$TPAC We had quite the drop today. I did not expect us to dip so low. My opinion was that we would see low .003's, maybe high .002's. To see low .002's was a bit of a shock, but with manipulators working the market, shock was the intended goal.
Seeing as the way the stock traded today, I would not be surprised to see one more big shake tomorrow. We still have some bashers that are active on the other board, so work may not be done just yet.
We had approx 100M in buy volume today. Despite the price correcting rather significantly, you can bet many of those shares are now in stronger hands. This would be a great time for the company to continue the retirement of outstanding shares. The dynamic of longs buying/adding the bottom and the company retiring shares will lock the float more and more each time we go into a corrective phase. With sustained interest here, this will likely result in stronger bounces upward each time bottom is in and reversal is confirmed. It's basic supply and demand. As supply is retired/purchased and interest remains, demand is then greater for a smaller number of available units.
Bill made a very good point in one of his Tweets today, one that was also passed my way via private message on the other board, as a friend of mine had exchanged text communication with him earlier in the day. The basic question: "What has changed here?" is the big issue. Upon attempting to understand changes here from a fundamental perspective, there is nothing of significance that has caused for this to be a sell-off based on fundamentals. The charts was clearly overbought and in need of correction. The only four bits of news that would have assisted us in our recent continuation that was defying indicators would have been the following: Boeing secured, acquisitions finalized, joint venture, purchase order(s). Given that none of these were timed, or better yet released, as the chart topped out, it inevitably corrected. This may serve to work in our favor for the next leg. If we can be back to .005+ and then Bill drops big news, this thing is gone and will run for a little while. This, in contrast, is better than having had one last quick pop at the top of the chart in which many may have chosen not to opt in due to the risk of buying in on overheated indicators.
All in all, I am still expecting a strong reversal. Tomorrow is one of those questionable days. As I mentioned before, we could see another big dip to shake out any remaining shares for further manipulation. Remember one thing about greed: Greed is never satisfied. The only antithesis is the removal of opportunity by which it seeks to feed. Given that 100M shares were on the buy side alone today, with total average volume(buying and selling) being 69,801,727, I'd say there are willing buyers. I would think there are at least a few shorts in need of cover as well. We'll know as the bashers disappear and the trade log ratio shifts in favor of buy volume. My guess is that we see our reversal begin by week's end.
Anyway. Congrats to all that acquired new shares during this correction, and special hats off to those that snagged shares at the bottom. This is going to be a very good year here. I'm looking forward to celebrating the victories with everyone here as we move this up. Thank you to everyone who has come over here and made such positive contributions to the board. It is a pleasure and an honor to have you here.
Seeing as the way the stock traded today, I would not be surprised to see one more big shake tomorrow. We still have some bashers that are active on the other board, so work may not be done just yet.
We had approx 100M in buy volume today. Despite the price correcting rather significantly, you can bet many of those shares are now in stronger hands. This would be a great time for the company to continue the retirement of outstanding shares. The dynamic of longs buying/adding the bottom and the company retiring shares will lock the float more and more each time we go into a corrective phase. With sustained interest here, this will likely result in stronger bounces upward each time bottom is in and reversal is confirmed. It's basic supply and demand. As supply is retired/purchased and interest remains, demand is then greater for a smaller number of available units.
Bill made a very good point in one of his Tweets today, one that was also passed my way via private message on the other board, as a friend of mine had exchanged text communication with him earlier in the day. The basic question: "What has changed here?" is the big issue. Upon attempting to understand changes here from a fundamental perspective, there is nothing of significance that has caused for this to be a sell-off based on fundamentals. The charts was clearly overbought and in need of correction. The only four bits of news that would have assisted us in our recent continuation that was defying indicators would have been the following: Boeing secured, acquisitions finalized, joint venture, purchase order(s). Given that none of these were timed, or better yet released, as the chart topped out, it inevitably corrected. This may serve to work in our favor for the next leg. If we can be back to .005+ and then Bill drops big news, this thing is gone and will run for a little while. This, in contrast, is better than having had one last quick pop at the top of the chart in which many may have chosen not to opt in due to the risk of buying in on overheated indicators.
All in all, I am still expecting a strong reversal. Tomorrow is one of those questionable days. As I mentioned before, we could see another big dip to shake out any remaining shares for further manipulation. Remember one thing about greed: Greed is never satisfied. The only antithesis is the removal of opportunity by which it seeks to feed. Given that 100M shares were on the buy side alone today, with total average volume(buying and selling) being 69,801,727, I'd say there are willing buyers. I would think there are at least a few shorts in need of cover as well. We'll know as the bashers disappear and the trade log ratio shifts in favor of buy volume. My guess is that we see our reversal begin by week's end.
Anyway. Congrats to all that acquired new shares during this correction, and special hats off to those that snagged shares at the bottom. This is going to be a very good year here. I'm looking forward to celebrating the victories with everyone here as we move this up. Thank you to everyone who has come over here and made such positive contributions to the board. It is a pleasure and an honor to have you here.
Trans-Pacific Aerospace (TPAC) Stock Research Links
Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
