Thursday, June 18, 2015 3:58:33 PM
I couple technical analysis with fundamentals. Anyhow, If you have read my previous post on $TITXF. As of March 31, 2015, Titan has a current burn rate of 3.6 million per month with only 27.4 million at hand. Understand the dilemma Bobby? Its like trying to pay the mortgage with a dwindling savings account. And you know, dilution and share price don't mix.
Theres also seems to be a lot of "soaking up size" with MMs — being kept down. Market makers are buying/selling shares more than they are showing. Tends to happen in the pink sheet land.
Either way I'm long, but looking to add more. I just need $TITXF to consolidate and find some stability.
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