Looks like todays trading will be critical for the stregthening or weakening of TSIG's chart...It is beginning to show signs of weakening IMO...A break of the recent intraday low(weds//.155 +/-),,would not bode well for the future,and would most likely see it continue down to .12,IMO (wonder how many got suckered in at .18 and above?) I'm expecting the share count to explode and a registration statement and vote to change the charter, reflecting a higher authorized number to follow)
207.61.23.98
(if there is more floorless deb conversions left,one would expect them to increase again,if the price slides lower. Due to the recent higher price,,I would expect options were excersised and the resulting shares sold into the float--all resulting in more outstanding shares.) Of course the slick part of any options conversions or floorless conversion,,they won't be read in a filing until the 1 Q report,,probably filed in May) |
