TSIG.com TIGI (formerly TSIG) Message Board

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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Brett Fleischman who wrote (193)	5/7/1998 10:29:00 PM
From: hoffy	Read Replies (1) of 44908

The posting that TSIG's cash position is weak and that they will need to raise some cash is not a revelation at all. I posted that here about 3-4 days ago. That's the reason this is a 60 cent stock and not 60 bucks. If they had plenty of cash to burn and a new site on the internet they would be 60. That's why this is a turn around play. In my opinion management is making the right steps to do it and they could very quickly be in a good if not great cash position with the revenues that will be coming in. I think others are beginning to realize that now and that's why the big blocks came in late in the day and the price started to really move. Of course with any penny stock there is some risk here. They may have a hard time making it and the stock may fall back down. In that case you can lose some money. But if they can make it, and so far it looks good, then we are taking a 10-20 bagger from here within a year. I say it's about 50-50 that this occurs but with the upside way more than the downside the risk is a good one, This of course is IMHO.

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