It is just an observation. I am not saying that this is the reason for the falloff in PPS although it could have something to do with it. Stocks do seem to run in trends. Up for a while, down for a while but it has been a while since I have seen an 11 day consistent trend whether up or down. TFCY may have had consistent down trends like the one we are experiencing now (I would have to look to verify). People just seem to be getting bored with the stock. I believe that we are on the verge of some good stuff to come so it surprises me that people would sell now. We can expect at least three things to come somewhat soon:
1) Closing of the deal with the new auto dealer purchase and the name of the auto dealership that was purchased
2) More definitive timing on the first filing as it is supposed to follow soon after the closing of the auto dealership. Perhaps even the filing itself.
3) Perhaps a prerelease of this quarters numbers which end on 3/31 and affirmation of guidance for this years numbers.
All this potentially good stuff should happen over the course of the next couple weeks.
we were at 40 cents a share, today we are at $1.20. That is a 200% return in one quarter which translates to 800% in a year??? Not to mention that we have a couple of huge events right around the corner!
Yeah I guess its time to sell this dog and move on :)
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