Trading Summary - December 26. Significant upwa
Post# of 2306
Significant upward progress today on what was probably the last day that impatient traders could sell for a tax loss and have the trades clear to count (3 business days).
As a result, we saw buys on the ask at higher levels again rather than trying for bid fills at unrealistic low levels.
The highest visible bid was raised to .1400.
Overall, 10,339 shares were bought today - at prices as follows:
.1700: 2,000 [next ask started]
.1600: 2,339 [first ask bought out]
.1550: 5,000 [paint down intercepted by hidden bid]
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).
Companies interested in being considered for inclusion in the 2020 MAC are required to provide inputs to the USN by January 8, 2020.
Progress of the 2020 MAC staffing that is releasable to the public can be viewed here:
https://beta.sam.gov/opp/db6fb963242c46a4b242...amp;page=1
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.