RE: 2.5M shares changed hands today !!!Hi Bullfrog
You have to put it in the context of when I checked the price this morning.
When I checked, the stock was up 2 cents. Usually when there are that many shares changing hands it starts a trend but in this case it's as if everyone thought that $2.3M cross was a bad trade and the smaller traders just made the price go back up to where it started the day as if nothing happened. It also confirms Elf's analysis that the $0.45 level is a resistance level now and we should see upward movement.
I think everyone can agree that the year end financial report showed a very hot trend in revenue. It also confirmed to me at leasr that the management didn't lie to us; they really did go black when they said they would. That's why I still haven't sold any shares yet since I bought them a year ago this month.
I suspect that TNG will show up on a lot of radars tonight in the nightly stock summaries because of the large volume. I wouldn't be surprsed if we jump up to $0.65-$.70 earrly morning and then see it settle to around $0.58 by 4:00
Good luck to all
Nick
Can't wait to see the Q1 report.