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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

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To: bob oserin who wrote (10727)6/10/1999 8:43:00 PM
From: Ice Cube  Read Replies (1) of 10903
 
Not short.... Here's why the reverse can work. If they have 40 million shares in the float the stock will have a hard tim emoving up. Too much overhang. I'm not saying it can't move higher, it's just a whole bunch of paper to eat through. When they file the next 10q look at the prices the convert holders got their stock. All that stock will be for sales. So, if they reverse it (it screws the current shareholders) they take the float down substantialy including the CD holders shares that are for sale. Then you will have a stock that can trade up and down again. But, normally a stock that reverses the MM's go right back after again. I don't think there are too many shorts left at these levels. If they become profitable, the bang is in having the fewest shares outstanding will make the price zoom. That's my only point. If they don't make money, down she goes.....
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