Hi Jane ...
In the old, old days this stock did well on news releases. However, in the more recent past, it would seem that stock went up in anticipation of news, but dropped after the release. What you have to realize is that at that time, there was not that much news coming out. We were in a wait and hold pattern. Things are now moving along at a quickening pace at the company, new clients are signing on, word is getting out about the excellent service and products TSIS has to offer, and news is coming out on a more frequent basis. This stock should no longer react (at least, negatively) to any announcements ... but, depending on the strength of the news, should react positively. How positively would depend on the news.
Today was a reaction to the stock having gone up almost 12 cents in 3 trading days. Profit taking and traders. Think of this like DGIV ... those people that jumped ship when this stock went from $.50 to $2.00 so quickly are now kicking themselves. They hoped to pick it back up at $1.00 or lower, but those days never revisited. This will happen here as well. Eventually, and I suspect in the very near future, the set backs will be small in comparison to the advances. Shorters and traders will be out and this will become a great investment vehicle. |
