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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: StocksDATsoar who wrote (138906)10/15/2004 10:51:30 AM
From: rrufff  Respond to of 150070
 
DFNS - hey you gotta make some decisions on your own right?

If you follow my posts, I always say to have an order way above market on some of these runners for a certain percentage of your holdings. DFNS is typical as was LENF which I had for the same period. Both lulled me to sleep and I'm sure many sold because of the lack of volume. Hold for weeks and get bored with no volume or tiny volume.

All these value plays follow the same pattern, not similar to many of the pumpers you will see listed on many threads. These are really not for day traders.

Low float and value behind it not speculation and hype posts.

When these 2 worlds intersect, you are on your own. So I always put between 25%-50% as a sell order way above the market. Some times I regret it when the stock takes way off like LENF as I missed part of the move and instead traded it 4 times.

TMLN another today I traded. No volume for weeks and today, my order was taken. Had forgotten about it.

Long term DFNS - is still one of my favorites

5 million float
25 million o/s

Running at about 12-13 million in revenues going forward. 4 p/s means a $2 price. Profitable and a 40PE going forward should run it also. BUT WITH 5 MILLION FLOAT, A BUNCH OF DAY TRADERS COULD RUN IT TO 6 OR MORE LIKE LENF AND OTHERS!!

Has almost no hype, no promotion, just in the right place at the right time.

BTW - bought back in at .80 and it's back to .89. I'll probably do the same thing with that piece but I don't know for sure.