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ARCA MM has not shown up today. Interesting to note... almost all buys today at the ASK. Very few sells at the bid.
66- thanks for your email work. I look forward to hearing what Mac says.
Agreed
"Me love you Longtai." Needed that laugh today! Lol
Yes I have. ARCA is the MM driving all of the action right now. I trade / invest using Fidelity's Active Trader Pro. I can see ARCA on their level two, but only ARCA. I use the OTC website for the rest of the level two quotes.
As of this moment, ARCA has moved up to .1275 so we should see a push through .12 shortly. They are also up on the bid at .1121 driving the bid higher. I like the action the past few days.
We shall see what the coming days, weeks and months bring. Let's go Titan!
Nice! Did we know that they already held over 4M shares of Titan? I believe that is news to me and a definite positive for sure to see them
adding here. Thoughts?
And if that 4M share count did not make them Titan's largest shareholder before this, then there are obviously other significant shareholders above 4M shares but under 20M shares.
I have a hard time believing someone gives a $2M "deposit" and the money not be put in escrow. We picked up $2M in cash, furthermore, we don't owe the $2M. So either way you look at it, we picked up $2M in cash, plain and simple. We had to give up a lot of equity to do so, but this is the position we are in. Let's hope for further good news soon!
Yes of course, as it was a deposit only, and furthermore, was supposed to be returned as of the last PR about Longtai earlier this year. However, now Longtai converts the deposit to equity, in line with the terms of our latest offering - as they get 1 warrant for each share as well. And now, Titan can use the $2M investment for continued development of SPORT.
This goes to show the continued efforts of Mac and team. I'm very pleased with this announcement. Might not be a needle mover, but it certainly should be perceived as a positive. I'm interested in the other perspectives on this board as well.
Excellent news! No way Longtai doesn't want their $2M deposit back if they thought Titan was a failing company or SPORT was not the real deal. While this does not provide us with any more capital, it certainly is another validation of our company and tech. Furthermore, we now know who our largest shareholder is - a longterm strategic partner. Keep the good news company Mac!
I like to see the short volume decreasing, but I would think that is because we appear to be stabilizing at these levels. The shorts are still there, but I feel like some are covering today for sure. Just my gut... Who knows for sure, but I sure do love the volume and action today!
+8%, nice move today so far!
Fresh buying and/or short covering today! Let's hope it is indicative of good news forthcoming and a pop higher in pps. Does appear the MMs have taken their foot off our neck at the .11 or below level, at least so far today...
Nice volume to start off this Monday morning!
You have to be able tune out some of the noise on here. There are many positives. Mac will figure out funding as we continue forward, as that is no doubt our biggest challenge right now and the capital markets have not been nice to us. No way our pps should have been driven down to .10 but here we are.
I too wish this board was positive more often, but many of us have been invested for a long time (2011 for me) and frustration and impatience have begun to set in for many. I don't blame them, I just choose to stay positive because I have been and continue to be an investor in many companies. There is always a ton of risk involved, especially with R&D firms like this one with one product and no revenues.
Prior management really hurt us for years, however, we have an entirely new crew in that is kicking butt, are extremely knowledgable in their respective fields / positions, and want a BIG win with this company (minus our CFO I realize many people have a problem with and I don't blame them either, but let's not worry about him).
Our time will come. And when it does the stock will jump like you have never seen, especially if this product is as amazing as many experts in the medical community say it is, as well as many members on this board. I defer to those such as ST and Scalpel and 66 who are knowledgeable about the medical industry on this tech being a true game changer and the specifics that come with that. I always appreciate their medical expertise and comments.
Enjoy the rest of your weekend everyone and let's hope for some good news in the weeks to come! And stay patient. I truly believe our time will come. If not, I would have sold my position (300,000 shares) a long time ago.
It's after hours. The market is closed so the MMs don't maintain the normal daily spread on OTC stocks. No need to worry. You will see come Monday. It will be back between .10 - .11
Love LG's enthusiasm and excitement for the future! Great long term opportunity here at $7 or lower. I think the stock can easily double from these levels in the next few years, and should be trading above $10 in less than 12 months. Debt is being reduced every quarter and revenue / cash flow is on the rise.
If any sort of action comes from 232, then the entire "steel" sector sees a significant boost in their share price.
Nice to see the stock stabilizing today, even while other steel stocks are tanking.
Stock coming back a bit, off the lows. The market is overbought so the selling pressure was very high on most stocks today. The buyers will come back and squeeze these shorts right out. Hopefully!
I would also appreciate that! Thanks
What can FINRA do? And how are these guys manipulating the stock? Just constantly selling it short driving it lower and lower?
I agree with you that these guys have manipulated the stock with their PR in the past, but curious how one or two shops can drive a stock down 10% like this.
Agreed. I added at $25 today as well. X has lots of room to run, especially to cover its prior earnings downside gap
Thank you for your efforts! I look forward to seeing if anything pans out from it.
I'm adding here at $7, down almost 10%. The company is doing very well and I like the longterm outlook. I think we can very easily get a double on this stock from here, within the next few years.
Insiders bought heavily in the low-mid $6 range recently. We will be ok. The heavy selling pressure in the market today is not helping either.
10% selloff? Does not make any sense...
Major selling pressure today. Cleared the .10 bid entirely... sentiment is so poor at this time. We really need anything positive to be announced ASAP. MMs making tons of money on this stock with such a major gap in the bid/ask, and they obviously aren't afraid to take this one lower. Really hope we don't break the .10 range significantly...
I could not listen to the call this morning, but will listen when the replay is posted. I agree these short sellers have hurt us, but in the end I hope they are the ones that get burned. Cliffs just needs to continue to perform well and if we get any section 232 love or infrastructure news from Trump in the near future, that will help significantly as well.
In the interim, I hope the SEC will respond to you. Keep us posted please.
Is this why the stock is off 6%?
I also had that same scare...
See you in Vegas with Scalpel. You can buy round 3! Lol
Yes, it is one company and both TMD and TITXF will trade closely if not in exact fashion each day. However, each exchange has its own trades and volume, depending upon where the investors is buying or selling shares. The MMs on each exchange will do what they need to do in order to make sure both exchanges stay in lockstep with each other. Meaning, TMD cannot zoom up to .20 without TITXF equaling zooming up to its corresponding share price, and vice versa. Another way MMs have an advantage and make money on the arbitrage.
Haha! Sounds great to me and I'll buy the second round!!
Huge earnings beats by steel companies, CAT and other metals/mining companies. CLF should beat as well. Cannot wait for double digits again soon. Scooped up more shares last week at $7.50. Shorts gonna get squeezed further!
X killed it! Huge earnings beat and raised guidance. This stock has a ton of room to run - last earnings drop gap will fill soon, section 232 announcement coming any day, and infrastructure announcement from Trump will help this stock and sector soar. Added last week at $24 and may add again give this news. Stoked!
In follow up to my earlier post, not until just the past few minutes did MMs move up the bid (specifically NITE) and back off the ask. To the point where ARCA is now back at .1129 in front of ETRF. It will be interesting to see what tomorrow brings. Very light volume today...
Interesting to me that the ARCA MM has backed off the ASK so far today. Thus, the low volume and bid/ask remaining stagnant at .103 and .1085. Not sure what this means but I have noticed ARCA has been driving the bus on our stock price for a long time, selling millions of shares and constantly moving the ask lower and lower. I'll update everyone if this changes later in the day, for those that are interested.
What has that to do with anything? Of course they can. Matter of fact, it will be much easier to short on a national exchange like the Nasdaq. There is far more liquidity. And when the stock pops, the shorts will get burned and squeeze the pps higher and higher. I cannot wait!
And to your other question, we have not been told they will do a 30-1 RS. They merely have approval to do up to a 30-1 RS, which at these levels would be moot anyway.
That is such a silly statement. It does not "have" to be a 30-1. Titan has approved up to a 30-1, however, It could end up being 15-1, or less! No one on here knows, but we all hope the pps increases organically at first, and if they have to, do the lowest possible RS necessary to get us uplisted. They need to time this with milestone achievements and BIG announcements to support the pps. Then get the institutional money to flow in once they can purchase shares and realize the BIG opportunity this company possesses.
I'm scooping up shares here between .10 and .12. I'm still betting BIG on our future. Let's go!
CLF!! Nice move to the upside. Shorts gonna continue to get squeezed!
MMs selling so many shares at these levels. 140,000 shares bought at the ASK at .1088 and all the MMs did was increase the ASK. Lol. Unreal. They will get burned badly once this thing runs and don't position themselves accordingly. I have a feeling they are trying to push this down to .10 to try and buy back their shares at or below that level. Would be huge profits for them. Hope demand does not allow that soon enough and this puppy runs! Love seeing MMs scramble to buy back shares.
Also, I have to believe, barring any bad news or unforeseen circumstances, such as delays in milestones or funding issues, everyone that owns this stock is now sitting tight. Why would anyone sell at this point otherwise? Therefore, I think we are sitting pretty and just need to be patient and allow management to execute. Good news and future demand for shares will increase the pps.
Nice work 66. I'll have to look at this in greater depth when I get a moment.
Lol! I'll gladly toast to that! Hell, we can toast to all of the team that has made an appearance at Titan over the years.