posted
He was kind of vague around that area, he said he has to wait to talk to Don before stating anything, but that it looked promising. He then switched the subject to the Chinese economy so I wasn't able to get him to elaborate on the release date...sorry
In my opinion after talking to him, it seemed like it would be soon, but not too soon. I'm thinking January. Give him a call though, he is very talkative, I think I said maybe 3 sentences during the 5 minute call lol
quote:Originally posted by trader01: moose - did you manage to get just a faint idea of when a PR might be released? like sometime before new years?
thanks... i will be waiting for an email reply from them tomorrow, i hope it would be a bit more clear with details.
posted
I see that... you didn't get your fill right.. you know i did look over the trading and saw one trade go through for .11 cents in the last hour. Believe it was 10000 shares. mach
quote:Originally posted by Mav: I can not belive it. ....
posted
Look at this chart. Look how this thing is forming an upward cup. They say that often the greatest gains to be made in a stock is to hop on the up hook... I firmly believe on the next run to .19 it will break resistance... Stocks usually break through on the third try... Hopefully we get a PR before Christmas on this... Wouldn't that be Merry! 10,000 shares today = $1150 Investment. 10,000 shares when the deal is closed is minimum $11,500!!!!!!!!!! mach http://stockcharts.com/def/servlet/SC.web?c=TTXI,uu[w,a]daclyyay[da][pb5!b10!f][vc60][iUb14!La12,26,9]&pref=G
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PSU... I haven't forgotten about my PGHI... just diversifying when I can. I know PGHI is headed north soon... mach
quote:Originally posted by PSU90: Wow....Been out of the office all afternoon. Just read the PGHI post and wondered where Mach and Mav had been all day...LOL!
Looks like you guys have been busy. I think I'm going to have to watch this one from the sideline. I'm tapped out at the moment.
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Well....if they don't do a PR for a couple weeks....I should have some cash by then!
quote:Originally posted by machtabow2: Look at this chart. Look how this thing is forming an upward cup. They say that often the greatest gains to be made in a stock is to hop on the up hook... I firmly believe on the next run to .19 it will break resistance... Stocks usually break through on the third try... Hopefully we get a PR before Christmas on this... Wouldn't that be Merry! 10,000 shares today = $1150 Investment. 10,000 shares when the deal is closed is minimum $11,500!!!!!!!!!! mach daclyyay[da][pb5!b10!f][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=TTXI,uu[w,a]daclyyay[ da][pb5!b10!f][vc60][iUb14!La12,26,9]&pref=G
posted
My mistake, I changed the price in my buy order and I did not press the replace confirmation button. This is one of those things that happen 1 in a mill. I am glad to know that it was me and not the system.
quote:Originally posted by machtabow2: I see that... you didn't get your fill right.. you know i did look over the trading and saw one trade go through for .11 cents in the last hour. Believe it was 10000 shares. mach
posted
Hey You! Yeah you! Do you kow what an Ascending Triangle is? If you do... you will see why I'm getting more excited about this stock every day... Look at the attched chart with ZigZag retracements. Notice how the lows keep on getting higher and is forming an extremely strong "ascending Pattern"... If you would take a ruler... you would be able to draw a straight line up the lows.... Now there has also been a ceiling... Take the same ruler and you will draw a straight line across the top... Now what will likely happen very soon as the pattern continues is a breakout through resistance and a dramatic move upward. This is not an overnight play... and may develop over several days and maybe weeks... but I firmly believe that this will continue to move up unless there is news that would change that trend. mach http://stockcharts.com/def/servlet/SC.web?c=TTXI,uu[h,a]daclyyay[dc][pe5!b200!f][vc60][iUb14!La12,26,9]&pref=G
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Follow this link and you will learn more about ascending triangles:
quote:Originally posted by machtabow2: Hey You! Yeah you! Do you kow what an Ascending Triangle is? If you do... you will see why I'm getting more excited about this stock every day... Look at the attched chart with ZigZag retracements. Notice how the lows keep on getting higher and is forming an extremely strong "ascending Pattern"... If you would take a ruler... you would be able to draw a straight line up the lows.... Now there has also been a ceiling... Take the same ruler and you will draw a straight line across the top... Now what will likely happen very soon as the pattern continues is a breakout through resistance and a dramatic move upward. This is not an overnight play... and may develop over several days and maybe weeks... but I firmly believe that this will continue to move up unless there is news that would change that trend. mach daclyyay[dc][pe5!b200!f][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=TTXI,uu[h,a]daclyyay [dc][pe5!b200!f][vc60][iUb14!La12,26,9]&pref=G
quote:Originally posted by machtabow2: Hey You! Yeah you! Do you kow what an Ascending Triangle is? If you do... you will see why I'm getting more excited about this stock every day... Look at the attched chart with ZigZag retracements. Notice how the lows keep on getting higher and is forming an extremely strong "ascending Pattern"... If you would take a ruler... you would be able to draw a straight line up the lows.... Now there has also been a ceiling... Take the same ruler and you will draw a straight line across the top... Now what will likely happen very soon as the pattern continues is a breakout through resistance and a dramatic move upward. This is not an overnight play... and may develop over several days and maybe weeks... but I firmly believe that this will continue to move up unless there is news that would change that trend. mach daclyyay[dc][pe5!b200!f][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=TTXI,uu[h,a]daclyyay [dc][pe5!b200!f][vc60][iUb14!La12,26,9]&pref=G
posted
Please, don't tease me that way, I still punishing myself for not pressing the button this afternoon!!!. That charts really looks good.!!!
quote:Originally posted by machtabow2: Hey You! Yeah you! Do you kow what an Ascending Triangle is? If you do... you will see why I'm getting more excited about this stock every day... Look at the attched chart with ZigZag retracements. Notice how the lows keep on getting higher and is forming an extremely strong "ascending Pattern"... If you would take a ruler... you would be able to draw a straight line up the lows.... Now there has also been a ceiling... Take the same ruler and you will draw a straight line across the top... Now what will likely happen very soon as the pattern continues is a breakout through resistance and a dramatic move upward. This is not an overnight play... and may develop over several days and maybe weeks... but I firmly believe that this will continue to move up unless there is news that would change that trend. mach daclyyay[dc][pe5!b200!f][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=TTXI,uu[h,a]daclyyay [dc][pe5!b200!f][vc60][iUb14!La12,26,9]&pref=G
posted
If it performs as expected you shouldnt have any difficulties getting in late at around 0.12. I have a gut feeling its a slow but steady climber... quite different from what Mach said about its rapid movement. If you look back to Nov.6 through Nov.12 it moved approximately 300% over a 6 day period.
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Mav... do you see the triangle forming? It doesn't mean it will breakout tommorrow... but I think it will happen within the next few weeks... The key will be to get in below .19 and of course to get in as low as possible... I think accumulation is occuring and it's pushing upward... and when it breaks out... it will be a rather large move... I honestly see this breakout taking this to .40 without the merger being completed at all... If it's completed it's icing on the cake and we are up well over $1... Look at the revenue's of these China companies he's talking about... This could be multi $$$'s... It won't happen overnight... but I do think we are close to entry level for the next big move... Hoping still to pick more up between .10 & .11... if it gets there... but will at least have a few on hand regardless. mach
quote:Originally posted by Mav: I hope I have a good chance to get in tomorrow ....
posted
Today it closed @ 0.115, isn't that right ?
quote:Originally posted by trader01: If it performs as expected you shouldnt have any difficulties getting in late at around 0.12. I have a gut feeling its a slow but steady climber... quite different from what Mach said about its rapid movement. If you look back to Nov.6 through Nov.12 it moved approximately 300% over a 6 day period.
posted
Around .02... But I believe the actual breakout point is .19... I realize it broke that once... but that definitely needed consolidation... Usually the breakout occurs after the third run up... I think the first ran to .18.. the second .20... I think the third is coming.. sometime within two weeks. mach
quote:Originally posted by Mav: So we could say that ceiling is at 0.2 ?
posted
Basically, this will continue to go up slowly before the run.
quote:Originally posted by machtabow2: Around .02... But I believe the actual breakout point is .19... I realize it broke that once... but that definitely needed consolidation... Usually the breakout occurs after the third run up... I think the first ran to .18.. the second .20... I think the third is coming.. sometime within two weeks. mach
posted
Trader... I hope I didn't miss communicate... It moves like a turtle from day to day... but when it goes... it goes up dramatically... You can see the last two big runs that were for more than 100%... I know... I watched many people chase it up and when it runs... it's very difficult to get a fill... You will see when it runs... Still say the next big move will be soon... MACD is strengthening... Crossover looks imminent here... We have the Ascending Triangle... Looks good to me... .40 cents will be another 300% gain from current levels. mach
quote:Originally posted by trader01: If it performs as expected you shouldnt have any difficulties getting in late at around 0.12. I have a gut feeling its a slow but steady climber... quite different from what Mach said about its rapid movement. If you look back to Nov.6 through Nov.12 it moved approximately 300% over a 6 day period.
posted
That will depend on how soon it launches. If it goes in the next week .22 to .25 looks like a max.Mach is right about the bottoms and tops it looks classic.
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I think yes... slowly... not a bamb thank you man thing... but when it goes... it will move like lightening... notice the last run from sub .10 to .20 overnight. mach
quote:Originally posted by Mav: Basically, this will continue to go up slowly before the run.
posted
Can you guys see the ZigZag retracement lines in this chart... It shows the clear retracements...(And ascending triangle pattern) Looking at it... I would anticipate a retrace to .10... but who gets the fill there... Today we were .105X.115 and only a few people were filled at .11... That's the only reason I've began accumulating... as I've stated before... No need to bottom fish when there is much more upside potential... Also... you can see the MACD at the bottom... The MACD histograms are beginng the march above the 0.00 centerline... which is means it again is becoming bullish... Now this may take a few trading days... but then again... who knows... It could go up bamb tommorrow... So at any rate I'm glad others are seeing this too. mach http://stockcharts.com/def/servlet/SC.web?c=TTXI,uu[h,a]daclyyay[dc][pe5!b200!f][vc60][iUb14!La12,26,9]&pref=G
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What could turn this thing down ?. Let's think here, this company has 0 employees, is not making any business, so the bad news possible is that they don't close the deal, so we will need to get out very fast before it head south. I know that very high risk is an issue here, but we need to have a plan to know what to do in case of that happening. We can work it out together. What do you think ?, This is just an idea, anyone ??? Profits can be huge ..
[This message has been edited by Mav (edited December 10, 2003).]
posted
Mav... I hear you... I thought about this logically for the longest time... I've made so much money in the past few weeks that it makes buying a little easier... but...
Let's say I tell you that I will sell you a lotto ticket for $500. And your odds are lets say 50/50 that you either win $5000-$7500 or more or lose $300... Would you buy the ticket? It's like flipping a quarter.
If you follow my thought process. As long as you do not bet the farm... I think it makes sense to have an investment here. I believe the odds may in fact be better than 50/50. From every indication that I'm getting... it may be closer to 70/30... ie... you would have a 70% chance of making a killing here...
Also... I think there is a strong possibility of a breakout above .19 without news... and not a limit of .25... but rather to .40... just in anticipation of a merger.
$300/$5000/$75000 or more. mach
quote:Originally posted by Mav: What could turn this thing down ?. Let's think here, this company has 0 employees, is not making any business, so the bad news possible is that they don't close the deal, so we will need to get out very fast before it head south. I know that very high risk is a issue here, but we need to have a plan to know what to do in case of that happening. We can work it out together. What do you think ?, This is just an idea, anyone ??? Profits can be huge ..
posted
On that note: heck a $1000 investment at current levels could bag you $10,000-$15,000 or more after the merger. I think you get the picture. A lotto ticket with minimum 50/50 odds of you making a killing. Like I said... place your bets... mach
quote:Originally posted by machtabow2: Mav... I hear you... I thought about this logically for the longest time... I've made so much money in the past few weeks that it makes buying a little easier... but...
Let's say I tell you that I will sell you a lotto ticket for $500. And your odds are lets say 50/50 that you either win $5000-$7500 or more or lose $300... Would you buy the ticket? It's like flipping a quarter.
If you follow my thought process. As long as you do not bet the farm... I think it makes sense to have an investment here. I believe the odds may in fact be better than 50/50. From every indication that I'm getting... it may be closer to 70/30... ie... you would have a 70% chance of making a killing here...
Also... I think there is a strong possibility of a breakout above .19 without news... and not a limit of .25... but rather to .40... just in anticipation of a merger.
posted
Mav... you are right. You know we are already doing it and we should do more... We could bag a fortune... Let's try as hard as possible to accumulate knowledge from the inside. Moose started it earlier today. He called and talked to Harry (I think that was the name.) Let's call daily... Let's plan this out. Maybe one call daily from each of us to follow up and learn about developments. Try and get a feel for what's going on... Where the President is... Get a feeling via voice tone... maybe even detail our phone conversations... I'm liking this idea. Let me know if anyone would like to do this... A phone call a day... An email each day... and detailed infomation placed on this board. What do you think? Anything else.... that way we could gauge our holdings in this company. mach
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quote:Originally posted by Moose: Well I called again...Talked to Howard this time. He said that Don has meet with the chinese company numerous times since september after his trip there, and that the merger was looking "very very good/likely". Though he isn't able to give a date to when a PR might be release giving more details to the current situtation of the merger. He then went on to say that he has worked with Telco and Don for a few years now and that they are a sincere company and are working hard to move forward. He also went on to talk about the growing industries in China and how it would be a great time to get involved.
quote:Originally posted by machtabow2: Mav... you are right. You know we are already doing it and we should do more... We could bag a fortune... Let's try as hard as possible to accumulate knowledge from the inside. Moose started it earlier today. He called and talked to Harry (I think that was the name.) Let's call daily... Let's plan this out. Maybe one call daily from each of us to follow up and learn about developments. Try and get a feel for what's going on... Where the President is... Get a feeling via voice tone... maybe even detail our phone conversations... I'm liking this idea. Let me know if anyone would like to do this... A phone call a day... An email each day... and detailed infomation placed on this board. What do you think? Anything else.... that way we could gauge our holdings in this company. mach
posted
Ok... I'll make a call tommorrow and see what information I can get. Please feel free to help me develop a list of probing questions that I can use to get more information from these people. Believe me... I'm usually pretty good at getting information out of people... you just need an angle. mach
quote:Originally posted by Mav: I am on it, let's do it. !!!!
posted
i like your idea Mach! i do see the upside potential they have... i hope an email reply from them tomorrow will answer some of our questions.
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Looking forward to that response. Let's work it... mach
quote:Originally posted by trader01: i like your idea Mach! i do see the upside potential they have... i hope an email reply from them tomorrow will answer some of our questions.
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