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

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To: R. Gates who wrote (2109)5/15/1998 9:20:00 AM
From: Stephen Nelson  Read Replies (1) of 6931
 
Do you think that stochastics will work on a penny stock like TSIS? While I like what they are doing (adding more customers and monthly revenue) I just don't trust technical indicators yet.

The way I see it, with an average daily volume of 700k shares @ $0.60, TSIS is trading less than $500,000 per day in dollar volume. Not enough to warrant stochastics yet.

My 2 cents
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