potentially explosive patterns out there. We could actually see it happen this week or early next. GLTA
nice call wolf, right on both. yea, we hould see some follow thru tomorrow AM. Solid buying all day, with several million share blocks hitting the ask. The daily chart is looking great, and the weekly looks amazing, we just got a bounce off of the 50week ma. A break of the handle at the .0045 - .005 zone should increase volume and should also ignite the next leg up. Plenty of room on the RSI to make a substantial move up on the next leg. Im starting to think that friends and relatives at TADF/TACAIR/IR DEPT have been tipped off to future events because there has been substantial buying for months now, and the run is well into a month and a half now. Soon enough, maybe we get some news this week. Or better yet, a halted stock, with pending extraordinary news one of these mornings. When this happens im calling in sick, stayin at home all day glued to da screen. GLTA
Olan, this is as resilient a stock as you'll see in the OTC. You couldnt ask for better action than what you are seeing now. First of all, we got a complete cross of the 50/100 day moving average. Tadf is in the process of forming a textbook cup and handle formation, which is easily seen by the 3 month rounded bottom, the two edges of the cup which topped out at the .0045 range, and it is now in the process of completing the handle portion of the formation. As soon as it breaks the handle it will fly. THe way its trading, it may break out of the handle this week. This is absolutely beautiful, the 14 period RSI also came back down to sustainable levels which means that the next run will be that much larger. This is just a repeat of what we have been seeing since early April. Run, consolidate, accumulate, flush the flippers out, Run again, repeat. The support levels established on the way up are rock solid. Lots of solid, heavy buying, going on today. Lets see if she holds up in the pm, if we close anywhere in theis range today, that would be incredibly bullish, GLTA
yea olan, that is their goal, in the December pr, both companies expressed that one of their main goals was to bring shareholder value and get uplisted to a major exchange. Everything that they have been doing for the last few years confirms this. A little patience will reward us for a lifetime
GLTA
Actually Olandug, I initially got in TADF in the summer of 2006 at 2 dollars. The intraday high was 5.35 during that fall. Not sure of the exact date, but it may have been sometime in August '06. The highest closing price was in the 4.50 range. Of course the share structure was completely different back then. Its possible it could get back to those days, but they would have to do a share repurchase, which they have a history of doing. BUt yes, when dealing with government contracts, the possibilty and potential is always there to land the BIG ONE, especially now that they have joined forces. The 207Million govt contract that was awarded to TADF in 2008 is indication of that. GLTA
Garfield, you are right on the money, some sideways action will be dynamite for the chart. Longterm sustainability is the goal, forget about the two day run-ups and crashes, very few make money that way. A long term steady sustainable rise will make everyone on this board a substantial amount of money. GLTA
hey capton, yes this was updated on the Tac-air website last month. Its on their link called seaport-e. I was merely posting that the contract was already updated on the Navy website. This is just one of many contracts that Tac-air is currently serving. Thats why the price of TADF will go up significantly when the merger is finally completed. Tac-air has millions of dollars in Revenue, and have most likely been awarded several more, considering how active they have been in the past month and a half. I've been researching this company since its inception in 2006, so I know what im getting into, thats why i will be the first one accumulating monday morning at these pre-parabolic prices.
GLTA
yea, Olan it is pretty significant, Tac-air has several government contracts that are ongoing. The homerun, i think, is the EMB-314 aircraft they added to their portfolio. Just with a quick search, youll see how many different countires are using this craft. There is a reason they have featured thsi craft on their site. We know the real potential of TADF, and it gets even more exciting with both of these heavyweights joining forces. This is the potential, straight from last year's 10-k; its still pending, but the point is that this is real and could very well generate hundreds of millions $ :
In 2008, TADS was awarded a $207 million government contract to provide air combat training and support to the U.S. military. The funding amount of the contract has been stipulated, and the requirements of the contract have been established, but to-date, the contract has not been funded or “tasked”.
Hey guys, this is the Navy website. And it shows one of the contracts that just got awarded to Tac-Air (scroll to the middle, Tactical Air Support) This is just the beginning of government contracts in the pipeline. Once your in, you get a steady flow of contracts for life:
https://auction.seaport.navy.mil/Bid/PPContractListing.aspx?N00178-05-D-4597&Page=66
hey dollar, yea, believe it or not it happens pretty frequently. I would say that about 90% of my shares went off at the bid price. And i know several on this board that have millions of shares that were also purchased at the bid.
Man wolf, we would all love to see that Halt Code U3 sometime next week. When you spoke to Gerald, did he say that this was a possibility, in order to adjust the pps after the merger announcement;
this is gearing up for a historic run, its taking a breather. Its just like High Intensity Training. You sprint for a minute and jog for two minutes, repeat. If you sprint continuously you will never make it to the finish line, you will fall and collapse. Some people have been a tad impatient, but oh well, what can you do; thats just the nature of the beast, its trader psyhcology. GLTA
well put Olan, every stock that has a strong uptrend will go through periods of turbulence like this. Its essential that this stock go thru periods of consolidation, it builds support levels and fuels future rallys. NO stock can sustain going straight up like a rocket, it will always crash and burn. So far this stock is strong as can be, in time what needs to be announced will be announced, until then keep accumulationg. GLTA
hey Sampa, the board has been discussing this in the past few weeks. If you look at the 8-k filed on April 2nd, you'll see that TADF changed auditors based on economic reasons. It takes time to conduct an audit, especially year end. Like i have said several time before, I have been invested in TADF since 2006. They have been late a few time before, but they have always stayed current and filed. In otherwords, that is over 5 years of filing and staying current on a top tier in the OTC. Their priority, most likely, is the closing of the merger. Give them time, they will file the 10-k, they have done so for the past 5+ years. As soon as it files, it will go back to current status. GLTA
Ragman, TADF has created a textbook cup and handle formation. The cup began with the high of .0045 in December, it formed a rounded bottom for four months, and now the other end of the cup was formed when we, again, stalled at the .0045 region. Now its in the process of creating the 'handle' portion of the formation. Its quite a beautiful thing to witness. A few more days to a week of this consolidating will most likely result in a break of the handle, sparking another furious rally. Its on. GLTA
you are right cool, it would be more positive for any future run if we consolidate at thesse levels for a few days it will make the next leg up that much stronger, if it runs now, the upside will be capped. Holding steady, time to accumulate, technicals are returning to sustainable levels. This is a marathon. So far we are only in mile 2.
Chartwise, its looking so great. You guys need to see the 6 month chart on stockcharts. It is creating a cup and handle formation. It has all the characteristics of a Cup and handle. 1) it has formaed a rounded bottom the last several months 2) it topped at .0045 area, which is the high of the beginning of the cup formation. 3) we are in the process of creating the 'handle' portion of the formation. 4) it took several months to create thsi formation. This is one of the most bullish and accurate stock formations out there. to finish the handle, we need to consolidate here for a few more days, then slowly rise near the .0045 level. A confirmation of the break out of this formation will be in the .0045 - .005 level with heavy volume.
Looks great, not to mention we got a 50/100 day cross today, and most likely a 50/200 day cross late next week. Patience, like Cool says
GLTA
hey Olan, yea they are complying. You can see UBSS is at the bid for 1million shares. If the info is accurate, then it looks like .0039 will be taken out with just a little over 100k shares. This transparency gives us somewhat of a level playing field. Although, im sure they will still conjure up some sort manipulation thru some loophole, we'll see. but so far so good. some sideways action here and into the low .004's will get us fueled for another rally next week.