*AV*-- TRLK --- Good luck on this stock. I would advise everyone to spend a couple of minutes scrolling through the following thread:
****STOCK OF THE DAY****
I found it quite interesting from the following perspectives
1.Stocks that are spoken about there that wind up on our thread 2.Names that appear on that thread that are both familiar and unfamiliar to our thread. 3.Dates on when some of the posters first logged on to SI and their appearance on our thread so soon. 4.Timing of stock moves relative to posting the stock on that thread. 5.Transition time from that thread to ours. 6.Where some of the posters seem to congregate on still another thread. 7.The log on names and locations of some of our newer posters (and initial log on date) 8.The increase over the weekend on new posters on our thread relative to new stocks (BTW-Thank you for your interest).
Do your own DD on the above, I am just putting out a friendly word of caution and ask you to consider all these factors. It will be worth your time to spend the time to go back at least to 1/25/96 and read forward to today.
Finally, I hope I am wrong but I would have considered the TRLK recovery to have come and gone by now. One trading day is enough to recover from this and most certainly two. The TRLK MMs, if they know this is actually the case should be and have probably jumped into this stock like vultures to acquire as much as they can, internally for inventory until they no longer can get the price that low. The company itself should have either filed a grievance against a company with a similar name (logo and name copyrights) and would have at least taken the opportunity to buy back a huge block of their own stock. Since this is a BB stock, I do not believe they have many restrictions relative to buy back of stock. Anytime you can buy back your stock for 33% of its value, you just do it and resell as the price goes back to its pre-mistake level.
This is a very extreme opportunity, so why didn't the big major stockholders now aware of this SUBB (Screwed Up Beyond Belief) flocked to buy up this stock to add to their holdings. This is TOO EASY MONEY. There may be money to be made here, just be careful that you are not making money for other people by a mad dash to this stock on Monday. As honest as this may turn out to be, someone has yelled, "THAR'S GOLD IN THEM THERE HILLS AND WE'RE ALL GONNA BE RICH." Most times the guy that gets rich is the general store selling all the mining equipment and supplies.
I am not trying to discourage anyone but PLEASE do not chase this stock on Monday. Set a price target, do your DD, but do not rush into an opportunity of a life time.
SHAWN has not even said a word on this stock. If it were such a great opportunity, he would have mentioned something about this one way or another. The words are "Caution before disengaging wallet from pocket and brains". |