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Phil, you are going to have to decide on your priorities--job, family, or TSIG! LOL It was another interesting day of trading. If anybody remembers that far back, the volume around 1:30 PM EDT yesterday was less than 300,000. Trading began in earnest around 2 o'clock with fairly heavy trading for the rest of the day. I estimate that 660,000 shares were dumped yesterday. With Wednesday's total of 4.2 million, we now have an estimated 4.9 million shares that have been sold. As you know the stock closed slightly up which is bullish considering the heavy selling which continues.......I am told that some "longs" have temporarily traded out of TSIG to chase another opportunity with the plan of getting back into TSIG before the move upward. Good luck, guys. I have only been counting trades of 50,000 shares and over that appear to be sells. It may be appropriate to discount the above total of 4.9 million shares if the short-term selling by the longs included a significant number of trades of 50,000 shares and over. Comments welcome.......I hope the posting of the trades and amateur commentary have been helpful to people in understanding that the stock's behavior does not truly reflect the potential of the company. The best day to buy this stock will the last day the PP dumps shares. Unfortunately, I don't know when that day is going to be. But if we don't catch the absolute bottom, there should be a clear shift in the nature of the trading, not to mention the stock price. As always, my sincere thanks go to you Phillip for your invaluable help. Regards, Suzanne |
