InvestorsHub Logo

ToshacH

11/11/03 10:26 PM

#4712 RE: Omnitrader #4590

Maybe it will run a heck of a lot further. Who knows these Chinese deals have been hot and the float is decent on TTXI

Anyone caught which would be few, are caught at max .14

Daytraders bailed on this when it began to fall last time




bobkubecka

11/12/03 1:46 AM

#4766 RE: Omnitrader #4590

TTXI, imo depends on the deal and how the mm want to play! What would you consider to be a breakout price? when it started to get volume @ .08 i added, then they spread it .095x.12. I don't think there are a ton of shares out, like some of these bb's have and i don't think mckelvey is playing for pennies, I'm not and I doubt shac is. Some of the guys that did sell trashed it over on the swing board. If the deal has good substance the charts might be out the window. ENCU that I accumulated @ .02 (and sold way too soon by the way) had very little volume the prior today. Bottom line is imo the potential for gain is well worth the risk involved. At least we are seeing that stocks can move well in this market, JMHO One other thing is that there were two companies that may be involved and even if they both fell through don would surely try to find another. Last time I talked with him he said he would return to china if it was necessary to get the deal done, and that at the moment he was just waiting on paperwork. My money is on the line, time will tell. I'm praying each day that this market exuberance last one more day happy trading :) bob