RE:RE:RE:predictionsI think you are spot on. The halt was a joke and no new information was conveyed in the "correction". But at the same time some dip chit named
wallpaper2 immediately put up a post saying "Forensic audit coming? Legit?" [look a few pages back]. It was not a coincidence and clearly a few naive investors sold out of fear. That was not the first attempt to shake out weak hands and it won't be the last. The more progress we see from TTD, the more shady characters it will attract on bullboards and on social media. Be smart!
InvestorGadgets wrote: Interesting theory. If IIROC halted every stock that ran up in a hot sector, I'd be more inclined to believe that. There are thousands of stocks trading at 100m + market cap, with no revenue and no plans to generate revenue in the near future.
Curious as to who you mean by "Them"... The way this company operates, I have a hard time believing the company itself is trying to artifically run up its own stock. That's a serious accuation to make. IIROC has let a lot of illegal activity slide in the past but they want to play hero now? targetting a company trying to save lives...ok. Albeit, TTD was one of the most popular stocks on the venture this week, so it may have come under some scrutiny. Regardless, that was a B.S. move by IIROC on Thursday
There's also the theory that shorts got caught playing with fire and got a handout. Retail gets taken advantage all of the time by the pros. I won't push the theory more because that's also a serious accusation to make but I also won't ignore the possibility.
IMO, TTD has presented clear enough facts in their NRs to justify the increase in SP. It's up to investors alike to do their own DD and buy accordingly, hence why the market is "forward looking" The only place TTD is required to report exact revenues and profit margins is on their financials. & by the time that information comes out, the stock is usually trading at fair value or higher, and the money has already been made. That's the nature of the stock market.
Just my two cents. GLTA