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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce

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To: LegalBeast who wrote (2103)8/12/1998 4:49:00 PM
From: elepet  Read Replies (2) of 2752
 
I tried an explanation yesterday when I noticed the fast & furious trading between 2 3/4 & 3 1/8...and the same drop you noticed. Repeat..it feels as though some sort of MM manipulation took place then, and that TSQD is stuck in this trading range regardless of what DRIV does...until there is some enormous change of one kind or another. After all : How many people besides us even know about the relationship between the two companies? It's not a matter of "positive thinking" or otherwise. What you might do is watch the action minute by minute and notice how low the bid price remains, which is what we would get if we sold. I have gotten stuck in this situation before and have no solution other than: 1. wait & hope 2. take the loss and get out. I hate to do that myself...I even bought more at 3 1/16 and am still behind (bid price & commissions) On the other hand that money might bring better returns elsewhere. Market was up today so that is not an excuse..Gcty was up..maybe DRIV will be discovered at Schraft's someday soon.
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