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Re: gmoneypenny post# 3157

Thursday, 03/17/2011 9:46:45 PM

Thursday, March 17, 2011 9:46:45 PM

Post# of 58313
I wont get into a back-and-forth with you about this as everyone has to trade based on the information that is available to them and their interpretation of it. The final thing I'll offer ont he matter is the following: http://www.prnewswire.com/news-releases/transfer-technology-international-corp-ttinob-ceo-welcomes-aggressive-short-selling-position-in-record-volume-trading-week-115894434.html

Recall 3 things specifically:

1. The PR indicates Float= 79 mil. When did that happen? Prior to this release, the figures available was from their Dec. 2010 10Q (33mil) and Pink Sheets (1.6mil). Why no update of Pink Sheets or filing reflecting the increase? The only source is from Trina's own comments in that Feb.11th PR. Why's that?

2. Why say bring on the shorts and use FINRA Reg-Sho data> Trina's a former Wall Street investment Banker. He should know that number is not an accurate reflection of short interest. That breads mis-trust in my book.


3. Look at trading volume and pps movement with each news release. hell, I'll do ya one even better, look at the A/D line around the time of the Feb. news releases.

So, at the end of the day, we have an increasing float, an A/D line trending downward since the early Feb news releases (proof of selling in case you need that spelled out), and pps loss.

There's the proof if you know how to interpret it...at least in my book. Stand by TTIN if you want. I have all the proof I feel I personally need to decide on this one.

TTIN - Daily Candlesticks