Replies to post #6500 on Taronis Technologies Inc (fka TRNX)

[$oldier Hard]

Shouldn't happen that quickly imo. If they get their letter from nasdaq in the next couple/few days they should respond shortly after with their plan to regain compliance.

If they chose to not respond, which imo they will, they could always effect a R/S. I don't think anyone is in a hurry here. I'm not.

This one could possibly be a big Jan effect stock.

The January effect is a seasonal increase in stock prices during the month of January. Analysts generally attribute this rally to an increase in buying, which follows the drop in price that typically happens in December when investors, engaging in tax-loss harvesting to offset realized capital gains, prompt a sell-off.


I'm holding 3 other undervalued stocks as well. If you would like to know who they are, you can ask in PM Friday happy hour 16:00 - 17:00 hrs.

[mrfence]

I wouldn't expect it either but yah never know. I don't know if it's possible for them to have applied in advance since it was obvious some weeks ago that the deadline would not be met, and all the insider buying is making me go hmmmmmmm.... ;-)

Regardless, the volume is drying up down here, and sometimes the January effect starts early on a lot of issues by those savvy enough to take a loss 30 days prior to the last couple weeks of the year then buy back even more shares with the same money... Wish I could say that was me, LOL! But I've definitely taken the opportunity to get my average down to $0.51 so if it happens to touch $0.40 before EOY I'll definitely load a few more $MNGA~ :-)