For every seller there is a buyer, and I'm seeing tremendous consolidation in this $0.22 - $0.25 range. All the short term profit takers sitting on a 200% gain are leaving, and those buying will be holding TNT until at least $0.30 and beyond.
Based on the company's clearly articulated revenue target of $100M revenue by the end of 2020 this stock is incredibly undervalued, so all these shares swapping to stronger hands is providing a very solid foundation for the next leg up. Also, the company is expected to announce several acquisitions which should be short term SP catalysts, so buying here is an easy decision for me... which is what I have done this morning, I've added a ton more.
I can't wait to see where this company sits in 2 years time, it's going to be well north of it's current MC. The market eventually rewards patience, especially when holding a great company like TNT.
TNT Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
