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I’m buying more if it goes down today. It usually has a quick flush and up she goes
Feels like we might get some good buying opportunities today if there’s no news
I don’t know if they’re going to succeed on a big scale but they’ve already got partners in their ecosystem. I still think the QDX ID would have a faster and easier route to acceptance in another country, but there is still the possibility of a company or city adopting it in the US. It seems like a very complex project with major obstacles to overcome but they’re moving along. With the current situation with Covid 19 and the important application of QDX ID there could be huge upside especially if this gets some press on CNBC or major news outlets. I know their track record but I kept part of my position and have added a little recently. Too many pieces are coming together to ignore this.
I looked at YCBD and I know people who use their products. They’ve got high quality products and it’s a good company. What do you see as the upside for this and what’s your plan.
That’s what I was thinking too mojo, I was surprised to see this. I think some mutual funds may need a stock to be over $5.00 to buy. IlTTOO could be over $5.00 if they can make 1 million tests per month and their other business continues to get acceptance.
It could be on the 28th. It’s on TD Ameritrade for Aug 3 but I don’t think that is official either. TTOO will put out a PR soon with the exact date - I haven’t seen the date announced yet but could have missed it.
I got a proxy for TTOO for the upcoming vote for directors etc. I read through the questions to vote on and one was an authorization to do a reverse split at at number of varying ratios. It doesn’t mean they are going to do it but there were a lot of ratios which made it seem like it was a real possibility and they could pick from one of the ones authorized. This may not matter but I wondered why they would want this now unless maybe they want to get this over a certain price to make it available to more mutual funds.
I think earnings are coming up around August 3rd and there should be news before then. What other stocks are you following mojo
You have been right on mojo.
Without news we could be back in the 1.40s. One thing this stock doesn’t lack is big time sellers like today at around 2:30 when the rascals got back from their long lunch and siesta and back to their trade rooms
What do you think mojo? I was expecting a pull back but surprised it went so low.
That analyst has a great track record
Thanks georgie, that’s soYou anand others do a good job here
Thanks georgie, that’s some good info. You and mojo and others do a good job here
Thanks georgie, that’s some good info. You and mojo and others do a good job here
This news is a step in the right direction. There’s a lot of fluff in that news but they are working with a test lab and this will help validate the technology in a real world situation. I think there’s more opportunity in another country to adapt the QDX health ID on a wide scale although we are in desperate need of something like this.
Imagine if an airline or a city or state adapt the health ID or another country. We won’t be talking pennies hear but dollars.
This closed near its high yesterday and usually there’s a continued upward movement the following day. This is looking soft in premarket. We’ll see if it has follows through from yesterday in the first half hour. The market looks like strong opening today so this premarket is unusual.
You know this stock well mojo. I hope they can ramp up to a million tests per month. I hear on the news from all over the country that what’s needed is test results in a couple of days at most - if TTOO’s tests get results in a few hours they won’t be able to make enough of them. The tests have high accuracy as well. This stock is a winner imo. This is only a buck and a half.
TTOO’s Covid test gets results in a few hours - that is HUGE!!!
Someone didn’t want to wait till the market opened
The trading was on the buy side
A million shares traded in 5 minutes pre-market
Anyone see any news this morning
nice breakout there mojo, now support is around 1.34. There’s some resistance around 1.40 if it can blast through that and hold then maybe another leg up
Right at some resistance. Came back in the late afternoon.
An update would be great right now
There is a nice base forming mojo.
I think the buyers are going to lose their patience soon
Perception is not stagnant - it changes
Volume is low which is good - means the fish who do a lot of the compulsive selling are on vacation and the longs have a chance
I looked at the monthly chart a little more carefully tonight and a couple of things stick out It completely filled the gap from the huge up day. It is around some support. It closed near the high of the day after dropping. I looked at a few similar candles it had in the last 30 days and each was followed by upward movement. Sell on the news was in full swing and hopefully this is over. Usually there would be some significant retracement after the high but 100% retracement is a bit much. On a scale of 1 to 100 I’d say there’s a 68% chance we move up from here - not in a straight line of course.
Perception is individual. That’s why I say anger isn’t useful as it can cloud perception.
The stock price of a company can go up for many reasons. Perception of value is a key with the emphasis on perception
Finally showing some life!
Good, maybe this has finally bottomed
That’s a positive sign! Looking to cover before it goes up. Thanks QT
TTOO’s covid test gets results in 2-3 hours. This is a big deal especially in sports, businesses etc.
Maybe time to get back in for those who sold all. I hope they’re talking to other countries as the US is so screwed up at this time I don’t see them making a decision on anything like this. Maybe Texas will look at it as they’re in a bad way with covid and QTMM is local.
It’s way oversold - should have found support by now but that’s the market