Will News Do Anything?
posted on
Feb 24, 2008 02:05PM
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Hi All,
Don't get me wrong; I am hoping for some great news soon like everyone else!
However, I do find myself asking "Is it really news that will move this stock right now?"
Many, including JP, have said recent results have been spectacular, many recognize that Tyhee is undervalued vis-a-vis peers, many feel Tyhee has great potential, BUT, none of this has moved the share price. In fact, when TDC went up to near .80 in the fall, I was feeling like it was being more fairly valued, but then, down it came...
My feeling is that the share price is where it is for reasons other than fundamentals; perhaps, warrants, manipulation, etc. are behind the share price. If this is indeed the case, then these same factors must change before the share price will go up, regardless of great news, interviews, etc. In fact, if these factors were to change, I feel that share price would go back up over .60 WITHOUT news. Some days I simply feel like someone is trying to wear us out.
I am interested in hearing what others feel about this; TDC does not seem to be free to run right now due to factors I cannot see clearly, and I am thus not getting my hopes up about a big bounce due to news. Of course, in this case, I would love to be proven WRONG.
This being said, I believe that sooner or later the market will wake up, the negative factors will go away, and TDC will be valued more fairly, based on fundamentals.
GLTA
Stone