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02/09/16
11:08
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Originally posted by Lies&damnlies
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Way to go TFC management.
As per several of my previous post the shorter's in the market prevent the stock finding it real trading price potential. Its easy to see from anyone looking at the historical chart that there are almost regular 5-7 month swings volatile swings around the 100EMA which has essentially been flat for over 2 years and yet the companies outlook has improved dramatically over that time.
The dissuade the shorter's from playing with TFC and to go look for another cash cow they need to be kicked in the groin a number of times.
Obviously the best way to do this is to retain a number of good announcements (up the sleeve) and release one every time a shorter play develops to a middle phase.
Over the last 5 days the volume of shares traded were 9.8 million(equal to about the volumes traded in the previous month or so).
Today's announcement was a very well timed and strategically directed kick. Someone is buckled over in pain and running for cover.
Luv it
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Nice deal.
Seems someone with short pos trying to hold back a potential flood of buyers atm..
Interesting how it develops over the afternoon as the news spreads.
Raving