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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 11-06-2007, 11:07 AM
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Aufan 1983 Aufan 1983 is offline
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Default TUIC.. Shell Play

I posted this one this morning on the new thread I started for possible movers. Leon and I jumped in @ 018 and was really just playing the L2. Its now up 172% so I wanted to find out the story. Here it is take it for what its worth.

This info came from another board:

First the stock formerly traded on the NYSE and the float is thought to be TINY.

OUTSTANDING SHARES 17.97M
FLOAT 12.99M
BOOK VALUE $5.59 http://finance.yahoo.com/q/ks?s=TUIC.PK


from old filing....Upon consummation of the Mergers and completion of this Offering, the
Company will have outstanding 16,262,611 shares of Common Stock. The 5,500,000
shares sold in this Offering (plus any additional shares sold upon exercise of
the Underwriters' over-allotment option) will be freely tradeable without
restriction unless acquired by affiliates of the Company.

Play with caution. We all know this shell plays can either rocket or bust
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  #2  
Old 11-06-2007, 11:15 AM
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Default Re: TUIC.. Shell Play

What a laugh... They took it from 03 down to 017 on 3 trades of 5000 each and then bolted the ask back to 029....rofl
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  #3  
Old 11-06-2007, 02:29 PM
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Default Re: TUIC.. Shell Play

172% gain now... awesome..
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Old 11-06-2007, 02:38 PM
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Default Re: TUIC.. Shell Play

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Originally Posted by Leon81 View Post
172% gain now... awesome..
NOW 190%..... SWEET!!!!!!!!! :D :D
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  #5  
Old 11-06-2007, 02:42 PM
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Default Re: TUIC.. Shell Play

Another great call Au... I need to just follow you around...Congrats guys
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Old 11-06-2007, 02:43 PM
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Default Re: TUIC.. Shell Play

Aufan, Glad that we jump in this morning before it booms... 209% gain..:D
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  #7  
Old 11-06-2007, 02:47 PM
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Default Re: TUIC.. Shell Play

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Originally Posted by M@xWeLL View Post
Another great call Au... I need to just follow you around...Congrats guys
Thanks M@x...... The L2 service from Alpha Trade makes this game alot easier
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  #8  
Old 11-06-2007, 02:50 PM
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Default Re: TUIC.. Shell Play

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Originally Posted by Leon81 View Post
Aufan, Glad that we jump in this morning before it booms... 209% gain..:D
VERY nice!! I never expected it to pop this quick
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Old 11-06-2007, 03:05 PM
M@xWeLL M@xWeLL is offline
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Default Re: TUIC.. Shell Play

Sorry to be OT but what exactly do you look for in the L2? Just few mm's?
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  #10  
Old 11-06-2007, 03:10 PM
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Default Re: TUIC.. Shell Play

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Originally Posted by M@xWeLL View Post
Sorry to be OT but what exactly do you look for in the L2? Just few mm's?
I look at several different things. The # of mms at different levels and the spread between them. I also look for the number of shares even though in the penny world it can't always be believed. Bid support is also key when entering. You don't want to enter when there is very little bid support.

Hope that helps. If I can do it anyone can....lol
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