$TRON 299M float. No R/S or dilution. $87M healthcare acquisition set to close. Financing already secured. Management of healthcare company(consisting of three hospitals) is working diligently and cooperatively with TRON management.
This is a great play, both for traders and investors. You may get lucky this week and see a shaking of the price on a bear raid(*cheap shares!) before the acquisition announcement. Announcement is looking like days to weeks away, not months. Rumor(not confirmed, and not a personal first hand source of my own) stated that property was getting signed over and transferred last week. I can't validate that, but I would watch for updates rather quickly should that be true.
PS Last sideways channel on the 1yr daily candlestick chart was roughly between .007-.009. Bears need to sell above that to profit. .009 and upward to .0111 area could be good strategy for staggered entries.
RSI(14)(1yr;daily) trends as oversold, per drawing of a trend line, at 41, serving as regular historical support, only being breached on rare occasion. RSI currently at 53. Not much to go from here to oversold and supported.
