Traack Technologies Inc (TRAA)

[bigbut]

Not that much resistance to .20 from here, but you have a better grasp on reality than most on this board.

this is a back up the truck at .10 area where we are now, not much downside that I can see.

there are many things that need to happen along the way for a ticker to go from the trash heap to respectability, so I ask myself - what is this Co doing to make that happen?

the answer I come to is that they are taking a methodical trip toward respectability. the crowd funding going on is a step in the right direction.

Back in the day, small Co's would have to get in bed with sharks for financing. the sharks would provide cash, and take shares, which were "locked up". A lot of times, the sharks would get in the box by shorting all their shares (they couldn't sell them, but they could turn them into a house and short them, either legitimately, or naked).

The absence of outside funding from that type of stream is positive in my view, but its still a .10 stock. It wont be for long, IMO, but only time will tell.

The fact that we have been holding near the .10 line is just the coil of the spring tightening, and once we break to the upside, say to .14 again or so, this thing will pop right through .20.

there are lots of believers here, and those believers are evangelical. Stock price is a supply and demand game, so do the math, and you cannot help but come to the conclusion that once this starts moving, it will go vertical for a few sessions.

good luck in your trading.

but