Post by
trader2day on Feb 06, 2014 6:45pm
TNG Bulls win day
Volume above average 1,752,500 and 142 trades which 75.2% were BUYS and 24.8% were SELL
More accumulation seems to be the order of the last few days at these price levels.
i like to look back at the 5 year chart in 2009 looks very similar what happened with chart spiking over a 3 month period.
If we TNG is duplicating that 2009 3 month chart run up then this is the 2nd month of the run just begining. The run will begin soon and keep running for several weeks i would estimate about the next 6 weeks this run will take place.
This time compared to the 2009 chart the traded volume so far is at record levels which far exceeds the 2009 volume levels.
Patience with your investment in TNG will pay off over the next 6 weeks IMO as i am comparing it to the same patterns that happened in 2009 and it seems to be doing the very same movements so hold on to your shares because the incredible ride up will begin when we least expect it to happen.
Lots of news to come from the company and you can be assured they are working hard to find more deals with other large companies in licence agreements.
Swiftshader is the apple of the companies eye some other large company could very well gobble up TNG for a very nice price is what every small venture company aspires to having happen to them. Will this happen in the short or long term? is the wild card for the company and shareholders.
The company financials have now sprung to life in positive revs and growth for the next quarter should also happen and expectations by the street to be a much larger profit as higher revenues kick in. Growth chart projections look great and positive cash flows along with new revenues coming down the pipe from signed contracts with major manufacturing companies for Game Tree TV
Share price now seems to be stable at a resistance level with volume rising.
Could be the last chance to get in on these lower prices for those who wish to accumulate more as it heads back up to record highs i would predict well over the dollar mark on normal business news revenues and the price would spike to unknown levels it has not ever seen with an offer of a friendly buy out of the company pending shareholder approval when it comes to that pinacle point in time and it most likely will be take over.
Next up on the agenda the road map looks very good as the company expands it's business plan into different departments and it could amalgamate 2 of the groups into 1 and create even more savings in spending and R&D and general over head costs of day to day operations.
I for one look forward with great anticipation what next this company will tell shareholders in the next Quarter.
We watch, we wait, and we win
Comment by
domdesm on Feb 06, 2014 10:06pm
This post has been removed in accordance with Community Policy
Comment by
skyhawk1 on Feb 07, 2014 3:08pm
trader2day, thanks for your stats, breakdowns, etc. Very insightful & informative POSTS. I can clearly see that you are a genuine "SUPER LONG" with this exciting play, like myself. WELL DONE!!..Here's an fresh orange juice "toast" to ya & cheers to the very exciting TNG times ahead!! Patience - Sunny side up!!