Saturday, May 28, 2016 8:54:34 AM
All that anyone has to do is look at the numbers and be realistic about what this is and where it is at. Right now it is showing a market cap of over $150 million. Is there ANYTHING at all that supports that valuation?
Not really.
Maybe a tenth of that, and if it was there, then a "run" is always possible. Penny stocks certainly can run from their typical "valuation" to something quite inflated.
The problem for TRTC is that at the moment it is riding on "inflated"...that makes it risky with a much much lower chance for the upside.
This company is not on any sort of trajectory in terms of business performance to turn that $150 million cap in to a reasonable valuation anytime soon.
Eventually the stock price will reflect that...and when it does a new "run" opportunity may present itself.
Not really.
Maybe a tenth of that, and if it was there, then a "run" is always possible. Penny stocks certainly can run from their typical "valuation" to something quite inflated.
The problem for TRTC is that at the moment it is riding on "inflated"...that makes it risky with a much much lower chance for the upside.
This company is not on any sort of trajectory in terms of business performance to turn that $150 million cap in to a reasonable valuation anytime soon.
Eventually the stock price will reflect that...and when it does a new "run" opportunity may present itself.
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