RE:RE:Amxjevelin TTXThanks for your input Socky...... To many shares outstanding, sure its more then Spmt or Cruz but if you look at the chart and the trading volume/indicators
TTX is trading up beautifully and there hasnt been any crazy volume yet for such a high share count as you say imo. If this was trying to be moved for a big enitiy to dump TTX would have to create much more hype and more pump into the mix. Crawling the share price up on little volume compared to share count = steady gains.
4th straight day since breaking the 12 cent resistence level closing above the previous days close = uptrend
Spmt and Cruz are the PROMO kings, and pump their news out in an excessive manner and retransmitt NRs countless times over weeks since original release.
And theyve done it more then a few times over this year lol
If Spmt or cruz dont hit its back down to 5 cents overnight. imo
GB
AhSocks77 wrote: Sorry "godboy " but too many shares outstanding which equates to not only too many "sellers" jumping aboard the train when they try to "push" her .... but also it is very hard for diluted shared companies like that to obtain future financings down the road which all these companies starting out need in order to keep growing , drilling , and expanding their resorces over the years until they have "proved enough resource " at a high enough grade to warrant building a mine .
TTX ... 363,913 million shares outstanding not good . Way too diluted already
SPMT ... 249,549 million shares outstanding. Not good . Too diluted already .
CRUZ ... 106.642 million shares outstanding . Not bad . It doesn't mean that they cannot give them a " push " up higher .... it just means that after the "push " and the buyers start disappearing then the "sellers start jumping aboard the train .... so you had better be quick on the trigger finger or you will be tha "last bagholder standing" ... LOL !!!
And as far as future financings down the road go .... even more dilution at the low prices ... if anyone will even finance them of course .
CRUZ 's share structure is not too bad yet and still has room for quite a few financings before she ever becomes as "diluted " as SPMT or TTX.
Good Luck . goldboyz2 - (11/25/2021 3:12:00 PM) Amxjevelin TTX Are you going to finally admit TTX is rollin >?! About to pass spmt Sp and next heading up towards Cruz !!!
GLTA