Alright then, thanks for being nice. Unfortunately, it might mean you're stuck with me. By the way, I'm out of TRLK (please keep in mind that I picked it at 1.5 and then at 2, but not at 2.5!). I no longer have an opinion on it, really. It could be at the full point of it's recovery, but it could also keep rising. The thing about these kind of stocks, that I think some on this board misinterpreted, is that the rise invevitably occurs in the wee morning hours proceeded by a sell off of some extent. Obviously, stocks like this are heavily day traded, and people take their profits quickly. Just because a stock seems to level out at the end of the day (as TRLK did Friday) doesn't mean it has lost momentum, however. It can easily surge again the next morning (a gain which will in turn be sold off to some extent). This has been the pattern with all the well performing pennies recently (HCCA, FTEL, DCTC, SYCR). When everyone said TRLK looked to have completed its recovery on Friday, I don't think they were taking this into account.
It follows that it is usually not wise to buy in the morning, although you might have to be somewhat clarivoyant to see what stocks to buy in the afternoon when hoping for a rise the next day.
For those that were asking about HCCA, my opinion is that it's a mess. It fluctuates so wildly during the day that it might be possible to make money, but the number of shares outstanding is like 500 million! The chances of that stock reaching the prices some are hyping it for (i.e. $3) I would place at exactly zero.
Here's a pick that isn't so risky: PERF @ $4.
I'm hoping for a 33% gain by the end of the week; please do your own research.
Chimi |
