High Performance (OTCMKTS:TBEV) Is Off To A Good Start
High Performance (OTCMKTS:TBEV) opened the week with a nice gap up and managed to maintain its gains by the end of the session, in spite of the multiple fluctuations that threatened its share prices. So where will it go now?
As usual, there is no easy answer to that question. The ticker’s movement seems to only be gaining upward momentum these last couple of sessions, which is good news indeed. On the other hand, its dollar volume has dissipated significantly, which is most assuredly not a favorable state of developments.
After all, at this point in time, hype is the foremost thing pushing TBEV up. The company’s current ascent can probably be attributed, for the most part, to the company’s bold announcement that it will “have the product (High Performance Sport Beverage) out for shipping to our warehouse this Friday”. If the hype dissipated, there wouldn’t be much holding the ticker up, let alone pushing it further up the charts.
Will TBEV make it and impress everyone, or will this turn out to be just another empty promise, such as OTC Markets pinksheets companies tend to spew in order to boost share prices? We’ll just have to wait and see. However, there is a shadow looming over investor value at the end of the week, regardless of how things turn out. Why?
If the company fails to deliver on its promise, the ticker will most likely plummet. If all goes according to plan, even more investors will jump on the TBEV hype train, and the share prices are likely to rise. Such a turn of events will present TBEV noteholders with a perfect opportunity to dump large amounts of newly issued shares on the market, and if that happens the ticker will plummet, just like it has done after every jump it has made so far.
Overall, TBEV is likely going to be in for one intense ride, and any investor that wishes to make money out of it had better be on their toes.