Agree with you. TC not going to pop in the next week or two (or even the next month or two).
You should try Forex trading. Lots of volatility in currencies right now.
I saw on TV where you can make a fortune on doing that! It's perfect for impatient traders.
You can get in and out of a position multiple time in a single day!
Lots of exciting charts too!
No need to worry about valuations, research or quarterly production numbers.
I bet a good trader could get rich in no time at all!
This thing could bounce around the bottom for a very long time. Just remember, this is just the equity, not the business as a whole. TC could survive and thrive in the long term, but that doesnt mean that this equty issuance will be along for the ride. Ask someone who held GM stock prior to their reorganization how their position is doing. Its not doing, it was cancelled, and new equity was issued. As that moron Joe Biden likes to say, General Motors is ALIVE.....he fails to mention the rest of the story, but politicians seldom do. Both parties rely on people being complete morons. It has worked well so far, and shows no signs of abating.