Hello bull gang, this one is a short term and I'd keep my expectation low.
Intro:
TAAT is a hemp cigarettes distributor and on the 26th April, submitted initial application on the NASDAQ which takes max 4 weeks to approve.
I've marked 2 possible dates when NASDAQ application will be approved, one is less than 2 weeks and another one is between 2 and 4 weeks.
The quicker approved, the less possibility to dip and drop of volume. If after 1-2 weeks it's not approved, expect drop in volume, interest and price.
Pros:
-Volume rising, can hold for 1-2 weeks
-Place for growth, can target 5-6$ price in short term.
-Short play, max 4 weeks to approve the application.
-Can quick sell the news to other late buyers.
-Retail it on the NASDAQ or sell the news on the day of approval.
Cons:
-Serious red day will send it to dip and kill the trend.
-Volume may not survive even one week.
-Holding 4 weeks is a risk and you should setup your stop loss trigger in case things turn ugly.
-OTC stock, prone to manipulation.
Small Warning: Do not take this as financial advise, think before you buy something and plan ahead.
Intro:
TAAT is a hemp cigarettes distributor and on the 26th April, submitted initial application on the NASDAQ which takes max 4 weeks to approve.
I've marked 2 possible dates when NASDAQ application will be approved, one is less than 2 weeks and another one is between 2 and 4 weeks.
The quicker approved, the less possibility to dip and drop of volume. If after 1-2 weeks it's not approved, expect drop in volume, interest and price.
Pros:
-Volume rising, can hold for 1-2 weeks
-Place for growth, can target 5-6$ price in short term.
-Short play, max 4 weeks to approve the application.
-Can quick sell the news to other late buyers.
-Retail it on the NASDAQ or sell the news on the day of approval.
Cons:
-Serious red day will send it to dip and kill the trend.
-Volume may not survive even one week.
-Holding 4 weeks is a risk and you should setup your stop loss trigger in case things turn ugly.
-OTC stock, prone to manipulation.
Small Warning: Do not take this as financial advise, think before you buy something and plan ahead.