TSIS: WHAT IS GOING ON? Message Board

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

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To: jmt who wrote (6163)	6/1/1999 10:06:00 PM
From: BarbaraT	Read Replies (1) of 6931

There were a lot more buys .. but when the bid was .43 selling came into it. I imagine there are a lot of impatient investors (I use that term loosely) that bought in around the .25 - .30 level, and wanted to take some profit. I would think that once the bid hit the .39 level again, the selling tapered off. I know this morning that most of the trades were buys - a friend with Level II filled me in -- but haven't a clue as to which were buys and/or sells later on. Only clue I have is if it was at .39 or .40 I assumed it was a sell, and over .40 a buy. I hope the volume keeps up and buying comes in. There are quite a few million held in firm hands. I know that between Skip and myself and John there is over 1 million shares firmly held - and I know that Skip and I aren't selling (and I believe that John has been in this so long he feels the same). In addition, Skip has a broker friend who controls more than 3 million shares and although I have a feeling that some of those are being traded, I believe the bulk are firmly held since that group expects this stock to go to $10 over time (I would be happy to see $1). Let's hope tomorrow it goes up and holds.

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