SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jack Zahran who wrote (9731)1/28/1998 10:42:00 PM
From: Jack Zahran  Read Replies (1) of 31646
 
John, Thanks for your reply. I only daytrade TPRO after it starts approaching 5, because characteristically it will go up to 6. The pattern of this stock has been to shoot up whenever it achieves those levels. Your earlier posts seem to indicate that a person should get out of TPRO if it sinks below 5. You also state that they should get out at 6 1/2. So you see why I was lead to believe that you were a short. 6 1/2 seems to be the break-out number, so the shorts would get killed. If the stock drops below 5 and investors get scared out, then the shorts will profit big time. So you see why I thought you were short. Your recommendations seem to favor a short position.

The last time TPRO dropped below 5, those who bought in the 4's made a killing the next day as the BMY contract was announced. Now we have two additional pieces of good news, the Dreyfus stake and another month of declining short interest, with the decline accelerating. The people who are pro's at determining good short candidates are closing their short positions. This is a time to buy, not sell.

Since you are long, why don't you start posting your reasons for being long. I know you don't care about the TPRO money anymore, but since you are long you must have your reasons.

JZ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News