Tocvan Ventures Corp C.TOC

What's going on...?

[lifegoeson]

TOC down another $0.10 today, what happened to al the support. The problem with playing stocks with low share structures. The big question is, what is going on..?  Perhaps selling to exercise warrants, perhaps more results came back and they aren't very good so people close to the play are selling stock, or perhaps just a good old shakeout. Protect profits, reduce risk, but don't get caught without stock if this turns, because when it turns it could be fast. All the people who bought up at higher prices should be averaging down and protecting their positions. Unless the people selling already know what is going on and we are just along for the ride. Whatever the reason, it never feels good when the price is going down. That is why most have already taken the high profits offered over the last week or so. Good Luck. The stock markets can be a very humbling place when one is losing money.

[Beluga2020]

I cashed in profits in the high $1.30s last week, but still have a long core position. There should be support at the $1 range. I plan on buying again if it approaches that level. Maybe tomorrow.

[lifegoeson]

Beluga, no one will ever fault someone for managing profits. We are what I can in the "falling knife" part of the game, one doesn't want to try and catch the falling knife, they wait until it hits the bottom. I suspect here are a lot of people watching TOC that understand what is going on, so until the company plays a few more of their cards, you are right the bottom may not be here