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Tuesday Morning Corporation Message Board

  • longtimefollower longtimefollower Apr 22, 2009 8:35 PM Flag

    Huge block crosses at $2.23 after hours!

    769,000 shares crossed, ABOVE MARKET, at $2.23, at 4:31:57.

    If that isn't phenomenally bullish, I don't know what is.

    This stock is undergoing MASSIVE accumulation! Could be EXPLOSIVE, when earnings are released in a few days, if management sounds remotedly optimistic.

    Take a look at a 5 year chart on this stock. You gotta LOVE it. This thing could have a "technical bounce" all the way up to $6-10, without batting an eye. (Although more likely, IMHO, a reasonble short-term target range is $4-5.)

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    • I absolutely agree with you, this thing is going over 5. I always thought TUES, was a safer bet then RT and i have five times more in this stock, I will see five times more green when it hits 5 or 6. But I will not sell in a hurry. I am not sure why Longtimefollwoer and incomeandvalue always fight. Let us use our collective knowledge to benefit all of us instead of ego trips.

      • 1 Reply to motormanohio
      • Incomen and I have actually been investment friends/correspondents for 15 years! We "fight" because he's angry that I'm so confident, and thinks I play "cowboy" too much. And thinks I can't claim to know some of the things I "like to think I do." He's got a great investment approach, and our methodolgy overlaps (buying companies for steep discounts to net current assets and/or tangible book), but he's decidedly more cautious than I am.

        I like the viewpoints presented here. But I assure you, I will be LONG GONE when the stock is at $25.

20.94-0.05(-0.24%)Dec 24 1:00 PMEST

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