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Sorry, should have posted a link. I’ll take the “pre-coffee post defense” on that one.
R/S news out
8K out!!!!!
Boom time
No debt, $5 mil cash on hand, shareholders meeting August 5, need to get to $1.....
I smell share buyback
$12 mil market cap, $5mil cash on hand, no debt! Easy play!
A buyout down the road seems plausible since they are splitting the company.
I can’t blame ppl for taking money off the table but let’s look at the future price.
8/15 Taronis Technologies earning call, spins off Taronis fuel, Taronis fuel gives earning call, stock dividend etc....
Now ex divide date is 8/15 also but you have to retain shares thru distribution date to receive shares , approximately 2weeks later.
Now consider all those shares being held for 2 weeks takes away from the float. So on 8/15 the free float will be about 30% of what it is today.
So at the time of earnings call and etc mentioned above demand for the stock skyrockets and the supply is greatly reduced. So the massive runs starts 8/15 and will be well above $1. Well above!! IMO
Holding
Considering it was .15 eight days ago....... yeah $1 and beyond
Resistance indeterminate at near close......to many day trader dumps.
What does our resident level 2 interpretive expert say about current pps?
When you say “handle forming” what time interval chart are you using?
Still holding? Aren’t you glad you did.
If you give me 1000 to 1 odds I’d bet against you. Otherwise.......GO TRNX!!!!
Up 17% from yesterday’s close right now. That’s good price movement. I think you’re safe holding over the weekend.
Repetitive post......old news
Easy question.......all of them!
Seriously doubt dilution. Trying to obtain listing compliance through sales, revs, and distribution expansions. They wouldn’t risk accomplishing that with cheap dilution at these levels. IMO
Higher lows. The closer we get to $1 (compliance) the more investor (big money) confidence grows. Once we get close to $1 it’s a steady trend upwards for months to come. IMO
What company provides helium to TRNX? I want to buy them too!!
I’m in a good place at .15. Had a sell order at .40 but kitty dumped her 10 gazillion shares at .36 so I missed the spike while on a road trip. Congrats to kitty, I hate her now. Lol
If execs are selling wouldn’t they have to file with SEC?
I’m not arguing, just a discussion.
Halcon Resources pulled off an average positive earnings surprise of 170% in the last four quarters. The company’s long-term earnings growth is pegged at 20.60%.
https://finance.yahoo.com/news/plains-american-open-season-western-214609036.html
Is that not a good thing?
https://stockstotrade.com/short-selling-restrictions/
From what I could ascertain, they appealed the delisting notice and presented a plan to raise the pps above $1. It is my belief that an R/S was dismissed. New management, acquisitions, a sound business plan, and increased revs granted TRNX either a 90 day or 180 day reprieve from being delisted. 180 day is what I believe. Judging from the press releases of late I can see it going above $1 very soon. This is my opinion only.
.......” Taronis has needed only a single Venturi Plasma Arc gasification unit to meet all of its production needs although the company last week started up a second unit at its facility in Clearwater, Fla., and is scheduled to bring a third unit online by the end of August......”
Ok, if 1 unit meets all production needs but a 2nd is coming online and a 3rd in August then something huge is in the works. Also that falls into the plan to get NASDAQ listing compliance by their timeframe. So a $1+ short term seems plausible with midterm price at $2-$5. IMO
No matter the numbers here it’s still worth above 20 cents now and days ahead.
Never mind
20-21 the bottom? Appears to be at present.
You have to refer to SA as seeking alpha. One is about as truthful as the other.
Thanks for the info and news links. I appreciate it greatly. Unfortunately I have to work and unable to get access to late breaking events in a timely manner. I’m long in most investments so impending news keeps me in the game. Thanks again.
Is there news coming down the pipe soon?
40—-70——or $7. It’s all good here!
Travel day for me. Missed the action. Still in at 14*. Glad I cancelled the sell order at 19. Next week should prove interesting with the volume we had today. Momentum should carry the day Monday. 45 to 55 range. IMO
Looking good!
I caught FC EL. In at 17, stopped out at 72. I put some profits here because it looked similar. GL