Purely chart idea (Long) for $TCCO. This is a tiny float, former runner that is building higher bases on the daily. Backtesting shows, once this breaks out of the current consolidation zone, this could go on to explode 300% over the next 30-60 days. Co has very strong balance sheet most recent 10Q linked and C E O made some very bullish comments in the most recent ER.
Quote:
Commenting on corporate performance, Carl H. Guild, Jr., President and Chief Executive Officer of TCC, said, “During the Company’s second quarter ended March 31, 2018, we did not achieve our desired financial performance for fiscal 2018. Several international opportunities have made significant progress but have not yet closed due to delays in the evaluation and procurement process. TCC’s products go through rigorous field and laboratory testing, which ensures that all customer requirements are met prior to procurement. We expect that some customer evaluations will be completed during the next quarter, thereby allowing associated procurements to proceed.”
“TCC is committed to returning to profitability over the remainder of fiscal 2018. We continue to closely monitor and reduce operating expenses as appropriate, while strategically investing in business development efforts, developing productive relationships and expanding our sales channel network.”
Great r/r for me from current $4.50 levels.
Quote:
Commenting on corporate performance, Carl H. Guild, Jr., President and Chief Executive Officer of TCC, said, “During the Company’s second quarter ended March 31, 2018, we did not achieve our desired financial performance for fiscal 2018. Several international opportunities have made significant progress but have not yet closed due to delays in the evaluation and procurement process. TCC’s products go through rigorous field and laboratory testing, which ensures that all customer requirements are met prior to procurement. We expect that some customer evaluations will be completed during the next quarter, thereby allowing associated procurements to proceed.”
“TCC is committed to returning to profitability over the remainder of fiscal 2018. We continue to closely monitor and reduce operating expenses as appropriate, while strategically investing in business development efforts, developing productive relationships and expanding our sales channel network.”
Great r/r for me from current $4.50 levels.