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


To: thescot who wrote (7913)5/21/1999 12:05:00 PM
From: Pashoe1  Respond to of 9824
 
Looks like a slight recovery which is excellent because this price needed to stabilize sometime.

Doing my DD I personally felt after the dividend date (5-20) that TNRG would fall quickly to .25 then steadily rise over a period of a few months. However, I did not realize that my interpertation of the PR was incorrect and the ex-date had yet to be set. So my original resistance figure of .25 was scratched because I was worried that other investors lacked confidence in management. So I waited on the sidelines. Now what do I do buy more now to average down or wait until a string of low volume days. Whatever the case I am extremly happy about todays rally because at least some still believe in this company like I do and maybe others will buy back in.