There is no doubt in my mind that TRF is ready to kick on big time. I estimate a couple of weeks away going by the price action.
It has had a few 1 mill plus volume days recently including today. This volume may not have sent the price skyrocketing today, however there was some strong buying with 50 and 100k bids all very willing to buy up the strong flow of sells.
Once again the sellers are making 50% on the placement and the buyers are those that did not get the chance to buy the 15c placement.
Yet they are happy to buy even at a 50% premium. They must have a lot of faith in the company, just like me.
IFE is slowly edging up and this maybe the real mover of TRF.
TRF Price at posting:
20.3¢ Sentiment: LT Buy Disclosure: Held
