TRANSGAMING INC. V.TNG

Another thought /Opinion

[mkrr24]

History repeats its self -if we look at companies regardles of the sector their in, we could conclude that all extreme jumps or falls are usually to almost always  rebounded,. for instance in the last month I have observed and bought  these stocks - all short positions  from few minutes  to few hours  - including TNG - CSI - IB - LMR - PDL so I am thinking that possibly tomorrow or Monday we should have a good re bound -  I am only stating what I think based on previous buys.

[dayindayout]

Hope you're right. How long you been watching this stock?

[mkrr24]

It got my attention at 23.5 cents (all short term)- altough I did not invest at that point as I thought it might be at its high point as it was 52 week high , boy was I wrong.  But managed to come in at 50 and sell at 55 10% in few min not bad - today at 39.5 and had to sell at 39.5 as I smelled another drop I was wright - I think long term is extrenley hard to predict and see where it will

[domdesm]

This post has been removed in accordance with Community Policy

[mkrr24]

few thousand not 100.000 shares

[SizzlinSteaks]

I would tend to agree. I think we will see further consolidation with a close at 29 or 30 cents tomorrow and a big move up on Monday. I say this based on the 50% retracement rule which almost always stands true. If we look back to Monday the SP closed at 19 (prior to the run). The big move on Tuesday took us to a high of 39 cents..... so 50% retracement from there would be 29 cents....Just my