Friday, March 05, 2010 12:29:59 AM
This is what happened to TSHO..
Before February the price was expected to go to 1.50-2.00 on SPECULATION AND VOLUME that the infomercials would bring in.
That did not happen-no volume came in from the infomercials so the price started staying around the 80-90 cent range.
People got impatient (longs) and started selling some positions and to free up some capital maybe for the next pick.
Thats where the selling pressure actually started and now we are in this range.
This stock is over valued at $1.08 in the short term. In order for this to be justified the revenues that will be reported this year has to show at least 20 million in gross..Honestly do you think we can bring in 20 million in gross by August? No...However we can probably bring that much in by next year and if you want to hold out til next year than this stock may be a good buy at these levels..but short term it seems to be over valued.
I don't care if hte company is going to come out with 20 different products next month-that still would nto bring in the needed revenues to justify a $1 stock price.
Right now selling pressure is really strong and people are going to be looking to exit on rallies.
I don't think this stock price is headed up to the $1.50 range anytime soon (soon meaning within a couple of months)...maybe by August/September if the company reports extraordinary sales plus launches of other products
Til then its either going to linger at these levels or drop (based on people wanting to get out)...
so if you don't want to sell at these levels then hold and wait til later this year to sell or you can sell and move on to another stock...
If you believe in TSHO do not buy the shares right now instead wait for all the sellers to exit and then buy some more shares.
Also that excuse of shorts driving down the price and all is what I believed to be BS. If you look at the shorts on the pinksheets its not that many to create the massive short squeeze that everyone is relying on.
So just either hold long or sell right now and move on. Those are the only 2 choices you really have.
Sorry to be bitter-This is the truth and I know it hurts..and again this is my opinion...
Before February the price was expected to go to 1.50-2.00 on SPECULATION AND VOLUME that the infomercials would bring in.
That did not happen-no volume came in from the infomercials so the price started staying around the 80-90 cent range.
People got impatient (longs) and started selling some positions and to free up some capital maybe for the next pick.
Thats where the selling pressure actually started and now we are in this range.
This stock is over valued at $1.08 in the short term. In order for this to be justified the revenues that will be reported this year has to show at least 20 million in gross..Honestly do you think we can bring in 20 million in gross by August? No...However we can probably bring that much in by next year and if you want to hold out til next year than this stock may be a good buy at these levels..but short term it seems to be over valued.
I don't care if hte company is going to come out with 20 different products next month-that still would nto bring in the needed revenues to justify a $1 stock price.
Right now selling pressure is really strong and people are going to be looking to exit on rallies.
I don't think this stock price is headed up to the $1.50 range anytime soon (soon meaning within a couple of months)...maybe by August/September if the company reports extraordinary sales plus launches of other products
Til then its either going to linger at these levels or drop (based on people wanting to get out)...
so if you don't want to sell at these levels then hold and wait til later this year to sell or you can sell and move on to another stock...
If you believe in TSHO do not buy the shares right now instead wait for all the sellers to exit and then buy some more shares.
Also that excuse of shorts driving down the price and all is what I believed to be BS. If you look at the shorts on the pinksheets its not that many to create the massive short squeeze that everyone is relying on.
So just either hold long or sell right now and move on. Those are the only 2 choices you really have.
Sorry to be bitter-This is the truth and I know it hurts..and again this is my opinion...
