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Microcap & Penny Stocks : Transnet-TRNT

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To: Bob Davis who wrote (109)12/6/1996 9:48:00 AM
From: Bob Davis   of 140
 
For the second time in the last two weeks, TRNT saw a significant volume spike on December 4th, but unlike November 22nd, this one was accompanied by substantial price volatility. Reviewing the inter-day chart, there appears to have been a number of "accumulation" trades both prior to, and after the transaction itself, which indicates to me that the buyer was forced to assemble a block from smaller "retail" holders.

This just further confirms my earlier feelings that this stock is at the beginning of another major move.
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