Wednesday, March 03, 2021 3:03:07 PM
Makes zero sense to watch daily and try to convince people Titan's stock price is tied to SPY then reverse course and say now it is QQQ.
If the housing market is predicted to crash, you sell before the drop. When the housing market is depressed you buy ALL you can and wait for the rebound.
I have never followed ROLL's advise nor anyone else's advice.
McNally dropped another bombshell four days before the 2020 financial disclosure. No FDA until 2022. Titan is not dropping because THE QQQ or SPY is down. It is down because roughly 1.5 million shares trade hands with this stock. Machines are not trading this stock, People are. People got caught in the excitement and bought at $3 and up. They are regretting it now.
Shareholders are constantly averaging down to reduce their pps cost. FACT. Many are underwater and trying to get their costs down. I am one of the lucky ones again in the green.
We all know there will not be a buyout announced before the next two milestones if ever. It is the carrot that keeps getting dangled. We are all "Waiting for Godot" that may never happen.
The pps is dropping because people are selling to average down. Period. They buy when they think the stock price has settled.
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