Posted On: 06/22/2016 12:42:21 PM
Post# of 22940
Re: CountryMac #9563
In spite of the business plan that is being followed which will eventually bring in more revenue than expenses, I've seen this happen with a lot of other penny's where no RS is stated but an unrealistic goal is put forth of anywhere from a penny to .05 "by the end of year." When the pps sinks into the trip level because the revenue is just not there, oftentimes the CEO feels he's cornered and has no other option but to RS. An RS on a declining stock is the death knell. I hope Bill doesn't look at this type of short term solution for TPAC. That $109,000 revenue off last quarters' order is a nice chunk of change but stocks rise on speculation. We were all speculating that we'd see "millions" in revenue over the short term and it now turns out that is for the long term. With a penny stock, especially one that has been sliding like TPAC which has lost 70% in less than two months, the penny traders are gone. Yeah, there are longs, but they can't buy enough shares to bring this up because their money is already invested and it's hard to put more money into something that is acting like it's circling the drain.
I've always been positive about TPAC as a company with product that has a market to sell into. You know what's hard to take? Seeing the 7 figure numbers on the balance sheet in the wrong column. They are where the six figure numbers are supposed to be and vice versa. And it's been like this for a long time with the exception of finally seeing some revenue. It's just not enough and the short term traders, who are the majority and who are the lifeblood of the penny stocks, have been scared away.
It's all about timing. And TPAC 's time schedule is too protracted for the penny stock world. They're acting like a NASDAQ or NYSE stock that rumbles along with a long range plan. But penny traders want a quick profit and that won't happen until TPAC starts putting seven digit figures in the revenue column. And that won't appear in print for another 3 months. 3 months is too long for the short term penny traders. They won't return until it hits .0006 or less. It's unfortunate, but it's the penny stock world.
The only thing that's going to change this downward momentum is some sort of substantial, verifiable news that everyone has been waiting for, but considered a long way off. TPAC has to change it's timing.
I've always been positive about TPAC as a company with product that has a market to sell into. You know what's hard to take? Seeing the 7 figure numbers on the balance sheet in the wrong column. They are where the six figure numbers are supposed to be and vice versa. And it's been like this for a long time with the exception of finally seeing some revenue. It's just not enough and the short term traders, who are the majority and who are the lifeblood of the penny stocks, have been scared away.
It's all about timing. And TPAC 's time schedule is too protracted for the penny stock world. They're acting like a NASDAQ or NYSE stock that rumbles along with a long range plan. But penny traders want a quick profit and that won't happen until TPAC starts putting seven digit figures in the revenue column. And that won't appear in print for another 3 months. 3 months is too long for the short term penny traders. They won't return until it hits .0006 or less. It's unfortunate, but it's the penny stock world.
The only thing that's going to change this downward momentum is some sort of substantial, verifiable news that everyone has been waiting for, but considered a long way off. TPAC has to change it's timing.
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JonnyBGood
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