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Microcap & Penny Stocks : TNRG Tianrong Building Materials
TNRG 0.0002000.0%Nov 28 9:30 AM EST

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To: Mr. K who wrote (2909)7/16/1998 12:34:00 PM
From: Loren S.  Read Replies (1) of 9824
 
The problem with sitting on the sidelines on a stock like TNRG is that if and when it moves, it will move fast. Tilton has been pretty good at keeping news close to the vest. We have more often than not been surprised by developments that come out. If (big if) he were to some day release news that they signed a deal with the Navy to develop the Sea Eye project, or sign that $50 mill deal for the medical device, or whatever, the stock would fly in a matter of minutes. If you're not in and you want to be in, you end up getting in at a price many times the current one. Truly, what is the downside buying this stock at $.08? The only risks at this point are a reverse split or major financial problems. We don't have any indication that these are near-term risks.
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