Oh one other thing... the daily action on TMSR reminds me of another stock I'm short, ZONA. Like TMSR, ZONA began to soar just after I shorted it, from the high teens all the way into the thirties. When it finally slid back, it did this a few times: intraday price would drop sharply--several points--then climb back up to end the day largely unchanged. But four or five days later, the stock price would end up at the low point on the wierd intraday chart. So it would drop from 32 to 28 in an hour, on fairly low volume, then end the day back around 32... but a week later, sure enough it would be stuck around 28. It did it about three times that I caught.
Don't know what that means, but TMSR's been doing the same thing since about a week ago. Drops from 22, say, down to 18 in a big hurry, then crawls back to 21 or so... maybe this thing's starting to crumble like ZONA finally did??
-- Pete |
