2020 will be the first year company will become a growth stock
Major analyst have a 1 target on this as unlikely FINRA will allow for another RS so soon.
So they have 1 option get the stock over 1... Remember even company has the option doesn't mean FINRA will approve.
Analyst have also maintained a .75 and 1 target here which is at the very least 3-4 x from current prices.
The last Bio tech i posted on went 10x in a short amount of time and TTNP has tremendous upside going forward as much of bad news is behind them. They laid down the infastructure for growth in 2019 so 2020 should be a growth year.
Sadly, the Opioid crisis isnt going away. TTNP is positioned to help the fight against the epidemic and should also profit with that endeavor.
TTNP has 5-10x + potential chart has lots of gaps up
Do your DD , recent board appointment and all the ground work laid in 2019 for it to become a growth stock in 2020.
My thoughts ..
TTNP is at .20 now
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I been too busy to update Idea but basically quickly went up near 100% so far.
Today's news bodes well for long term growth
Titan Pharmaceuticals Has Been Awarded A Five Year Veterans Affairs Supply Schedule Contract
@InvisbleHand, Hello, Iam new here. I'm trying to understand when is a good time to buy this penny stock. I would like to invest some money in this TTNP, but still not convince due to what I see on the chart. Glad to see your thoughts on this one.
evans0418
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Good stuff btw!!! Thx for your time and perspective!
InvisbleHand
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@evans0418, Thanks I been really busy, but its basically went up 100 % since I mentioned..
Had news today > Titan Pharmaceuticals Has Been Awarded A Five Year Veterans Affairs Supply Schedule Contract
evans0418
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I love the idea of technical analysis on a penny stock, however. I have personally found it a waste of time to tech a chart on a small cap stock as they only move on news catalysts such as favorable FDA nods, Neg nogs, Plus earnings, Neg, earnings. Trends... Holidays... Forex moves in technical s so to speak... Like an ocean tide, sometimes they are up, and sometimes they are down. Like war in two countries, that would be a huge news catalyst, there for that would be a like a hurricane disrupting the tides... We can use our technical s much more to our advantages with the coming trends once you get to know the market. Don't stop what you are doing on my account. If it works for you, do it!