An analyst from an investment research publication mentioned TCN as one of his preferred stocks for next year and beyond in an article released yesterday. He had a valid argument in my opinion, i.e. if the urgent sale proceeds you could purchase TCN and obtain Statseeker and ERST for a low multiple (almost free). This research publication has a wide readership.
The reason I am inclined to think the spike is related to this article is due to the price and volume jump just after publishing yesterday and again today. Note this publication has a wide audience so a tiddler like TCN would be susceptible to this type of recommendation induced volatility.
Though I could be wrong........... I am just saying that I won't count my chickens until they are hatched, on this non-binding agreement.
TCN Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held