Michael:
Appreciate the accolades, but I only like analyzing TLTK...don't know any inside info or anything...
The past 4 weeks saw this kind of activity:
The closes on Friday's went: $2.58, $2.32, $3.19, $3.91.
The averages each week went: $2.48, $2.37, $2.88, $3.86.
The average Volume each week (per day): 600K, 300K, 620K, 1220 ish K.
This weeks low ($3.16) was about equal to last weeks high ($3.19), with the the weeks of 1/22 and 1/29 highs being $2.76 and $2.65.
I think it is safe to say that $3.91 is a comfortable # for now. It is right in the middle of the low and the high for the week. I can't fathom TLTK closing any day under $3.50 with the past four days all closing between $3.87 and $4.13.
To the other Michael...having forayed into the stock market in November, I've concentrated more on holding a stock and watching it than to buy and sell. I wish i were that presumptious to follow your steps; however, as i feel more comfortable, i'm sure i'll brave into it. You should enjoy the "wild ride" now because this is going to have less variation as the time rolls on.
OH...on CNBC today there was another company (this time i forgot the name) that closed yesterday @ $22. IT was mentioned as being in the process of being bought out. The buying price is $28. That's 27% more. I lend this as merely another example of what kind of premium TLTK could fetch when and if ever it does go for sale....Personally, I hope the growth continues for at least 6 more quarters...that'll be a better return for an individual stock than i can find anywhere else.
Once more...a few numbers uplifting TLTK!!!!!!! |