I don't see many waiting to buy this stock at all. Nobody knows where TRTC is going, to claim otherwise is foolish. At the rate they have been losing money, and the competition they face, it is not unlikely that they will have to do another round of death spiral financing.
The company is not close to being profitable, and there are lots of shares for sale due to the financing deal. Now with the price sinking it means even more dilution, as they get more shares when the price drops, which of course they will turn around an sell for a nice profit.
Only 215K shares sold today at an average of .18 per share? That means that a total of $39K was invested in Terra Tech today. Not very inspiring. That would make me sell if I was long, which thank God I am not!!!!
The business idea is nice, BUT look at the competitors. There are hundreds if not thousands of them. Maybe they can carve out a small part of the market, maybe not.
I am waiting until there are positive signs, the lawsuit is wrapped up, and for the selling of the 16+++ million shares is over.
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