After looking at ttrif I would say it meets part of TW's criteria. However, I prefer to have at least two years of accumulation. It is a personal thing but I am scared to buy stocks under a dollar. Here are a few stocks I recently bought. Most of these have longer bases than TTRIF: milt, parl, eil, pli,hrt, sft, tof, idyn, eecn.
Good luck
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Agreed. TTRIF Is not quilified for "Ted Heads" to purchase at this stage of it's development. If you purchase at this point you will be in with the "weak hands". Ted's Book says accumulation bases are best at 2 to 3 years minimum. If you want to join the speculators at this point you will still have to wait for TTIF to break out at $2.00 in at least 1 1/2 years for you to be "reasonably" certain that the "strong hands" have joined the party!
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Look in Ted Warrens book Ted Warren in an hour,page 28 on Formations to buy on.According to the formations this stock is not ready to buy. Ofcourse, you could buy it now and maybe hold the stock for years and still not see the break. Look at GV. It had a 15 year base before the break to $2.00. the cheaper the stock the the more risk is involved.
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