Looks like TKO may take a breather from its daily slide. Only problem is, that it appears only to be a one rung ladder. And, then a long chute opens up and TKO falls five or six rungs on the ladder over the rest of the week.
Earnings will be coming in the first few weeks of November, but until then, I think the slide continues. Remember, the biggest thing hurting this company is uncertainty and the inability to meet past promises. TKO's core business has never made any money...NEVER. The only way this company even thinks about turning a profit anytime in the near future is on the backs of SSI, Etho, and apparently MSHI.
It is truly sad that TKO jettisoned MSHI, and they have seemed to outperform TKO in every manner since.
TKO's tech was magical at one point, but it now seems to have fizzled. Just a few sparks left and with each passing day those are fading.
I'm feeling more and more confortable with my prediction of below $1.20 by November 1st...at least much more comfortable than those prediction upper $2s by that point. I would say the trend in analyzing each prediction is clear. Wonder if I'll get an apology?
All posts are only in my opinion. I am not a broker or anyway involved in the securities or investment industry. I do all my own due diligence. Any allegations to the contrary are totally fabricated.
