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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?


To: buckshot who wrote (5167)1/25/1999 1:22:00 PM
From: Lawrence Burg  Respond to of 9824
 
I'm rather stunned myself. I cut my holdings in half, and they just got sucked up. Figured I'd move things for sure. Uh, uh. It just kept (& keeps) plugging along...

Volume is pretty anemic. I thought that the slackening of volume following news would lead to price erosion, but it seems the orders must be pretty balanced.

If it stays here today & maintains a range around a dime for a few days, it bodes very well for the long term support and market opinion of TNRG...i.e., a much healthier mid to long term hold...which is why I kept 100K or so freebies...:o)