Toups Technology Licensing, Inc (TOUP) Message Board

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Microcap & Penny Stocks : Toups Technology Licensing, Inc (TOUP)

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To: Aquaman who wrote (263)	9/14/1999 9:24:00 AM
From: Micropicker	Read Replies (1) of 317

Market Makers. The thing about market makers is that they are out for only one thing--to make money. They all know the trading pattern on penny stocks. They all know about tax loss selling. So, when a stock gets bruised, and the price dips, it will be a candidate for tax loss selling toward the end of the year. That selling usually occurs in November, but has been expanding into October. It used to happen in December--but January is now viewed as a great month for little stocks. So if you want to sell, take the tax loss, and then buy back for the January rally, you need to shift to any earlier sale. And if you want to buy at the bottom, you need to be ready to buy (30 days after selling) sometime in December. TOUP fits this pattern perfectly. Absent any substantial news, the price should continue its downtrend. It then faces a very bright new year. I know I'm watching for signs of a bottom.

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