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

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To: Rooster Cogburn who wrote (611)3/20/1996 2:11:00 PM
From: Roger Brown   of 1014
 
To rest some minds...David's right, TLTK will rise shortly. The previous record for trading was about 1.88 ish million shares. As of 1:30 it had hit 3 million shares. May finish the day at 3.5 million? This means TONS of shares have changed hands letting new people in while the old sold off. They might be out of here..so be it, and let them make their bucks elsewhere. However, this high volume means in my mind a new strong basepoint somewhere above $7.00. Friday a week and a half ago it was $4.90 or so, this week, maybe $7.00 & then slowly up.. Corrections occur even on solid stocks such as ASND. It went from $47 to $42 in no time. Yet now it's at $55. It was $36.65 when i got in on 1/16. No complaints to ASND holders in the past few months, i'm sure.
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