Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) Recovers Losses Ahead of New Week
After a shaky week, Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) took off on Friday, adding more than 36% to compensate the slide at least in part. TTDZ clocked in at $0.041, as dollar volumes expanded to $3.2 million. Friday’s trading for almost all OTC marijuana stocks was subdued, with dollar volumes below $9 million even for the fastest movers. 
We saw expectations in investors’ forums that TTDZ would return to its usual cheer, and the ticker easily shook off the shock of suspended trading that affected several well-known or lesser tickers. The latest opinions also point to an explosive week following the nervousness of the last few days. TTDZ did not work toward stock success with new PR, but the next few days may see updates.
For now, TTDZ has to offer the website, FutureMarijuana.com, a simple blog format with text and videos. The launch of the Green Cures product line, although expected at any moment, will most probably be lagging. So while TTDZ has at least placed its name among MMJ stocks, it still has to prove its potency as a real marijuana business- and so far, it is behind the more down-to-earth sellers of essential cannabis products.
The only advantage of TTDZ is that the ticker managed to move out of the double-zero range, and reach a relatively respectable position. At this point, TTDZ is not immune from being wiped out, but it has enough momentum to sustain it for a while.
Others, like the case of Latteno Food, Corp. (OTCMKTS:LATF), suffer from active trading, and sink back whenever profit-taking pressures the price again. LATF recently peaked, but the carnage of last week really affected it. While the move in price terms was small- from $0.014 to $0.008, the percentage fall was significant. LATF has the potential to double its price in a day, but there are periods when the slide from the penny level is rather painful to investors.
At the sub-penny levels, it is even more dramatic for United Treatments, Inc. (OTCMKTS:UTRM), which is hovering around $0.0077, seeking direction. While UTRM remained mostly unchanged in the week of pessimistic trading, it is still far from the fast gains in February and March.
TTDZ was only briefly taken up by promoter Epic Stocks. This pumper is trying to ride the trends of newcoming MMJ stocks, and boost its record. Its latest selection, Polaris International Holdings, Inc. (OTCMKTS:PIHN) is not faring well, peaking at $0.02 in April, only to lose 50% of its value in the next few days.
The OTC market for marijuana stocks offers various possibilities- from loyalty to big-name tickers, to seeking out new arrivals that make a sensation. But in almost all cases, we’ve seen deep losses following the initial enthusiasm. Adjust your timing accordingly to minimize or avoid losses, and be aware of the general downward pressure in the sector that still continues.
