**Caution, this Post will make some folks ANGRY**
The month is over, and we had some of the best news yesterday that we've had in a long time, so why didn't TSIS go REALLY gangbusters?
Everyone take a look at: quote.yahoo.com
Notice that right out of the shoot on Friday morning there were buyers, willing to BUY AT THE ASK! But the MM's wouldn't raise the ask after they got a few trades at market ask. This stock could very easily have jumped to .65 or so in the first half-hour of trading, HAD the MM's raised the ask when they got a few trades at market. Momentum players were waiting for it, but it never came. The MM's put a lid on the upward momentum on purpose and contained TSIS just below the .60 level. Why would that be? Well, we've had many great posts on this the past few days. Month end MM games, a big short sitting at .60 etc. There are a varity of factors, but the most important thing to keep in mind is that TSIS was being kept in check, even though it very easily could have gone higher. The natural market WILL take TSIS higher, when the reins are released.
So what does this week mean for June, and more importantly, for the rest of the summer and fall and winter etc? Well, right around the corner are the financials due out very soon, and any number of big contracts like GTE that are in the works. Believe it, they are BIG! I am convinced that TSIS has been held back on purpose to provide a chance for accumulation at lower levels before a major push to a higher levels beginning in June. The train has been held at the station so certain vested interests can accumulate enough before it leaves for higher ground. Remember that TSIS has friendly MM's working for them. They could have easily raised the ask to .60 this morning ater they got several buys at market if they wanted to. Just to test the market if nothing else. They didn't. Why not? Now I know some of you, (BarbaraT?) may not accept this explanation. But remember, you also couldn't accept it when I told you last week there might be news before the financials came out. And IR even told you not to expect any! But THERE IT WAS! They didn't want TSIS to run on rumor before it was time. Just consider that IT MAY HAVE BEEN IN TSIS's (THE COMPANY) BEST INTERESTS TO HAVE HELD THIS STOCK IN CHECK. JUST CONSIDER IT! Think about it. If you owned a company and you knew its stock could go from .60 to over a dollar or more very quickly, but you didn't have any cash on hand to buy some shares, WOULDN'T IT BE NICE IF YOU COULD KEEP THE STOCK AT AROUND .60 UNTIL YOU HAD THE CASH! And haven't we had rumors of a stock buy-back? Isn't there some possible connection here? And it's totally legal and logical and I actually admire TSIS for it if that's what they are doing! If anyone has a better explanation I'd like to here it, but I believe that the train has been held back until it's full (long in the hands of the right folks). I took advantage of this temporary hold to buy some more today. It really is a gift. IMHO, the GTE announcement was timed at the end of the month very carefully, as a "train whistle" call if you will. It says that the TSIS express can wait no longer. JUNE WILL BE the month the TSIS express leaves the station. We've heard the whistle call. Hope everyone is onboard with lots of seats...we've got some BEAUTIFUL country up ahead...
All Aboard!!!
R. Gates |
