Chaos,
I just think tempers run high with TKO and the lack of news.
I feel the shareholders letter and then the meeting was just to calm things down and give some sort of confidence back into the stock and Ron has openly stated he only wanted to be in the stock for 3yrs and here we are at 4yrs plus, so even Ron is a bit disillusioned it appears and hopefully he more than anyone, can appreciate the types of Companies TKO are dealing with and they have so many rungs of management to go through to get a final sign off it`s soul destroying, but I feel from listening to the hour and a half live talk Meet The Ceo, Ron was quietly confident that we are very near to all this news coming to fruition, I hope so, it`s been a long wait for me and many others have been in this stock much longer than me.
Luckily, this is not my only stock, but for some I take it is and that must be such a soul destroying emotional roller coaster ride, up, down, up, down, sideways, big run up, big run down, but to be honest it has traded for some time within the $2.50 to $3 range and has become very predictable. I don`t trade the wave, but wished I had as many have, I just hold long term and add on the dips, but I too am quietly confident we will be seeing a nice end to 2006 for TKO, not the $10-$12`s some mentioned but $4 plus will be good, anything above,it will run, as I am told $4`s ish and above is the the turning point for the shorts to lose confidence it is staying down and that is where the real covering and squeeze will come, any higher and I`ll be even more happier, but time is running out for a bit of a run this side of Christmas, 9 trading days and counting!!
Take care,
Christine x
Disclaimer:-
I have no affiliation with TKO, it`s employees, management nor its` Public Relations Companies. I invest purely on my own Due Dilligence and/or from my broker and I understand I can make or lose monies on my investments.
I confirm I live in the uk and I am in no way connected to the American Stockmarkets, Nasdaq, Amex e.t.c. and nor am I in any way affilliated to any brokerages either here in the UK or the States. I confirm my line of business here in the uk is not connected to any money markets, stock brokers, normal brokers and all monies I have invested in America are purely mine from savings, property sales and uk property investments. I have recommended several business colleagues and acquaintances to my broker, of which all are not in anyway connected to the financial industries.
Christine Cowell
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