Post by
TheLandedEagles on Feb 28, 2024 10:30am
MAX...20 cents High lately-Was opportunity to Get OUT!!!
Hope all that wanted out...got out and sold, in last several days. This was a DEAD cat bounce as seen many times before in a over-sold position of massive selling and drop in share price. Market Makers, for TCF provided the liquility and opportunity for any shareholder for wanted to exit and Im sure many did and rightfully so. As for the warrants (TCF.WT) hope anyone holding these currently that you realize your in dangerous position as these warrants are NOT wise to hold. The conversion price is way out of the money at $2.50/share and soon these will be illiquid and have NO bidders, and holders are stuck with them until the END!!..Anyone holding these, only way to exit is with a MARKET SELL ORDER, especially holders having more than 25K-250K. These may be sold quickly with these block sells and Market Maker hopefully providing the other side of the trade. NO NEWS forecoming any time soon, in my opinion These are normal market activities and only will result in lower daily volumes and further price declines. This is Just My Opinion and feel for anyone still holding these TCF shares...Time will only tell, RIGHT. Good Luck to these shareholders....This has bee a complete fiasco brought on by the CEO and its management with false hopes and misleading information and their massive INSIDER SELLING with that SHARE CONSOLIDATION. CEO for the last 2 years was pumping this Gas Block as being SELF-FUNDED and required no further financing. Still then they did 2 new separate dilutive financing and now it appears they are in desparate need for another FINANCING....For new investors, Do your own wise DD and review all previous news releases and be well informed...JMHO