SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: G. Scott who wrote (8426)4/18/1998 3:04:00 PM
From: Modano  Read Replies (1) | Respond to of 34592
 
I must say that I question this myself. We went from "never so sure in all my life" to "dead meat without TX" in a few days. Joe what are you basing your analysis on? What has changed your opinion? Any insight would be greatly appreciated.

Modano : )



To: G. Scott who wrote (8426)4/18/1998 4:35:00 PM
From: Charliss  Respond to of 34592
 
Thank you for the clear and thoughtful post on RNTK. I appreciate it. I bet a lot of others do too.

Best,
cd



To: G. Scott who wrote (8426)4/18/1998 6:05:00 PM
From: BubbaFred  Respond to of 34592
 
Thanks for clarification on RNTK's state of health and future potential. I am looking to buy back in, at reasonable price. The tape will tell me what's reasonable. Nevertheless, Joe's earlier one liner comment is O.K., and I find it refreshing this Joe knows how look both sides, and he is not just a pied piper, and IMO he has a more advanced grasp of the market. Myself, I have learned, by hard knocks schooling, to look both sides, on all stocks. Sure, often I sold too early, but I was always happy to see the fellow who bought it from me also made a some gain. Whatever I sold, they eventually went down below the sell price, and it may take 2 weeks or a year. One exception was Intel, about 10 years ago, when I had to buy it back 30% higher than what I sold.

Unless I work in RNTK's management, I can never be certain of anything, except make good speculation based on the news and information available. If news and info are positive, it's a buy, and a "don't touch it with ten foot pole" if negative. I bought when upward momentum started and sold when momentum lost steam. Reading the tape, it is now on a downtrend with strong support in the 1 to 1-1/4 range, and there's where I'll buy again. If bought, and stock falls below 1, I'll bail out with small loss. Next support is the old one, at 3/8.

Just my 2 cents worth, and I have been wrong before.