TSIS: WHAT IS GOING ON? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jean1057 who wrote (418)	11/25/1997 11:39:00 PM
From: bgavlick	Read Replies (1) of 6931

Hey there everyone, maybe I can shed some light on TSIS that needs some consideration. If you check out the chart of TSIS this year you will see that this unusual drop in price after good news has occurred three times before. What we need to remember is this is a penny stock and the pros love to short these stocks after every major or minor advance in price after news is released. Today we had two securities firms come in as organized shorts. It is very easy to do in penny stocks. On a positive note, in the coming weeks ahead we could see a heck of a squeeze play against these people and when they are forced to buy to cover their short positions we will see a spike in price the opposite of what we saw today. If you can afford to, add to your position at these lower levels-you wont regret it

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next