> 06/93 broke below $2 rose above $5 in 03/95 (21 months duration) > 06/98 broke below $2 rose above $5 in 02/00 (20 months duration) > 11/00 broke below $2 rose above $5 in 10/03 (35 months duration) > 10/08 broke below $2 rose above $5 in ????? (30 months duration thus far)
I would note that the longer base from 2000 - 2003 allowed for the highest rise in PPS to over $30 in 3/06.
How much longer before we push higher and how much higher?? Not much longer in my opinion. Time is on the longs side now. Just think about that return to above $5 - thats worth waiting on even if it takes another year - which it shouldn't.
I, too, have noticed the large and repeated fluctuations in Trident's historical share price. These price swings have been based on news but may have been amplified in some cases by greed or fear in the market. Trident has reinvented itself as a company two or three times in the past, which has led to large price rises. Whether it can reinvent itself again remains to be seen.
I think the two takeaways here are:
1 - Nobody knows whether the company will successfully turn itself around this time.
2 - If the company does successfully turn itself around, the rise in share price could be dramatic.
Next financial report which is next month, we will see changes in OPX and directions accompanied by good plan for cost cuts. These changes with the new market opportunities in China per previous hints, we will see a dramatic price upward movement in short time.
This is my prediction. Think about it. (of course there are risks in the market) I am new with TRID and I just started purchasing.