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Talon International, Inc. Message Board

  • peter_norths_proctologist peter_norths_proctologist Dec 21, 2013 7:48 AM Flag

    Not one single up-tick in December

    Look at the historical closing prices this month so far. The stock began December at $.40 and went down to closing price of $.29 this past Friday, without one day of relief. And the ask is still creeping lower. I don't see any bottom until we get some up-ticks. It's hard to tell at what price the sellers will stop depressing the stock. Of course the natural bottom would be $.09, which is the floor that the insiders put undermeath the stock when they bought out CVC. So we know the insiders see value at $.09, but how about at $.29? Who knows? I don't see any insiders buying at this level. All we know is that $.09 is still a long way from $.29.

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    • peter_norths_proctologist peter_norths_proctologist Dec 27, 2013 9:21 AM Flag

      Congratulations to investors, you finally got the first up-day in December (12/26/13). The stock closed up, a whole whopping penny! But it was a short-lived victory, as another seller slapped over 20k shares on the ask at $0.25 in the afternoon, and thus threatening to close the stock red. But luckily, no one was buying at the ask, and so investors were able to squeek out a positive close on the day. It's pretty sad when even the one and only up-day in a month is not fully justified. Good grief. No end in sight.

 
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