Thursday, April 14, 2011

TKRFF @.66 : Headed to 3


The last couple of days have been awesome entry points into Tinka. I know there is a lot of interest in this stock because I see the clicks on the Tinka posts so I wanted to write a little about this pattern. To me this stock looks like its in a stair-step pattern and each move is giving tremendous gains as long as you buy it close to the 20dma. This is a very strong pattern and will repeat. I know it sounds too easy, believe me its not going to be. Thinly traded stocks will get knocked about intra-day and you'll get scared out. So buy a small amount you don't have to worry about day and night. In this last sell off (Tuesday) I was lucky to add a small amount at .60. I will hold that new buy until the old resistance is taken out. Then I will wait for the next sell off and use that money and whatever profit I make to buy back. This process takes patience and especially if you are new to the game, its difficult. In any case, this company has great prospects see video and previous posts, technically its awesome and so are the fundamentals for Silver. I think we are headed to 3 dollars a share in this before year end if it isn't acquired around $1.5.



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