I think the TMT chart speaks for itself. A retrace to 40 - 55 cents was always on the cards. It is just another opportunity for those sitting on the sidelines watching.
I have been burnt before with a run up and holding with a 50 percent retrace. I would rather take the profit and pay the tax and offset the income on other deductions.
Buying and holding is for suckers in such volatile stocks small caps. Holding for what? just to avoid tax.
If you have to pay tax it is a good problem to have : )
Next run will get to a dollar for sure!
40 cents - 50 cents is the buy target DYOR
Good Luck to all : )
TMT Price at posting:
55.5¢ Sentiment: Buy Disclosure: Not Held