TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: hotlinktuna who wrote (52973)	1/23/2006 12:27:29 AM
From: kuntahene	Read Replies (3) of 59879

CNCN is my favorite stock for medium term at .135. Chart looks bad, but delayed signing of huge contract due to additional testing is not such a big deal to warrant the sell-off. Investors with close ties to the company have plunked down almost $9 million in zero-interest convertible notes, most of which are priced at .35 (!!) per share... so deal is very likely to happen eventually. Always good to follow the money trail! I've been buying back heavy for the past week including another big chunk at .15 on Friday and looking to get more if it continues down. Down so far this time, but profited bigtime on runup in December. Good time to get in as contract delay has caused lots of (hopefully temporary) negative sentiment! All IMHO.... Good luck in PECB, Tuna... still hoping for .30's on it.

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