Monday, May 18, 2015 1:11:29 PM
Personally, I think the 10Q was pretty ugly - but it could have been worse.
Price action (or lack thereof) is the result of the majority of shares being held in positions that are at 50% or greater losses. Once losses are that deep, those shareholders are more likely to risk the rest in hopes of one day breaking even than they are of unloading. This is a rookie mistake - but that's the environment we're in.
This, coupled with a general lack of interest (for good reason) means TRTC is in the midst of the slow bleed pattern that is all too common with pump & dumps. We've seen it a thousand times before.
New money knows better than to buy a bagholder stock as blatantly overvalued as TRTC. It's also well known that this is promoted by the 420Investor service - which is quite possibly the biggest red flag of all.
Headed lower.
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