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

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To: BarbaraT who wrote (5484)3/13/1999 12:19:00 AM
From: Tai Jin  Read Replies (1) of 6931
 
Actually, the stock went up after the news. Looks like a lot of people (or maybe just a few large shareholders) had bought in in the upper 20's and low 30's and were taking profits.

I would prefer it if those were shareholders who bought at this level or higher - that's the only way to work through the overhead. It does the stock price no good if shareholders who bought lower keep selling here - the price would never break through resistance.

...tai
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