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Re: big kahuna 01 post# 2000

Monday, 10/19/2009 1:39:36 PM

Monday, October 19, 2009 1:39:36 PM

Post# of 6594
Well the triangle/wedge squeeze has tightened up between .36 and .37, and volume is still falling. Not much room left to squeeze any tighter. Still looks like a break out is going to happen very soon. Any good news on a day like today would send it soaring, but that gap is still looming down around .25, and if it gaps down I have standing buy orders waiting, as I suspect that will be a real long term bottom, and it may only last minutes with a rush of buys at that price.

What I don't see happening is any new shares being issued to cover ongoing losses, like so many other stocks are doing recently, and like so many tech R & D companies like biotechs do regularly. I am thinking and wondering if their recent deals may actual have turned their next quarterly report into a profit (up front license fees?), versus previous ongoing start up R & D losses?

I am still long TTEG.
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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