TAAT Global Alternatives Inc C.TAAT

Alternate Symbol(s): TOBAF

Healthcare Household & Personal Products

TAAT Global Alternatives Inc. is a vertically integrated consumer product and distribution company. The Company develops, manufactures, and distributes alternative product categories, such as tobacco and reduced-risk alternatives, hemp, kratom, and other emerging consumer packaged goods (CPG) segments. The Company operates through two segments: the sale of non-tobacco and tobacco products. The Company is developing nicotine-free and tobacco-free alternatives to traditional cigarettes. The Company utilizes a proprietary, patent-pending process (including a patent-pending refinement technique) with a blend of all-natural ingredients to provide smokers aged above 21 with an alternative to traditional cigarettes that do not contain nicotine or tobacco. The Company has facilities to include a processing plant in Nevada as well as a distribution center in Canton, Ohio, leveraging existing retail shelf space and pipelines into national wholesale channels.

CSE:TAAT - Post by User

TAAT Global Alternatives Inc > It looks like the TAAT pullback is going to continue

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Comment by abecedarianson Mar 16, 2021 6:43pm

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Post# 32813278

RE:RE:It looks like the TAAT pullback is going to continue

TheGrimReeper wrote:

TheGrimReeper wrote: IMO TAAT is still overpriced and the Year End financials didn't do anything to warrant a SP rally so we didn't get one. The statements were pretty disappointing as I suspected they would be because they are a "pre-launch" picture so no big deal there. The 1st Qtr ending January 31 financials will give us a better sense of how the company is doing "post launch".

The chart still points to more near term downside so don't panic if this pullback continues for a while.

TAAT closed at $5.15 when I made that call for more downside and the SP has fallen 20% since then. The negative trading sentiment is still hanging over TAAT and Management is silent about what is happening with the launch rollout.

Investors usually intrepret a no news period as negative and that causes the SP drift sideways or down. I only own 50,000 shares after I unloaded the truck around $5.40 when the chart made it obvious a pullback had started. I admit I didn't expect the SP to fall so much and now it looks like it might drop more. I've lost patience. I'm selling. I'll buy back in when the SP collapse runs it's course.

I also took my losses. Tomorrow is going to be a blood bath for most sectors.

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