When TIV broke $6 to the downside ...
... after such a long time seeing $6 as strong support , it heralded a significant change in long-timers' sentiment towards TIV as an investment vehicle.
Until, or I should say if, sentiment changes again and a new trend evidences itself , it will be worth charting again.
I always used to say , buy TIV around $6 and sell at whatever profit percentage one was comfortable with ... 15% , 20% , many times even 30% ... and I said that would work , until it stopped working. Nothing goes on forever , trees don't grow to the sky , and apparently you can't make fools out of even a few diehards all of the time before they'll eventually stop drinking the koolaid and start dumping their shares.
TIV sub-$3. That's gotta make Lynn a bit ill. And it's gotta make Tom Cunningham feel better about his initial dump taking TIV sub-$5 lol. I'd guess he exercised the other 2/3 of his options before they expired in August , meaning he got a lot more than double recent prices for them. I guess he had to quit to be allowed to dump them , like that Select guy way back who tried to sell some shares and got yelled at ... so he quit before too long.
Geez , G.T. Gamble has watched $10,000,000 evaporate since the Russell reconstitution earlier this year. And he doesn't appear to be buying any of these 'cheapies'.
JMHO
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
