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

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To: Ken Peterson who wrote (790)3/31/1996 7:47:00 AM
From: Michael Hillman   of 1014
 
TLTK ....technical points...

To write a book in 1996 ...about charts ....this stock would be
a major example of what to look for . 2 other teck's that are classic charters ...
APLX .....IOMG ....each one demonstrates different stocks in different ..
predictable ...playable modes ..
Add other market factors ....timing ...bonds ...and the most 2 important
factors ...FEAR.......AND GREED......this stock performs like it was taken
from a text book ..
TLTK has been receiving increasing attention ....including a TV segment ..
and will continue to do so ..
Want to make money on this stock ....it's establishing another strong support position ..
..at around 7 ( God ..I remember saying this a short time ago ...at 3....then 5 )buy some on the dips and hold
Want to play with it ....it will range here for awhile ....day profits are available ..
But ...read the chart ....know that the spike to 9.999.was pure greed ..driven by
fear of missing the boat ...remember it's not a boat ..but a streetcar ..another is due in 5 or
10 mins ...keep your fare in your hand ..instead of taking the chance of getting run over when it's outta control .
At SI ....we all try to share info ..so we can all profit ..but this stock is
an exception ....prime force behind the formation of the " Under 5 " category ..
certainly it's leader in terms of return ....
David B .....has done well by us all with this puppy ...I hope he sticks around and
continues to share the wealth ...notwithstanding the inability of some investors to play
this one right ...
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