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TranSwitch Corp. Message Board

  • samiam545 samiam545 Jun 1, 2013 11:48 AM Flag

    is TXCC going to .80 -1.00 soon?

    Looks very bullish!

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    • I doubt it. People quickly forget that they recently did a secondary where people were able to buy in at $.50 and also receive a warrant. Now I don't know the restrictions on selling those but with the dilution that will create an overhang on the stock price for some time unless we get some positive news on the fundamentals. I haven't seen any evidence of that so those that bought in earlier this year and before will have to wait just to get to that break-even range. Those that have bought in earlier than that have quite the journey ahead in the small chance that this company delivers on it's promise.

      I am hoping for a sale of a part or all of the company so I can gtfo.

 
TXCCQ
0.0020.000(0.00%)May 26 9:30 AMEDT