{"id":4629,"date":"2014-05-22T13:15:56","date_gmt":"2014-05-22T13:15:56","guid":{"rendered":"\/?p=4629"},"modified":"2014-05-22T13:24:28","modified_gmt":"2014-05-22T13:24:28","slug":"triton-distribution-systems-inc-otcmktsttdz-recovers-thanks-to-optimistic-buyers","status":"publish","type":"post","link":"\/articles\/triton-distribution-systems-inc-otcmktsttdz-recovers-thanks-to-optimistic-buyers\/","title":{"rendered":"Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) Recovers Thanks to Optimistic Buyers"},"content":{"rendered":"

For now, Triton Distribution Systems, Inc. (OTCMKTS:TTDZ<\/a>) is out of the danger zone, with two days of gains that led it above two cents. On Wednesday, TTDZ<\/a><\/strong> added a slim 3% on the day, as investors loaded up another 50 million shares, and the price reached $0.022<\/em>, on dollar volumes above $1.02 million. \"5TTDZ0522.png\" <\/p>\n

So far, we cannot estimate whether TTDZ<\/a><\/strong> is rising based on a series of corporate updates, or due to the fact that the company was considered oversold. The positive thing is that TTDZ<\/a><\/strong> showed robustness<\/em>, and did not easily slide below the penny levels, as many other fast-rising marijuana companies have done. Also, TTDZ<\/a><\/strong> still awaits its name change to Green Cures, Inc., which may boost interest in the days leading up to the event. \"5TTDZ0522.png\"<\/p>\n

The Marijuana index still does not show signs of recovery<\/em> or general enthusiasm for the whole sector, though on Wednesday more companies were in the green. When it comes to stocks outside the index, it is more a matter of individual red flags about each company. Speaking of details, the financials of TTDZ<\/a><\/strong> are still somehow worrying:<\/p>\n