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Re: moneytome post# 7712

Tuesday, 08/28/2007 8:22:52 PM

Tuesday, August 28, 2007 8:22:52 PM

Post# of 47295
moneytome
TOFS

http://stockcharts.com/h-sc/ui?s=tofs&p=D&yr=0&mn=3&dy=0&id=p90633317065

The first thing any beginner needs to learn is how to sell! And with the chart on this one sell now.

I think this won't help you, because you are holding way higher then where the PPs is after this big pop. So you will still sell at a loss and it's the loss your trying to make up.

Well that's why it's so hard for beginners to learn how to sell. Because they won't take a loss.

I don't try to pick entry & exit points for others. I try to teach others how to pick their own. And when you see a stock which has declined this much in 6 months, odds are it's for a reason. The stock is not worth more.

Once you realize the stock is not worth more, logic would say get out on any pop.


Now some about what I see in the TA & charts.

First the stock is on death watch. There is either NO volume or large volume. The only retail watching it are the vultures.

And one big guy just created this run! There was NO news and the strong sell pressure during the bottom channel shows accumulation. I have posts here about a month or so ago. Search for more info.

That means someone has been adding on all the shares they could, while the PPs sat in the 1.5 to 2.5 cent range, over the past 2 months. Which adds up to about 3.6 million shares traded, before today. Divide the total shares traded by 3 then X 2, saying the big guy got 2/3s and retail got 1/3. That puts their hold around 2.2 million shares.

3.6 mill total shares traded in the past 2 months. Add it up, using history here; http://www.quotemedia.com/results.php?qm_page=24863

This is all tinfoil hat darkside guessing!!!!!!! IMO the vulture holds 2.2 million shares at 2 cents and sold one third to half today between 3 & 3.5 cents, with 1.25 mill in volume. And will sell the rest tomorrow. Where they will try to sell the other half to 2/3s at a double above 4 to 5 cents.

There's the target. 4.5 cents if it runs again in rush hour (the first hour of trading). If it doesn't run in rush hour I'd expect their dumping would be the same as today at 3.5 cents.

Either way, IMO tomorrow will be the last anyone sees the PPs this high for some time. And once all the accumulate shares, over the past 2 months are sold, for profits. The PPs will fall again.

The last thing to keep in mind is this big guy may be the insiders, not just an individual. How will that change the game? Could be they closed a private placement, selling shares to a VC, and they will PR a run tomorrow or the next day.

That could take it to the next resistance, around 9 to 10 cents. If you just can't sell, knowing the slight possibility of the insider PR coming. At least sell 3/4ths and only hold 1/4th for this very long shot.

Then dump it 2 days from now, where ever the PPs is. Because if the insiders don't time a PR by day after tomorrow, it probably won't work any how and they don't know how to play the game anyway.

You have to do some studing here, search "check point" or "checkpoint" or just read some of my old posts.

Much luck

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