Looks like CTW is going to the INT school of stock Looks like CTW is going to the INT school of stock pumping. I remember last year people were promoting (using a nice term here) INT's Orstbo news on multiple message boards. It was this one, among others:
https://www.pointofreturn.ca/site/?cat=6
I ignored them at first when INT was doubling in price to the low 20's thinking it was a pump and dump but then panicked and bought some in the 40's. For several weeks I was starting to worry about the trade then within a few days I managed to sell at an average of around $1.50 on the way to INT's financing over a buck.
Same thing happened with EKG. I saw this one on multiple message boards:
https://tsxnews.blogspot.ca/2012/01/fda-approves-first-ever-over-counter.html
This time I bought it in the teens and it also tripled. Then they financed shortly after that. Following these pump efforts resulted in my two best trades in the last 2 years.
What are the common points for all these stocks? They all had a new exciting product out ready for production or development and needed financing to do so. CTW isn't a pump and dump, it's a pump and finance just like those other two in my opinion. I am convinced these efforts being made here with the blog and the Hunter Hall video is a prelude to some kind of news when the maximum amount of attention is on the stock. Last year they financed at 40 cents, I would take a guess they want it at the same level sometime over the summer or fall. Is the news going to be announced at the Q1 conference call? The AGM in June? I don't know, but I'm willing to take a gamble at these low prices.
They said companies need a 6 month window or so before making their decision to get a larger order. Five companies already have the Vindicators installed from last year meaning the 6 month period is here for them. A large order, a hundred units or more, will require a large financing. I would think at that point in time they would use debt financing since the timing of the cash flows will be defined but an equity financing at favorable prices to today's price after the price spike from large sales order news can't be ruled out.