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Microcap & Penny Stocks : TIPS Tianrong Internet Products & Services
TIPS 0.0190-36.7%Nov 7 11:47 AM EST

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To: T A P who wrote ()12/10/1999 5:34:00 PM
From: T A P  Read Replies (1) of 203
 
TIPS UPDATE...MAJOR TECHNICAL BREAK OUT ON NO NEWS...
VERY BULLISH FRIDAY CLOSE....All technical indicators turned positive on strong volume with over 1.659 million shares traded and a close at $1 5/8th well above the close on 11/29 of $1.36 on 1.55 mil shares. Alot of the volume came in late in day which indicates this was not daytraders playing the stock as they usually cash out and rarely hold over night let alone weekend. Should be very interesting next week to see if TIPS momentum can catch up and surpass CAOL which closed even for the day at 2 7/32 on 483K shares then reach XNET level which closed at 3 1/4 on 119K shares.IMOT closed up over 8% at $5.81 on 290K shares and BIG BOY CHINA closed up $17 at $154 on over 2.185 mil shares.Seems China Internet sector still remains very bullish despite bump in the road up in Seattle.

T A P has received 1 mil shares of TIPS for services provided for a period of 1 year. For a complete write-up on TIPS and other Turn Around Picks and free membership go to T A P profile for url.
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