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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: vtran who wrote (583)3/20/1996 1:05:00 PM
From: Roger Brown   of 1014
 
Looks like a little profit taking going i see. Just checked Lomabard...gotta go study...yet i'd just look at this as another buying opportunity and what an opportunity it is!!! Early on i was thinking $12 by 4/23 and it jumped on a pace much greater than that. $12 would put the PE at about 40 (new earnings included)...not much to aask. This has grown 100% from $4.86 to $9.75 in less than two weeks.

Profit taking was in order...how many of us have made 100% in a few days...I'm glad they release news each month and not each quarter...then things would really be messed up...Don't get me wrong, in the end it's still the same but releasing news each month helps small RAPIDLY GROWING stocks such as TLTK. 100% growth is more than poeple can see compunded in 3 years in some mutual funds (156 weeks to 1.5 weeks...you take the pick)...It will pick up...just give it time...AT such rapid growth without a stable history it could be a little wacky for a while....Even if i bought at $9.75 this morning and it drops to $6 today and then rises to $12 in 5 weeks, you're still ahead...just not as much (assuming you were at work all say).

Personally, consider yourself fortunate to find a stock like this with so much growth...if ya got in above $9 you just weren't there when it was rising the past 2 months. You never know when corrections will occur and this whole thing is a big game. Some can play it better than others. It droppped 14% after i got in yet i held strongly becasue i knew it would rise...it had to. It's just that it has risen so fast so soon.

Month in and month out this will be time. I'm a holder personally so i could care less if it goes to $6.00 by today's close...because it's going to have to rise the next day.

Those who got in very late in the game...hold tight like i did at $2.65...i went thru a little of what you are (except mine was over 7 trading days...not 1!!!) going thru now.

What really matters in the end...Is tltk growing and at what rate? $6-$7 is not justified for long. Just hold tight and no matter what, those who got in late...at least you have a great opportunity in front of you...

I feel sometimes that i need to assuage everyone on the thread. Don't worry but goto Europe this summer on the money you'll make between YESTERDAY and the end of May...

As David said yesterday, Markets are efficient over time...maybe not in a week but month over month they definitely will be for TLTK.
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