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Re: rmm243 post# 5609

Monday, 01/03/2011 8:25:00 AM

Monday, January 03, 2011 8:25:00 AM

Post# of 122460
The buying last week looked like it was one investor not a group of investors. The transaction chart shows large blocks being traded and that means one investor was doing the buying. If it was Stock Guru recommending the stock the transaction chart would have shown many different buys and sells in the transaction chart with smaller blocks being bought and sold. Also, when you calculate the total transactions epecially from the large blocks being bought and sold, it comes out to $50,000 almost to the dollar. That means someone took the time and started buying and decided to invest $50,000.

Unless that person decided to buy more this week, we can expect a drop in the price this week because we will have investors selling this week because of the rise from last week. Penny stock investors have a tendency to sell once they hit their mark and that mark is usually 50% profit.

The opening of a new store and incorporating a new business shows that Tesoro is expanding and I am just wondering how many more shares they will issue to raise money for the expansion.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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