Search This Blog

Tuesday, April 28, 2015

Chart $trxc

(Do some due diligence on the fundies before trading this one)

The stock seems to be on the verge of a break of a multi month consolidation of its secondary offering. 

As it approaches its filing submission, there will be about 180 days of potentially positive speculation. Upon approval, looking for the company to be a $1-2B market cap company. As their manufacturing and marketing develop over the next 5 years, a reasonable estimate (albeit conservative) is for trxc to be a $5-10B company.

Already have a position. Looking for a heavier position near 3.20.

No comments:

Post a Comment