TSIS: WHAT IS GOING ON? Message Board

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

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To: John S. Baker who wrote (4980)	1/6/1999 11:04:00 AM
From: gregor	Read Replies (1) of 6931

John : Actually since Dec 15 on the link you provided shows obv of positive 600,000 shares ( having moved from neg 200,000 to positive 400,000, a 600,000 share swing ), while the 30 day 0bv shows positive 200,000, which is less than I reported. The weakness is that the move in share price is not weighted. i.e. a 1/16 point move would be given the same value as a 1/4 point move. One would assume that statistically the skewing would even out over time so I am going to watch closely, this indicator over the next several months. We are definitely under accumulation, however. What also strikes me is that a relatively small "balance" of money can move this stock a long ways. If the positive "balance" of money since Dec 15 was a positive 200,000 dollars and the stock moved 5 cents then one could assume that a positive "balance" of a few million would easily place us in the 50 60 cent range again......gregor

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