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Registered User
Joined: 11/24/2004
Posts: 4
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With this stock know hitting highs that have not been reached since 2/04, and up 4 day's in a row, I guess you would have to take a profit. Or set a stop loss at 1.10.. Then try a lower entry..After hours the stock is posting 1.22/1.13. Maybe a pop in the moarning and then a pull back.
Any one agree..
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Registered User
Joined: 10/7/2004
Posts: 2,126
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I agree that there will be fluctuations, but this is just the very beginning for TGC. At that price you can probably even afford to buy and forget about it. If you are a daytrader, watch the big blocks comming on either direction, it should give you a good idea of the pivot point. You can see in level II (totalview) before the turn is made.
I have traded this stock and made good profits in the last week and a half. I was out of the office today, and miss that nice jump. Yesterday I got in at about .85 and got off at .97 on a bigblock of 10,000 shrs. If you have time and sales and level II when you see the 10,000 shr blocks wave hi!. I am probably riding on.
good luck
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Registered User
Joined: 3/7/2005
Posts: 148
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what were the worden comments on tgc from his latest show
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Registered User
Joined: 10/7/2004
Posts: 2,126
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I like today's swing on this one. It has been lots of fun trading this stock for the last 6 months. More upside is for sure to come.
good luck
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Registered User
Joined: 3/7/2005
Posts: 148
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Big block,how high do you thing tgc can go
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Registered User
Joined: 10/7/2004
Posts: 2,126
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TRC hit new highs today. P&F projections are above $4.
Mr Worden mention a few days ago that this may be due for a retracement of some kind. I am not so sure it wll be sooner rather than later. I think this stock got lots of momentum still left, and the pattern is not calling for correction. It is cuttin resistants like a knife on butter.
good luck
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Registered User
Joined: 11/5/2005
Posts: 180
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If you want to purchase the next TGC look at HEC, it has the same cup with handle formation and is ready to breakout. HEC will be 1.37 or higher soon.
I believe the breakout is coming before the end of this week.
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Registered User
Joined: 10/7/2004
Posts: 2,126
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HEC??? cup and handle ???
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