Replies to post #698 on 21st Century TEC (fka TFCY)

[XV19]

(except for the fun run up towards .18 earlier this year).

FYI...If you trade with TDWaterhouse, be aware. TFCT is on their 'volitle list". It'll cost ya $45 just to trade it, and .01 PER SHARE for everything over 2500 shares.


ouch.

[avrcemonplst]

I actually don't have an exact sell number, but I'll try to explain how I will do so. If the PPS hits .03 or more on a bounce, without any kind of break, then I will probably hold longer. If the stock doesn't move like I expect it to within the next 4 market days, I'm outta here. If the price goes down, I'll wait for a month. I'm fairly confident that the worst case scenario is that I will have to settle for small profits around this time next week. In order for me to stay in above .03, the stock must pretty much go straight up to .03, as I stated before, but it must also cover that ground faster than it took for it to fall off that last shelf (from .03). If it does this, it will probably have another wave up, or at the least a mimic wave. I will have to assess the sell after such a run when I see how low the correction is before the second ascent. However; in reality I'm not expecting much out of the bounce. If it shows weakness anywhere before .025, I'm gone. So I guess you could say my realistic expectation is to exit at around .018 or so. Hope this helps.
Avarice Monopolist

[avrcemonplst]

You see that drop on 6/25/2003? And the bounce thereafter on 7/8/2003? That's the kind of bounce I see occuring here. So, when you look at that chart, I'm looking at selling on 7/2 or 7/3, if the situation goes as I expect. Now, if the pps of the stock went straight line from .03 on 6/26 to .08 by close of 6/30, then it would have been a keeper with a balsy stop.