Wednesday, October 3, 2007

Blast from the past

Blast from the past stocks rolled today.

HIHO was our 3rd pick for the stock doubling project. That has moved from the low $4's a few weeks ago and hit almost $7 today. WOW!!

NOEC hit $8.81 today for a high. We bought it back less then a month ago at $3.89!! What a run.

We try and find stocks with value.

Ever looked at TBSI. It was one of our "other stocks" back in May 2006. Just 17 months ago it was around $5. Now it has high as $47!!!

Find the quality stocks that have good potential and they can RUN!!

TATTF has backed off a bit the last 2 days after closing above $14 on Monday. (glad I got out of the 50 IRA shares at $14.01.)
It has come down to almost the area where I first bought it. I still feel the same though that those $14-15 levels are key. If we can build up some buyers at these current levels and push it past those levels we should be looking good.

Unless I am missing something based on the company releases etc.. I don't see a ton of downside to the stock especially with the value of LIMC at this point. Now if LIMC tanked we could be in some trouble.
But it is approaching $14 which would mean TATTF interest would be well over $110 million just for their portion of the stock.

We will see how things play out I think we will see some movement from TATTF one way or the other over the next week or two.

Have a great day
Steve Hoven
Alleycatnews@alleycatnews.net

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