TTGL:
Although we don't need istockguy's TTGL updates on the hour, it is worth noting that this stock has gone parabolic. I wouldn't be remotely surprised to see a breakaway gap tomorrow.
I believe it is already my biggest gainer ever. I researched my buys and sells today on it as I wasn't sure what I had done. I also went back to RB to try to figure out who brought it to my attention, but no luck. (BTW: The next time I decide to go to RB to research anything, will someone PLEASE SHOOT ME!!!!) And, if anyone knows who might have brought it to my (our) attention in October of 2004, please let me (us) know.
I originally bought in 2004 at 30 cents and then sold half on the double. I sold the rest when it dropped back to 30 cents. When it dropped in half from there in late 2005, I rebought (15 cents). It closed today at $2.14. That's a 13.27 bagger so far and it's about 20% of my remaining stock portfolio now.
Even though it is overbought as the RSI is approaching 90, the reality is that based on the last two quarters, the PE is only about 4 and that is based on annual revenues of about $125 Million. Today, they announced that they expect 2008 revenues to be (get this) $747 Million.
Therefore, I'm content to let it have its near term blow off top with subsequent correction rather than sell and rebuy. Besides, if they are telling the truth, that will be a 30 - 50 bagger!
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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