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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Bob Davis who wrote (306)4/7/1998 2:02:00 PM
From: Ralph Bergmann  Read Replies (1) | Respond to of 601
 
Bob, if check the timing of the posting in that thread and if you look on the move of other stocks which were "recommended" there I think it is quite obvious where this run up comes from.

Further, do you think institution would buy such a huge amount of shares within half an hour?

Ralph



To: Bob Davis who wrote (306)4/7/1998 4:36:00 PM
From: TimbaBear  Read Replies (1) | Respond to of 601
 
I think the run up today was, in fact, aided by the plug from Tokyo Joe....however, like it has been said, most of those folks appear to be day-traders and their impact is probably mostly over.

There are indeed sound fundamentals of this company and those fundamentals are good enough for a steady gain in price. Since that increase hasn't been happening, I think the stock was ripe for speculators and, since the price isn't yet to fair value(in my opinion), we may see more days of rapid increases now that TASA is beginning to be noticed. I think the highs might be intra-day and the closes won't be at the high but will be higher than the opens.

I definitely like to see that there is a nice run-up on heavy volume.