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

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To: jack parlevliet who wrote (942)5/4/1996 1:20:00 AM
From: Warren Gates   of 1014
 
Jack, I was not really promoting SCOP to TLTK investors but to certain TLTK traders that are lurking around ...
Don't get me wrong. SCOP has great fundamentals, and should have some consolidation after a great run prior to the report.
I see it also as a great opportunity for traders out there.
Why do I like to see it traded more? So there will be wild price swings with the stock. Stocks with good fundamentals and volatility gives investors like me who go long and trade on the technicals, a nice way to profit.
That was what I did with Teletek. I'm in my last lot now which I bought at 7 1/8 a couple of weeks ago. I sold the other lots I have during the run to 9. The basing pattern in Teletek shows good support at 7 and resistance at
7 1/2. I'm about to accumulate it again. With a good stock like Teletek, I'm confident when I load up on it that it will not just tank.
By the way, I did not intend to solicit Teletek money for SCOP stock. Don't do that. Teletek is a good long term stock. In case you bought it at $8 or $9, I would suggest you buy at $7, then when it hits $7 1/2 to sell it. In
other words, play with it a little. Traders have been playing with Teletek for several days now.
There's a saying: INVESTORS SHOULD TRADE MORE AND TRADERS SHOULD INVEST MORE
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