Trading Summary - December 5. Yet more progress
Post# of 2306
Yet more progress and upwards movement today for $TMPS.
Whilst many top traders were maxed out elsewhere on multiple movers from my Watch List today, savvy traders were again positioning themselves for an anticipated significant move up in 2020 (or earlier) by adding additional $TMPS shares to their inventory.
Multiple people were outbidding each other all the way up to .1749 - in depth from .1500 - and there were multiple buys on the ask at higher levels up to .1900.
Overall, 30,404 shares were bought today - similar to the 35,004 shares that were bought yesterday - at higher prices - as follows:
.1900: 2,000
.1749: 13,008
.1700: 10,396
.1651: 5,000 [none after paint down attempt just after open at 09:37:01]
Compared to yesterday (Dec 4):
.1700: 40
.16975: 164
.1670: 5,000
.1651: 12,000
.1645 / .1650: 1,300
.1600: 6,500 [none after 14:03:30]
.1550: 10,000 [none after 10:10:38]
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.
The new (from Nov 2019) Government website beta.SAM.gov shows that it is still the USN's intent to award a Multi (company) Award Contract (presumed to be $TMPS + Omega as the only companies in the field available in the timescale) for AAR in DoD 2020 Q2 (which starts Jan 1, 2020).
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.