PINL:GRPOF - Post by User
Comment by
4evergreenon Nov 30, 2017 5:37pm
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Post# 27067677
RE:To Those Frustrated With the SP..
RE:To Those Frustrated With the SP.. LLskier, you nailed it -- this is my exact feeling. I think someday soon, when the selling pressure is off, we're going to see a nice gain at the start of trading (perhaps it will coincide with a bit of news or perhaps not) and then you'll see a lot of traders piling in like they always do. At that point it just sky rockets. This kind of technical chart will do more for exposure than anything else in terms of reaching a lot of trader/investors even though the fundamentals and everything that Tetra is doing already is amazing. It's just that so many traders are just looking for the technicals and watching for the big gains and aren't even looking at the fundamentals unfortuanately. They'll definitely see some big gains happening here soon and I foresee it taking off like it did last February but to new heights IMO. I think a $2-$3 SP valuation can be reached in a matter of a days once it starts running like that and $2-$3 is not far fetched or a pump by any means -- I see this as fair value for Tetra IMHO. I agree that it draws quite a bit of similarity to Nameste with what is happening with the SP and I can totally see a similar big correction coming soon..
LLskier wrote: I share the sentimen but...look at what happened in Feb when phase 1 trials began. Phase 3 us just around the corner. This combined with the great NR's in the latter half of 2017 piling up with no effect in sp. We all know there is selling pressure and from where. I think people also forget that it is human to chase gains. This selling is only temporary and some will come back. I am encouraged that the sp has held up well. I think the explosion is coming. Someday the sell pressure will be off, we will gain 10 or 15% in the first half hr of trading, many on the sidelines will notice and we will be off to the races. I feel like we have a Namaste type correction in sp. It went from .23 to 1.30 in under a week. Some entities kept that sp down for a year hoping to frustrate investors. I think this is coming here and soon! GLTA and always DYODD