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.
Microcap & Penny Stocks : TNRG Tianrong Building Materials
TNRG 0.0300+14,900.0%Jul 17 12:46 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rharris who wrote (129)3/22/1998 3:03:00 PM
From: Jim B  Read Replies (3) of 9824
 
Does anyone remember when OVIS was once at 40 or 50cents...
and the next day it opened and moved to $1.06 within like
2hours... then massive selling came in (at the tricks of the
MM's I'm sure) and stock dropped back down to about 55cents
or so... maybe 60cents.. can't remember.. well that was the
last dip... from there on it went to $4.25 in about a week or
so....

this is not a comparison between TNRG and OVIS as companies or
as stock.. but simply to draw an illustration of how MM's
can try and pull the stock back... but if buying pressure
is heavy and people are reluctant to sell knowing their
shares are in demand by the MM's and that the FLOAT is almost
all gone... then ... well you see the picture...

rumors on AOL are heavy as to speculation that TNRG is just
beginning its run... not that it's just about done...
again.. just getting started... take care... last post for
the weekend from me... just thought I'd point this out so
people are aware if they see any sneaky tricks with MM's
pulling back the stock within the next few days..

I've bought into this trick before and sold in the middle
of the selloff... recent example.. PKGP... MM's crashed that
stock from 11cents to 6cents in about 1 hour and I stupidly
sold out... by the time I got confirmation that the stock
had sold at 6cents it was already back up to 8cents... and
finished that day at 11.5cents... now it hasn't done much
since cuz many people had mixed emotions about the releases
and them not fully getting Valerie trucking....

TNRG is much different... I don't think we'll see any let
down on press releases over the next week or two... I have
spoken with the company and feel much more strongly about them
and there IS more good news on the way... with done deals..
not with speculation riding all on some judge's decision..

take care and good hunting

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