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

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To: gary g who wrote (2508)6/3/1998 6:19:00 PM
From: R. Gates  Read Replies (1) of 6931
 
Very Interesting post GaryG. I can think of several of these "buy-ins" that have probably occured on some of the more favored stocks on SI. Nice to see that TSIS has been spared these manipulations.

Healthy Volume today for TSIS, and though the price dropped a bit, we had good support at the end of the day when NASDAQ and the DOW were really taking a hit. My speculation is that some short term players were cashing out and the MM shorting was continuing. There was enough volume buying to support the stock above .50, and that was a real good sign. More shares going into the hands of longer term holders...

R. Gates
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