InvestorsHub Logo
Followers 7
Posts 1521
Boards Moderated 0
Alias Born 09/10/2015

Re: ricanich post# 35816

Thursday, 12/29/2016 12:30:48 PM

Thursday, December 29, 2016 12:30:48 PM

Post# of 54032
"Is today's buying attributable to people ... bargain hunting from tax selling sales?"

Sure - there may be some of that, although I think that it's only a minor factor. There's just too much uncertainty about TAUG's near-term future to move one way or the other, for most folks.

I think it's more likely that, one or more large owners of TAUG shares, felt the need to spend a total of $30K to stop TAUG's worrying share price decline. The recent volume has been relatively light compared to the stampede that will occur if TAUG loses it's legal case. If that occurs, IMO, there will be a blood bath heading for the exits.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.