TEI Corp. - The TANK is rolling!! (NASDAQ: TANK) Message Board

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Microcap & Penny Stocks : TEI Corp. - The TANK is rolling!! (NASDAQ: TANK)

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To: Marc T. McCurry who wrote (27)	2/10/1998 11:20:00 PM
From: JEFF CHAPMAN	of 50

Actually the initial 1.3 million or so trade mid-day was an uptick @ 1 5/8, with subsequent downticks. My guess is that a fund holding TANK wanted out due to a management change or rethought the investment. This transaction had to have been arranged in advance, imo, as the stock didn't react much in price. Contrary from your opinion, I am pounding the table on this stock. In an overpriced market, PE wise, any trades of TANK at $1.50 is a steal, imo. This is not the typical penny stock, the majority of assets are in cash and are safely in cash at that. My opinion is that management will make some sort of move before year end, meaning that buying at these levels could generate a 50-70% return, with no downside. Look, if 3 million shares couldn't get this stock to break down, nothing is going to. jc

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