Trucept, Inc. (TREP)

[dude iligence]

SteveB88 Let me answer that in a couple questions. Do stocks go higher because people are willing to pay higher price or do they go higher because the buyers are waiting around for lower prices?

Would you rather buy a stock that is going up or going down?

With only 24 mil float and no dilution the base will move higher as more of the float is bought up and held. Supply and demand reduce the supply increase the demand and the price moves higher. In Dec 2018 the price moved lower and based aprox .035-.05. As soon as tax loss selling end and the new yr rolled around the price broke out above .05 moved up punched the 50ma topped at .091 intraday. Then it pulled back consolidated, basing aprox .06, 4 days ago we got a intraday test of re-test of .05 on a one min chart. In other words it wasnt there very long but that retest is important from chart support perspective. Friday the pennant completed in the AM. When that happens the stock is likely going to move. It did in the afternoon. Likely a fence sitter said to themself its time to get in. Monday best case senario TREP opens at .064-.066 the steadly trades higher working to the 50m or above. So given that shareholders want the price to keep moving higher would it be wiser to try and buy shares at say .05-.06 or .065-.08.


I suggest we set a high target price for longs and a min number of shares you need to own to meet somewhere and celebrate after TREP hits that target? The goal is to buy up the float and hold it in stronger hands.

In 2017 we saw xxxxx run from .10 to $3.2
In 2018 we saw xxxx run from .10 to $3.05

Both spent mils and made next to no revenue, will never be profitable and are dilution machines.

TREP with only 24mil float and 52 mil OS has far more potential to be a big runner in 2019.