Team Nation Holdings, Corp. (OTCMKTS:TEMN) Recovers Losses with Money Runners Email
Team Nation Holdings, Corp. (OTCMKTS:TEMN) showed that its fall on Friday was a temporary event- and the game is on, to see how far the promises of the companies can lead the stock price. On Monday, the ticker added more than 47% to reach $0.0087, as buying volumes offset yesterday’s selling at $2.12 million.
The positive development is that the new week opened with positive momentum even without a boost from new PR updates. However, TEMN turned out interesting enough that it attracted the attention of professional promoters. Money Runners took up TEMN for no compensation, meaning they see the appeal of the upward momentum, and hope to use the stock to boost their past record.
Money Runners sees TEMN as a climbing powerhouse, and lines it up with Green Gro Technologies, Inc. (OTCMKTS:GRNH) for its latest recommendation. The pumpers advise an outright loading up of shares, stating that TEMN would soon acquire two brand lines, Besado Tequila and Dziaq Liqueur. Until now, TEMN was just the distributor for those brands, and has to show some activity:
- $379,000 quarterly revenues
- $416,000 quarterly net loss
- $45,000 cash
- $498,000 total current liabilities
Now, the pumpers claim that TEMN is ready to start a round of financing for up to $500,000, to increase its distribution efforts and gain a hold of its losses and mounting debt. Yet despite all those efforts, TEMN remains a sub-penny stock, with all the related risks of volatility. Not even an ascent to two or three cents, as the emails suggest, may save TEMN from volatility, given that the share count has risen into the danger zone above a billion shares. The free float is unknown, positing doubts that TEMN may be squeezed upward by scarcity.
Since the climb accelerated, investors’ forums are abuzz for this ticker, in contrast with the previous sluggish activity. There is an almost certain attitude that this week will see TEMN above one penny, and probably higher up.
TEMN recalls the story of Fresh Healthy Vending International, Inc. (OTCMKTS:VEND), a company with a solid business model. VEND held the special danger of being overly-promoted and overshooting its natural price levels. In the past days, VEND slowed the precipitous drop, and settled around $3.35.
Companies with a ready product usually hold a special appeal, but a balance sheet burdened with deficits means that some of those sellers never really make it. So far, the promised sales for The Alkaline Water Co., Inc. (OTCBB:WTER) are extremely patchy. WTER is given another chance now- jumping suddenly to $0.25 on bargain buying, though trading volumes remain almost invisible. The ticker tested the patience of investors too much, and deflated from a robust level near the dollar to a bottom around $0.12.
If you still like TEMN, keep in mind that the price may yet live through less positive days. Avoid over-investing, in the case that the ticker reverts to the usual slow trading and low prices.