Bid / ask spread closed right up on Friday May 25.
Post# of 2306
Almost impossible to get in on the bid due to MM algorithm which consistently outbids retail - may be trying to get shares in the price band .1401 > .1800 for institutional investors.
Longs might want to consider scaling in on the ask whilst it is still below .25.
Those who follow my successful strategy for multiple $6-figure gains annually know that I scale in at any price I like - doesn't have to be the cheapest - and add pyramid fashion - thin at the top price - very thick at the bottom. On runs on stocks I'm long in, I sell the more expensive ones first for an acceptable profit - 25%>100% - and keep the cheapest cost basis ones for the long term (converted to free by profits from the others).
Keep in mind the ex-RAF Tristar shares (both for aircraft purchase and storage).
Per the March 12, 2018 PR, the aircraft were acquired for 6.730769M common shares (ie tradable immediately with no time embargo) at a value of $0.52 per share [so for a notional $3.5M]. The seller only gets $3.5M if they wait for the share price to get to $0.52 [or much more if they wait for it to go much higher - which is likely].
Also, per the same PR, storage costs between the start of negotiations and completion of the purchase after inspections etc were paid for with 833K shares at a share value $0.18 [$150K].
On the day of the PR, the share price had already been "moved" to $0.1820 and traded 903,379 shares [300 x the previous day's volume] in the range $0.1820 > $0.3799.
On the next day, a further 407,185 shares were traded in the range $0.3499 > $0.177 - so more than enough volume for the seller to offload all 833K shares for considerably more than $0.18 and for penny stock traders to get in on the action as well for up to a 110% profit in minutes / hours.
At some point, we can expect to see the price moved to the $0.52 to $1.00+ range by buying on what will be an ask that is extremely thin to the upside. It may of course be that those who have been loading by stealth in the $0.14 > $0.20 range realize that the move to $0.52+ > $1.00+ range has to happen at some point and are setting themselves up for a 200% > 500% profit
There are of course in addition many other existing profitable DoD contracts earning revenue already.
I only discovered $TMPS from spotting the action on my scanner on March 12, 2018. Normally I only specialize in stocks .0001 > .0010 for entry. However, as a full-career military aviation professional, I can appreciate the obvious potential here both with the $TMPS's growing existing portfolio of DoD contracts for special missions (C4I comms relay, ISR etc) but also the huge opportunity in contractor provided military air-to-air refueling / transport where a contract for its current size fleet would probably be in the order of $20M > $30M per year [see sticky #104 for the business model proven over 10 years by less-capable competitor Omega].
All the above is just my opinion.
Tempus Applied Solutions Holdings, Inc. (TMPS) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.