Stock Info - TZT

[Worldtraveller6]

There seem to be many knowledgable people here and I have seen stocks discussed a few times.

This stock shot up 28% at the end of the day yesterday. No press release, no comments on Stockhouse. Just wondering if anyone has heard any rumours.

PMs are fine.

Thanks.

 

[21pro]

thinly traded penny stocks do this. 28% ain't much unless it's sustained.

btw- do you know how many penny stocks fluctuated over 50% yesterday on the TSX?

28. my guess is of the 22 that were up 50% or greater, 20 of them won't keep their gains until next week...

as for TZT, an increase in subscribership of over 1 million over the next 2-5 years would equal a book value of about $5/share... but moving from .40 to .50 some cents doesn't hint at anything.

 

[Worldtraveller6]

Press release out

They put out a press release this morning. Guess someone had inside info, surprise, surprise.

Thanks 21Pro, I do know the penny stocks can fluctuate a lot but that was out of line with this stock and I guess I know the reason now.

Cheers.

 

[21pro]

yeah, i forgot about the licensing bandwidth issues telecommunication companies have to endure...

it makes investing in the industry almost bio-tech-ish with their 'clinical trial approvals'...

the bandwidth game is a very competitive market and my guess is that TZT is looking to get 'scooped up' by a bigger party down the road.

no doubt getting this license does increase their value. might be a good day for some trading!