What does that tell you? Break even has to be 10x that - minimum. Anyone that had a break even point of $3.60 would be very happy b/c there are less than 20 trading days before we will be at $3.60. And from there it is onward and upward.
Matter of fact, I am willing to bet that the shorts are really in a pinch b/c PPS is moving north. I would also guess that the shorters would be posting negative sentiment almost by the minute to try and rein this back in (that is how you can tell who is shorting and who isn't). Almost in a desperate attempt to try and influence it back to the low $2s. They still have some time but the clock is ticking and we are one PR from it moving north of $3. Lucky for the shorters is that I don't anticipate any PR from Titan prior to AGM (BUT I could be wrong on that and if I am then the shorters pinch becomes a vise grip and they will lose a ton on that short position). It appears that it will slowly inch up until the AGM.
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