Transportation and Logistics Systems Inc (TLSS)

[PennyStockTrader2]

I disagree with you on penny stocks, actually all stocks altogether. Look at IPSI as a great example of a recent stock that went up 8x from the bottom, if you had looked at the chart as some did, you would say the exact same thing that you are saying. Charts mean nothing with these pennies, except if you want to trade them there is some value, personally I look at a penny getting oversold to buy and overbought to sell, and I determine overbought and oversold by eyeballing the chart including price range and timeframes, and partially my avg cost but I try and avoid doing too much of that since the market doesnt care about my cost and neither should I, that's it.

All of that said, no way if you told me in January that this would be trading where it is that I would have believed it, in fact I was betting on an increase, not a halving. But I adapt and overcome, and per my trading rules I increased my purchases as it fell, and I am fine with that.

And while I believe the company is on the right track, I also am placing a hold on any further buying at this price, or at least minimal buying like a couple hundred K shares in the low .005s where it has established some support.

This cannot go on forever, the company needs to complete deals, and if they dont then I would request large salaries be lowered until they do, b/c we dont have forever to make things happen as money will eventually run out.