Tai - there are some excellent posts on this tread regarding shorting TSIS. But the short of it (LOL), IMHO, unless you ask for cert's, the shares are held by (large) brokers and mm's that help each other creating demand and assit each other for buying and selling of shares for the purpose of profit.
Sometimes shares on the open market do not have buyers on the BB's, so the mm's buy them from us and trade them between themselves providing liquidity and the opportunity to sell shares immediately when there is no street (us) buyers or sellers available.
There is a price that the mm's have borrowed the shares (brokers that have we have kept with for safe keeping - LOL) with a price they can not go over with out paying dearly. Recently we tested the waters at .67 cents, and WOW the naysayers came from all over to kill the upward movement IMHO.
The mm's read the treads they make their money with, and have employees working to (try to) ensure their "stocks" do not reach the value where they have to start paying for replacement of these shares. Meaning, the volume picks up in the millions, the large brokers want the shares back at a higher price... part of the deal... for instance .. I borrowed from a broker 1 million shares and as long as the volume does not pickup their is not a call for the borrowed shares, but on a high volume movement, everyone runs out of shares to sell to us, so the brokers and other mm's demand the shares back at the going rate - the difference from which they borrowed the shares.
If the volume reaches "meltdown" (not enough shares to cover) the brokers and the mm's become dog eat dog covering their positions which makes more cross selling and more melt down which tells the mm's to depart with tail under their rump. (someone may know what it would take to cause this to happen, but, remember, the mm's are reading this thread also, and they deal the cards until the volume reaches what I refer to as meltdown= the market place dictates value rather then the mm's.)
Most of us are waiting for many dollars IMHO. TSIS is moving up not down. Expanding customer base with top companies. They have had their profitable quarter. The CEO says life is good! He has not lied to us. We are waiting <patiently> for their next earnings report, and their next, and their next, and then NASDAQ.
The CEO says sometime within 18 months TSIS will be on the board (they have to be a $4.00 stock). This is not a pump and dump stock. It is a long term investment.
Remember next time TSIS runs, the naysayers will come out of their garbage cans to trash the company. When will the next run happen, IMHO sooner then later:)
Hope I helped. I am sure the TSIS thread will correct my inaccurate points. Best wishes: |
