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Tuesday, June 24, 2014 12:13:31 AM
I think longer term we keep on pushing here to new highs. I think we might even do it this week (and hopefully we will do it this week).
Don’t get spooked but on a red day in the markets even our beloved Titan might fall back a few pennies, especially after the recent run up.
The buying you are seeing is strong US buying and momentum players jumping on board. This can be witnessed by the pick up in U.S. volume versus the Canadian volume.
I am not a technical guy, but I think you will see the price run through $3 sooner than you all think. All you need is one or two institutions to begin to pick up shares to the point of owning 9.5% of the float where they don’t have to report their holdings and the shares get cleaned up. From what I can tell, this is starting to actually happen.
Imagine what happens is this goes to $3 and a whole world of new institutional investors start to pile in!!!!!!!!!
Long and strong
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