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Great job everyone on knocking out that bid support.
IMO it is way oversold, I see a major reversal starting next week. I am holding out for at least .03.
I think Mark has his hands full with this FDIC business. Its all good. I just keep adding at these low prices. Im in no rush for the price to move.
The PR's will come when they come.
You r not being negative. That is the reality of it all. Major news such as settlement of the loan, new stores, record sales, etc will send this flying. Until that hapens I believe we will b stuck at these levels.
People scream dilution on every board here. Lol
Good support at 9- 6 deep. thats a good sign imo. looks like we will have minor resistance at .01 come monday. if we can break through that .01 monday morning, i think we will do ok.
Not dilution, just day traders closing their positions EOD. I see this in 98% of stocks I play. Just normal activity IMO.
you and me both, i was sure we would at least see .02 today. It just goes to show you never know with these pennies. It appears we have good support around this pps, so maybe Monday we can see .02.
Yep, always depends on what is going on with the stock/company. Ive been in penny stocks that have had continued gains for a week. Not saying we will see that in BYOC, but I do think momentum may carry over on Monday and possibly Tuesday. Chart looks ok for BYOC to carry over.
MFI turning up, accum turning up, CCI moving up, RSI moving up, trix (2,3) has turned back up and crossed, macd has leveled off, slo stoch has begun its turn.
Looks like it could see good action early next week. All my opinion though.
NO that means nothing, Marks letter wasnt about the judges. It was about the FDIC. IMO we see a settlement very soon. The courts really dont care one way or the other. Of course they are going to rule on the side of the FDIC.
The next thing that happens, the FDIC and Tytan work out a settlement. The FDIC isnt in the business of closing businesses (unless you are a failing bank).
Charts show its oversold, some indicators turning back up. Maybe PH will b good to us.
Whatever you say man. I still say the FDIC settles the debt. Watch and see.
A good attorney is all it took.
That means nothing. Ive had a writ of garnishment and settled for less. Happens all the time. My writ was from the IRS for just under 30k. I settled for 11k. Like I said happens all the time. No big deal.
The appeal may have been denied, but that does not mean the FDIC wont settle. They are broke and in trouble. I cant tell you how many times I ve seen the court grant a judgement then it be settled for less.
Not only that, but only 800k. Geez ive seen other penny companies with tens of millions in debt and still trading higher than Tytan. This company has actaully been showing profits and decent profits. The bank conducted questionable last ditch efforts to save their own skin. The loan was not in default until they did that. The FDIC will take this into consideration. JMO but I think we will be fine here.
10-K is due today right. Or is it 15 business days they have to file.
Im trying to contact company, but have yet to receive a call back. Just trying to find out where things stand.
Yes we do. To be honest with you, Ive been sitting on the bid all day picking up 7's. Why would I want to hit the ask when they are giving me the bid?
Although I can see where you are coming from, just saying you have an inside source confirming the share dumpage really doesnt confirm anything for anyone else. Do I feel some shares have been dumped recently, sure I do. But until I can prove it, it is speculation. And when I do have proof I assure you it wont be an "inside source".
After saying that, one might ask: Does that change your view on TYTN? To that I say, Hell No, I still feel this is a solid investment.
I sent it to you via PM
Absolutely. If you purchase one I think you should post your feelings about it good or bad. I will do the same after I visit.
98% of the penny stocks out there dont even have a product. They are either in development or in need of financing to make it happen. Tytan has inventory you can touch and feel and they are already selling them. Im excited to go see them for myself.
I will let you know. I wont be able to go until the end of this month. I want to get my own pictures of all the equipment and I would like to test drive a few of the tractors. I will be putting a report of my visit together when I return and you guys will see it after Ive shown it to some other people I have wanting to put some serious cash into Tytan.
I should of put a minimum of 10-15 mil in sales. I agree that that number is also grossly undervalued, but I try not to set my sights too high. One step at a time. There is more competition today than there was when he started Rhino.
I am making a trip to see the product line in a few weeks. I also want to speak with Mark face to face. I have a lot of my own money tied up in this stock and I have family wanting to invest. But before I invest their money I am going take my DD to next level.
I disagree with you that several R/S's will be needed to attain $ 0.50 a share. Once things begin to fall into place like new stores open, sales pouring in, etc the price will follow. As we sit right now, I believe we are extremely undervalued. Just the mini tractor alone I feel is going to bring in 2.5- 3 mil a year in sales. With the price of agriculture continuing to rise Id say within 3 years we see Tytan doing 10-15 mil or more a year in sales. Call me a dreamer but my grandfather and uncle were both farmers. I see the mad potential this company holds.
If anything I see them doing a F/S or two down the road.
Of course this is all my opinion and I could be way off.
I agree Steve. Tytan does sell itself. Im with you on all the news is coming talk. Of course its coming. Im ok with waiting 2 weeks or so between prs.
Accumulation is at its highest point ever. When this thing finally blows, IMO, I think we will hit .002 easy. With great news and sustained buying pressure we should be able to weather the flippers.
Just like some others in here I am simply waiting for fins, updated SS, etc. I think once we get that, and they are as good as we all think they will be, we will be off to the races.
Sure is a ghost town around here.
These are all just myths. Trust me there are plenty of cgfia shares to go around for everyone. So if there was a 100 trade it doesnt mean they need shares. LOL
You are dead on, although, unlike many other diluting companies, this one actually gave you a warning when they said they were increasing the A/S. I bailed after that.
Sure would b nice 2 c 9 on the bid 2moro.
I dont think anyone is selling. i think nite is filling at the bid. look at the trade at 15:39:13. 883102 at .0007 and then 116898 at .0008. someone prolly put an order limit for 1 mil at .0008 and got a partial at 7 and the rest at 8. Typical mm games. they just want to hold this back.
Trying to make buys look like sells, JMO.
Dont worry, they will be here soon. lol
Yes it does look good. I just dont like seeing vfin there on the ask.
All in good time.
No, them selling all their shares into the news is what killed the run. JMO though.
Well, it isnt getting dumped either. We had a nice little run the other day, but a lot of shares that were picked up at 5,6 were sold at 8,9. If it were just dumping we wouldnt have made it to 9. Right now everything is nothing but speculation. Bottom line is, good product in hot sector. Company is making forward progress and the pps will soon follow. What was that song by Guns N Roses. All we need is just a little patience. It just doesnt make much sense why Mark would be dumping.. Sure, people having been talking about r/s, but im sure mark knows now would not b the time to do that. Imo, this is a solid company that just needs a little room to grow.
TYTN is not choosing not to be transparent. they have filed all reports needed to maintain current info status on pinksheets. Just because the TA they are using has that policy for every company they represent does not mean TYTN is conducting any questionable business practices. I have called the company and IR guy and they are more than willing to discuss any information already made public. To me that is transparency.
TYTN is a pinksheet stock. There is risk with every pinksheet stock. TYTN has a viable product in a hot market. Using a TA that doesnt give out company info is by far the least of my concerns. All stocks involve risk. IMO the potential this company (TYTN) holds far outweighs the risk.
Wow, another great play. A caveat emptor