Replies to post #2347 on Trucept, Inc. (TREP)

[jcald]

yes, sttk very quiet...great stock price went with the great news...now lacking news this stock will continue to descend for who knows how long...what happened to the chinese? are they happy? has smart tek installed all this? whats the deal!!

[imiloa]

Yup, definitely sliding on no news. re: Buying more here, as discussed right after the CC, I won't be buying more unless it slides a lot, eg: 20s or below.

My logic: Core biz, imo, is worth about 15-25/share without RFID aspect. The item in question is RFID right now. Market is selling based on doubt, so I fully expect it to slide lower with no news. STTK already stated they are waiting for SL suit to file before discussing more (despite Eagle's valid point that they should refute SL claims immediately).

If I'm going to avg down, I want to do so at the best price, which the above logic suggests will be lower than current trading level. And so I wait.

If STTK surprises us with news and the stock runs, then I'm happy to profit off my existing shares. If it drops and I avg down before eventual climb on core biz (RFID or not), then I'm also happy.

PS: Finally going to visit STTK in person today. Have a dental appt in the same area, so decided to make one trip today instead of yesterday.