Trading Summary - November 26. A satisfactory s
Post# of 2306
A satisfactory status quo day for $TMPS today - most top traders were again maxed out elsewhere on $SKDI, $DGWR and $OTTV.
After the "one off" suspect 2019 tax loss seller on November 21, several of the longs started outbidding each other on November 22 from .1261 up to a new higher figure of at least .1450 (visible) today.
When a clueless person tried walking the undercut ask down to .1650, he lost 6,325 shares to ask buys.
The remainder of today's buys were from 4 small paint downs at .1400 (before the open) then .1450 from a new bidder.
Overall, 11,699 shares were bought today - all in the relatively tight spread of .1400 to .1650.
Very little is being offered under .3000+ - indeed under .7500.
The Industry Day for a potential 2020 CAS AAR MAC to replace the extant contract awarded to $TMPS (but larger, multi-company and for twice as long) was held on September 12, 2019.
Keep an eye out for developments on the future contract to be awarded on / after January 1, 2020 up to March 31, 2020 (latest).
Also watch for any developments in the UK with wholly owned subsidiary Tristar Air UK Ltd and / or work on the Tristars.
Reminder - Tax Loss Disallowed ! You will incur a "wash sale" and have a tax loss disallowed if you:
- Sell any shares that had a purchase cost basis higher than any shares you have bought in the last 30 days.
or
- Buy shares at any price within 30 days of those that you sold for a tax loss.
Warning ! Anyone who is seen posting nonsense on iHub on any on the thinly traded stocks I'm a shareholder in - especially when small paint downs are also seen along with undercut asks - can expect to have their user ID passed to the SEC which has now started to take action against those using the exact modus operandi I have detected and commented on for the past 2 years:
https://www.sec.gov/news/press-release/2019-216
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.