TCM rally - right on target...tell u y........the following is my analysis and interpretation of events, so, do you own DD with your $$$.
1. In Nov and Dec, TCM was trading just over $3 andd TD came out with a detail report justifying a target of $0.50. Canaccord was twice as generous w a target of $1.00. After some tech analysis, I was considering going long, yes that's right long (not short) on TCM. Reason being, stock trading within a range band and season fluctuations. My analysis show that TCM will peak between mid-Jan and early Feb. See link below:
https://web.tmxmoney.com/charting.php?qm_page=84838&qm_symbol=TCM
2. I did not go long. Recently, there has been some TCM news, or what I call fluff. That is news with no substantation. No numbers, no margin, no gross sales, no profit. IMHO, while this drives up the stock, and helps family/friends, it causes the shorts to cover and daily volumes are not sustainable.
3. My approach is let it rise, then SHORT it. Numbers speak for themselves, so, let's see the numbers.
4. If you have time read "Reminisciences of a Stock Operator". You will see the similarites.
Good luck and do your own DD as these are simply my views.