IMHO, Thursday's retreat in TSIS price was a combination of short term investors taking their profits, some short selling, a general weakness in the market, and perhaps a small amount of disappointment in the lack of news, which was said to be released on Thursday. On the positive side, because I'm an INVESTOR in TSIS, and not a speculator, I used today as an opportunity to buy some more, and I know others did too.
I certainly hope news does come Friday as stated by Jim B. and others. I would like to see some news NOT for the news itself, though I hope it's really good, but more to restore a bit of confidence in what I hear directly from Scott at TSIS. Of course, I fully realize that Scott and TSIS can release News anytime they darn well want to, but if they mean to release it on Thursday OR FRIDAY or whenever, then they ought to just say "very soon". Specific dates stick in investors minds. Of course, today was a down day for the market in general, and IF I WAS GOING TO RELEASE SOME NEWS, I would wait as long as reasonable for an up day on the market, to try and capitalize on the general buying going on, maximizing the effect of the news. Nothing illegal about that-- just looking out for the stockholders best interests. It's possible that if the market had been going up in general today, we very well might have had our news release.
Hopefully Friday morning will make this whole issue unimportant, as I strongly believe it will.
Looking forward to tomorrow...
R. Gates |
