Posted On: 01/08/2016 11:20:28 AM
Post# of 22940
$TPAC I see a lot of people losing it on the other board today. I'm cool as a cucumber here. We've needed a few good red days to cool the RSI. I'm guessing that this will sink no lower than the .0035 area(with a touch of manipulation below to trigger stop losses) where it forms a triple bottom on the daily chart. That should provide for an RSI around 50, a place from which we see our better bounces.
Also, this could very well be nothing but manipulation. Given the impatient and fearful nature of people when it comes to money, there is money up for grabs if there is fear available. People want news every second of every day or they freak. It just doesn't happen that way. The Boeing contract will eventually be secured. It may take time for terms to be agreed upon. We also have a JV with AVIC Harbin to look forward to as well as two to three acquisitions. The company is buying back shares, and the cheaper the share price, the easier it is for them to retire more shares at a lesser price, thus giving us as shareholders an even greater possibility for continued and sustained reduction of the float. I still stand by the strong and unwavering opinion that this is going to be a monster year for the company and for longs. Having said that, congrats to any and all that have found a way to secure shares on the dip/correction taking place without bashing or creating additional anxiety in beginners or those with emotional volatility. Looking forward to seeing our first .007's over the next several days to weeks. And should this be an extreme case of manipulation because people are expecting Boeing news and just wanted to shake to accumulate for themselves, that could be as soon as today.
Also, this could very well be nothing but manipulation. Given the impatient and fearful nature of people when it comes to money, there is money up for grabs if there is fear available. People want news every second of every day or they freak. It just doesn't happen that way. The Boeing contract will eventually be secured. It may take time for terms to be agreed upon. We also have a JV with AVIC Harbin to look forward to as well as two to three acquisitions. The company is buying back shares, and the cheaper the share price, the easier it is for them to retire more shares at a lesser price, thus giving us as shareholders an even greater possibility for continued and sustained reduction of the float. I still stand by the strong and unwavering opinion that this is going to be a monster year for the company and for longs. Having said that, congrats to any and all that have found a way to secure shares on the dip/correction taking place without bashing or creating additional anxiety in beginners or those with emotional volatility. Looking forward to seeing our first .007's over the next several days to weeks. And should this be an extreme case of manipulation because people are expecting Boeing news and just wanted to shake to accumulate for themselves, that could be as soon as today.
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