TIX (OTCMKTS:TIXC) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Tix Corp. (OTCMKTS:TIXC)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as high as $0.0001. TIX shares last traded at $0.00, with a volume of 0 shares.

Key Stories Impacting TIX

Here are the key news stories impacting TIX this week:

• Negative Sentiment: Multiple reports say World Cup fans were left without tickets after StubHub sales fell through, with some buyers alleging last-minute cancellations and missing mobile tickets. World Cup fans left flustered by last-minute StubHub ticket cancellations
• Negative Sentiment: Coverage from multiple outlets says fans’ World Cup tickets vanished because of a StubHub app glitch, reinforcing concerns about platform reliability during a major event. Soccer fans’ World Cup tickets vanish due to StubHub app glitch
• Negative Sentiment: StubHub is reportedly being investigated for FIFA World Cup ticket-selling practices, which could raise legal, regulatory, and reputational risks. StubHub being investigated for FIFA World Cup ticket-selling practices
• Negative Sentiment: Additional stories described buyers paying thousands for tickets that never arrived, and some fans missing matches entirely, adding to concerns about customer trust and refund liability. ‘Don’t buy from StubHub’: Fans pay $6,143 on StubHub for tickets to Boston FIFA World Cup game. Then game day comes
• Neutral Sentiment: One item noted TIX shares crossing above their 50-day moving average, which is a technical signal but not enough on its own to offset the negative event-driven headlines. TIX (OTCMKTS:TIXC) Shares Cross Above 50 Day Moving Average – What’s Next?
• Neutral Sentiment: Several articles about veterans receiving free World Cup tickets are not directly material to Tix Corp.’s business, though they add context around broader tournament ticket demand. Hundreds of veterans snag free World Cup tickets

TIX Trading Down 100.0%

TIX Company Profile

Tix Corporation, through its subsidiary, operates as an entertainment company in the United States and internationally. The company provides discount ticketing and discount dinner reservations services. It offers discount tickets under short-term, exclusive, and nonexclusive agreements in Las Vegas at a discount of up to 50 percent for same day shows, concerts, attractions, and tours, as well as discount dining and shopping offers. As of March 19, 2020, the company operated nine discount ticket stores in Las Vegas under its Tix4Tonight marquee; and tix4tonight.com, an online ticket sales site.