First Tidal Acquisition Corp T.AAA

Okay gaggs.....

[ledrog]

Both KRN and AAA are strictly speculative plays, their share values and charts are a reflection of investors beliefs as to their ability to return future value.

So what are their stories, what are investors being told?

KRN is telling investors they want to develop a mine in Saskatchewan.....and the market rewarded them with a signifcantly higher valuation compared to Allana.  Then the potash world changed and with potash projected at $300 p/tonee investors said no way and the stock tanked and never recovered.

Now KRN is telling investors not to worry, $300 won't happen.....maybe it will, maybe it wo'n't....but the chart imo looks ugly, 200/50/40 DMAs all pointing south.  Sure they have less shares and they have more cash, but you don't invest in a company based on where they are now, but rather on where you think they are going.

Besides, with all that cash what motivation is there to engage in efforts to support and build on the share price.

Contrast that with Allana....$400 p/tonne, cool, $300?  Hey, that's fine too,  Obviously a much better chart, and a proven ability to attract investment.  

Place your bets if you want to play....I have.