TAAT Global Alternatives Inc. (TOBAF)

[hiroller12x]

nice rip at the close on 23k shares when only 107k was traded prior all day . Bounced off of 3.26-3.28 numerous times in the downdraft from the 3.30s. A bunch of retail jumping in at the close?? Kinda doubt it. My thought is we had a bit of short covering after bumping their head to the downside all afternoon.

If that was the case at the bell and TAAT reveals anything significant after the close or before the open in the AM then IMO tomorrow 'is game on' with more covering. Back to back PRs this week would be a crusher for the shorts.

Don't underestimate the shorts ability to take us deeper, but they undoubtedly understand that this could 'go off the rails' to the upside like a roman candle at any time.

stay safe, stay well