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

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To: Breeze1 who wrote (4836)12/16/1998 7:36:00 AM
From: gary g  Read Replies (2) of 6931
 
Folks, listen to John. It's as if you're getting good advice that you would pay for anywhere else. Some of your questions can't be answered until such time as a law suit is brought by either an individual investor or an institution like the SEC or a Canadian regulatory body. We have no idea what the depths of this is. The only thing that I can ascertain from reading the financials is that they tried to play a game with the people that were shorting the stock and they got burned. Some of you asked if this was a mistake of management. The answer, of course, is of course. They obviously were unaware or blatantly disregarded the law. I've told everyone this before and I'll say it but one more time. If it wasn't for those of us that short stocks, you would not have a market to trade in, and those that don't understand this should go buy a book and read up on shorting stocks. Like John, I haven't the vaguest idea how this is going to turn out, but I do know that this co. is going to live with it for a long period of time. And to suggest that it was a stupid mistake on management's part is being charitable. If you want some more advice you're not paying for, here it comes: Invest in or trade the stock as you would have at any other time. This little episode may just bring this co. to the attention of other investors. And all could profit from it. I know that's a reach, but it's possible. God job, John. Were you a teacher in your past life?
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