...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: 50/200 dma death cross is getting close....

We've got the 50 dma falling and heading for a cross below the 200, sometimes called a death cross.  We've got another 2 to 2.5 months until Top-Line based on guidance....and as much as I want this slow bleed to end I can't think of an obvious catalyst ahead of TLD that could turn things around.

The one positive possibility that does come to mind is some type of non-dilutive financing that would raise enough money to retire the Third Eye loan, with enough left over to get us to top line results....but it strikes me as being far more likely that we'll get another share offering like the last one with shares and warrants being offered.  

Here's the chart showing the DMAS:

Share
New Message
Please login to post a reply