ACVC. As I was speeding along with the top down on my BM (as in BrowseMaster), I suddenly noticed I had passed a post with my name in it. Backing up, there it was. Jorj was trying another TDT, and warning that it was unsafe for even me. Well, that calls for a look see.
Only ACVC doesn't download with my 3500 other stocks. That alone almost qualifies for a TDT, a true no-name stock. Persisting on, I downloaded and found Active Voice. This stock seems to have acted normally for the most part since its IPO in 1997, trading in a 10-15 range into early 1998, succumbing to the ugly market in Aug-Oct last,and bottoming at 4 3/8 on Oct 8. After a quick 70+% pop to 7+, it traded in the 6-8 range the rest of the year. 1999 saw a TT breakout at 8.5, and a run to 11, where it based again in the 8-11 range. Now a DT break at 11, and another pending at 11.5 as it tries to march higher.
Jorj, this looks like a pick! I mean, other than a micro-cap, its pnf chart is decent. Isn't a TDT supposed to have a fatal flaw somewhere? But where is it? Please clue us in. Why is ACVC qualified as a TDT?
Dennis |
