TES: I understand your concern. I don't think I recommended it aggressively - I recommended watching it and nibbling at lower prices - not chasing for now. I did this largely because the share price, and the volume associated with changes in it, appears "washed out". It simply suggests that there is little supply around.
Someone has been interested in accumulating shares here - but usually only at price levels between .01 and .018. As they have been buying shares, the volume associated with it has dwindled - then it pops back into the .025 - .03 area pretty quickly. Each time it comes back down, fewer shares are posted. Further, there does not appear to be much opportunity for trading anything of worthwhile size, so I am assuming accumulation is the order of the day - looking for a much bigger move in a longer time-frame. That time frame could well be into 2008, but never-the-less, what I see is less supply. It acts more like a shell for something, rather than an ongoing operating company.
In the short-term, I am seeing lower prices. For now I am content to sleep on it. Perhaps it will surprise "the rest of the world" someday?
JL
