pretty good timing, huh pacfan ;)
I know what several of you are going thru, becasue i have gone thru those same times with TADF since 2006. Now, i have made good money several times trading TADF, but it has taken months and years. Its not easy hanging around a falling stock, waiting for it to rebound or just take off. With TADF, at the present time, the slump is due to the fact that we need closure with the merger. And in the absence of any buying or selling pressure, (with the exception of a couple of days in the last month) the MMs are going to take it to the easiest place they can, thats down. MMs make money off the spread, they make the market, in the absence of a market. Which is what we are going thru now, it seems that everyone that is in is loaded up, and very few are letting their shares go. So no volume, mm's need to make a market, so they buy, sell, short, whatever it takes to spark some volume. Now there are two things that will happen. People that are on the fence, will grow impatient and sell, those that have absorbed the countless months of incredible research that this board has provided will hang on and add to their position at these levels. I dont have a magic 8 ball that will tell me howw high the pps will go, or how low it can go, or when the merger will go down. All i know are the facts that have been presented to us. We know that general fogleman will be chairman of the board for the post merger entity. We know TADF is not a scam, becasue someone would have found out by now, especially since this merger has been going on since may 2010. Its just common sense; Thompson and Fogleman have incredible reputations and crediblity. If TADF were a scam, these men, would have cleared their name a long time ago from any association to a penny stock scam. We know that tac-air/tadf are in bed together, and will be sharing profits 50/50 on any deals going forward, this fact alone tells me the merger will be announced sooner rather than later. If tadf were a scam, they certainly fooled cornicopia into being a shareholder and lending them 8million. We have all gone thru the facts countless times. We all know the story, it actually gets better as the days go by. Its pretty obvious that these guys have huge plans; im just gonna sit back and let them do their thing. Those that want to sell will sell, those that want to add will add. I will gladly continue to add, nothing that anyone has presented on this board has made me think about changing my stance on this stock. Now, for those of you who follow RSi readings it is very oversold, especially short term. Since 2006 the 14 period rsi is about as low as it has ever been, and the 2 period rsi, is at the lowest possible reading, i cant go lower, its at ZERO! now, having said that, that does not mean we are at a short term bottom, stocks can go on having oversold or overbought readings for quite a while. It could continue to slide down, or it could see a little reversal and escape this oversold condition.
Anyway, everyone will make their own decisions and do whats best given their current situations; as for me i made up my mind a long time ago; way back in 2006.
GLTA
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