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Cutting Corners

06/22/05 6:44 PM

#1413 RE: lowtrade #1410

lowtrade,
We also got a PR on April 27 then on May 3. That's 6 days. The strength of the PR will drive the PPS accordingly. Trying to time buy-in points to PR's is a risky business, but so is investing in the pinkies...LOL. A blockbuster PR is not going to recognize "cycles" or "channels" and neither is a bad PR.

Bob

ecp1976

06/22/05 7:47 PM

#1419 RE: lowtrade #1410

To all,

I will admit, I sold TNOG at .0305 and missed the run up to .04. I tried to flip and got burned. I fully expect TNOG to consolidate a bit here and am looking to reenter right about where I sold if not a tad bit lower. I fully expect a good base right around .029 to .031 but this is just my best guess based on what TNOG has done in the past. While I was missing out on 20% gains, I did manage to flip PLNI for a 17% profit so I should get as many shares as I sold for TNOG's next move up. I am a newbie so I am not a pro at this but I do learn which each move I make or fail to make. This board, Lowtrade, and Mike have been a great help and I thank all of you.

One final thing. The research I did on news cycles took into account all PR's released and the average business days between them. If I look back, according to post #1115, I predicted news on the 20th. Someone corrected me and said news usually comes out on Tuesday which it did. I am not saying I have a crystal ball, but I'll be a monkey's uncle, I got it pretty darn close. According to my rudimentary math, the next PR shoudl be OOA 30 June which is right where Lowtrade puts it at. I figure we consolidate and base until then. Once the flow numbers are release, I believe we move to .045 or .05.

Congrats to all of you who have and are making money on this one, she's a winner!

Eric