In more than 20 years of study in the stock market, first under William O'Neil, then John Murphy and then Chip Anderson and a slew of others, I have never heard of the common share holders determining what the company is and is not doing in private. This would be a conflict in my opinion.
To say that an outsider knows for a fact that a company is not even close or close at all or where they are in their process of selling their widget seems to me to be insider information unless of course the company itself makes a proclamation regarding this information. I suggest that either one does not really know what they are talking about or that they are an insider that is leaking information and may be shorting or if they are leaking positive information that they are going long a stock. Either way, it seems to me to be illegal. That is, unless the one claiming this information really has no idea.
I prefer to deal in facts. The company is under a strong obligation to be truthful and therefore has made certain statements which should be believed. The following rules were cut and pasted from the front page of the OTCMarkets QB:
OTCQB Key Highlights
Grouped with other companies that have audited financials available and are current in their reporting
Minimum bid price test of $0.01 removes companies that are most likely to be the subject of dilutive stock fraud schemes and promotion
Improved investor confidence through verified information, confirming that the Company Profile displayed on www.otcmarkets.com is current and complete
Annual management certification process to verify officers, directors, controlling shareholders, and shares outstanding
Greater information availability for investors through the OTC Disclosure & News Service
Transparent prices for investors through full-depth of book with Real Time Level 2 quotes
Access to Morningstar quantitative equity ratings and research enables investors to better analyze and benchmark a company relative to its sector
These rules so far have been held well by TTCM. I have no proof at all that any one of these rules, some of which cost TTCM a lot of time and money, I have no proof that a single rule has been broken, thus, any information to the contrary of a PR or Statement of any kind from TTCM must be incorrect. This is my opinion based upon the the best facts that I can find. If there are other facts about the company that can be proved opposing this I am very interested.
The thing is, this company also has an amazing and quite positive thing going for it.
Guess what it is...
TTCM is a rare find. Very rare. No matter where a company is in a lawsuit or a patent approval or sales or profits or cash on hand, the stock price has to do with one thing, is the smart money IN on it. Notice I did not use a question mark after that last sentence. The reason, I am POSITIVE that they are. I have been a chartist for many many many many years. When I saw the TTCM chart I had no idea what the company was or did. I honestly thought I was looking at an MJ ticker symbol. But it took me about ten minutes to make an initial buy in the STOCK CHART. This BULLISH CONTINUATION INVERSE HEAD AND SHOULDER PATTERN is completely rare and almost never fails.
Please take a look at previous posts of Rockyten to see many many charts proving my point...again which is based upon facts.
Peace
