to predict TXMC today would be like predicting the weather, impossible in N.E., and slightly less impossible for Tirex
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but we have homilies and tools available to us for sure.
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my favorite homily is "don't fight the trend" which works for weather, wet weather is likely to be followed by more wet weather . hot and dry ? more of the same. not always right, but usually a safe bet for sure .
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so we have been "range-bound" in Tirex - the price is stalled in the $0.0030 to $0.0045 range, with moderate volume
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TXMC VOLUME IS (currently ) TOO LOW FOR THE STOCK TO MOVE MUCH ( imo, as always )
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google does not give the prices ( too low ) but you can see the volume easily below. we need to see tens of millions , actually more than that, to trade daily before this giant takes its lunbering first steps to the heights !
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GOOGLE txmc volume, Feb. & Mar. 2012 :
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Date,Open,High,Low,Close,Volume
30-Mar-12,0.00,0.00,0.00,0.00,1087799
29-Mar-12,0.00,0.00,0.00,0.00,5434056
28-Mar-12,0.00,0.00,0.00,0.00,5411500
27-Mar-12,0.00,0.00,0.00,0.00,90000
26-Mar-12,0.00,0.00,0.00,0.00,3639345
23-Mar-12,0.00,0.00,0.00,0.00,9649481
22-Mar-12,0.00,0.00,0.00,0.00,814300
21-Mar-12,0.00,0.00,0.00,0.00,2370150
20-Mar-12,0.00,0.00,0.00,0.00,943052
19-Mar-12,0.00,0.00,0.00,0.00,586600
16-Mar-12,0.00,0.00,0.00,0.00,2941600
15-Mar-12,0.00,0.00,0.00,0.00,754255
14-Mar-12,0.00,0.00,0.00,0.00,3960113
13-Mar-12,0.00,0.00,0.00,0.00,7190972
12-Mar-12,0.00,0.00,0.00,0.00,2243600
9-Mar-12,0.00,0.00,0.00,0.00,2199338
8-Mar-12,0.00,0.00,0.00,0.00,227338
7-Mar-12,0.00,0.00,0.00,0.00,2705875
6-Mar-12,0.00,0.00,0.00,0.00,2601090
5-Mar-12,0.00,0.00,0.00,0.00,1453500
2-Mar-12,0.00,0.00,0.00,0.00,2996000
1-Mar-12,0.00,0.00,0.00,0.00,2401000
29-Feb-12,0.00,0.00,0.00,0.00,3703500
28-Feb-12,0.00,0.00,0.00,0.00,595900
27-Feb-12,0.00,0.00,0.00,0.00,3114607
24-Feb-12,0.00,0.00,0.00,0.00,956200
23-Feb-12,0.00,0.00,0.00,0.00,7784224
22-Feb-12,0.00,0.00,0.00,0.00,2593000
21-Feb-12,0.00,0.00,0.00,0.00,2730900
17-Feb-12,0.00,0.00,0.00,0.00,2686000
16-Feb-12,0.00,0.00,0.00,0.00,5168410
15-Feb-12,0.00,0.00,0.00,0.00,4107222
14-Feb-12,0.00,0.00,0.00,0.00,2967029
13-Feb-12,0.00,0.00,0.00,0.00,2450796
10-Feb-12,0.00,0.00,0.00,0.00,2224034
9-Feb-12,0.00,0.00,0.00,0.00,4245285
8-Feb-12,0.00,0.00,0.00,0.00,2572162
7-Feb-12,0.00,0.01,0.00,0.00,5629518
6-Feb-12,0.01,0.01,0.00,0.01,8409503
3-Feb-12,0.01,0.01,0.00,0.01,12273956
2-Feb-12,0.00,0.01,0.00,0.01,34098463
1-Feb-12,0.00,0.00,0.00,0.00,13915203
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it's all educated guesses anyhow, but predicting the current trend to continue is wise, safe, and often correct.
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snowiegeorgie, heart pounding, and impatiently waiting . . .
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AI
