TTT chart thread, page-485

Its down 10% in a day, Its not on any kind of support level right now.

If it closes at 2.20 or so, It could drop another 10% tomorrow and test $2 flat and see if it holds at $2.

My opinion is that without news, the current bearish bias will continue and fall a bit more.

The future looks great for Titomic, but there is no real revenue announced, only 30 grand or so.

AT 350m Market cap, we would need 7 Million of announced revenue NET earnings after costs, Just to support this at a PE of 50.

Banks etc like BOQ were on PE of 10 or so last week, with comments the revenue was supported, so it bounced.

Plenty of stocks that are cash cows with revenue coming out of their ears, but still there is a time to buy and a time to sell, and some waiting for ducks to line up in between.

Your money your decisions OK.

With my money I make the decisions, And I blame noone If Im wrong.